QEP Resources Inc (QEP)

[TRCPA]

Well, they did bottom line $367 million after tax in Q1 with their hedging. And their overall balance sheet is very strong. The recent 8K outlining the change in terms with Wells Fargo presents a hand in glove approach with their debt partners.

And if I'm not mistaken, the debt maturity that follows 2021 is in late 2022, not July.

So I see a bright future ahead for QEP. with its smart management. Covid obviously poses a problem if people in this country want to ignore it and its consequences. So I see some choppy waters ahead for the economy here and there until some people come to their senses on wearing masks and social distancing.

On the other hand, I'm in the Dr. Fauci camp that we will have a vaccine around about year end. He is the foremost authority on infectious diseases, and ghst has been his mantra.

And that will be a huge boost to oil and gas....especially for the good, solid companies like QEP. Hence, my prediction.