Quicksilver Resources Inc (KWK) Downgraded by Barclays Capital (BCS) to "Equal Weight"

Equities research analysts at Barclays Capital (NYSE: BCS) downgraded shares of

Quicksilver Resources Inc (NYSE: KWK) from an "overweight" rating to an "equal

weight" rating in a research note to investors on Wednesday. The analysts currently

have a $16.00 price target on the stock.

Separately, analysts at BMO Capital Markets upgraded shares of Quicksilver Resources

Inc from a "market perform" rating to an "outperform" rating in a research note to

investors on Tuesday. Also, analysts at Zacks Investment Research reiterated a

"neutral" rating on shares of Quicksilver Resources Inc in a research note to

investors on Wednesday, January 19th. They now have a $16.00 price target on the

stock.

Shares of Quicksilver Resources Inc traded down 0.76% during mid-day trading on

Thursday, hitting $13.695. Quicksilver Resources Inc has a 52 week low of $10.53 and

a 52 week high of $15.98. The stock's 50-day moving average is $14.52 and its 200-

day moving average is $14.42. The company has a market cap of $2.343 billion and a

price-to-earnings ratio of 5.64.

Quicksilver Resources Inc last announced its quarterly results on Monday, February

28th. The company reported $0.18 earnings per share (EPS) for the previous quarter,

beating the Thomson Reuters consensus estimate of $0.15 EPS by $0.03. During the

same quarter in the prior year, the company posted $0.27 earnings per share. The

company's quarterly revenue was up 2.5% on a year-over-year basis. On average,

analysts predict that Quicksilver Resources Inc will post $0.04 EPS next quarter.

Quicksilver Resources Inc. (Quicksilver) is an independent energy company. The

Company is primarily engaged in exploration, development and production of

unconventional natural gas onshore in North America. Quicksilver owns producing oil

and natural gas properties in the United States, principally in Texas, Colorado,

Wyoming and Montana, and Canada in Alberta and British Columbia. As of December 31,

2009, it had total proved reserves of approximately 2.4 trillion cubic feet

equivalents (Tcfe) of natural gas. Quicksilver also has exploration activities in

North America, principally in the Horn River Basin of Northeast British Columbia and

the Green River Basin of Colorado. It also owns approximately 61% of Quicksilver Gas

Services LP (KGS), a midstream master limited partnership controlled by Quicksilver.

It owns approximately 40% of the limited partner units of BreitBurn Energy Partners

L.P. (BBEP), an oil and natural gas exploration and production master limited

partnership.