Type
|
Subsidiary |
---|---|
Traded as | NYSE: STR |
Industry | Natural Gas |
Founded | 1928 |
Headquarters | Salt Lake City, Utah, United States |
Products | Natural Gas |
Number of employees
|
1,725 (2014) |
Parent | Dominion Energy |
Website | www.questar.com |
Coordinates: 40°46′N 111°53′W / 40.767°N 111.883°W / 40.767; -111.883
Questar Corporation is a natural gas-focused energy company based in Salt Lake City, Utah in the Rocky Mountains. Questar's three major lines of business — retail gas distribution, interstate gas transportation and gas production — are conducted through its principal subsidiaries: Questar Gas, Questar Pipeline and Wexpro. Wexpro is an oil and natural gas producer in the Rocky Mountains.
Previously known as Mountain Fuel Supply Company the company reorganized under a holding company in 1984 and is publicly traded as Questar Corporation. Mountain Fuel Supply formally changed its name to Questar Gas Company in 1998.
Questar Corporation's origins began in 1928, as a holding company named Western Public Service Corporation. That company was formed to bring natural gas to the Salt Lake City region of northern Utah from fields across the state border to the east in southwestern Wyoming. Mountain Fuel Supply Company was at that time the name of the holding company's oil and gas exploration and production affiliate.
In 1935, the shareholders voted to reorganize Western Public Service Corporation as a single company. Mountain Fuel Supply Company (MFS) then became the name of the reorganized consolidated company, which was publicly traded on the New York Stock Exchange under that name from then until 1984. Beginning in 1935, it also paid a cash dividend to shareholders every year since that time.
In 1963, the company began to use a new trademark logo, in the shape of a trapezoid. That logo remained in use until becoming Questar Gas in 1998.
In 1984, Mountain Fuel Supply Company shareholders voted to return to the holding-company structure, and chose the name Questar Corporation as the new parent holding company name. Questar Corporation continues to trade on the NYSE, under its stock symbol STR.
Construction began in August 2010 on a new $45 million 6-story building at 333 South State Street in downtown Salt Lake City, Utah. The new facility was completed and opened in March 2012. The 170,000-square-foot (16,000 m) building replaces Questar's former headquarters located at 180 East 100 South. The new Questar Center building is one of the first LEED Silver energy-efficient buildings in downtown Salt Lake. The new headquarters accommodates some 600 Questar employees in a floor plan that is 20 percent smaller than Questar's former headquarters. Employees working at Questar's D.N. Rose operation center in Salt Lake City will continue to operate from that location as well.
On January 1, 1998, Mountain Fuel Supply Company was renamed Questar Gas Company, bringing all of Questar's divisions under the single Questar brand name. The move was prompted by new deregulation in the energy industry, which allowed the company to offer wider choices to customers, and to venture into new lines of business. The old Mountain Fuel Supply name had been primarily associated with natural gas delivery up until that time. In 1998 the Questar Corporation also began to use its newly reworked version of the traditional trapezoid logo throughout the organization.
At the time, R. D. Cash was chairman, president and chief executive officer of Questar Corporation.
Other Questar affiliates were already moving into newly available energy market areas, such as Questar Energy Trading, which had begun to market electricity on the wholesale level, and Questar Energy Services, which had begun selling retail products including earthquake braces and carbon-monoxide monitors, and providing home-security and appliance-maintenance services. Also, Questar InfoComm began selling information technology and telecommunications.
By 1998, Questar Corporation had become one of the largest companies headquartered in Utah, with 2,500 employees and about US$1.8 billion in assets. The company had two major divisions:
In April 2003, D. N. "Nick" Rose, president and chief executive officer of Questar Regulated Services, retired and Alan K. Allred, who served as executive vice president and chief operating officer of the QRS group, succeed Rose.
By 2006, the Regulated Services segment had been subdivided instead into segments named Questar Gas and Questar Pipeline, for a total of three primary subsiary companies within Questar, with four major lines of business:
In 2005, Knox Lawrence International acquired Consonus Inc., a Questar subsidiary which was formed 5 years ago and had housed and managed computer data centers for dozens of businesses. Questar Corp. was getting out of the data center management business.
On July 1, 2010, Questar Market Resources (QMR) exploration and production business was spun off to form a new publicly traded company, QEP Resources, Inc. (NYSE: QEP). QEP established its company headquarters in Denver, Colo. Questar Corporation's board of directors elected Ron W. Jibson as president and CEO.
On October 19, 2014 Tesoro Logistics LP agreed to buy QEP Resources Inc.’s natural-gas pipeline and processing business for $2.5 billion in cash to expand its business in the Rocky Mountains and North Dakota.
