Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of Quicksilver Resources
So what: With natural gas prices as low as they are, management has decided to cut capital spending in 2012 to $370 million, from $696 million in 2011, of which $108 million will be focused on liquid rich land in the Fort Worth Basin. The goal is to keep natural gas production flat for 2012.
Now what: This shouldn't come as a large shock since bigger players, like Chesapeake Energy
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Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.
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