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Stock Market & Financial Investment News

News Breaks
August 5, 2014
07:37 EDTKWKQuicksilver Resources reports Q2 adjusted EPS (7c), consensus (6c)
Reports Q2 revenue $118.0M, consensus $109.07M. Reports Q2 production 23.3 Bcfe, or an average of 255M cubic feet of natural gas equivalent per day, compared to 26.1 Bcfe, or an average of 287 MMcfed, in the 2013 quarter. The decline is primarily attributable to the TG Transaction in the middle of the second-quarter 2013 and the natural decline in Canadian volumes due to minimal capital activity.
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.

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