QEP Resources (STU:Q8Q) Net Developed Acreage # : 0.00 (As of . 20)

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What is QEP Resources Net Developed Acreage #?

Net Developed Acreage # reflects the number of acres which are allocated or assignable to producing wells or wells capable of production.

The historical rank and industry rank for QEP Resources's Net Developed Acreage # or its related term are showing as below:

STU:Q8Q's Net Developed Acreage # is not ranked ^*
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Net Developed Acreage # only.

QEP Resources Net Developed Acreage # Historical Data

The historical data trend for QEP Resources's Net Developed Acreage # 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.

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QEP Resources Net Developed Acreage # Chart

QEP Resources (STU:Q8Q) Net Developed Acreage # Explanation

Net Developed Acreage # is the amount of leased real estate that a petroleum and/or natural gas company holds, pertaining to a company's true working interest. If a company holds the entire working interest for a particular project, its net acreage and gross acreage will be the same.

Net acres can be construed as a measure of a company's potential for revenue, and increases or decreases in the figure are indicators of expansion or contraction. It can be calculated on a per project basis by multiplying the gross acres with the percentage of ownership.

QEP Resources Net Developed Acreage # Related Terms

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QEP Resources (STU:Q8Q) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » QEP Resources Inc (STU:Q8Q) » Definitions » Net Developed Acreage #

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.

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