It was announced on February 1, 2016 that Dominion Resources, an energy company based in Richmond, Virginia, would be purchasing Questar Corporation for $25 dollars a share (about $4.4 billion).
On September 16, 2016 the Dominion Resources and Questar Corporation merger was officially completed. Dominion Questar becomes the official name for the Salt Lake City based subsidiary of Dominion Resources. Current CEO of Questar Corporation, Ron Jibson, is named to the board of directors at Dominion Resources following the completion of the merger.
Questar's operations consist of three major lines of business — retail gas distribution, interstate gas transportation and gas production.
Questar Gas Company (QGC) — retail gas distribution — is a public natural gas utility in Utah, southwestern Wyoming and southeastern Idaho.
Questar Pipeline Company (QPC) — interstate pipeline and storage in Utah, Wyoming and Colorado.
Wexpro Company (WEX) — develops and produces gas and oil on certain properties for affiliate Questar Gas under the terms of a long-standing comprehensive agreement with the states of Utah and Wyoming. Wexpro delivers natural gas production to Questar Gas at a price equal to Wexpro's cost of service.
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q1 2021 | 2021-04-27 | Future report Set alerts | |
Q4 2020 | 2021-02-24 | -0.04 | -0.04 |
Q3 2020 | 2020-10-28 | 0.13 | 0.13 |
Q2 2020 | 2020-07-29 | -0.06 | -0.06 |
Q1 2020 | 2020-04-29 | 0.21 | 0.21 |
Q4 2019 | 2020-02-26 | -0.10 | -0.10 |
Q3 2019 | 2019-10-23 | 0.05 | 0.05 |
Q2 2019 | 2019-08-07 | -0.04 | -0.04 |
Q1 2019 | 2019-04-24 | 0.15 | 0.15 |
Q4 2018 | 2019-02-20 | -0.13 | -0.13 |
2016-07-06 | Reiterated Rating | Wells Fargo & Co. | Market Perform | |
2016-06-30 | Reiterated Rating | KLR Group | Buy | $25.00 to $27.00 |
2016-06-22 | Reiterated Rating | Drexel Hamilton | Buy | $33.00 |
2016-06-22 | Reiterated Rating | Cantor Fitzgerald | Buy | |
2016-06-15 | Upgrade | Simmons | Neutral to Overweight | $20.00 to $24.00 |
2016-06-14 | Upgrade | Piper Jaffray | Neutral to Overweight | |
2016-06-14 | Boost Price Target | Deutsche Bank | Buy | $22.00 to $23.00 |
2016-06-14 | Upgrade | Piper Jaffray Cos. | Neutral to Overweight | |
2016-06-14 | Boost Price Target | Deutsche Bank AG | Buy | $22.00 to $23.00 |
2016-06-07 | Initiated Coverage | Drexel Hamilton | Buy | $33.00 |
2016-05-22 | Reiterated Rating | Cantor Fitzgerald | Buy | |
2016-05-16 | Reiterated Rating | Sterne Agee CRT | Buy | |
2016-04-29 | Upgrade | Raymond James | Outperform to Strong-Buy | $27.00 |
2016-04-29 | Upgrade | Raymond James Financial Inc. | Outperform to Strong-Buy | $27.00 |
2016-04-12 | Initiated Coverage | JPMorgan Chase & Co. | Overweight | $17.00 |
2016-03-23 | Reiterated Rating | Deutsche Bank | Buy | $16.00 to $20.00 |
2016-03-16 | Initiated Coverage | KLR Group | Buy | $23.00 |
2016-03-12 | Reiterated Rating | Deutsche Bank | Buy | |
2016-03-03 | Lower Price Target | BMO Capital Markets | Marketperform | $15.00 to $12.00 |
2016-02-29 | Lower Price Target | SunTrust | Neutral | $12.00 |
2016-02-29 | Lower Price Target | SunTrust Banks Inc. | Neutral | $12.00 |
2016-02-25 | Reiterated Rating | Cantor Fitzgerald | Buy | $16.00 |
2016-02-08 | Reiterated Rating | Cantor Fitzgerald | Buy | $16.00 |
2016-02-03 | Boost Price Target | Deutsche Bank | $13.00 to $16.00 | |
2016-01-28 | Lower Price Target | Barclays | Equal Weight | $14.00 to $11.00 |
