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Stock Market & Financial Investment News

News Breaks
March 15, 2013
17:28 EDTKWKQuicksilver Resources to restate Q1, Q2, Q3 results from FY12
Quicksilver Resources disclosed in a regulatory filing that on March 15 the audit committee of the board, after consultation with management, concluded that our previously-filed condensed consolidated financial statements contained in our quarterly reports for the periods ended March 31, 2012, June 30, 2012, and September 30, 2012, should be restated and should no longer be relied upon due to non‑cash related errors to derivative accounting treatment. The company expects to file its 2012 Form 10-K during the week of March 18, which will include restated financial statements as of and for each of the interim reporting periods.
News For KWK From The Last 14 Days
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October 9, 2014
16:21 EDTKWKQuicksilver Resources receives continued listing standards notice from NYSE
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07:59 EDTKWKCrestwood Equity Crestwood Midstream weakness overdone, says Wells Fargo
After Crestwood Equity Partners LP(CEQP) and Crestwood Midstream Partners LP(CMLP) underperformed their broader group over the past month, Wells Fargo thinks the underperformance was driven by Quicksilver Resource's (KWK) financial struggles, concerns regarding gas storage fundamentals as it impacts Tres Palacios, and a decline in crude prices driving reduced activity in the Bakken. The firm believes that these concerns are legitimate, but it does not view them as new and calls the weakness in the stocks overdone. It keeps a Market Perform rating on Crestwood Equity Partners and an Outperform rating on Crestwood Midstream Partners.
October 7, 2014
06:06 EDTKWKThomas Darden reports 22.5% stake in Quicksilver Resources
Darden may engage in transactions regarding shares of common stock at times and prices as he deems advisable.

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