Last $0.48 USD
Change Today +0.0248 / 5.51%
Volume 3.1M
KWK On Other Exchanges
New York
As of 8:04 PM 10/17/14 All times are local (Market data is delayed by at least 15 minutes).

quicksilver resources inc (KWK) Snapshot

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52 Week High
02/21/14 - $3.67
52 Week Low
10/15/14 - $0.36
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quicksilver resources inc (KWK) Details

Quicksilver Resources Inc., an independent oil and gas company, is engaged in the acquisition, exploration, development, production, and sale of natural gas, natural gas liquids, and oil in North America. The company focuses primarily on unconventional reservoirs, such as fractured shales and coal beds. It owns producing oil and natural gas properties principally in Texas, as well as in Alberta and British Columbia, Canada. The company’s principal properties include the Barnett Shale covering an area of approximately 85,000 net acres located in the northern part of the Fort Worth Basin; Horn River comprising approximately 130,000 net acres situated in the Horn River basin of northeast British Columbia; and Horseshoe Canyon consisting of approximately 353,000 net acres located in the Horseshoe Canyon, Alberta. As of December 31, 2013, it had total proved reserves of approximately 1.3 trillion cubic feet of natural gas equivalents. The company was founded in 1997 and is headquartered in Fort Worth, Texas.

338 Employees
Last Reported Date: 03/18/14
Founded in 1997

quicksilver resources inc (KWK) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $455.0K
Chief Financial Officer, Chief Accounting Off...
Total Annual Compensation: $422.4K
Senior Vice President of U S Operations
Total Annual Compensation: $416.6K
Senior Vice President and Chief Operating Off...
Total Annual Compensation: $395.4K
Vice President of Human Resources and Directo...
Total Annual Compensation: $264.4K
Compensation as of Fiscal Year 2013.

quicksilver resources inc (KWK) Key Developments

Quicksilver Resources Receives Continued Listing Standards Notice From the NYSE

Quicksilver Resources Inc. announced that it received notice from the New York Stock Exchange (NYSE) that the company has not met the NYSE's continued listing standard that requires a minimum average closing price of $1.00 per share over 30 consecutive trading days. Under the NYSE rules, Quicksilver has six months from the date of its receipt of the NYSE notice to regain compliance with the minimum share price requirement, or, if stockholder approval is required to cure the price deficiency (as would be the case for a reverse stock split), until the company's next annual meeting of stockholders. During that time, Quicksilver's shares will continue to be listed and will trade on the NYSE, subject to the company's continued compliance with the NYSE's other applicable listing rules. The NYSE notification does not affect Quicksilver's business operations or its Securities and Exchange Commission reporting requirements, and does not conflict with any of the company's credit agreements or debt and other obligations. Quicksilver is taking steps to enhance its current and prospective financial position, including efforts to market company assets, identify joint venture partners or otherwise engage in strategic transactions. Quicksilver has notified the NYSE that it intends to cure the deficiency.

Quicksilver Resources Is Looking For Strategic Alternatives

Quicksilver Resources Inc. (NYSE:KWK) hired John Little as Strategic Alternatives Officer who will help in in exploring, evaluating and implementing strategic and tactical initiatives.

Quicksilver Resources Inc. Announces Resignation of Thomas F. Darden as Board of Director of the Company, Effective September 1, 2014

Quicksilver Resources Inc. announced that on August 26, 2014, Thomas F. Darden informed the Board of Directors of the company of his decision to resign from the Board effective September 1, 2014. Mr. Darden will continue in his role as advisor to Quicksilver in its pursuit of a strategic transaction in the Horn River Basin in British Columbia.


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