Equity Research on Quicksilver Resources Inc. and Apache Corp. - Independent Oil and Gas Companies Facing Trying Times
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 06/04/12 -- has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Independent Oil & Gas industry and are offering free analytical research on (NYSE: KWK) and (NYSE: APA). Register with us today at to have free access to these research reports.
Several companies in the independent oil and gas industry have been posting lackluster numbers as of late, due to a number of headwinds. One major challenge facing the industry and companies such as Quicksilver Resources Inc. and Apache Corp. has been declining energy prices. Oil prices have fallen due in part to the possibility of a slowdown in China, as well as continued problems stemming from the Eurozone crisis. Natural gas prices have also been depressed, as the large influx of supply due to new drilling techniques has led to a domestic glut. Get your free reports on and at . There is no commitment to join.
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These factors have been influencing recent quarterly reports, with some companies posting losses on the back of low energy prices. Quicksilver falls into this category, as in its 1st quarter it reported a net loss of $60 million. The company cited lower average natural gas prices as one of the reasons behind the results. report is accessible for free by registering today at .
Apache recently contributed some positive news to the industry, reporting that an extension well drilled in the Beryl Field, located in the U.K. North Sea, had the highest initial production levels seen at the site in over ten years. report is accessible for free by registering today at .
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Datum: 04.06.2012 - 12:05 Uhr
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