QEP Resources (QEP -6.6%) is the S&P's biggest loser at the noon hour after the oil and gas...

|About: QEP Resources, Inc. (QEP)|By:, SA News Editor

QEP Resources (QEP -6.6%) is the S&P's biggest loser at the noon hour after the oil and gas exploration company downwardly revises its 2012 EBITDA forecast to $1.45B-$1.55B, missing the consensus $1.62B. The company expects 12%-14% 2012 organic production growth, below its year-ago 2011 annual production growth projection in the mid-teens.