Last €0.17 EUR
Change Today -0.038 / -18.18%
Volume 11.0K
QSR On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 3:17 PM 12/23/14 All times are local (Market data is delayed by at least 15 minutes).

quicksilver resources inc (QSR) Snapshot

Open
€0.19
Previous Close
€0.21
Day High
€0.22
Day Low
€0.16
52 Week High
02/21/14 - €2.59
52 Week Low
12/23/14 - €0.16
Market Cap
30.8M
Average Volume 10 Days
2.1K
EPS TTM
--
Shares Outstanding
180.0M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for QUICKSILVER RESOURCES INC (QSR)

quicksilver resources inc (QSR) Related Businessweek News

No Related Businessweek News Found

quicksilver resources inc (QSR) 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 (QSR) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $455.0K
Chief Financial Officer and Senior Vice Presi...
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 (QSR) Key Developments

Quicksilver Resources Inc. Announces Resignation of John C. Regan as a Senior Vice President and Chief Financial Officer, Effective December 31, 2014

On November 25, 2014, John C. Regan notified Quicksilver Resources Inc. of his intention to resign as Quicksilver's Senior Vice President - Chief Financial Officer, effective December 31, 2014, to become the Chief Financial Officer at Vine Oil and Gas, LP.

Quicksilver Resources Inc. Announces Management Changes

Quicksilver Resources Inc. appointed Romy M. Massey as Vice President and Chief Accounting Officer, effective as of December 1, 2014. Ms. Massey is eligible to participate in the company's Exempt Employee Discretionary Bonus Plan. Ms. Massey, 37, has served as the company's Controller since August 2012 and she was an Assistant Controller over consolidation and financial reporting from January 2012 to August 2012. Ms. Massey has also served as the company's Assistant Secretary since May 2014. Ms. Massey will succeed John C. Regan as the company's Chief Accounting Officer and Mr. Regan will continue to serve as the company's Senior Vice President - Chief Financial Officer.

Quicksilver Resources Inc. Reports Unaudited Consolidated Earnings and Production Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Production Guidance for the Fourth Quarter of 2014 and Capital Expenditure Guidance for the Fourth Quarter and Full Year of 2014; Reports Impairment Charges for the Third Quarter Ended September 30, 2014

Quicksilver Resources Inc. reported unaudited consolidated earnings and production results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported total revenue of $163,498,000 against $153,116,000 a year ago. Operating income was $64,784,000 compared to $60,049,000 a year ago. Income before income taxes was $18,818,000 compared to $16,543,000 a year ago. Net income was $23,757,000 or $0.13 per basic and diluted share against $10,577,000 or $0.06 per basic and diluted share a year ago. Adjusted net loss of $12,325,000 or $0.07 per diluted share compared to $8,476,000 or $0.05 per diluted share a year ago. On the capital expenditure front, the company incurred approximately $29 million of capital in the third quarter, primarily directed to drilling and completion activities in the Barnett. For the nine months, the company reported total revenue of $373,316,000 against $447,318,000 a year ago. Operating income was $67,266,000 compared to $451,073,000 a year ago. Loss before income taxes was $70,090,000 compared to income before income taxes of $211,460,000 a year ago. Net loss was $71,171,000 or $0.41 per basic and diluted share against net income of $193,397,000 or $1.10 per basic and diluted share a year ago. Net cash used in operating activities was $4,983,000 compared to $81,103,000 a year ago. Capital expenditures were $111,444,000 compared to $78,549,000 a year ago. Adjusted net loss of $37,947,000 or $0.22 per diluted share compared to $26,220,000 or $0.15 per diluted share a year ago. For the quarter, the reported average daily production of natural gas of 209.1 MMcfd compared to 230.1 MMcfd a year ago. Average daily production of NGL was 5,916 Bbld compared to 6,895 Bbld a year ago. Average daily production of oil was 174 Bbld compared to 400 Bbld a year ago. Total average daily production was 245.6 MMcfd compared to 273.9 MMcfd a year ago. The decline is primarily attributable to natural decline in Canadian volumes due to minimal capital activity, a scheduled plant outage at a third-party facility in the Horn River Asset, and lower sales volume in the Barnett Shale due to the rejection of ethane volumes in September 2014. For the nine months, the reported average daily production of natural gas of 210.6 MMcfd compared to 255.3 MMcfd a year ago. Average daily production of NGL was 6,200 Bbld compared to 7,878 Bbld a year ago. Average daily production of oil was 190 Bbld compared to 556 Bbld a year ago. Total average daily production was 249.0 MMcfd compared to 305.8 MMcfd a year ago. For the third quarter, the company reported impairment charges of $135,000. The company provided capital spending guidance for the fourth quarter and full year of 2014. For the quarter, the company’s capital spending is expected to be in the range of $22 million to $27 million. For the year, the company’s capital spending is expected to be in the range of $130 million to $135 million. The company expects to invest $12 million to drill and complete up to 50 gross (30 net) wells. For the fourth quarter 2014, total company average daily production volume is expected to be 238 - 242 MMcfe per day. At current ethane prices, the company expects to continue to reject ethane volumes during the fourth-quarter 2014, which is included in the production guidance as a negative impact of 6 MMcfe per day.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
QSR:GR €0.17 EUR -0.038

QSR Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Comstock Resources Inc $7.01 USD -0.20
Northern Oil and Gas Inc $6.16 USD -0.18
Penn Virginia Corp $6.56 USD -0.14
Swift Energy Co $4.47 USD -0.06
Triangle Petroleum Corp $5.74 USD -0.41
View Industry Companies
 

Industry Analysis

QSR

Industry Average

Valuation QSR Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.1x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact QUICKSILVER RESOURCES INC, please visit www.qrinc.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.