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Public Profile
Crude Oil Extraction
US
updated 2 months ago

QEP Resources, Inc. Sustainability Profile

Company website

QEP Resources, Inc., commonly referred to as QEP, is a prominent player in the energy sector, headquartered in the United States. Founded in 1986, the company has established itself as a leader in the exploration and production of oil and natural gas, with significant operations in key regions such as the Rocky Mountains and the Permian Basin. QEP is renowned for its innovative approach to resource extraction, focusing on core services that include drilling, production, and asset management. The company’s commitment to operational excellence and sustainability sets it apart in a competitive market. With a strong portfolio of assets and a strategic focus on enhancing production efficiency, QEP Resources has achieved notable milestones, solidifying its position as a trusted name in the energy industry.

DitchCarbon Score

How does QEP Resources, Inc.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

24

Industry Average

Mean score of companies in the Crude Oil Extraction industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

11

Industry Benchmark

QEP Resources, Inc.'s score of 24 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.

61%

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QEP Resources, Inc.'s reported carbon emissions

Inherited from Diamondback Energy, Inc.

QEP Resources, Inc., headquartered in the US, currently does not report specific carbon emissions data, as no emissions figures are available. The company is a current subsidiary of Diamondback Energy, Inc., which may influence its climate commitments and reporting practices. As part of its corporate family relationship, QEP Resources, Inc. inherits climate initiatives and targets from Diamondback Energy, Inc. However, there are no documented reduction targets or climate pledges available for QEP Resources, Inc. at this time. This lack of specific data suggests that the company may still be in the process of establishing its own emissions reduction strategies or aligning with broader corporate sustainability goals set by its parent organisation. In the context of the industry, it is essential for companies like QEP Resources, Inc. to develop and communicate clear climate commitments, especially as stakeholders increasingly demand transparency and accountability regarding carbon emissions and sustainability practices.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20162017201820192020202120222023
Scope 1
174,413,000
000,000,000
000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 2
-
-
-
-
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
-
-
-
-
-
-
00,000,000,000
00,000,000,000

How Carbon Intensive is QEP Resources, Inc.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. QEP Resources, Inc.'s primary industry is Crude petroleum and services related to crude oil extraction, excluding surveying, which is very high in terms of carbon intensity compared to other industries.

How Carbon Intensive is QEP Resources, Inc.'s Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for QEP Resources, Inc. is in US, which has a low grid carbon intensity relative to other regions.

QEP Resources, Inc.'s Scope 3 Categories Breakdown

QEP Resources, Inc.'s Scope 3 emissions, which increased by 16% last year and increased by approximately 16% since 2022, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" representing nearly all of their reported Scope 3 footprint.

Top Scope 3 Categories

2023
Use of Sold Products
100%

QEP Resources, Inc.'s Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

QEP Resources, Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare QEP Resources, Inc.'s Emissions with Industry Peers

Matador Resources Co

US
•
Electricity nec
Updated 9 days ago

Copano Energy, L.L.C.

US
•
Natural gas and services related to natural gas extraction, excluding surveying
Updated 20 days ago

Williams Partners L.P.

US
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated about 1 month ago

Cnx

US
•
Gas/Diesel Oil
Updated 2 days ago

Callon Petroleum

US
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated 9 days ago

Williams Field Services Company, LLC

US
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated about 2 months ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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