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Qep Resources Inc   (QEP)
Other Ticker:  
 
    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy
 
Price: $0.0000 $0.00 %
Day's High: 0.00 Week Perf:
Day's Low: $ 0.00 30 Day Perf:
Volume (M): 0 52 Wk High: $ 0.00
Volume (M$): $ 0 52 Wk Avg: $0.00
Open: $0.00 52 Wk Low: $0.00



 Market Capitalization (Millions $) -
 Shares Outstanding (Millions) 243
 Employees 765
 Revenues (TTM) (Millions $) 734
 Net Income (TTM) (Millions $) 3
 Cash Flow (TTM) (Millions $) -104
 Capital Exp. (TTM) (Millions $) 358

Qep Resources Inc

QEP Resources, Inc. (QEP or the Company), is an independent natural gas and oil exploration and production company. QEP is a holding company with three major lines of business – gas and oil exploration and production, midstream field services, and energy marketing.

• QEP Energy Company (QEP Energy) acquires, explores for, develops and produces natural gas, oil, and natural gas liquids (NGL);

• QEP Field Services Company (QEP Field Services) provides midstream field services including natural gas gathering, processing and treating services for affiliates and third parties; and

• QEP Marketing Company (QEP Marketing) markets equity and third-party natural gas and oil, provides risk-management services, and owns and operates an underground gas-storage reservoir.

QEP operates in the Rocky Mountain and Midcontinent regions of the United States and is headquartered in Denver, Colorado. Principal offices are located in Denver, Colorado; Salt Lake City, Utah; Oklahoma City, Oklahoma; and Tulsa, Oklahoma.

Competition and Customers: QEP Energy faces competition in every part of its business, including the acquisition of producing properties and undeveloped leasehold, the marketing of natural gas and oil, and obtaining goods, services and labor. Its longer-term growth strategy depends, in part, on its ability to acquire reasonably-priced acreage containing reserves and identify and develop them in a low-cost and efficient manner.
QEP Energy, both directly and through QEP Marketing, sells natural gas production to a variety of customers, including gas-marketing firms, industrial users and local-distribution companies. QEP Energy regularly evaluates counterparty credit and may require financial guarantees or prepayments from parties that fail to meet its credit criteria.



   Company Address: 1050 17th Street Denver 80265 CO
   Company Phone Number: 672-6900   Stock Exchange / Ticker: NYSE QEP
   


Customers recorded net loss Customers recorded net loss



• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
APA        2.86% 
CHKEW        2.86% 
EOG        2.26% 
OXY        3.37% 
PARR        3.42% 
PXD        3.52% 
• View Complete Report
   



Denbury Inc

Denbury Inc Suffers Jaw-Dropping 31.768% Plunge in Revenue During Q2 2023


Introduction
The stock market is often marked by fluctuating trends and can present both profitable and challenging times for investors. Denbury Inc, an energy company operating in the United States, has recently reported a decline in its net profit, income, and revenue for the April to June 30, 2023 period. This article aims to analyze the significant factors contributing to this decline and provide insights into Denbury Inc's profitability trends.
Profitability Declines
During the April-June 2023 period, Denbury Inc's net profit per share witnessed a significant plummet of -55.83%, dropping to $1.25 per share from $2.83 per share compared to the previous year. This downward trend reflects the challenges faced by the company that have impacted its financial performance. Additionally, income faded by -24.7%, declining from $1.66 per share in the previous reporting season to $1.25 per share.
Revenue Downturn
Denbury Inc's revenue also experienced a substantial decline of -31.768%, dropping to $328.98 million from $482.16 million during the same reporting season in the previous year. Moreover, the sequential revenue decline stood at -3.529%, from $341.02 million. This decline in revenue suggests a less favorable market environment for the company and may reflect moderating demand in the industry segment.

Altex Industries Inc

Altex Industries Inc Reveals Staggering 33% Revenue Drop in Q3 2023 Amid Fiscal Year End - Reaches Surprising Break-Even Point

Altex Industries Inc, a company operating in the [insert industry], recently announced its financial results for the third quarter of 2023. The company reached break-even at $0.00 per share, which is the same as last year and the preceding financial reporting period. This is an encouraging sign for the company as it indicates that it has managed to stabilize its financial position.
However, the company experienced a decline in revenue for the third quarter. The revenue faded by 33.333% to $0.01 million compared to the same period a year ago. Sequentially, the revenue deteriorated by 14.286% from the preceding financial reporting period. These numbers suggest that Altex Industries Inc has faced challenges in generating consistent revenue growth.

