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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
REVENUES      
Natural gas sales $ 779.0 $ 667.4 $ 1,239.1
Oil sales 916.6 532.6 324.2
NGL sales 294.1 322.1 309.8
Gathering, processing and other 189.0 181.6 200.8
Purchased gas, oil and NGL sales 757.1 646.1 1,085.3
Total Revenues 2,935.8 2,349.8 3,159.2
OPERATING EXPENSES      
Purchased gas, oil and NGL expense 765.9 655.6 1,077.1
Lease operating expense 177.8 172.3 145.2
Natural gas, oil and NGL transport and other handling costs 141.4 148.9 102.2
Gathering, processing and other 90.6 88.0 107.3
General and administrative 191.1 266.6 123.2
Production and property taxes 166.5 103.4 105.4
Depreciation, depletion and amortization 1,016.0 905.3 765.6
Exploration expenses 11.9 11.2 10.5
Asset Impairment Charges 93.0 133.0 218.2
Total Operating Expenses 2,654.2 2,484.3 2,654.7
Net gain from asset sales 103.0 1.2 1.4
OPERATING INCOME (LOSS) 384.6 (133.3) 505.9
Realized and unrealized gains on derivative contracts (Note 7) 58.9 441.9 0
Interest and other income 5.2 6.6 4.1
Income from unconsolidated affiliates 5.8 6.8 5.5
Loss from early extinguishment of debt 0 (0.6) (0.7)
Interest expense (163.3) (122.9) (90.0)
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 291.2 198.5 424.8
Income taxes (119.8) (66.5) (154.4)
NET INCOME 171.4 132.0 270.4
Net income attributable to noncontrolling interest (12.0) (3.7) (3.2)
NET INCOME ATTRIBUTABLE TO QEP $ 159.4 $ 128.3 $ 267.2
Earnings Per Common Share Attributable to QEP      
Basic total $ 0.89 $ 0.72 $ 1.51
Diluted total $ 0.89 $ 0.72 $ 1.50
Weighted-average common shares outstanding      
Used in basic calculation 179.2 177.8 176.5
Used in diluted calculation 179.5 178.7 178.4
Dividends per common share $ 0.08 $ 0.08 $ 0.08