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QEP Resources (QEP Resources) Market Cap : $989.7 Mil (As of May. 06, 2024)


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What is QEP Resources Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). QEP Resources's share price for the quarter that ended in Dec. 2020 was $2.39. QEP Resources's Shares Outstanding (EOP) for the quarter that ended in Dec. 2020 was 242.6 Mil. Therefore, QEP Resources's market cap for the quarter that ended in Dec. 2020 was $579.8 Mil.

QEP Resources's quarterly market cap declined from Jun. 2020 ($312.6 Mil) to Sep. 2020 ($218.7 Mil) but then increased from Sep. 2020 ($218.7 Mil) to Dec. 2020 ($579.8 Mil).

QEP Resources's annual market cap declined from Dec. 2018 ($1,332.6 Mil) to Dec. 2019 ($1,069.7 Mil) and declined from Dec. 2019 ($1,069.7 Mil) to Dec. 2020 ($579.8 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. QEP Resources's Enterprise Value for Today is $2,575.7 Mil.


QEP Resources Market Cap Historical Data

The historical data trend for QEP Resources's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

QEP Resources Market Cap Chart

QEP Resources Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,411.04 2,306.37 1,332.62 1,069.65 579.81

QEP Resources Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,069.65 81.01 312.60 218.68 579.81

Competitive Comparison of QEP Resources's Market Cap

For the Oil & Gas E&P subindustry, QEP Resources's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


QEP Resources's Market Cap Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, QEP Resources's Market Cap distribution charts can be found below:

* The bar in red indicates where QEP Resources's Market Cap falls into.



QEP Resources Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

QEP Resources's Market Cap for the fiscal year that ended in Dec. 2020 is calculated as

Market Cap (A: Dec. 2020 )=Share Price (A: Dec. 2020 )*Shares Outstanding (EOP) (A: Dec. 2020 )
=$2.39*242.6
=$579.8

QEP Resources's Market Cap for the quarter that ended in Dec. 2020 is calculated as

Market Cap (Q: Dec. 2020 )=Share Price (Q: Dec. 2020 )*Shares Outstanding (EOP) (Q: Dec. 2020 )
=$2.39*242.6
=$579.8

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


QEP Resources  (NYSE:QEP) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


QEP Resources Market Cap Related Terms

Thank you for viewing the detailed overview of QEP Resources's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


QEP Resources (QEP Resources) Business Description

Traded in Other Exchanges
N/A
Address
1050 17th Street, Suite 800, Denver, CO, USA, 80265
QEP Resources Inc. is a crude oil and natural gas exploration and production company that focuses on resources in the United States. QEP's reserves are located in two main areas: the Southern Region, primarily Texas; and the Northern Region, primarily North Dakota. The company sells its oil, condensate, and natural gas liquid (NGL) production to gas-marketing firms, crude-oil refiners, midstream service providers, and other companies. QEP also sells gas volumes to industrial users, utility companies, wholesale marketers, and local distributors.
Executives
Joseph T Redman officer: VP Energy QEP RESOURCES, INC., 1050 17TH STREET SUITE 800 DENVER CO 80265
William J Buese officer: VP, CFO & Treasurer 3001 QUAIL SPRINGS PKWY, OKLAHOMA CITY OK 73134
Alice B Ley officer: VP, Controller & CAO 1050 17TH STREET SUITE 800 DENVER CO 80265
Christopher K Woosley officer: EVP, General Counsel & CS 1050 17TH STREET SUITE 800 DENVER CO 80265
Myles W Scoggins director 1722 ILLINOIS STREET, GOLDEN CO 80401
Julie Dill director 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Michael J Minarovic director QEP RESOURCES, INC. 1050 17TH STREET, SUITE 800 DENVER CO 80265
Mary Shafer-malicki director 757 N. ELDRIDGE PARKWAY, HOUSTON TX 77079
Robert Heinemann director
Barth E Whitham director INTREPID POTASH, INC., 1001 17TH STREET, SUITE 1050, DENVER CO 80202
David A Trice director C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719
Timothy J. Cutt director, officer: President & CEO 3001 QUAIL SPRINGS PKWY, OKLAHOMA CITY OK 73134
Joseph N Jaggers director
Richard J Doleshek officer: EVP, CFO 1050 17TH STREET, SUITE 800 DENVER CO 80265
Jeffery R Tommerup officer: SVP - Production & HSE 1050 17TH STREET SUITE 800 DENVER CO 80265

QEP Resources (QEP Resources) Headlines

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