QEP Resources, Inc.
-
Hedge Fund JANA Partners’ Top Stock Picks
By Meena Krishnamsetty - March 5, 2013 | Tickers: AGU, CCE, CPRT, LINTA, QEP
We have been going through 13F filings from hedge funds and other notable investors in pursuit of profitable investment strategies and how to apply them. For example, we have found that the most popular small cap stocks among hedge funds produce an excess return of 18 percentage points per year (read more about our small cap strategy). It can also be useful to see what individual hedge fund managers’ top more »
-
2013 Budget, Stellar Efficiency - One Oil & Gas Pick to Watch Closely
By Jordo Bivona - January 9, 2013 | Tickers: CLR, EOG, KOG, PSX, QEP
Kodiak Oil & Gas (NYSE: KOG) announced a $775 million 2013 capital expenditure budget allocated to the Williston Basin oil and gas properties.
Budget Breakdown
The 2013 budget compares to Kodiak's final 2012 budget of $750 million. $600 million of the budget has been allocated to the drilling and completion of 75 gross (61 net) operated wells, $140 million to non-operated drilling and completion activities for 14 net wells, and more »
-
SCOOP Play Catches Investors Attention
By Eric Fox - October 15, 2012 | Tickers: XEC, CLR, DVN, MRO, QEP
Continental Resources (NYSE: CLR) is bullish on the Woodford Shale in a new area in Oklahoma and plans extensive development of this oil and liquids formation through 2017. The program is a key part of the company’s plan to triple oil and gas production and proved reserves over the next five years.
Five Year Growth Plan
Continental Resources held an analyst day on October 2012 and unveiled a five more »
-
Things Are Taking Shape for This Bakken Player
By Kirk Spano - October 5, 2012 | Tickers: KOG, QEP, TPLM
While everybody loves a big story, sometimes the best stories come in small packages. One of these stories is starting to play out in the Williston Basin of North Dakota. Small Bakken player Triangle Petroleum (NYSEMKT: TPLM) on Monday announced that it has entered into a joint venture with First Reserve to form a limited partnership called Caliber Midstream Partners which will build pipelines and infrastructure to transport oil and more »
-
Why is Steven Cohen Buying This Natural Gas Producer?
By Meena Krishnamsetty - September 25, 2012 | Tickers: BBG, QEP, STR, SGY
In a 13G filing last week, SAC Capital announced it had increased its stake in Bill Barrett Corporation (NYSE: BBG) to 2,659,491 shares, a 5.5% ownership in the company. The company is an explorer and producer of natural gas in nine basins in the U.S. Rocky Mountains.
During 1Q 2012, Steven Cohen of SAC Capital owned less than 1 million shares after upping his 4Q 2011 more »
-
What SM Energy said at the Barclays CEO Energy Conference
By Eric Fox - September 13, 2012 | Tickers: EPD, FST, NFX, QEP, SM
SM Energy (NYSE: SM) highlighted the company’s continued focus on the development of its Eagle Ford Shale position and reiterated a commitment to maintaining a strong balance sheet in the midst of rapid growth for the company. These and other comments on the company’s strategy were made at the Barclays CEO Energy Power conference held last week in New York City.
Overview
SM Energy is an exploration and more »
-
What We Learned about the Haynesville Shale During Earnings Season
By Eric Fox - August 22, 2012 | Tickers: CRK, XCO, PXP, QEP
The Haynesville Shale is down but not out as a number of exploration and production companies continued development here or disclosed other information regarding the play during the second quarter of 2012.
Falling Rig Count
The Haynesville Shale rig count fell to a new low of 24 rigs in the week ending Aug. 10, as operators continued to shift development from this dry gas play to ones that produce oil more »
-
Exploring Opportunities In The Oil Fields
By Chad Henage - March 16, 2012 | Tickers: DNR, NBL, QEP
Given the increase in oil prices over the last few years, you would expect there to be a lot of bullishness around oil exploration companies. This only makes sense, as higher oil prices drive more exploration and in theory, more profits. I've recently identified, three smaller oil exploration companies that look attractive. However, since most investors will pick one company to represent an industry, I wanted to see which company looks the best. Let's compare our three contenders, and see who comes out the winner.
-
Iran and the Strait of Hormuz - War Games raise the stakes on Oil
By Damon Judd - January 6, 2012 | Tickers: DNR, OXY, QEP
War games in the Strait of Hormuz are underway.
US Navy aircraft carriers intend to ignore Iran's order to stay out of the Gulf. Iran says it would be easy to close the Strait of Hormuz.
Army chief Ataollah Salehi said the United States had moved an aircraft carrier out of the Gulf because of Iran's naval exercises, and Iran would take action if the ship returned.
"Iran more »