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
Interested in more info on Quicksilver Resources? Add it to your watchlist by clicking here.