Quicksilver Resources (KWK -2.8%) shares resume losses after their big U-turn near yesterday's...

|About: Quicksilver Resources Inc. (KWK)|By:, SA News Editor

Quicksilver Resources (KWK -2.8%) shares resume losses after their big U-turn near yesterday's close; shares had dropped nearly 14% following Q1 results but rallied on natural gas price gains. Tudor Pickering says KWK spent $137M on capital projects in Q1, above estimates; while Q1 losses of $0.09/share missed estimates, its nat gas production matched targets.