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Aug. 24, 2012, 8:48 AMQEP Resources (QEP) is paying a rich valuation in its $1.4B purchase of North Dakota properties, which bodes well for other players in the region, an Imperial Capital analyst says. "This acquisition is a positive read-through to the pure play Bakken players, which we believe are takeout candidates," the firm says, listing OAS and TPLM as the most attractive candidates for a buyout deal. | 2 Comments
QEP vs. ETF Alternatives
QEP Resources Inc is a holding company with two subsidiaries, which are engaged in oil and gas exploration and production and oil and gas marketing, operation of the Haynesville Gathering System and an underground gas storage facility.
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