Dallas, Texas 02/25/2014 (FINANCIALSTRENDS) – Quicksilver Resources Inc(NYSE:KWK) , according to industry experts and keen investors is a stock on the rebound. Found to be one of the better asset-holders in the long list of American browser-indexed oil and natural gas exploration. KWK is now on the path to make the rebuilding the empire it once was.
Quicksilver Resources Inc(NYSE:KWK) is breaking out, based on the high upside possible.
The once private for well over three decades, before it made the cut to become listed on the NYSE, this company has been on a war footing to regroup and rebuild. The company has seen much management as well as commitment in bringing about growth changes in the company. The drop in debt load as well as the increase in the number of relationships it held over the years has proved to be one of the most important points at which the company is expected to see higher profits and the slow turn around happen.
Quicksilver Resources Inc(NYSE:KWK), in many as has been seeing several records being set in the sector it has been operation. The first of these is the build in the consumption rate of natural gas. This accounts to 17.6% in the past year. Interestingly, the future in natural gas appears to be hugely promising considering the fact that it is up by 10% and companies in the league of Quicksilver Resources Inc(NYSE:KWK)as well as Cheaspeake Energy Cor are in a position to seek out these positions. The cycle forward for this has already commenced. It is also possible that the company may also see that the prices for natural gas are now depressed and the future is also possible with the net growth potential.
Quicksilver Resources Inc(NYSE:KWK) has in the past month, enjoyed some quick insider selling as well. It was found that the intention of the sale was to conform with tax and regulatory requirements and not in the same league as hedge funding indicators.