11 Feb 2022substantial holder notice● Neutral
Sunil Jagwani, Millinvest, Ltd reported no remaining QEP RESOURCES, INC. shareholding in its periodic institutional filing.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
29 Mar 2021listing compliance notice▼ BadMajor
QEP RESOURCES, INC. terminated the registration of a class of securities, ending its reporting obligation for them.
18 Mar 2021substantial holder notice● Neutral
Glazer Capital, LLC, Paul J. Glazer disclosed a new substantial QEP RESOURCES, INC. shareholding (0.00% of votes).
17 Mar 2021director interest notice● Neutral
QEP RESOURCES, INC. director Julie Dill disposed of 200,597 shares via option/appreciation-right settlement.
17 Mar 2021director interest notice● Neutral
QEP RESOURCES, INC. VP, CFO & Treasurer William J Buese disposed of 815,243 shares via option/appreciation-right settlement.
17 Mar 2021director interest notice● Neutral
QEP RESOURCES, INC. President & CEO Timothy J. Cutt disposed of 2,570,569 shares via option/appreciation-right settlement.
17 Mar 2021listing compliance notice● NeutralMajor
QEP RESOURCES, INC.'s exchange filed to remove a class of its securities from listing.
17 Mar 2021director interest notice● Neutral
QEP RESOURCES, INC. EVP, General Counsel & CS Christopher K Woosley disposed of 1,144,303 shares via option/appreciation-right settlement.
17 Mar 2021director interest notice● Neutral
QEP RESOURCES, INC. director Barth E Whitham disposed of 113,891 shares via option/appreciation-right settlement.
17 Mar 2021director interest notice● Neutral
QEP RESOURCES, INC. director Mary Shafer-malicki disposed of 156,997 shares via option/appreciation-right settlement.
17 Mar 2021director interest notice● Neutral
QEP RESOURCES, INC. director Joseph N Jaggers disposed of 132,557 shares via option/appreciation-right settlement.
17 Mar 2021securities registration● Neutral
QEP RESOURCES, INC. amended its automatic shelf registration statement.
17 Mar 2021director interest notice● Neutral
QEP RESOURCES, INC. director Michael J Minarovic disposed of 215,133 shares via option/appreciation-right settlement.
17 Mar 2021business combination● NeutralMajor
The Diamondback merger closed on March 17, 2021: QEP is now a wholly owned Diamondback subsidiary, and each QEP share was converted into 0.050 Diamondback share. QEP stock options were cancelled without payment, and unvested restricted awards became Diamondback restricted shares or units. The Wells Fargo credit agreement was terminated, all QEP directors and officers left and were replaced by Diamondback executives, NYSE delisting was requested, and QEP intends to file Form 15 to end its SEC reporting. This resolves the merger thread.
17 Mar 2021director interest notice● Neutral
QEP RESOURCES, INC. VP, Controller & CAO Alice B Ley disposed of 336,286 shares via option/appreciation-right settlement.
17 Mar 2021director interest notice● Neutral
QEP RESOURCES, INC. director Phillips S Baker Jr. disposed of 236,743 shares via option/appreciation-right settlement.
17 Mar 2021director interest notice● Neutral
QEP RESOURCES, INC. VP Energy Joseph T Redman disposed of 765,042 shares via option/appreciation-right settlement.
5 Mar 2021business combination● Neutral
QEP reported nine shareholder lawsuits filed between Jan 25 and Feb 16, 2021 claiming the merger proxy statement and Diamondback's S-4 were incomplete or misleading, seeking injunctions and legal fees. QEP denies the claims but added extra disclosures (for example, 21 confidentiality agreements signed by potential bidders, and Evercore's valuation inputs including net debt of about $1.5 billion) solely to moot the suits.
2 Mar 2021director interest notice● Neutral
QEP RESOURCES, INC. director Phillips S Baker Jr. was credited 11,987 deferred share units under a company plan.
2 Mar 2021director interest notice● Neutral
QEP RESOURCES, INC. director Joseph N Jaggers acquired 11,987 shares at $3.65 under a company stock plan.
2 Mar 2021director interest notice● Neutral
QEP RESOURCES, INC. director Julie Dill acquired 11,987 shares at $3.65 under a company stock plan.
2 Mar 2021director interest notice● Neutral
QEP RESOURCES, INC. director Michael J Minarovic was credited 11,987 deferred share units under a company plan.
2 Mar 2021director interest notice● Neutral
QEP RESOURCES, INC. director Barth E Whitham was credited 11,987 deferred share units under a company plan.
2 Mar 2021director interest notice● Neutral
QEP RESOURCES, INC. director Mary Shafer-malicki was credited 14,727 deferred share units under a company plan.
24 Feb 2021quarterly activities report▼ Bad
QEP RESOURCES, INC. reported quarterly revenue of $200.2 million and a net loss of $130.6 million for the period ended 2020-12-31.
16 Feb 2021substantial holder notice● Neutral
Dan H. Wilks, Staci Wilks, THRC Holdings, LP, THRC Management, LLC, Wilks Brothers, LLC, Farris Wilks reported a QEP RESOURCES, INC. shareholding of 17,820,000 shares (7.36% of votes) in a periodic institutional filing.
12 Feb 2021substantial holder notice● Neutral
Dimensional Fund Advisors LP reported a QEP RESOURCES, INC. shareholding of 4,397,915 shares (1.80% of votes) in a periodic institutional filing.
11 Feb 2021substantial holder notice● Neutral
Barclays PLC, Barclays Bank PLC, Barclays Capital Inc., Barclays Capital Securities Ltd reported a QEP RESOURCES, INC. shareholding of 3,603,878 shares (1.48% of votes) in a periodic institutional filing.
10 Feb 2021business combination● NeutralMajor
QEP sent shareholders the final proxy statement for the Diamondback merger signed Dec 20, 2020: each QEP share would become 0.050 Diamondback share, worth about $3.22 per share on Feb 5, 2021 prices (a stated 39.4% premium to the Dec 18, 2020 close). A shareholder vote is set for March 16, 2021, needing a majority of all outstanding shares, and QEP holders would own about 7% of the combined company. This moves the merger from announcement to the vote stage.
10 Feb 2021substantial holder notice● Neutral
The Vanguard Group reported a QEP RESOURCES, INC. shareholding of 15,048,175 shares (6.19% of votes) in a periodic institutional filing.