QEP

QEP Resources (QEP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

DENVER, Oct. 14, 2020 (GLOBE NEWSWIRE) -- QEP Resources, Inc. (NYSE: QEP) announced today that it will host a teleconference and webcast to discuss its third quarter 2020 results beginning at 9:00 a.m. ET (7:00 a.m. MT) on Thursday, October 29, 2020. QEP will issue a news release containing third quarter 2020 financial and operational results on Wednesday, October 28, 2020, after market close. The conference call can be heard live through a link on the QEP website, www.qepres.com. In addition, you may participate in the conference call by dialing (877) 869-3847 domestically or (201) 689-8261 internationally. Attendees should log in to the webcast or dial in approximately 15 minutes prior to the call’s start time. A replay of the conference call will be available on the QEP website and a telephone audio replay will be available from October 29, 2020 to November 29, 2020, by calling (877) 660-6853 domestically or (201) 612-7415 internationally and then entering conference ID 13711861.About QEP ResourcesQEP Resources, Inc. (NYSE:QEP) is an independent crude oil and natural gas exploration and production company with operations in two regions of the United States: the Northern Region (primarily North Dakota) and the Southern Region (primarily Texas).For more information, visit QEP’s website at: www.qepres.com .ContactQEP Resources, Inc. William I. Kent, IRC Director, Investor Relations (303) 405-6665

At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). We reversed our stance on March 25th after seeing unprecedented fiscal and monetary stimulus unleashed by the Fed and the Congress. […]

This article depicts the worst performing group of S&P Smallcap 600 stocks during the rebound for markets in the third quarter of 2020. The S&P Smallcap 600 Index (+3.2%) lagged the S&P 500 (+8.9%) in the third quarter, and the tail of the return distribution lagged further still. Energy was the sector most over-represented on the laggards list with continued low energy prices presenting an existential threat to small cap players. By reviewing the tails of the return distribution, I believe we can glean insights that can inform future portfolio positioning.

This article depicts the worst performing group of S&P Smallcap 600 stocks during the rebound for markets in the third quarter of 2020.The S&P Smallcap 600 Index (+3.2%) lagged the S&P 500 (+8.9%) in the third quarter, and the tail of the return distribution lagged further still.Energy was the sector most over-represented on the laggards list with continued low energy prices presenting an existential threat to small cap players.By reviewing the tails of the return distribution, I believe we can glean insights that can inform future portfolio positioning.

Penn Virginia is a small company operating in a very oil-rich area of the Eagle Ford shale.The company's production is almost entirely oil, which could prove to be a weakness in today's environment.The company is still able to produce profitably even today.It appears to be very well-managed and has a reasonable level of debt.The company is incredibly cheap, so could provide investors with an appealing opportunity.

QEP Resources has not been treated well in recent months, due in large part to the energy market's volatility.Leverage is a bit high, but the company is otherwise a solid play to consider long term.This year has been mixed, but the firm is holding up well given the circumstances and due to recent developments.

Deal flow has been slow this year. But there is reason to believe there will be more mergers and acquisitions in the months ahead.