Current QEP Stock Info

Richard Doleshek, Executive Vice President and Chief Financial Officer of QEP Resources, Inc. (NYSE: QEP), presented today at EnerCom’s The Oil & Gas Conference 20®.

QEP Resources Inc. 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.

In its second quarter results for 2015, the company significantly reduced well costs in its core plays by increasing operating efficiencies and capturing lower service and supply costs. Quarterly oil production increased by 9% sequentially from the first quarter 2015.

During the company’s breakout session, management was asked the following questions:

  • What do you believe is the right development mix?
  • What do you think about acquisitions? How do you see the current market?
  • What about your own shares? How do you think they have performed?
  • What is the challenge for 2016 operations?
  • Could you prioritize your basket prices?
  • Could you talk more about the 400-foot spacing testing?
  • What’s the percentage of oil and gas line the company will hedge for 2016?
  • From a capital spending standpoint, the mix of 2015 still looks like that of 2014. Could you talk about continuing with the capital spending deployment mix and what the company will be more focused on?
  • Your Spraberry wells are much cheaper than your Wolfcamp wells. Why?
  • What you do for the wells organization for the Wolfcamp basin to make it differential from other?

Click here for the webcast.


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