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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
REVENUES      
Natural gas sales $ 667.4 $ 1,239.1 $ 1,205.3
Oil sales 532.6 324.2 198.1
NGL sales 322.1 309.8 142.6
Gathering, processing and other 181.6 200.8 156.6
Purchased gas, oil and NGL sales 646.1 1,085.3 598.0
Total Revenues 2,349.8 3,159.2 2,300.6
OPERATING EXPENSES      
Purchased gas, oil and NGL expense 655.6 1,077.1 589.3
Lease operating expense 172.3 145.2 125.0
Natural gas, oil and NGL transport and other handling costs 148.9 102.2 54.2
Gathering, processing and other 88.0 107.3 83.2
General and administrative 266.6 123.2 107.2
Separation costs 0 0 13.5
Production and property taxes 103.4 105.4 82.5
Depreciation, depletion and amortization 904.9 765.4 643.4
Exploration expenses 11.2 10.5 23.0
Abandonment and impairment 133.4 218.4 46.1
Total Operating Expenses 2,484.3 2,654.7 1,767.4
Net gain from asset sales 1.2 1.4 12.1
OPERATING (LOSS) INCOME (133.3) 505.9 545.3
Realized and unrealized gains on derivative contracts (See Note 6) 441.9 0 0
Interest and other income 6.6 4.1 2.3
Income from unconsolidated affiliates 6.8 5.5 3.0
Loss from early extinguishment of debt (0.6) (0.7) (13.3)
Interest expense (122.9) (90.0) (84.4)
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 198.5 424.8 452.9
Income taxes (66.5) (154.4) (167.0)
INCOME FROM CONTINUING OPERATIONS 132.0 270.4 285.9
Discontinued operations, net of income tax 0 0 43.2
NET INCOME 132.0 270.4 329.1
Net income attributable to noncontrolling interest (3.7) (3.2) (2.9)
NET INCOME ATTRIBUTABLE TO QEP $ 128.3 $ 267.2 $ 326.2
Earnings Per Common Share Attributable to QEP      
Basic from continuing operations $ 0.72 $ 1.51 $ 1.61
Basic from discontinued operations $ 0.00 $ 0.00 $ 0.25
Basic total $ 0.72 $ 1.51 $ 1.86
Diluted from continuing operations $ 0.72 $ 1.50 $ 1.60
Diluted from discontinued operations $ 0.00 $ 0.00 $ 0.24
Diluted total $ 0.72 $ 1.50 $ 1.84
Weighted-average common shares outstanding      
Used in basic calculation 177.8 176.5 175.3
Used in diluted calculation 178.7 178.4 177.3