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Enter Symbol:
QEP Resources, Inc. (QEP) [hlAlert]

down 56.76 %

QEP Resources, Inc. (QEP) upgraded to Outperform by Raymond James

Posted on: Monday,  Apr 8, 2013  9:25 AM ET by Raymond James

Raymond James rated Outperform QEP Resources, Inc. (NYSE: QEP) on 04/08/2013, when the stock price was $30.09. Since
then, QEP Resources, Inc. has lost 56.76% as of 11/19/2015's recent price of $13.01.
If you would have followed this Raymond James's recommendation on QEP, you would have lost 56.76% of your investment in 955 days.

QEP Resources, Inc. (QEP), formerly Questar Market Resources, Inc., is an independent natural gas and oil exploration and production company. QEP is a holding company with three lines of business: gas and oil exploration and production, midstream field services, and energy marketing, which are conducted through three principal subsidiaries. The Company?s subsidiaries acquires, explores for, develops and produces natural gas, oil, and natural gas liquids (NGL);provides midstream field services, including natural gas gathering, processing and treating services for affiliates and third parties, and markets equity and third-party natural gas and oil, provides risk-management services, and owns and operates an underground gas-storage reservoir. On June 30, 2010, Questar Corporation completed the spin-off of QEP Resources, Inc. Effective May 18, 2010, Questar Market Resources, Inc., (Market Resources) merged with and into a newly-formed, wholly-owned subsidiary, QEP.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/8/2013 9:25 AM Buy
as of 12/13/2013
1 Week down  -2.35 %
1 Month down  -5.59 %
3 Months up  9.13 %
1 YTD up  1.99 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/31/2012 8:25 AM Hold

(*) Stock Price at the time of the recommendation.
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