QEP Resources Gets NYSE Warning Notice

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In a Form 8-K filed on November 3, 2020 QEP Resources, Inc. announced that  it received written notice from the New York Stock Exchange (NYSE) that the average closing price of the Company's common stock over the prior 30-consecutive trading day period was below $1.00 per share, which is the minimum average share price for continued listing on the NYSE.

The Company said it has notified the NYSE of its intent to cure the deficiency and return to compliance with the NYSE continued listing requirements within the six-month cure period. QEP is considering all available options to regain compliance with the NYSE's continued listing standards, “including the consummation of a potential reverse stock split.”

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