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.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs