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QEP

QEP Resources

$8.19

-0.08 (-0.97%)

16:17
02/20/19
02/20
16:17
02/20/19
16:17

QEP Resources to reduce G&A expenses by ~45%

QEP Resources, in light of the reduction of the company's operational footprint over the last 12 months, has reassessed its organizational needs and intends to significantly reduce its general and administrative expense by approximately 45%, when comparing 2018 to 2020, to ensure its cost structure is competitive with industry peers. The company expects the majority of these reductions will be implemented during the first half of 2019.

  • 21

    Feb

QEP QEP Resources
$8.19

-0.08 (-0.97%)

11/20/18
11/20/18
UPGRADE
Target $11

Neutral
QEP Resources upgraded to Neutral on valuation at Credit Suisse
As previously reported, Credit Suisse analyst Betty Jiang upgraded QEP Resources to Neutral from Underperform, with a $11 price target, as accretive Haynesville sale leaves residual pure-play Permian E&P trading at a large discount to peers. Although both Bakken and Haynesville deals came in at or below the low-end of her initial valuation range, QEP executed on both sales despite substantial market skepticism, Jiang contends.
11/29/18
COWN
11/29/18
INITIATION
Target $10
COWN
Market Perform
QEP Resources initiated with a Market Perform at Cowen
Cowen started QEP Resources with a Market Perform rating and $10 price target.
12/06/18
SPHN
12/06/18
INITIATION
Target $12
SPHN
Equal Weight
QEP Resources initiated with an Equal Weight at Stephens
Stephens analysts Gail Nicholson and Drew Lipke began coverage of the E&P sector with a positive outlook, starting QEP Resources with an Equal Weight rating and $12 price target.
12/20/18
SOCO
12/20/18
DOWNGRADE
SOCO
Equalweight
QEP Resources downgraded to Equalweight from Overweight at Capital One

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WCC

Wesco

$46.50

-0.3 (-0.64%)

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AXE

Anixter

$65.21

-0.68 (-1.03%)

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ED

Consolidated Edison

$92.50

0.56 (0.61%)

04:46
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Consolidated Edison rating change  »

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ICLR

Icon

$154.77

1.67 (1.09%)

04:45
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X

U.S. Steel

$10.81

-0.25 (-2.26%)

04:43
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AKS

AK Steel

$2.41

-0.05 (-2.03%)

04:43
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    Oct

CLF

Cleveland-Cliffs

$7.73

-0.235 (-2.95%)

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SoftBank

$0.00

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$0.00

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DB

Deutsche Bank

$7.99

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BNP Paribas

$0.00

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Johnson & Johnson

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1.75 (1.35%)

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$209.44

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$46.36

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$0.00

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Microsoft

$139.34

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PG

Procter & Gamble

$122.22

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KO

Coca-Cola

$53.90

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PEP

PepsiCo

$134.49

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CL

Colgate-Palmolive

$70.97

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KMB

Kimberly-Clark

$135.13

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K

Kellogg

$63.79

0.07 (0.11%)

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BGNE

BeiGene

$135.62

2.61 (1.96%)

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  • 27

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CE

Celanese

$122.73

-1.06 (-0.86%)

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BA

Boeing

$379.33

-5.28 (-1.37%)

19:21
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  • 02

    Oct

AA

Alcoa

$21.70

-0.26 (-1.18%)

19:15
09/22/19
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19:15
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19:15
Downgrade
Alcoa rating change at Goldman Sachs »

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  • 16

    Oct

AA

Alcoa

$21.70

-0.26 (-1.18%)

, SCHN

Schnitzer Steel

$23.55

-0.27 (-1.13%)

19:15
09/22/19
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19:15
Downgrade
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AA

Alcoa

$21.70

-0.26 (-1.18%)

SCHN

Schnitzer Steel

$23.55

-0.27 (-1.13%)

CMC

Commercial Metals

$17.94

-0.42 (-2.29%)

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  • 16

    Oct

CMC

Commercial Metals

$17.94

-0.42 (-2.29%)

19:08
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19:08
Downgrade
Commercial Metals rating change at Goldman Sachs »

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SCHN

Schnitzer Steel

$23.55

-0.27 (-1.13%)

19:06
09/22/19
09/22
19:06
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19:06
Downgrade
Schnitzer Steel rating change at Goldman Sachs »

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FNSR

Finisar

$24.31

1.25 (5.42%)

18:15
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BNPQY

BNP Paribas

$0.00

(0.00%)

, DB

Deutsche Bank

$7.99

-0.08 (-0.99%)

18:04
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Periodicals
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BNPQY

BNP Paribas

$0.00

(0.00%)

DB

Deutsche Bank

$7.99

-0.08 (-0.99%)

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VRSK

Verisk Analytics

$158.47

-0.21 (-0.13%)

18:00
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18:00
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18:00
Initiation
Verisk Analytics initiated at Keefe Bruyette »

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T

AT&T

$37.92

0.78 (2.10%)

, CMCSA

Comcast

$46.36

-0.32 (-0.69%)

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T

AT&T

$37.92

0.78 (2.10%)

CMCSA

Comcast

$46.36

-0.32 (-0.69%)

CMCSK

Comcast

$0.00

(0.00%)

SNE

Sony

$59.19

-0.19 (-0.32%)

LGF.A

Lionsgate

$9.49

-0.47 (-4.72%)

LGF.B

Lionsgate

$8.88

-0.435 (-4.67%)

DIS

Disney

$132.18

-1.14 (-0.86%)

VIAB

Viacom

$24.92

-0.28 (-1.11%)

VIA

Viacom

$26.67

-0.85 (-3.09%)

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