Nine Energy Service Inc

Second Quarter 2023 Serves Up Robust Revenue Growth for Nine Energy Service Inc., Surpasses Industry Expectations Despite Profitability Challenges

The outlook for the stock market is looking up, particularly for Nine Energy Service Inc. This oil and gas production company has bucked the industry trend by reporting an impressive revenue increase of 13.405% to $161.43 million in the fiscal period ending June 30, 2023. While many of its peers have experienced business decline, Nine Energy Service Inc is showing signs of improvement.
In addition to their revenue growth, Nine Energy Service Inc has also seen a notable improvement in their earnings per share (EPS). Comparing the current financial reporting period to the previous one, EPS has improved from $-0.19 per share to $-0.08 per share. This indicates that the company is making strides towards a more positive financial position.

Comstock Resources Inc

Comstock Resources Inc Plunges into Deficit, Share Value Falls Sharply in the Fiscal Period Ending June 30, 2023!

As a stock market journalist, it is my duty to provide an objective and thorough analysis of the financial results of Comstock Resources Inc. Based on the given information, it is evident that the company's performance has taken a significant hit in the fiscal period closing June 30, 2023.
Starting with the earnings per share (EPS), we see a drastic decline from $1.36 per share in the prior year to a loss of $0.17 per share. This indicates a stark reversal of fortune for the company and raises concerns about its profitability. In addition, the preceding financial reporting period saw EPS at $0.49 per share, indicating a decline in performance.

Murphy Oil Corporation

Dramatic Dive: Murphy Oil Corporation Witnesses a Sharp 26.018% Revenue Plunge in Recent Fiscal Year



Murphy Oil Corporation, a prominent player in the oil and gas production industry, has seen mixed financial results in recent months. While the company's stock performance has shown marginal improvement, its revenue and profitability have taken a significant hit. The decline in revenues, reduced earnings per share, and unfavorable margins have raised concerns about the company's future prospects.
Factors Affecting Financial Performance:
1. Declining Revenue and Earnings:
The most recent fiscal period witnessed a sharp decline in revenue by approximately 26.018%. This downturn had a severe impact on the company's income, which plummeted by 72.2%. Comparing the current revenue of $814.59 million to the previous year's $1.10 billion highlights the challenging market conditions for Murphy Oil Corporation.






 

Qep Resources Inc's Segments
 
Energy
 Segment     of total Revenue
Marketing & other
 Segment     of total Revenue
Natural gas
 Segment     of total Revenue
NGL
 Segment     of total Revenue
Oil
 Segment     of total Revenue
 
• View Complete Report

Qep Resources Inc's Operating Statistics Decrease / Increase
       
Natural gas production volumes (Bcf)   Natural gas production volumes (Bcf) Decline   
Oil production (MBbls)   Oil production (MBbls) Decline   
Total production (Bcfe)   Total production (Bcfe) Decline   
Average daily production (Mmcfe)   Average daily production (Mmcfe) Decline   
Average realized natural gas price ($ / mcf)   Average realized natural gas price ($ / mcf) Decline   
Average realized Crude oil price ($ / bbl)   Average realized Crude oil price ($ / bbl) Decline   
Field Services NGL sales (MMgal)     
Field Services NGL sales price ($ per gal)     
Natural gas processing (millions of MMBtu)   Natural gas processing (millions of MMBtu) Decline   
Natural gas processing ($ per MMBtu)   Natural gas processing ($ per MMBtu) Decline   
Natural gas gathering volumes (millions of MMBtu)   Natural gas gathering volumes (millions of MMBtu) Decline   
Natural gas gathering revenue ($ per MMBtu)   Natural gas gathering revenue ($ per MMBtu) Decline   
Marketing gas & oil marketing volumes (MMdthe)     
Natural gas liquids production (MBbls)   Natural gas liquids production (MBbls) Decline   
Average realized NGL price ($ / bbl)   Average realized NGL price ($ / bbl) Decline   




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