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On the Record · QEP Resources

QEP Resources acquisitions, on the record

The businesses QEP Resources bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Williston Basin assets
Word for word“In November 2018, the Company's wholly owned subsidiary, QEP Energy Company, entered into a purchase and sale agreement for its assets in the Williston Basin for a purchase price of $1,725.0 million , subject to purchase price adjustments (Planned Williston Basin Divestiture).” 10-K for 2018
agreed divestiture—$1,725.0 million
Uinta Basin assets
Word for word“In September 2018, QEP divested substantially all of its natural gas and oil producing properties, undeveloped acreage and related assets located in the Uinta Basin for net cash proceeds of $153.0 million , subject to post-closing purchase price adjustments.” 10-K for 2018
divestitureSeptember 2018$153.0 million
Haynesville/Cotton Valley assets and gathering system
Word for word“In January 2019, QEP closed its previously announced divestiture of its oil and gas assets and gathering system in the Haynesville/Cotton Valley for net cash proceeds of $605.1 million , subject to post-closing purchase price adjustments (Haynesville Divestiture).” 10-K for 2018
divestitureJanuary 2019$605.1 million
Haynesville/Cotton Valley assets
Word for word“Closed on the sale of its assets in Haynesville/Cotton Valley for net cash proceeds of $633.9 million ;” 10-K for 2019
divestiture—net cash proceeds of $633.9 million
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedGoodwill from acquisitions
2016-12-31$3.7 million
2017-12-31$5.3 million

Deal filings since 2016

Read from QEP Resources’s annual reports (10-K for 2020, 10-K for 2019, 10-K for 2018) and the financial data it files with the SEC, as of 2021-02-24. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.