Jana Partners raises stake in QEP, seeks talks with management

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

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.