Attached files
file | filename |
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EX-23.3 - EXHIBIT 23.3 - QEP RESOURCES, INC. | qep-20151231xex233.htm |
EX-99.2 - EXHIBIT 99.2 - QEP RESOURCES, INC. | qep-20151231xex992.htm |
EX-32.1 - EXHIBIT 32.1 - QEP RESOURCES, INC. | qep-20151231xex321.htm |
EX-24 - EXHIBIT 24 - QEP RESOURCES, INC. | qep-20151231xex24.htm |
EX-31.2 - EXHIBIT 31.2 - QEP RESOURCES, INC. | qep-20151231xex312.htm |
EX-31.1 - EXHIBIT 31.1 - QEP RESOURCES, INC. | qep-20151231xex311.htm |
EX-23.1 - EXHIBIT 23.1 - QEP RESOURCES, INC. | qep-20151231xex231.htm |
EX-3.2 - EXHIBIT 3.2 - QEP RESOURCES, INC. | qep-20151231xex32.htm |
EX-23.2 - EXHIBIT 23.2 - QEP RESOURCES, INC. | qep-20151231xex232.htm |
EX-21.1 - EXHIBIT 21.1 - QEP RESOURCES, INC. | qep-20151231xex211.htm |
10-K - 10-K - QEP RESOURCES, INC. | qep-20151231x10k.htm |
EX-99.1 - EXHIBIT 99.1 - QEP RESOURCES, INC. | qep-20151231xex991.htm |
Exhibit 12.1
QEP Resources, Inc.
Ratio of Earnings to Fixed Charges
Year Ended December 31, | |||||||||||||||||||
2015 | 2014 | 2013 | 2012 | 2011 | |||||||||||||||
Earnings | |||||||||||||||||||
Income from continuing operations before income taxes and adjustment for income or loss from equity investees | $ | (243.0 | ) | $ | (642.0 | ) | $ | 112.2 | $ | 0.5 | $ | 183.6 | |||||||
Add (deduct): | |||||||||||||||||||
Fixed charges | 148.3 | 175.6 | 167.8 | 128.7 | 95.7 | ||||||||||||||
Distributed income from equity investees | 0.1 | 0.3 | 0.2 | 0.1 | 0.1 | ||||||||||||||
Capitalized interest | — | — | (2.0 | ) | (3.4 | ) | (3.0 | ) | |||||||||||
Total earnings | $ | (94.6 | ) | $ | (466.1 | ) | $ | 278.2 | $ | 125.9 | $ | 276.4 | |||||||
Fixed Charges | |||||||||||||||||||
Interest expense | $ | 145.6 | $ | 172.9 | $ | 163.3 | $ | 122.9 | $ | 90.0 | |||||||||
Capitalized interest | — | — | 2.0 | 3.4 | 3.0 | ||||||||||||||
Estimate of the interest within rental expense | 2.7 | 2.7 | 2.5 | 2.4 | 2.7 | ||||||||||||||
Total Fixed Charges | $ | 148.3 | $ | 175.6 | $ | 167.8 | $ | 128.7 | $ | 95.7 | |||||||||
Ratio of Earnings to Fixed Charges | (0.6 | ) | (2.7 | ) | 1.7 | 1.0 | 2.9 |