QEP RESOURCES, INC. (NYSE:QEP) Files An 8-K Results of Operations and Financial ConditionItem 2.02 Results of Operations and Financial Condition
On July26, 2017, QEP Resources, Inc. (the “Registrant”) issued a press release to report financial and operating results for the period ended June30, 2017, and to provide an update to 2017 guidance. A copy of the Registrant's release is attached hereto as Exhibit 99.1, and the information contained therein is incorporated herein by reference.
The Registrant's press release announcing its financial results for the period ended June30, 2017, includes non-GAAP financial measures. Generally, a non-GAAP financial measure is a numerical measure of a company's financial and operating performance that either excludes or includes amounts that are not normally excluded or included in the most directly comparable measure calculated and presented in accordance with United States generally accepted accounting principles, or GAAP. to the requirements of RegulationG and Item 10(e)(1)(i) of Regulation S-K, the Registrant has provided quantitative reconciliations within the press release of the non-GAAP financial measures to the most directly comparable GAAP financial measures (unless there is no directly comparable GAAP financial measure).
The information contained in Item 2.02 to this Form 8-K, including the exhibit, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and the information shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.
Section 9 – Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
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Exhibit No. |
Exhibit |
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99.1 |
Press release issued July 26, 2017, by QEP Resources, Inc. |
QEP RESOURCES, INC. ExhibitEX-99.1 2 qep-20170630xex991q22017qe.htm EXHIBIT 99.1 Exhibit QEP RESOURCES REPORTS SECOND QUARTER 2017 FINANCIAL AND OPERATING RESULTS; ANNOUNCES ACQUISITION OF PROPERTIES IN THE CORE OF THE MIDLAND BASIN DENVER — July 26,…To view the full exhibit click here
About QEP RESOURCES, INC. (NYSE:QEP)
QEP Resources, Inc. (QEP) is a holding company with two subsidiaries, QEP Energy Company and QEP Marketing Company, which are engaged in two primary lines of business: oil and gas exploration and production (QEP Energy), and oil and gas marketing, operation of a gas gathering system and an underground gas storage facility, and corporate activities (QEP Marketing and Other). The Company operates through QEP Energy segment. QEP Energy Company conducts exploration and production (E&P) activities in several of North America’s hydrocarbon resource plays. The Company’s operations are focused in two geographic regions: the Northern Region (primarily in Wyoming, North Dakota and Utah) and the Southern Region (primarily in Texas and Louisiana) of the United States. The Company’s properties in its Northern Region include Pinedale, Williston Basin, Uinta Basin and Other Northern properties. Its Southern Region includes various properties, such as Permian Basin and Midcontinent operations. QEP RESOURCES, INC. (NYSE:QEP) Recent Trading Information
QEP RESOURCES, INC. (NYSE:QEP) closed its last trading session up +0.07 at 9.27 with 8,560,449 shares trading hands.
