QEP Resources is an independent crude oil and natural gas exploration and production company with operations in two regions of the United States: the Southern Region (primarily in Texas) and the Northern Region (primarily in North Dakota). Co. has an inventory of developed and identified undeveloped drilling locations in the Permian Basin in western Texas and the Williston Basin in North Dakota. Co. sells oil and condensate and natural gas liquids volumes to refiners, marketers, midstream service providers and other companies. In addition, Co. sells gas volumes to wholesale marketers, industrial users, local distribution companies, midstream service providers and utility companies. We show 43 historical shares outstanding datapoints in our coverage of QEP's shares outstanding history.
Understanding the changing numbers of QEP shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like QEP versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching QEP by allowing them to research QEP shares outstanding history
as well as any other stock in our coverage universe. |