2016-01-28 | Lower Price Target | Barclays PLC | Equal Weight | $14.00 to $11.00 |
2016-01-21 | Lower Price Target | Deutsche Bank | Buy | $17.00 to $13.00 |
2015-12-28 | Reiterated Rating | Cantor Fitzgerald | Buy | |
2015-12-22 | Initiated Coverage | Cantor Fitzgerald | Buy | $20.00 |
2015-12-09 | Upgrade | Deutsche Bank | Hold to Buy | |
2015-12-08 | Lower Price Target | Barclays | Equal Weight | $16.00 to $15.00 |
2015-12-08 | Reiterated Rating | Deutsche Bank | Hold to Hold | $18.00 |
2015-11-19 | Upgrade | Goldman Sachs | Neutral to Buy | $19.00 |
2015-11-19 | Upgrade | Goldman Sachs Group Inc. | Neutral to Buy | $19.00 |
2015-11-03 | Boost Price Target | Deutsche Bank | $17.00 to $18.00 | |
2015-11-02 | Boost Price Target | SunTrust | Neutral | $16.00 to $17.00 |
2015-11-02 | Boost Price Target | Barclays | Equal Weight | $13.00 to $16.00 |
2015-10-30 | Boost Price Target | Raymond James | $17.00 to $18.00 | |
2015-10-30 | Boost Price Target | Cowen and Company | $18.00 to $22.00 | |
2015-10-14 | Reiterated Rating | Deutsche Bank | Hold | $16.00 to $17.00 |
2015-10-09 | Lower Price Target | Cowen and Company | $19.00 to $18.00 | |
2015-09-09 | Reiterated Rating | Deutsche Bank | Hold | $16.00 |
2015-09-08 | Reiterated Rating | Cowen and Company | Outperform | $23.00 to $19.00 |
2015-09-08 | Reiterated Rating | Barclays | Equal Weight | $16.00 to $13.00 |
2015-08-19 | Lower Price Target | Capital One Financial Corp. | $29.00 to $27.00 | |
2015-08-14 | Lower Price Target | Howard Weil | $30.00 to $29.00 | |
2015-08-08 | Reiterated Rating | Imperial Capital | Buy | |
2015-08-07 | Lower Price Target | Imperial Capital | Outperform | $34.00 to $27.00 |
2015-07-14 | Reiterated Rating | Deutsche Bank | Hold | $25.00 to $23.00 |
2015-07-13 | Initiated Coverage | Cowen and Company | Outperform | $23.00 |
2015-06-30 | Reiterated Rating | Imperial Capital | Outperform | |
2015-05-09 | Reiterated Rating | SunTrust | Neutral | $23.00 to $25.00 |
2015-03-27 | Initiated Coverage | Imperial Capital | Outperform | $33.00 |
2015-03-10 | Initiated Coverage | SunTrust | Neutral | $23.00 |
2015-03-03 | Lower Price Target | Barclays | Equal Weight | $16.00 to $14.00 |
2015-02-26 | Reiterated Rating | MKM Partners | Overweight to Equal Weight | |
2015-02-26 | Downgrade | Stephens | Overweight to Equal Weight | |
2015-02-25 | Downgrade | BMO Capital Markets | Outperform to Market Perform | $18.00 |
2015-02-02 | Lower Price Target | Howard Weil | Sector Outperform | $38.00 to $27.00 |
2015-01-23 | Initiated Coverage | Deutsche Bank | Hold | $32.00 |
2015-01-14 | Lower Price Target | Barclays | Equal Weight | $21.00 to $16.00 |
2014-12-18 | Downgrade | Wells Fargo & Co. | Outperform to Market Perform | |
2014-12-18 | Downgrade | Wells Fargo | Outperform to Market Perform | |
2014-12-16 | Lower Price Target | Barclays | Equal Weight | $31.00 to $21.00 |
2014-12-01 | Downgrade | Simmons | Overweight to Neutral | |
2014-10-22 | Reiterated Rating | Barclays | Equal Weight | $31.00 to $32.00 |
2014-10-09 | Reiterated Rating | Barclays | Equal Weight | $36.00 to $31.00 |
2014-10-01 | Reiterated Rating | Barclays | Equal Weight | $37.00 to $36.00 |
2014-09-08 | Lower Price Target | Raymond James | $41.00 to $40.00 | |
2014-06-05 | Reiterated Rating | JPMorgan Chase & Co. | Neutral | $32.00 to $33.00 |
2014-05-27 | Boost Price Target | Raymond James | $37.00 to $38.00 | |
2014-05-19 | Upgrade | Ned Davis Research | Sell to Neutral | |
