QEP Resources (QEP) : During the past 4 weeks, traders have been relatively bearish on QEP Resources (QEP), hence the stock is down -14.69% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -6.45% relative to the S&P 500. The 4-week change in the price of the stock is -16.41% and the stock has fallen -5.95% in the past 1 week.
The stock has recorded a 20-day Moving Average of 10.74% and the 50-Day Moving Average is 7.9%.The 200 Day SMA reached 10.92% QEP Resources, Inc. has dropped 9.26% during the last 3-month period . Year-to-Date the stock performance stands at 27.31%.
QEP Resources (QEP) : The highest level QEP Resources (QEP) is projected to reach is $36 for the short term and the lowest estimate is at $19. The consolidated price target from 12 rating analysts who initiate coverage on the stock is $25.42 and the possibility the share price can swing is $5.37.
For the current week, the company shares have a recommendation consensus of Buy. QEP Resources (NYSE:QEP): The stock opened at $16.59 and touched an intraday high of $17.12 on Friday. During the day, the stock corrected to an intraday low of $16.46, however, the bulls stepped in and pushed the price higher to close in the green at $17.06 with a gain of 1.07% for the day. The total traded volume for the day was 6,546,475. The stock had closed at $17.06 in the previous trading session.
QEP Resources, Inc. (QEP) is a holding company with two subsidiaries, QEP Energy Company and QEP Marketing Company, which are engaged in two primary lines of business: oil and gas exploration and production (QEP Energy) and oil and gas marketing, operation of the Haynesville Gathering System and an underground gas storage facility (QEP Marketing and Other). The Companys operations are focused in two geographic regions: the Northern Region (primarily in Wyoming, North Dakota and Utah) and the Southern Region (primarily in Texas and Louisiana) of the United States. QEP Energy Company conducts exploration and production (E&P) activities in several of North Americas hydrocarbon resource plays. QEP Marketing Company provides wholesale marketing and sales of affiliate and third-party gas, oil and natural gas liquids (NGL).