QEP Resources, Inc. Declares Quarterly Cash Dividend
DENVER, Oct. 26, 2015 (GLOBE NEWSWIRE) -- QEP Resources, Inc. (NYSE:QEP), a leading independent natural gas and crude oil exploration and production company, today announced that its Board of Directors approved a quarterly cash dividend of $0.02 per share of common stock, payable on December 7, 2015, to shareholders of record on November 17, 2015.
About QEP Resources
QEP Resources, Inc. (NYSE:QEP) is a leading independent natural gas and crude oil exploration and production company focused in two major regions: the Northern Region (primarily the Rockies and the Williston Basin) and the Southern Region (primarily Texas and Louisiana) of the United States. For more information, visit QEP Resources' website at: www.qepres.com.
QEP Resources, Inc. William Kent Director, Investor Relations 303-405-6665
Hedging programs that E&Ps have in place in 2016 vary considerably. The chart below shows the range of oil and gas production for several E&Ps covered by hedging contracts. Pioneer Natural Resources (ticker: PXD) and Cimarex Energy (ticker: XEC) have hedged the largest portions of their remaining production at 85/75 and 80/90 percent, respectively, for oil and gas. This chart[Read More…]
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