On March 1, 2018, QEP Resources, Inc. (the "Company") announced that Margo D. Fiala, Vice President, Human Resources, would be leaving the Company effective March 30, 2018. Ms. Fiala will receive a severance package and pro rata retention bonus to the terms of the Company’s recently announced executive retention and severance compensation program.

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.