QEP Resources to separate midstream business

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

QEP Resources (QEP) +5.1% AH after announcing it will pursue a separation of its midstream business, QEP Field Services, including QEP's interest in QEP Midstream Partners (QEPM).

QEP's board asks management to work with the company's financial and legal advisers to evaluate the shareholder value impact of various separation alternatives.