Here’s some information about Quicksilver Resources and how to find related information on Google Finance, formatted in HTML:
Quicksilver Resources, Inc. was an independent energy company primarily focused on the exploration, development, production, and acquisition of natural gas and crude oil properties. Notably, the company concentrated its efforts on unconventional reservoirs, particularly shale gas formations.
Historically, Quicksilver’s main operating areas included the Barnett Shale in North Texas, the Fort Worth Basin, and other emerging shale plays. They employed advanced drilling and completion techniques to extract resources from these challenging formations.
However, Quicksilver Resources filed for bankruptcy in 2015. A major contributing factor was the significant debt burden the company accumulated during periods of rapid expansion, coupled with the subsequent decline in natural gas prices. The company underwent restructuring efforts but ultimately ceased operations as a public entity.
Finding Information on Google Finance (and what to expect):
While Quicksilver Resources no longer trades publicly, you might still find remnants of its historical financial data on Google Finance. Here’s how to search and what you can realistically expect to see:
- Search: Go to Google Finance (finance.google.com) and type “Quicksilver Resources” or its ticker symbol (KWK – Note: this ticker is likely inactive and may be reassigned) into the search bar.
- Historical Data: If available, Google Finance might display a historical chart of Quicksilver’s stock price performance during its time as a publicly traded company. You can adjust the date range to view different periods.
- Financial Statements: Access to archived financial statements (balance sheets, income statements, cash flow statements) may be limited or unavailable. If present, be aware that these are historical and do not reflect the current state of the company.
- News Articles: You might find news articles related to Quicksilver Resources, including coverage of its bankruptcy, restructuring, and eventual liquidation. These articles can provide context and insights into the company’s history.
Important Considerations:
- Delisted Stock: Because Quicksilver Resources is no longer a publicly traded company, you cannot buy or sell its stock. Any displayed stock price is purely historical.
- Information Accuracy: Data presented on Google Finance, especially for defunct companies, may not be perfectly complete or up-to-date. Treat the information as archival rather than a current investment resource.
- Alternative Sources: For more in-depth research on Quicksilver’s bankruptcy proceedings or historical performance, you might need to consult legal databases, regulatory filings (SEC archives), and business news archives.
In summary, while Google Finance can provide a glimpse into the past performance of Quicksilver Resources, it’s crucial to understand that the company no longer exists as a publicly traded entity. Treat any information you find as historical context rather than as a basis for current investment decisions.