6 Aug 2014quarterly activities report● Neutral
QUICKSILVER RESOURCES INC reported quarterly revenue of $163.5 million and net income of $23.8 million for the period ended 2014-09-30.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
5 Aug 2014quarterly activities report● Neutral
QUICKSILVER RESOURCES INC reported quarterly revenue of $163.5 million and net income of $23.8 million for the period ended 2014-09-30.
29 July 2014securities registration● Neutral
QUICKSILVER RESOURCES INC registered a securities offering with the SEC using its shelf eligibility.
20 May 2014agm notice● Neutral
QUICKSILVER RESOURCES INC shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
12 May 2014quarterly activities report▼ Bad
QUICKSILVER RESOURCES INC reported quarterly revenue of $118.0 million and a net loss of $36.1 million for the period ended 2014-06-30.
9 May 2014substantial holder notice● Neutral
SPO Partners II, L.P, SPO Advisory Partners, L.P, San Francisco Partners, L.P, SF Advisory Partners, L.P, SPO Advisory Corp, John H. Scully, Edward H. McDermott, Eli J. Weinberg reported a QUICKSILVER RESOURCES INC shareholding of 17,655,054 shares (9.96% of votes) in a periodic institutional filing.
8 May 2014substantial holder notice● Neutral
SPO Partners II, L.P, SPO Advisory Partners, L.P, San Francisco Partners, L.P, SF Advisory Partners, L.P, SPO Advisory Corp, John H. Scully, Edward H. McDermott, Eli J. Weinberg disclosed a new substantial QUICKSILVER RESOURCES INC shareholding (10.60% of votes).
8 May 2014substantial holder notice● Neutral
SPO Partners II, L.P, SPO Advisory Partners, L.P, San Francisco Partners, L.P, SF Advisory Partners, L.P, SPO Advisory Corp, John H. Scully, Edward H. McDermott, Eli J. Weinberg reported a QUICKSILVER RESOURCES INC shareholding of 18,805,054 shares (10.60% of votes) in a periodic institutional filing.
6 May 2014quarterly activities report▼ Bad
QUICKSILVER RESOURCES INC reported quarterly revenue of $118.0 million and a net loss of $36.1 million for the period ended 2014-06-30.
2 May 2014securities registration● Neutral
QUICKSILVER RESOURCES INC filed the final prospectus for a registered offering.
1 Apr 2014business combination● Neutral
Quicksilver filed a registration statement offering to swap up to $325 million of its existing 11.000% Senior Notes due 2021 for new notes with identical terms, except that the new notes are registered with the SEC and carry no transfer restrictions. The filing states the terms are identical in all material respects; it does not raise new money or change the interest rate, and it continues the company's 11% notes issued in 2013. The text shown also reports 2013 revenue of $561.6 million, net income of $161.6 million, and proved reserves of about 1.3 Tcfe.
21 Mar 2014material agreement▼ BadMajor
Quicksilver and KKR's affiliate amended the Fortune Creek agreements, extending Quicksilver's remaining capital-spending deadline to the earlier of June 30, 2016 or 12 months after a Horn River transaction. A C$28 million contribution cut its gathering fees, and KKR's affiliate no longer had to fund the proposed treatment facility.
14 Mar 2014quarterly activities report▼ Bad
QUICKSILVER RESOURCES INC reported quarterly revenue of $91.8 million and a net loss of $58.8 million for the period ended 2014-03-31.
14 Feb 2014substantial holder notice● Neutral
Mount Kellett Capital Management LP disclosed a new substantial QUICKSILVER RESOURCES INC shareholding (6.00% of votes).
18 Nov 2013material agreement▼ BadMajor
Quicksilver's lenders again eased its interest-coverage covenant -- down to 1.10x through mid-2014 -- while holding the borrowing base at $350 million, the latest in a string of covenant relief as the company worked through its debt load.
6 Nov 2013quarterly activities report▼ Bad
QUICKSILVER RESOURCES INC reported quarterly revenue of $114.2 million and a net loss of $31.8 million for the period ended 2013-12-31.
5 Nov 2013quarterly activities report▼ Bad
QUICKSILVER RESOURCES INC reported quarterly revenue of $114.2 million and a net loss of $31.8 million for the period ended 2013-12-31.
10 Oct 2013substantial holder notice● Neutral
Southeastern Asset Management, Inc. I.D. No, Longleaf Partners Small-Cap Fund I.D. No, O. Mason Hawkins I.D. No. XXX-XX-XXXX reported no remaining QUICKSILVER RESOURCES INC shareholding in its periodic institutional filing.
10 Sept 2013substantial holder notice● Neutral
Southeastern Asset Management, Inc. I.D. No, Longleaf Partners Small-Cap Fund I.D. No, O. Mason Hawkins I.D. No. XXX-XX-XXXX reported a QUICKSILVER RESOURCES INC shareholding of 9,470,612 shares (5.30% of votes) in a periodic institutional filing.
8 Aug 2013quarterly activities report● Neutral
QUICKSILVER RESOURCES INC reported quarterly revenue of $153.1 million and net income of $10.6 million for the period ended 2013-09-30.
6 Aug 2013quarterly activities report● Neutral
QUICKSILVER RESOURCES INC reported quarterly revenue of $153.1 million and net income of $10.6 million for the period ended 2013-09-30.
5 Aug 2013material agreement termination▼ BadMajor
NOVA Gas Transmission terminated the Horn River pipeline agreement (the Komie North Project) after failing to get the regulatory approval it needed, ending Quicksilver's British Columbia pipeline growth plan; Quicksilver's C$14 million in letters of credit would be released once it paid NGTL's roughly $12.8 million in incurred costs.
21 June 2013debt financing▼ BadMajor
Quicksilver entered a $625 million second-lien term loan with Credit Suisse, issued $325 million of 11% senior notes due 2021 and $200 million of second-lien floating-rate notes due 2019. The money was to refinance its 2015 and 2016 senior notes.
12 June 2013material agreement▼ BadMajor
Quicksilver priced $325 million of new 11% Senior Notes due 2021 and $200 million of second-lien floating-rate notes due 2019 -- yet more expensive debt -- to fund tender offers and covenant-stripping consent solicitations on its 2015, 2016 and 2016-subordinated notes; 88.7%-98.6% of holders tendered, but the tender for the 2016 Subordinated Notes failed to meet its conditions and was terminated, a sign the refinancing wasn't going entirely to plan.
7 June 2013substantial holder notice● Neutral
BlackRock, Inc reported a QUICKSILVER RESOURCES INC shareholding of 6,849,618 shares (3.88% of votes) in a periodic institutional filing.
29 May 2013quarterly activities report● Neutral
QUICKSILVER RESOURCES INC reported quarterly revenue of $175.5 million and net income of $242.5 million for the period ended 2013-06-30.
13 May 2013quarterly activities report● Neutral
QUICKSILVER RESOURCES INC reported quarterly revenue of $175.5 million and net income of $242.5 million for the period ended 2013-06-30.
13 May 2013late filing notice▼ Bad
QUICKSILVER RESOURCES INC notified the SEC that its quarterly report would be filed late.
7 May 2013quarterly activities report● Neutral
QUICKSILVER RESOURCES INC reported quarterly revenue of $175.5 million and net income of $242.5 million for the period ended 2013-06-30.
6 May 2013asset acquisition disposition● NeutralMajor
Quicksilver closed the sale of 25% of its Barnett Shale assets to Tokyo Gas's TG Barnett Resources, collecting net cash proceeds of $463.4 million.