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
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
Phone832-538-0300
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$377.96 million
Profitability
Miscellaneous
Employees119
Next Earnings Date2/27/2019 (Estimated)
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?
Shares of Halcon Resources reverse split before market open 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) announced its earnings results on Wednesday, May, 2nd. The energy company reported ($0.06) EPS for the quarter, missing the consensus estimate of ($0.03) by $0.03. The energy company earned $49.30 million during the quarter, compared to the consensus estimate of $44.34 million. Halcon Resources had a negative net margin of 101.20% and a negative return on equity of 1.05%. Halcon Resources's revenue for the quarter was down 63.6% on a year-over-year basis. During the same period in the previous year, the business earned $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?
8 Wall Street analysts have issued 1 year price targets for Halcon Resources' stock. Their forecasts range from $3.00 to $10.00. On average, they expect Halcon Resources' share price to reach $5.25 in the next year. This suggests a possible upside of 203.5% from the stock's current price. View Analyst Price Targets for Halcon Resources.
What is the consensus analysts' recommendation for Halcon Resources?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Halcon Resources in the last year. There are currently 3 sell ratings, 2 hold ratings 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 trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Halcon Resources earned a coverage optimism score of 1.7 on InfoTrie's scale. They also assigned news headlines about the energy company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days.
Are investors shorting Halcon Resources?
Halcon Resources saw a drop in short interest in the month of January. As of January 31st, there was short interest totalling 31,933,149 shares, a drop of 10.1% from the January 15th total of 35,518,879 shares. Based on an average daily trading volume, of 3,441,234 shares, the days-to-cover ratio is presently 9.3 days. Currently, 21.8% of the company's shares are short sold. View Halcon Resources' Current Options Chain.
Who are some of Halcon Resources' key competitors?
Some companies that are related to Halcon Resources include Carrizo Oil & Gas (CRZO), Enbridge Energy Management (EEQ), California Resources (CRC), Denbury Resources (DNR), Berry Petroleum (BRY), Unit (UNT), GENEL ENERGY PL/ADR (GEGYY), Penn Virginia (PVAC), Laredo Petroleum (LPI), Resolute Energy (REN), Comstock Resources (CRK), W&T Offshore (WTI), Extraction Oil & Gas (XOG), Dorchester Minerals (DMLP) and Hess Midstream Partners (HESM).
What other stocks do shareholders of Halcon Resources own?
Who are Halcon Resources' key executives?
Halcon Resources' management team includes the folowing people:
- Mr. Floyd C. Wilson, Chairman, CEO & Pres (Age 72)
- Mr. Mark J. Mize, Exec. VP, CFO & Treasurer (Age 47)
- Mr. Jon C. Wright, Exec. VP & COO (Age 49)
- Mr. David S. Elkouri, Exec. VP & Chief Legal Officer (Age 65)
- Mr. Stephen W. Herod, Exec. VP of Corp. Devel. (Age 60)
Who are Halcon Resources' major shareholders?
Halcon Resources' stock is owned by many different of retail and institutional investors. Top institutional investors include Oaktree Capital Management LP (7.16%), Oaktree Capital Management LP (7.16%), BlackRock Inc. (6.03%), Dimensional Fund Advisors LP (5.08%), LSP Investment Advisors LLC (5.00%) and Meghalaya Partners L.P. (1.91%). Company insiders that own Halcon Resources stock include Ares Management Llc, Darryl Schall, David S Elkouri, Floyd C Wilson, Franklin Resources Inc, 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 Millennium Management LLC, Tyrus Capital S.A.M., BlackRock Inc., Walthausen & Co. LLC, Northern Trust Corp, Bank of New York Mellon Corp, Sanders Morris Harris LLC and Meghalaya Partners L.P.. Company insiders that have sold Halcon Resources company stock in the last year include Ares Management Llc, David S Elkouri, 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 purchased by a variety of institutional investors in the last quarter, including Oaktree Capital Management LP, Oaktree Capital Management LP, LSP Investment Advisors LLC, Dimensional Fund Advisors LP, Paloma Partners Management Co, Citigroup Inc., Sound Point Capital Management LP and RBF Capital LLC. 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 $1.73.
How big of a company is Halcon Resources?
Halcon Resources has a market capitalization of $277.96 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.
