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QEP Resources (QEP Resources) Net Cash per Share : $-9.83 (As of Dec. 2020)


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What is QEP Resources Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). QEP Resources's Net Cash per Share for the quarter that ended in Dec. 2020 was $-9.83.

The historical rank and industry rank for QEP Resources's Net Cash per Share or its related term are showing as below:

QEP's Price-to-Net-Cash is not ranked *
in the Oil & Gas industry.
Industry Median: 5.28
* Ranked among companies with meaningful Price-to-Net-Cash only.

QEP Resources Net Cash per Share Historical Data

The historical data trend for QEP Resources's Net Cash per Share 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 Net Cash per Share Chart

QEP Resources Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.77 -14.92 -14.22 -11.15 -9.83

QEP Resources Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Net Cash per Share 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 -11.15 -11.56 -11.04 -10.03 -9.83

Competitive Comparison of QEP Resources's Net Cash per Share

For the Oil & Gas E&P subindustry, QEP Resources's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, QEP Resources's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where QEP Resources's Price-to-Net-Cash falls into.



QEP Resources Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

QEP Resources's Net Cash per Share for the fiscal year that ended in Dec. 2020 is calculated as

Net Cash per Share (A: Dec. 2020 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(60.4-2444-0)/242.6
=-9.83

QEP Resources's Net Cash per Share for the quarter that ended in Dec. 2020 is calculated as

Net Cash per Share (Q: Dec. 2020 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(60.4-2444-0)/242.6
=-9.83

* 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) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


QEP Resources Net Cash per Share Related Terms

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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