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QEP Resources, Inc. operates as a crude oil and natural gas exploration and production company in the United States. The company conducts exploration and production activities in the Permian Basin; and Williston Basin in North Dakota. As of December 31, 2020, it had estimated proved reserves of approximately 363.4 million barrels of oil equivalent. The company sells oil, condensate, gas, and natural gas liquids to refiners, marketers, midstream service providers, wholesale marketers, industrial users, local distribution companies, and utility and other companies. QEP Resources, Inc. was founded in 1922 and is headquartered in Denver, Colorado. QEP Resources, Inc. operates as a subsidiary of Diamondback Energy, Inc
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