QEP Resources (QEP Resources) COGS-to-Revenue : 1.02 (As of Dec. 2020)

View and export this data going back to 2010. Start your Free Trial

What is QEP Resources COGS-to-Revenue?

QEP Resources's Cost of Goods Sold for the three months ended in Dec. 2020 was $204.5 Mil. Its Revenue for the three months ended in Dec. 2020 was $200.2 Mil.

QEP Resources's COGS to Revenue for the three months ended in Dec. 2020 was 1.02.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. QEP Resources's Gross Margin % for the three months ended in Dec. 2020 was -2.15%.

QEP Resources COGS-to-Revenue Historical Data

The historical data trend for QEP Resources's COGS-to-Revenue 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 COGS-to-Revenue Chart

QEP Resources Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

COGS-to-Revenue

Get a 7-Day Free Trial

0.94

0.76

0.68

0.70

1.09

QEP Resources Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
COGS-to-Revenue	Get a 7-Day Free Trial															0.72	0.92	1.61	1.05	1.02

QEP Resources COGS-to-Revenue Calculation

QEP Resources's COGS to Revenue for the fiscal year that ended in Dec. 2020 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	793	/	724.4
	=	1.09

QEP Resources's COGS to Revenue for the quarter that ended in Dec. 2020 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	204.5	/	200.2
	=	1.02

QEP Resources (NYSE:QEP) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

QEP Resources's Gross Margin % for the three months ended in Dec. 2020 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	204.5 / 200.2
	=	-2.15 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

QEP Resources COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of QEP Resources's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

QEP Resources (QEP Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » QEP Resources Inc (NYSE:QEP) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

1050 17th Street, Suite 800, Denver, CO, USA, 80265

Website

http://www.qepres.com

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