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3 Stocks Crushed by the Market This Week

Overall, it was a quiet week for the market, as it barely budged. However, several energy stocks ran out of gas as shares of Quicksilver Resources (NASDAQOTH: KWKAQ  ) , Phillips 66 Partners (NYSE: PSXP  ) , and Ultra Petroleum (NYSE: UPL  ) all took a plunge this week.

UPL Chart

UPL data by YCharts.

While share prices of these stocks all took rather large plunges, the news that caused the dives wasn't all that big. In fact, Quicksilver Resources' big plunge was fueled largely by rumors. Meanwhile, the only company that delivered real news was Ultra Petroleum; however, that news wasn't as big as investors made it out to be.

To better understand why these stocks were crushed by the market this week, I created the following slideshow presentation. It takes a closer look at what caused the crushing blows to Quicksilver Resources, Phillips 66 Partners, and Ultra Petroleum, and it points out which stock is likely to recover the quickest from its dive.

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Matt DiLallo

Matthew is a Senior Energy and Materials Specialist with The Motley Fool. He graduated from the Liberty University with a degree in Biblical Studies and a Masters of Business Administration. You can follow him on Twitter for the latest news and analysis of the energy and materials industries:

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Related Tickers

9/4/2015 3:16 PM
KWKAQ $0.03 Up +0.00 +7.69%
Quicksilver Resour… CAPS Rating: ***
PSXP $56.45 Down -1.17 -2.03%
UPL $7.33 Down -0.44 -5.66%
Ultra Petroleum CAPS Rating: ****