KWK hit almost a 12 year low Friday 2/1/13. Ripe to buy?
I think KWK needs new management. They can monetize the Barnett to pay down debt...but they still need billions to develop the Horn River, the Permian, the Niobrara....KWK, like so many other E&Ps is resource rich and cash poor.
If gas makes any sort of decent upturn to $4.50/mcf, KWK becomes a very interesting take over target.