QEP News and Press, QEP Resources Inc. From 10/24/18

QEP Resources (NYSE: QEP ) -1.7% pre-market after Wells Fargo downgrades shares to Market Perform from Outperform with a $14 price target, cut from $18, citing mixed results in the company's efforts to divest non-core assets in Williston and Haynesville basin regions along with dela...

Oil producers in the Permian Basin reportedly have begun selling a new stream of light crude - WTI Light - as growing production from the prolific play gives rise to an increasing variety of crudes. More news on: Enterprise Products Partners L.P, Magellan Midstream Partners, L.P., Plains...

This article will be the final one in the series on E&P companies as far as mid-year results go. If readers have not previously read my 4 prior articles, see: Bottom of the Barrel Club #18-4; Bottom of the Barrel Club Ex-Chapter 11 #18-5; Middle of the Road Club (Non-Permian) #...

Breakout Forecast Selections for Week 42: The momentum gauge conditions have declined significantly over the past several weeks since Week 39. These declines have signaled very profitable hedge positions in VelocityShares Daily 2x VIX Short-Term ETN ( TVIX ) and BMO REX MicroSectors FANG+ ...

I remember when I was a young child in West Texas, going hunting with my grandpappy on our family’s gigantic ranch. I used to enjoy those times, even though he wouldn’t let me shoot his shotgun until I was much older. My most memorable experience from those hunts was the day we w...

Breakout Forecast Selections for Week 41: Week 40 was skipped as I was out of town presenting financial methodologies to graduate and undergraduate finance students at Penn State University. Market conditions have declined significantly since Week 39, with steady declines through the past ...

EPIC Midstream's plan to temporarily convert its natural gas pipeline to carry crude oil may not totally cure pipeline bottlenecks in the Permian Basin but “ it will come close ,” says RBC Capital analyst Brad Heffern, adding that the start of Plains All American Pipeline's (...

Crude oil output from the Permian Basin in 2019 will total 200K bbl/day less than it could have been because of transport constraints - full pipelines, not getting enough oil on railroads, not enough workers, difficulty sourcing sand and water - Wood Mackenzie estimates, saying the prolifi...

I know what you're all thinking. "What is this Club, and how come I've never heard of it before?" Or, "I want to join; how do I become a member?" Or maybe even," I'd never want to join a Club that would have me as a member." Actually, the Club doesn't have individual members, and in reality,...

Crude oil pipeline constraints in the Permian Basin may end sooner than expected and prices less affected than previously believed, according to a new analysis from Raymond James. More news on: Plains All American Pipeline, L.P., EOG Resources, Inc., Laredo Petroleum Holdings, Inc., Ener...