Current QEP Stock Info

By Tyler Losier, Energy Reporter, Oil & Gas 360

QEP Resources and Elliot Management will work together to appoint two new independent directors
QEP Resources, Inc. (stock ticker: QEP), a Denver-based independent E&P, has entered into a cooperation agreement with affiliates of Elliot Management Corporation, which owns approximately 4.9% of QEP’s common stock.

Under the terms of the agreement, QEP and Elliot will work together to collaboratively appoint two new independent directors to the QEP board. Both nominees are expected to have a strong operating background in unconventional development, and are expected to be seated no later than October of this year.

An overview of QEP’s current asset portfolio (source: QEP Reso...

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