STRATEGY

QEP Resources is a leading independent natural gas and oil exploration and production company. We create value for our shareholders through returns-focused growth, superior execution, and a low cost structure.  To achieve these objectives we will:

• Attract and retain the best people
• Allocate capital to the projects that generate the best returns
• Maintain a sustainable inventory of low-cost, high margin resource plays
  • Be in the best parts of the best plays
  • Build contiguous acreage positions to drive efficiencies
  • Be the operator of our assets whenever possible
  • Be the low-cost driller and producer in each area where we operate
• Own and operate midstream infrastructure in our core producing areas to control our destiny and capture value downstream of the wellhead
  • Build gas processing plants to extract liquids from our gas streams
  • Gather, compress and treat our production to drive down costs
• Actively market our equity production to maximize value
• Operate in a safe and environmentally responsible manner
• Maintain a strong balance sheet and financial flexibility that allows us to take advantage of both organic growth and acquisition opportunities