2014-05-16 | Downgrade | Barclays | Overweight to Equal weight | $36.00 to $31.00 |
2014-05-08 | Downgrade | Barclays | Overweight to Equal weight | $36.00 to $31.00 |
2014-04-30 | Downgrade | Barclays | Overweight to Equal weight | $36.00 to $31.00 |
2014-04-23 | Boost Price Target | Guggenheim | $36.00 to $42.00 | |
2014-04-22 | Downgrade | Barclays | Overweight to Equal Weight | $36.00 to $31.00 |
2014-03-25 | Lower Price Target | Raymond James | $37.00 to $34.00 | |
2014-02-27 | Lower Price Target | Guggenheim | $41.00 to $36.00 | |
2014-02-26 | Lower Price Target | Howard Weil | Sector Outperform | $43.00 to $40.00 |
2014-02-04 | Boost Price Target | Societe Generale | Buy | $36.00 to $38.00 |
2014-01-13 | Lower Price Target | Barclays | Overweight | $39.00 to $36.00 |
2013-12-10 | Boost Price Target | Canaccord Genuity | Hold | $31.00 to $32.00 |
2013-12-03 | Boost Price Target | Barclays | Overweight | $37.00 to $39.00 |
2013-12-03 | Boost Price Target | Sterne Agee CRT | $36.00 to $39.00 | |
2013-10-22 | Boost Price Target | Guggenheim | Buy | $45.00 to $47.00 |
2013-08-20 | Reiterated | Howard Weil | Sector Outperform | $43 to $47 |
2012-09-11 | Initiated | BMO Capital Markets | Outperform | |
2012-04-25 | Downgrade | Howard Weil | Focus Stock to Market Outperform | |
2011-11-04 | Initiated | Deutsche Bank | Buy | $49 |
2011-07-14 | Initiated | Howard Weil | Market Outperform | $59 |
2011-03-29 | Reiterated | Barclays Capital | Overweight | $45 to $48 |
2010-12-16 | Reiterated | Barclays Capital | Overweight | $41 to $44 |
2010-07-29 | Initiated | Barclays Capital | Overweight | $46 |
2016-07-06 | Reiterated Rating | Wells Fargo & Co. | Market Perform | |
2016-06-30 | Reiterated Rating | KLR Group | Buy | $25.00 to $27.00 |
2016-06-22 | Reiterated Rating | Drexel Hamilton | Buy | $33.00 |
2016-06-22 | Reiterated Rating | Cantor Fitzgerald | Buy | |
2016-06-15 | Upgrade | Simmons | Neutral to Overweight | $20.00 to $24.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In QEP 51 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
BlackRock Fund Advisors | 9.83M |
BlackRock Institutional Trust Company, N.A. | 7.46M |
NATIONAL RURAL ELECTRIC COOPERATIVE ASSOCIATION | 2.25M |
Talara Capital Management, LLC | 1.79M |
I.G. INVESTMENT MANAGEMENT, LTD. | 0.85M |
RUSSELL FRANK CO/ | 0.84M |
BlackRock Investment Management, LLC | 0.84M |
TIAA CREF INVESTMENT MANAGEMENT LLC | 0.65M |
MANAGED ACCOUNT ADVISORS LLC | 0.43M |
TEACHERS ADVISORS INC | 0.42M |
Airain ltd | 0.33M |
BlackRock Group LTD | 0.31M |
THOMPSON RUBINSTEIN INVESTMENT MANAGEMENT INC /OR/ | 0.28M |
COWEN GROUP, INC. | 0.22M |
Numeric Investors LLC | 0.21M |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
STANLEY CHARLES B President and CEO | 0.53% (947927) | HL / QEP / QEPM / |
Doleshek Richard J EVP, CFO & TR | 0.22% (400687) | QEP / QEPM / |
Torgerson Jim E Senior VP Operations | 0.17% (303877) | QEP / |
Woosley Christopher K VP and General Counsel | 0.08% (141396) | QEP / |
Murr Austin S. Senior VP | 0.06% (100856) | QEP / |
Fiala Margo D VP | 0.05% (81890) | QEP / |
Ley Alice B VP and Controller | 0.03% (59446) | QEP / |
Thompson Matthew T. VP, Energy | 0.03% (56195) | QEP / |
TRICE DAVID A | 0.03% (50000) | MDR / NJR / QEP / |
Richards Perry H Sr VP, QEP Field Services | 0.02% (39841) | QEP / QEPM / |
BAKER PHILLIPS S JR | 0.02% (28897) | HL / QEP / |
Jones Abigail L VP-Comp/Corp Sec/AGC | 0.01% (12508) | QEP / QEPM / |
OConnor Thomas C | 0.01% (11302) | DPM / NJR / QEP / TLLP / |