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QEP Moves To Separate Its Midstream Business

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Business Wire
December 4, 2013

QEP Resources Inc. (NYSE: QEP) announced Dec. 2 it has decided to pursue a separation of its midstream business, QEP Field Services Co., including the company's interest in QEP Midstream Partners LP (NYSE: QEPM).

The decision is a result of the board’s continuous review of strategic alternatives to maximize shareholder value that also led to the creation of QEPM earlier this year. After careful review by the board of directors and management team with its financial advisors, the company concluded that the separation of QEP Field Services from QEP creates ...

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