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Believes Voting for Transaction is in Best Interests of QEP Shareholders THRC Holdings L.P. (“THRC”), a QEP Resources (NYSE: QEP) shareholder owning 5.84% of total shares outstanding, today issued the following statement announcing its public support of the pen...
DENVER, March 11, 2021 (GLOBE NEWSWIRE) -- QEP Resources, Inc. (NYSE: QEP) (QEP or the Company) today announced that Institutional Shareholder Services (ISS) has reaffirmed its previous recommendation of support for the proposed acquisition of QEP by Diamondback Energy, Inc. (Nasdaq: F...
QEP Resources ([[QEP]] +6.2%) spikes as much as 17% after shareholder Glazer Capital confirmed it voted against Diamondback Energy's ([[FANG]] +4.5%) proposed takeover of the company.The current terms of the Diamondback deal "shortchange QEP shareholders due to the dramatic rise in valuations...
Glazer Capital Announces it has Voted AGAINST the Proposed Acquisition of QEP by Diamondback Maintains its View That Merger Consideration Offered by Diamondback Continues to be Materially Inadequate Strongly Urges QEP Shareholders Vote AGAINST the Acquisition of QEP by Diamo...
QEP's value as a standalone company would appear to be more than the value of 0.05 Diamondback shares in a long-term $55 WTI oil environment. With that oil price, QEP's leverage would be acceptable (under 2.0x) as well. There is less risk for QEP shareholders with a completed acqu...
Glazer Capital Issues Open Letter to Shareholders of QEP Resources; Strongly Urges Vote Against the Acquisition of QEP by Diamondback - Merger Consideration Offered by Diamondback is Materially Inadequate - Standalone Valuation for QEP Shares is Far in Excess of the Merger C...
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Should You Start Buying Penny Stocks Right Now? There’s a sea of red this week that includes penny stocks and higher-priced names alike. Is this it? Have we officially reached the top? Are we going into a bear market? Why is the stock market down today? I get it; all of t...
QEP Resources (QEP): Q4 Non-GAAP EPS of -$0.04 misses by $0.10; GAAP EPS of -$0.54 misses by $0.60.Revenue of $200.2M (-37.8% Y/Y) misses by $32.05M.Shares -0.8% AH.Press Release For further details see: QEP Resources EPS misses by $0.10, misses on revenue
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Vericel Set to Join S&P SmallCap 600 Vericel Set to Join S&P SmallCap 600 PR Newswire NEW YORK , March 17, 2021 /PRNewswire/ -- Vericel Corp. (NASD:VCEL) will replace QEP Resources Inc. (NYSE:QEP) in the S&P SmallCap 600 effective prior to th...
MIDLAND, Texas, March 17, 2021 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced that it has completed its previously announced acquisition of QEP Resources, Inc. (NYSE: QEP) (“QEP”) in an a...
DENVER, March 12, 2021 (GLOBE NEWSWIRE) -- QEP Resources, Inc. (NYSE: QEP) (QEP or the Company) today issued the following statement in response to Glass Lewis & Co.’s (Glass Lewis) decision to reaffirm its previous recommendation of support for the pending acquisition of QE...