Halcon Resources Corporation Company Profile (NYSE:HK)

About Halcon Resources Corporation (NYSE:HK)

Halcon Resources Corporation logoHalcon Resources Corporation is an independent energy company focused on the acquisition, production, exploration and development of onshore liquids-rich oil and natural gas assets in the United States. The Company's estimated total proved oil and natural gas reserves are approximately 146.8 million barrels of oil equivalent (MMBoe), consisting of over 120.7 million barrels of oil (MMBbls), approximately 13.0 MMBbls of natural gas liquids and over 78.4 billion cubic feet (Bcf) of natural gas. The Company's oil and natural gas assets consist of undeveloped acreage positions in unconventional liquids-rich basins/fields. The Company has reserves in its core resource plays of approximately 143.6 MMBoe, of which over 92% are oil and natural gas liquids, and approximately 55% are proved developed. The Company has working interests in approximately 123,000 net acres prospective in the Bakken/Three Forks formations in North Dakota.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Drilling & Exploration
  • Sub-Industry: Oil & Gas Exploration & Production
  • Symbol: NYSE:HK
  • CUSIP: 40537Q20
  • Web: www.halconresources.com
Capitalization:
  • Market Cap: $958.99 million
  • Outstanding Shares: 150,076,000
Average Prices:
  • 50 Day Moving Avg: $6.42
  • 200 Day Moving Avg: $6.26
  • 52 Week Range: $3.68 - $11.29
P/E:
  • Trailing P/E Ratio: 1.50
  • Foreward P/E Ratio: 30.43
  • P/E Growth: -0.32
Sales & Book Value:
  • Annual Revenue: $488.44 million
  • Price / Sales: 1.96
  • Book Value: $5.10 per share
  • Price / Book: 1.25
Profitability:
  • EBITDA: $223.78 million
  • Net Margins: -65.92%
  • Return on Equity: 16.78%
  • Return on Assets: 4.27%
Debt:
  • Debt-to-Equity Ratio: 1.49%
  • Current Ratio: 0.69%
  • Quick Ratio: 0.69%
Misc:
  • Average Volume: 2.82 million shs.
  • Beta: 3.99
  • Short Ratio: 2.6
 

Frequently Asked Questions for Halcon Resources Corporation (NYSE:HK)

What is Halcon Resources Corporation's stock symbol?

Halcon Resources Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "HK."

When did Halcon Resources Corporation's stock split? How did Halcon Resources Corporation's stock split work?

Halcon Resources Corporation 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 closing bell on Monday, January 4th 2016. An investor that had 100 shares of Halcon Resources Corporation stock prior to the reverse split would have 20 shares after the split.

How were Halcon Resources Corporation's earnings last quarter?

Halcon Resources Corporation (NYSE:HK) released its earnings results on Wednesday, May, 3rd. The company reported $0.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.03 by $0.03. The business had revenue of $135.60 million for the quarter, compared to the consensus estimate of $144.13 million. Halcon Resources Corporation had a negative net margin of 65.92% and a positive return on equity of 16.78%. View Halcon Resources Corporation's Earnings History.

When will Halcon Resources Corporation make its next earnings announcement?

Halcon Resources Corporation is scheduled to release their next quarterly earnings announcement on Thursday, November, 9th 2017. View Earnings Estimates for Halcon Resources Corporation.

Where is Halcon Resources Corporation's stock going? Where will Halcon Resources Corporation's stock price be in 2017?

10 analysts have issued 12-month price targets for Halcon Resources Corporation's stock. Their predictions range from $8.00 to $12.00. On average, they expect Halcon Resources Corporation's share price to reach $10.00 in the next year. View Analyst Ratings for Halcon Resources Corporation.

Who are some of Halcon Resources Corporation's key competitors?

How do I buy Halcon Resources Corporation stock?

Shares of Halcon Resources Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Halcon Resources Corporation's stock price today?

One share of Halcon Resources Corporation stock can currently be purchased for approximately $6.39.


