Oppenheimer analyst Tim Rezvan assigned a Buy rating to QEP Resources (QEP) today. The company’s shares opened today at $8.42.
According to TipRanks.com, Rezvan is a 1-star analyst with an average return of -1.3% and a 46.3% success rate. Rezvan covers the Basic Materials sector, focusing on stocks such as Whiting Petroleum Corp, Gulfport Energy Corp, and Par Pacific Holdings.
QEP Resources has an analyst consensus of Moderate Buy, with a price target consensus of $12.08.
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The company has a one-year high of $13.77 and a one-year low of $5. Currently, QEP Resources has an average volume of 6.02M.
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QEP Resources, Inc. is a holding company, which engages in the exploration and production of oil and natural gas properties. It focuses in the Northern Region (primarily in North Dakota, Wyoming and Utah) and the Southern Region (primarily in Texas and Louisiana) geographical regions. The company was founded in 1922 and is headquartered in Denver, CO.
