| 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 QEP shares outstanding history coverage, used to compute QEP market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing QEP market cap history over the course of time is important for investors
interested in comparing QEP's market cap history versus its peers.
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,
and then calculating their respective market caps. Comparing the share price of QEP versus a peer is one thing; comparing
QEP market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like QEP can fluctuate over the course of history.
With this page we aim to empower investors researching QEP by allowing them to research the QEP market cap history.