On 10 JUNE Quicksilver Resources Inc (NYSE:KWK) reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by $0.02. The company had revenue of $91.79 million for the quarter, compared to the consensus estimate of $105.26 million. During the same quarter in the previous year, the company posted ($0.04) earnings per share. The company’s revenue for the quarter was up NaN% on a year-over-year basis. On average, analysts predict that Quicksilver Resources will post $-0.30 earnings per share for the current fiscal year. Quicksilver Resources Inc (NYSE:KWK) net profit margin is 18.40% and weekly performance is 5.69%. On last trading day company shares ended up $2.60. Analysts mean target price for the company is $3.75. Quicksilver Resources Inc (NYSE:KWK) distance from 50-day simple moving average (SMA50) is -4.31%.
On 2 JUNE Forest Oil Corporation (NYSE:FST) said that Forest Oil Corporation (NYSE:FST) and Sabine Oil and Gas LLC will be entering into all stock merger agreement to combine their businesses and form a larger company. Forest Oil Corporation (NYSE:FST) shares advanced 14.43% in last trading session and ended the day on $2.30. FST Gross Margin is 79.10% and its return on assets is 7.90%. Forest Oil Corporation (NYSE:FST) quarterly performance is 25.68%.
On 16 JUNE Gastar Exploration Inc (NYSEMKT:GST) reported that it has reached total depth on the vertical pilot hole for its first Utica/Point Pleasant well in Marshall County, West Virginia. The Simms5-UH well was drilled to a total depth of 11,410 feet and encountered approximately 92 net feet of pay in the Point Pleasant formation with measured porosities up to 17%. Gastar Exploration Inc (NYSEMKT: GST) expects estimated formation pressures to be approximately 9,400 psi upon completion of the well. Gastar Exploration Inc (NYSEMKT: GST) shares moved up 5.02% in last trading session and was closed at $7.95, while trading in range of $7.44 – $8.14. Gastar Exploration Inc (NYSEMKT: GST) year to date (YTD) performance is 14.88%.
On 11 JUNE Enservco Corp (NYSEMKT: ENSV) reported $0.11 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.13 by $0.02. Analysts expect that Enservco Corp will post $0.25 EPS for the current fiscal year. Enservco Corp (NYSEMKT: ENSV) ended the last trading day at $3.05. Company weekly volatility is calculated as 8.58% and price to cash ratio as 101.40. Enservco Corp (NYSEMKT: ENSV) showed a positive weekly performance of 5.90%.
Saratoga Resources, Inc. (NYSEMKT:SARA) said it provided an operations update pertaining to handling capacity upgrades in Breton Sound 32 Field and recompletion of the Company’s SL 195QQ #25 well in Main Pass 47 Field. Saratoga Resources, Inc. (NYSEMKT: SARA) net profit margin is -55.60% and weekly performance is 7.69%. On last trading day company shares ended up $1.96. Analysts mean target price for the company is $3.75. Saratoga Resources, Inc. (NYSEMKT: SARA) distance from 50-day simple moving average (SMA50) is 43.65%.