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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
REVENUES    
Natural gas sales $ 197.6 $ 161.2
Oil sales 194.2 110.8
NGL sales 68.4 97.4
Gathering, processing and other 45.6 49.8
Purchased gas, oil and NGL sales 190.7 184.0
Total Revenues 696.5 603.2
OPERATING EXPENSES    
Purchased gas, oil and NGL expense 196.8 188.4
Lease operating expense 38.9 40.1
Natural gas, oil and NGL transportation and other handling costs 34.0 34.5
Gathering, processing and other 20.6 23.7
General and administrative 46.0 36.0
Production and property taxes 35.9 24.7
Depreciation, depletion and amortization 254.2 199.3
Exploration expenses 5.1 2.0
Impairment 0 6.5
Total Operating Expenses 631.5 555.2
Net (loss) gain from asset sales (0.2) 1.5
OPERATING INCOME 64.8 49.5
Realized and unrealized (losses) gains on derivative contracts (See Note 7) (34.6) 216.3
Interest and other income 2.0 1.7
Income from unconsolidated affiliates 1.3 1.9
Interest expense (39.4) (24.7)
(LOSS) INCOME BEFORE INCOME TAXES (5.9) 244.7
Income tax benefit (provision) 2.2 (88.7)
NET (LOSS) INCOME (3.7) 156.0
Net income attributable to noncontrolling interest (0.6) (0.8)
NET (LOSS) INCOME ATTRIBUTABLE TO QEP $ (4.3) $ 155.2
Earnings Per Common Share Attributable to QEP    
Basic total (in dollars per share) $ (0.02) $ 0.87
Diluted total (in dollars per share) $ (0.02) $ 0.87
Weighted-average common shares outstanding    
Used in basic calculation (in shares) 177.0 177.4
Used in diluted calculation (in shares) 177.0 178.5
Dividends per common share (in dollars per share) $ 0.02 $ 0.02