Quicksilver Resources, Inc.
-
Billionaire Steve Cohen's Big Bet On Oil & Gas
By Marshall Hargrave - February 8, 2013 | Tickers: FST, NFX, PXD, KWK
Forest Oil (NYSE: FST) is down almost 50% over the last twelve months, but that has not been a deterrent for billionaire Steve Cohen of SAC Capital. A recent SEC filing shows that Cohen upped his stake in Forest Oil by 150%; he owned 4.6 million shares at the end of the third quarter and now owns 11.5 million shares, or 9.8% of Forest Oil's outstanding more » -
Will EOG's New Strategy Pay off for Investors?
By Jordo Bivona - January 4, 2013 | Tickers: EOG, POU, KWK, TOU
A recent interview with EOG Resources’ (NYSE: EOG) CEO Mark Papa offered some unique insights on the prospects for natural gas prices in 2013 and beyond. Papa is shifting his company’s focus away from natural gas and towards oil because the profit margins from producing North American crude oil are much larger than the margins from producing North American natural gas.
Papa expects to see depressed natural gas prices more »
-
These Are the Must-Not-Have Companies In My 2013 Portfolio
By Nathan Kirykos - January 3, 2013 | Tickers: CPG, EOG, FST, POU, PEY, KWK, TOU
As a contrarian investor, the topic of this article isn't the Must-Have companies for a high yielding 2013 portfolio. I would rather focus on the Must-Not-Have companies, as their performance could be a real disaster for any portfolio. In my opinion, the following companies will most likely underperform due to fundamental problems and macro headwinds. I am a strong believer that investors will start fleeing the following stocks during more »
-
What Energen said at the Barclays CEO Energy Conference
By Eric Fox - September 14, 2012 | Tickers: APA, EGN, GPOR, OXY, KWK
Energen Corp. (NYSE: EGN) highlighted the company’s progress in developing its oil and liquids properties in the Permian Basin as part of a long-term strategy of diversifying the company’s production and reserve base away from natural gas. These comments were made by management at an energy conference held for institutional investors in early September 2012.
Permian Basin
Energen has been involved with the Permian Basin since the 1990s more »
-
What We Learned About the Barnett Shale During Second Quarter of 2012 Earnings Season
By Eric Fox - August 22, 2012 | Tickers: CHK, DVN, EOG, KWK, WPX
The Barnett Shale was the first domestic resource play to be developed by the exploration and production industry using hydraulic fracturing and horizontal drilling, and many operators have since moved on to other plays in the United States. Despite this inattention, I feel that a review of recent activity here is warranted and necessary to form a complete picture of conditions in the energy sector.
Production Shut In
Quicksilver Resources more »
-
Oil and Gas Plays That Flopped
By Eric Fox - August 15, 2012 | Tickers: KOG, KWK, ROSE, SWN, TPLM
Several exploration and production companies ended or deferred the development of some onshore oil and gas plays in the United States as operators sought to rationalize capital spending in an environment of volatile commodity prices and uncertain economic growth.
Eastern Canada
Southwestern Energy (NYSE: SWN) is exploring for oil and gas resources in eastern Canada, where the company has 2.5 million net acres under lease. The company has decided more »
-
Will Quicksilver be Able to Make It?
By Anirban Dutta - August 10, 2012 | Tickers: CNQ, CHK, ECA, KWK
Currently, the natural gas companies are facing a hard time maintaining their profits, and the performance of Quicksilver Resources (NYSE: KWK) has been no exception. Quicksilver Resources have posted a larger than expected net loss of $673 million for the second quarter of the current year, compared to a net income of $109 million for the same period a year earlier.
The Cause:
Quicksilver Resources, which is primarily a natural more »
-
How to Trade 5 Big Energy Stocks
By Christopher French - February 6, 2012 | Tickers: APC, DNR, KWK, SWN, SU
Increased demand, limited supply and heating political tensions could contribute to higher energy costs, putting the companies that are poised to meet the new challenges presented by a breakdown of relations in the Middle East at an advantage over the companies that possess stakes in Middle Eastern Oil. The energy sector is beginning to heat up as investors try to anticipate how energy stocks will react to an increased demand more »