KWK unfortunately has debt of over $2 billion and producing properties are worth maybe billion $. Who wants Canadian gas, like trying to sell bags of sand at the beach. Seems to me their fate is fairly obvious, with NG in the $3s, a sharp increase would bail them, but I don't see it. Probably goes to a dollar.
Why don't you take a look at CLNE energy's balance sheet. CLNE by all acunts is considered to be a best of breed in the nat gas arena. KWK is technically reversing and by all means warrants a higher market cap than what you see today . Resistance @ the 5 day of 1.96 .. 30% short interest ='s 11 days to cover and when the technicals come together it's go time , As we saw today .. Go KWK