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QEP Resources Direct Expenses Trend from 2010 to 2020

<div class='circular--portrait' style='background:#0D52D1;color: white;font-size:3em;padding-top: 40px;;'>QEP</div>
QEP -- USA Stock  

Aggressive Push

QEP Resources Direct Expenses yearly trend continues to be very stable with very little volatility. Direct Expenses is likely to grow to about 992.6 M this year. During the period from 2010 to 2020, QEP Resources Direct Expenses quarterly data regression pattern had range of 1,182,800,000 and median of  992,595,906. QEP Resources Direct Expenses is very stable at the moment as compared to the last year. QEP Resources reported last year Direct Expenses of 664.7 Million. This year Cost of Revenue is likely to grow to about 769.7 M, while Interest Expense is likely to drop about 104.3 M. Check QEP Resources fundamental indicators over time to gain insight into the future company performance. Apply historical fundamental analysis to find patterns among financial statement drivers such as Direct Expenses of 992.6 M, Cost of Revenue of 769.7 M or Gross Profit of 1.4 B, as well as many exotic indicators such as Interest Coverage of 2.11, Long Term Debt to Equity of 0.7117 or Calculated Tax Rate of 35.74. This can be a perfect complement to check QEP Resources Valuation or Volatility. It can also complement various QEP Resources Technical models. Please see the analysis of QEP Resources Correlation with competitors.

QEP Resources Direct Expenses Marginal Breakdown

Showing smoothed Direct Expenses of QEP Resources with missing and latest data points interpolated.
Direct Expenses10 Years Trend
Decreasing
Slightly volatile
 Direct Expenses 
    
  Timeline 

QEP Resources Regression Statistics

Arithmetic Mean 1,059,017,810
Geometric Mean 995,547,439
Coefficient Of Variation 36.72
Mean Deviation 326,111,082
Median 992,595,906
Standard Deviation 388,836,223
Range 1,182,800,000
R-Value(0.54)
R-Squared 0.29
Significance 0.09
Slope(63,378,368)

QEP Resources Direct Expenses Over Time

2018  578,000,000 
2019  664,700,000 
2020  992,595,906