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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.