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Acquisitions & Divestitures (Tables)
6 Months Ended
Jun. 30, 2014
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]  
Business Combination, Separately Recognized Transactions [Table Text Block]
 
As of June 30, 2014
 
(in millions)
Consideration given:
 
Cash Consideration
$
945.0

Consideration receivable
(2.9
)
Total consideration given
$
942.1

 
 
Amounts recognized for preliminary fair value of assets acquired and liabilities assumed:
 
Proved properties
$
472.1

Unproved properties
480.9

Asset retirement obligations
(9.7
)
Liabilities assumed
(1.2
)
Total fair value
$
942.1

Business Acquisition, Pro Forma Information [Table Text Block]
 
 
Three Months Ended
 
Six Months Ended
 
 
June 30,
 
June 30,
 
 
2013
 
2013
 
2014
 
2014
 
2013
 
2013
 
 
Actual
 
Pro forma
 
Actual
 
Pro forma
 
Actual
 
Pro forma
 
 
 
(in millions, except per share data)
Revenues
 
$
751.0

 
$
790.1

 
$
1,820.6

 
$
1,846.7

 
$
1,447.5

 
$
1,521.1

Net income (loss) attributable to QEP
 
178.4

 
182.6

 
(52.6
)
 
(45.6
)
 
174.1

 
186.2

Earnings per common share attributable to QEP
 
 
 
 
 
 
 
 
Basic
 
$
0.99

 
$
1.02

 
$
(0.29
)
 
$
(0.25
)
 
$
0.97

 
$
1.04

Diluted
 
0.99

 
1.02

 
(0.29
)
 
(0.25
)
 
0.97

 
1.04