Seeking Alpha

Jana Partners raises stake in QEP, seeks talks with management

  • QEP Resources (QEP) +5.4% AH as hedge fund Jana Partners discloses a 7.53% stake, or 13.5M shares.
  • Jana says it intends to have further discussions with QEP management regarding adding directors and executives to develop a growth strategy for the QEPFS  midstream business, separating QEPFS from QEP, and pursuing a significant return of capital to shareholders.
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