Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  QEP Resources Inc    QEP

QEP RESOURCES INC (QEP)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

QEP Resources, Inc. : QEP Resources Announces Termination of Shareholder Rights Plan

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/14/2012 | 07:10pm CEST

DENVER, Feb. 14, 2012 /PRNewswire/ -- QEP Resources, Inc. (NYSE: QEP) announced today that its Board of Directors has approved an amendment to the Rights Agreement for its Shareholder Rights Plan to accelerate the final expiration date of the Rights to April 1, 2012. The Rights had been slated to expire on June 30, 2013. As a result of the amendment, as of the close of business on April 1, 2012, the Rights will no longer be outstanding and will not be exercisable, and the Rights Agreement will effectively terminate. Shareholders do not need to take any action as a result of this termination.

(Logo: http://photos.prnewswire.com/prnh/20101116/LA02638LOGO)

"Our board took this action in response to shareholder concerns about the Rights Plan," said Chuck Stanley, President and CEO. "Last year the board agreed that it would either put the Rights Plan to a vote at the 2012 Annual Meeting, or eliminate the Plan. After careful consideration, the board determined that terminating the Plan was appropriate at this time."

About QEP Resources, Inc.
QEP Resources is a leading independent natural gas and oil exploration and production company with operations focused in the Rocky Mountain and Midcontinent regions of the United States. QEP Resources also gathers, compresses, treats, processes, and stores natural gas.

For more information, visit the QEP Resources website at: www.qepres.com.

SOURCE QEP Resources, Inc.


© PRNewswire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on QEP RESOURCES INC
04/13QEP RESOURCES INC : Free Research Report as QEP's Quarterly Revenues Grew 7%; Tu..
AC
04/05QEP Resources Announces First Quarter 2018 Financial and Operational Results ..
GL
03/29QEP RESOURCES : $-0.13 EPS Expected for QEP Resources, Inc. (QEP)
AQ
03/28U.S. shale producer Concho offers $8 billion for rival RSP Permian
RE
03/07QEP RESOURCES, INC. (NYSE : QEP) Files An 8-K Departure of Directors or Certain ..
AQ
03/06QEP RESOURCES, INC. : Change in Directors or Principal Officers (form 8-K)
AQ
03/01QEP Resources Announces Participation in an Upcoming Investor Conference
GL
03/01QEP RESOURCES INC : QEP Resources, Inc. to Host Earnings Call
AC
02/28QEP RESOURCES : tops Street 4Q forecasts
AQ
02/28QEP RESOURCES, INC. : Results of Operations and Financial Condition, Financial S..
AQ
More news
News from SeekingAlpha
04/18Energy stocks on fire as crude oil extends rise to multi-year highs 
04/17CONSTRUCT YOUR OIL PORTFOLIO : The Trend Following Version 
04/15WEEK 16 BREAKOUT FORECAST : Short-Term Picks To Give You An Edge 
04/09HARTSTREET : Bakken Oil Production Improves 24% Year Over Year 
04/05Is The Global Oil Market Too Dependent On Prospective Growth In The Permian?