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Stock Market & Financial Investment News

News Breaks
March 5, 2014
08:04 EDTKWKQuicksilver Resources sells Sand Wash Basin assets for $180M
Quicksilver Resources announces its execution of a purchase and sale agreement along with SWEPI LP, to sell to Southwestern Energy Production all of their jointly owned holdings in the Sand Wash Basin for cash proceeds of $180M to be allocated equally between Quicksilver and SWEPI LP, subject to customary due diligence and other closing conditions. The transaction is expected to close on May 1 with an effective date of January 1.
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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