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QEP Resources (QEP Resources) Pre-Tax Income : $-76.7 Mil (TTM As of Dec. 2020)


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What is QEP Resources Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. QEP Resources's pretax income for the three months ended in Dec. 2020 was $-168.0 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2020 was $-76.7 Mil. QEP Resources's pretax margin was -83.92%.

During the past 13 years, QEP Resources's highest Pretax Margin was 13.45%. The lowest was -141.83%. And the median was -11.11%.


QEP Resources Pre-Tax Income Historical Data

The historical data trend for QEP Resources's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

QEP Resources Pre-Tax Income Chart

QEP Resources Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,953.20 -42.90 -1,329.00 -140.30 -76.70

QEP Resources Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -97.70 433.70 -238.00 -104.40 -168.00

Competitive Comparison of QEP Resources's Pre-Tax Income

For the Oil & Gas E&P subindustry, QEP Resources's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


QEP Resources's Pre-Tax Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, QEP Resources's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where QEP Resources's Pre-Tax Income falls into.



QEP Resources Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

QEP Resources's Pretax Income for the fiscal year that ended in Dec. 2020 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-215.2+242.4+-113.7+9.8+-2.8421709430404E-14
=-76.7

QEP Resources's Pretax Income for the quarter that ended in Dec. 2020 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-46.9+-99.3+-23.9+2.1+0
=-168.0

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-76.7 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


QEP Resources  (NYSE:QEP) Pre-Tax Income Explanation

QEP Resources's Pretax Margin for the quarter that ended in Dec. 2020 is calculated as

Pretax Margin=Pretax Income/Revenue
=-168/200.2
=-83.92%

During the past 13 years, QEP Resources's highest Pretax Margin was 13.45%. The lowest was -141.83%. And the median was -11.11%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


QEP Resources Pre-Tax Income Related Terms

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QEP Resources (QEP Resources) Business Description

Traded in Other Exchanges
N/A
Address
1050 17th Street, Suite 800, Denver, CO, USA, 80265
QEP Resources Inc. is a crude oil and natural gas exploration and production company that focuses on resources in the United States. QEP's reserves are located in two main areas: the Southern Region, primarily Texas; and the Northern Region, primarily North Dakota. The company sells its oil, condensate, and natural gas liquid (NGL) production to gas-marketing firms, crude-oil refiners, midstream service providers, and other companies. QEP also sells gas volumes to industrial users, utility companies, wholesale marketers, and local distributors.
Executives
Joseph T Redman officer: VP Energy QEP RESOURCES, INC., 1050 17TH STREET SUITE 800 DENVER CO 80265
William J Buese officer: VP, CFO & Treasurer 3001 QUAIL SPRINGS PKWY, OKLAHOMA CITY OK 73134
Alice B Ley officer: VP, Controller & CAO 1050 17TH STREET SUITE 800 DENVER CO 80265
Christopher K Woosley officer: EVP, General Counsel & CS 1050 17TH STREET SUITE 800 DENVER CO 80265
Myles W Scoggins director 1722 ILLINOIS STREET, GOLDEN CO 80401
Julie Dill director 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Michael J Minarovic director QEP RESOURCES, INC. 1050 17TH STREET, SUITE 800 DENVER CO 80265
Mary Shafer-malicki director 757 N. ELDRIDGE PARKWAY, HOUSTON TX 77079
Robert Heinemann director
Barth E Whitham director INTREPID POTASH, INC., 1001 17TH STREET, SUITE 1050, DENVER CO 80202
David A Trice director C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719
Timothy J. Cutt director, officer: President & CEO 3001 QUAIL SPRINGS PKWY, OKLAHOMA CITY OK 73134
Joseph N Jaggers director
Richard J Doleshek officer: EVP, CFO 1050 17TH STREET, SUITE 800 DENVER CO 80265
Jeffery R Tommerup officer: SVP - Production & HSE 1050 17TH STREET SUITE 800 DENVER CO 80265