QEP - Dividend announcements

NEW YORK, March 9, 2021 /PRNewswire/ -- Glazer Capital, LLC, a manager of investment funds and separate accounts that collectively beneficially own over 13,800,000 shares, or approximately 5.7% of the outstanding shares, of QEP Resources, Inc. (NYSE: QEP) ("QEP") common stock, issued an open letter today to fellow shareholders of QEP detailing its rationale for rejecting the proposed acquisition of QEP by Diamondback Energy, Inc. (Nasdaq: FANG) ("Diamondback") at the special meeting of QEP stockholders scheduled to be held on March 16, 2021 (the "Special Meeting"). (PRNewsfoto/Glazer Capital, LLC) The letter states, in part: "If QEP shareholders were to support

DENVER, Feb. 24, 2021 (GLOBE NEWSWIRE) -- QEP Resources, Inc. (NYSE: QEP) (QEP or the Company) today reported fourth quarter and full year 2020 financial and operating results. FULL YEAR 2020 HIGHLIGHTS Lowered 2020 average drilling and completion costs to $411 per lateral foot in the Permian BasinReduced General & Administrative expense by approximately 40% compared to 2019Generated $673.2 million of Net Cash Provided from Operating ActivitiesDelivered $225.4 million of Free Cash Flow (a non-GAAP measure)Retired $430.5 million of principal outstanding debt and ended the year with a $60.4 million cash balanceEntered into a definitive merger agreement to be acquired by Diamondback Energy