Quicksilver Resources Inc. (KWK) reported third-quarter net income of $0.7 million or breakeven per share, compared to a net loss of $3.8 million or $0.02 per share in the prior-year period.
Adjusted net income for the quarter was $42.7 million or $0.25 per share, compared to adjusted net income of $69.8 million or $0.40 per share in the 2008 period. Analysts polled by Thomson Reuters expected the company to report earnings of $0.22 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues for the quarter were $206.66 million, down from $236.26 million in the prior year quarter. Fourteen analysts had consensus revenue estimate of $206.01 million for the quarter for the quarter.
Fourth-quarter 2009 production volumes are expected to average in the range of 330 MMcfe to 340 MMcfe per day.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.