Quicksilver Resources Inc.(KWK)- NYSE
  • Dec. 30, 2011, 3:06 PM

    As natural gas prices dip below $3/MMBtu for the first time since 2009, the profits of producers are getting squeezed, raising the need for wells to be shut, staff to be cut, or mergers to be sought out in the New Year. EXCO (XCO) and Quicksilver (KWK) are both off about 50% in a matter of months, far worse than better-hedged and more deep-pocketed peers in the group. (XCO yesterday)

    | Dec. 30, 2011, 3:06 PM
  • Dec. 27, 2011, 9:43 AM

    Quicksilver Resources (KWK) and KKR are forming a JV that will provide midstream natural gas services in Western Canada, and thereby help bring Quicksilver's gas to market. KKR will pay Quicksilver $125M for a 50% stake in the JV, which will rely on the latter's facilities.

    | Dec. 27, 2011, 9:43 AM
Company Description
Quicksilver Resources Inc is an independent oil and gas company engaged in the acquisition, exploration, development and production of onshore oil and natural gas in North America and are based in Fort Worth, Texas.
Industry: Independent Oil & Gas
Country: United States