Halcón Resources Corporation, an independent energy company, engages in the acquisition, production, exploration, and development of onshore oil and natural gas assets in the United States. As of February 28, 2018, the company held interests in 21,679 net acres in the Monument Draw area of the Delaware Basin, located in Pecos and Reeves Counties, Texas; and 27,035 net acres in the Hackberry Draw area of the Delaware Basin, located in Pecos and Reeves Counties, Texas. As of December 31, 2017, it had estimated proved reserves of approximately 51.1 million barrels of oil equivalent comprising 34.1 million barrels of crude oil, 9.2 million barrels of natural gas liquids, and 46.7 0billion cubic feet of natural gas. The company was formerly known as RAM Energy Resources, Inc. and changed its name to Halcón Resources Corporation in February 2012. Halcón Resources Corporation was founded in 1987 and is headquartered in Houston, Texas.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
Current SymbolNYSE:HK
Previous Symbol
CUSIP40537Q20
Phone832-538-0300
Debt
Debt-to-Equity Ratio0.64
Current Ratio0.33
Quick Ratio0.33
Price-To-Earnings
Trailing P/E Ratio-17.07
Forward P/E Ratio-64.00
P/E GrowthN/A
Sales & Book Value
Annual Sales$377.96 million
Price / Sales1.09
Cash Flow$0.6368 per share
Price / Cash Flow4.02
Book Value$7.17 per share
Price / Book0.36
Profitability
EPS (Most Recent Fiscal Year)($0.15)
Net Income$535.68 million
Net Margins-101.20%
Return on Equity-1.05%
Return on Assets-0.61%
Miscellaneous
Employees119
Outstanding Shares160,670,000
Market Cap$411.31 million
OptionableOptionable
Halcon Resources (NYSE:HK) Frequently Asked Questions
What is Halcon Resources' stock symbol?
Halcon Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "HK."
When did Halcon Resources' stock split? How did Halcon Resources' stock split work?
Halcon Resources shares reverse split on Tuesday, January 5th 2016. The 1-5 reverse split was announced on Wednesday, December 16th 2015. The number of shares owned by shareholders was adjusted after the market closes on Monday, January 4th 2016. An investor that had 100 shares of Halcon Resources stock prior to the reverse split would have 20 shares after the split.
How were Halcon Resources' earnings last quarter?
Halcon Resources Corp (NYSE:HK) posted its quarterly earnings data on Wednesday, November, 7th. The energy company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by $0.01. The energy company had revenue of $61.60 million for the quarter, compared to analyst estimates of $58.33 million. Halcon Resources had a negative net margin of 101.20% and a negative return on equity of 1.05%. Halcon Resources's revenue was down 36.5% on a year-over-year basis. During the same period last year, the business posted ($0.06) earnings per share. View Halcon Resources' Earnings History.
When is Halcon Resources' next earnings date?
What price target have analysts set for HK?
5 brokers have issued 12-month price objectives for Halcon Resources' shares. Their predictions range from $6.00 to $13.00. On average, they expect Halcon Resources' share price to reach $8.20 in the next year. This suggests a possible upside of 220.3% from the stock's current price. View Analyst Price Targets for Halcon Resources.
What is the consensus analysts' recommendation for Halcon Resources?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Halcon Resources in the last year. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Halcon Resources.
Has Halcon Resources been receiving favorable news coverage?
News headlines about HK stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Halcon Resources earned a daily sentiment score of 0.8 on InfoTrie's scale. They also gave news stories about the energy company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future.
Who are some of Halcon Resources' key competitors?
Some companies that are related to Halcon Resources include Tellurian (TELL), Gulfport Energy (GPOR), Carrizo Oil & Gas (CRZO), Enbridge Energy Management (EEQ), Laredo Petroleum (LPI), California Resources (CRC), Talos Energy (TALO), Denbury Resources (DNR), Unit (UNT), Berry Petroleum (BRY), Extraction Oil & Gas (XOG), Penn Virginia (PVAC), GeoPark (GPRK), GENEL ENERGY PL/ADR (GEGYY) and Comstock Resources (CRK).
Who are Halcon Resources' key executives?
Halcon Resources' management team includes the folowing people:
- Mr. Floyd C. Wilson, Chairman, CEO & Pres (Age 71)
- Mr. Mark J. Mize, Exec. VP, CFO & Treasurer (Age 46)
- Mr. Jon C. Wright, Exec. VP & COO (Age 48)
- Mr. David S. Elkouri, Exec. VP & Chief Legal Officer (Age 64)
- Mr. Stephen W. Herod, Exec. VP of Corp. Devel. (Age 59)
Who are Halcon Resources' major shareholders?
Halcon Resources' stock is owned by many different of retail and institutional investors. Top institutional investors include Wilks Brothers LLC (9.43%), Vanguard Group Inc. (4.14%), Dimensional Fund Advisors LP (3.91%), BlueMountain Capital Management LLC (3.65%), JPMorgan Chase & Co. (2.48%) and JPMorgan Chase & Co. (2.48%). Company insiders that own Halcon Resources stock include Ares Management Llc, Darryl Schall, David S Elkouri, Floyd C Wilson, Franklin Resources Inc, Jon C Wright, Leah R Kasparek, Sylvia K Barnes and Thomas R Fuller. View Institutional Ownership Trends for Halcon Resources.
Which institutional investors are selling Halcon Resources stock?
HK stock was sold by a variety of institutional investors in the last quarter, including BlueMountain Capital Management LLC, Man Group plc, Sanders Morris Harris LLC, Vanguard Group Inc., Akanthos Capital Management LLC, William Blair Investment Management LLC, Paloma Partners Management Co and Mackenzie Financial Corp. Company insiders that have sold Halcon Resources company stock in the last year include Ares Management Llc, David S Elkouri, Franklin Resources Inc, Leah R Kasparek and Thomas R Fuller. View Insider Buying and Selling for Halcon Resources.
Which institutional investors are buying Halcon Resources stock?
HK stock was acquired by a variety of institutional investors in the last quarter, including Wilks Brothers LLC, Walthausen & Co. LLC, Selz Capital LLC, Luminus Management LLC, Dimensional Fund Advisors LP, Meghalaya Partners L.P., JPMorgan Chase & Co. and JPMorgan Chase & Co.. Company insiders that have bought Halcon Resources stock in the last two years include Ares Management Llc, Darryl Schall, Floyd C Wilson and Sylvia K Barnes. View Insider Buying and Selling for Halcon Resources.
How do I buy shares of Halcon Resources?
Shares of HK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Halcon Resources' stock price today?
One share of HK stock can currently be purchased for approximately $2.56.
How big of a company is Halcon Resources?
Halcon Resources has a market capitalization of $411.31 million and generates $377.96 million in revenue each year. The energy company earns $535.68 million in net income (profit) each year or ($0.15) on an earnings per share basis. Halcon Resources employs 119 workers across the globe.
What is Halcon Resources' official website?
How can I contact Halcon Resources?
Halcon Resources' mailing address is 1000 LOUISIANA STREET SUITE 1500, HOUSTON TX, 77002. The energy company can be reached via phone at 832-538-0300 or via email at [email protected]
MarketBeat Community Rating for Halcon Resources (NYSE HK)
MarketBeat's community ratings are surveys of what our community members think about Halcon Resources and other stocks. Vote "Outperform" if you believe HK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HK will underperform the S&P 500 over the long term. You may vote once every thirty days.
