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Latest QEP Resources Inc. Stories

2014-07-01 16:24:03

DENVER, July 1, 2014 /PRNewswire/ -- QEP Midstream Partners, LP (NYSE:QEPM) (the "Partnership") today announced that it has acquired 40% of the outstanding membership interest in Green River Processing, LLC ("Green River Processing") for $230 million in cash from QEP Field Services Company, a wholly owned subsidiary of QEP Resources, Inc. (NYSE: QEP) ("QEP"). This transaction represents the Partnership's first acquisition following its initial public offering in August 2013. The...

2014-05-07 16:25:18

DENVER, May 7, 2014 /PRNewswire/ -- QEP Midstream Partners, LP (NYSE: QEPM) ("QEPM" or the "Partnership") today reported first quarter 2014 financial and operating results. The Partnership reported net income of $11.7 million, or $0.21 per limited partner unit (on a diluted basis). The Partnership generated Adjusted EBITDA (a non-GAAP measure) of $19.4 million and distributable cash flow (a non-GAAP measure) of $17.4 million for the first quarter 2014 which represents 118% coverage of the...

2014-05-07 16:25:14

DENVER, May 7, 2014 /PRNewswire/ -- QEP Midstream Partners, LP (NYSE: QEPM) (the "Partnership") today announced that it has entered into a Purchase and Sale Agreement to acquire 40% of the outstanding membership interest in Green River Processing, LLC ("Green River Processing") for $230 million in cash from QEP Field Services Company, a wholly owned subsidiary of QEP Resources, Inc. (NYSE: QEP) ("QEP"). This transaction represents the Partnership's first acquisition following its...


Word of the Day
glogg
  • Scandinavian punch made of claret and aquavit with spices and raisins and orange peel and sugar.
This word comes from the Swedish 'glogg,' which is an alteration of 'glodgat,' mulled (wine).
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