MarketBeat Community Rating for Halcon Resources Corporation (NYSE HK)
Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  309 (Vote Outperform)
Underperform Votes:  445 (Vote Underperform)
Total Votes:  754
MarketBeat's community ratings are surveys of what our community members think about Halcon Resources Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Halcon Resources Corporation (NYSE:HK) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 8 Buy Ratings
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: $10.00 (56.49% upside)
Consensus Price Target History for Halcon Resources Corporation (NYSE:HK)
Price Target History for Halcon Resources Corporation (NYSE:HK)
Analysts' Ratings History for Halcon Resources Corporation (NYSE:HK)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/20/2017Roth CapitalSet Price TargetBuy$9.00N/AView Rating Details
10/18/2017Johnson RiceUpgradeAccumulate -> BuyN/AView Rating Details
10/17/2017Seaport Global SecuritiesUpgradeNeutral -> Buy$7.00 -> $8.00N/AView Rating Details
10/16/2017Bank of America CorporationInitiated CoverageNeutralN/AView Rating Details
8/1/2017Imperial CapitalInitiated CoverageOutperform -> Outperform$9.00LowView Rating Details
7/13/2017Barclays PLCUpgradeUnderweight -> Equal Weight$5.00 -> $8.00LowView Rating Details
5/16/2017ScotiabankSet Price TargetBuy$12.00LowView Rating Details
1/25/2017Capital One Financial CorporationUpgradeEqual Weight -> OverweightN/AView Rating Details
1/25/2017StephensUpgradeEqual Weight -> Overweight$12.00N/AView Rating Details
12/13/2016WunderlichUpgradeHold -> Buy$12.00N/AView Rating Details
8/23/2016Jefferies Group LLCReiterated RatingHoldN/AView Rating Details
3/31/2016Stifel NicolausReiterated RatingSellN/AView Rating Details
12/24/2015SunTrust Banks, Inc.Reiterated RatingNeutral$1.35N/AView Rating Details
11/2/2015FBR & CoReiterated RatingOutperform$7.50 -> $10.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Halcon Resources Corporation (NYSE:HK)
Earnings by Quarter for Halcon Resources Corporation (NYSE:HK)
Earnings History by Quarter for Halcon Resources Corporation (NYSE HK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/9/2017N/AView Earnings Details
5/3/2017Q1 2017$0.03$0.06$144.13 million$135.60 millionViewListenView Earnings Details
2/28/2017Q4 2016$0.50$0.66$210.87 million$130.26 millionViewN/AView Earnings Details
7/28/2016Q2$0.14$0.26$145.25 million$106.15 millionViewN/AView Earnings Details
5/9/2016Q1($0.04)$0.21$185.31 million$81.30 millionViewListenView Earnings Details
2/25/2016Q4$0.23$0.41$251.02 million$116.10 millionViewListenView Earnings Details
11/5/2015Q315$0.01$0.04$209.25 million$129.94 millionViewN/AView Earnings Details
7/30/2015Q2($0.02)$0.02$202.81 million$168.02 millionViewListenView Earnings Details
5/5/2015Q115($0.02)($0.04)$227.61 million$136.20 millionViewListenView Earnings Details
11/10/2014Q314$0.06$0.03$317.70 million$306.50 millionViewListenView Earnings Details
5/7/2014Q114$0.02$0.03$256.14 million$275.10 millionViewN/AView Earnings Details
2/26/2014Q413$0.04$0.01$290.09 million$289.30 millionViewN/AView Earnings Details
11/5/2013Q313$0.07$0.04$258.36 million$305.00 millionViewListenView Earnings Details
8/1/2013Q2 2013$0.06$0.08$208.55 million$214.30 millionViewN/AView Earnings Details
5/2/2013Q1 2013$0.06$0.05$196.95 million$190.70 millionViewN/AView Earnings Details
2/28/2013Q4 2012$0.02$0.02$115.71 million$124.65 millionViewN/AView Earnings Details
11/8/2012Q312($0.01)$72.53 million$73.10 millionViewN/AView Earnings Details
8/3/2011$0.21$0.34ViewN/AView Earnings Details
5/5/2011$0.14$0.15ViewN/AView Earnings Details
2/22/2011$0.15$0.11ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Halcon Resources Corporation (NYSE:HK)
2017 EPS Consensus Estimate: ($0.47)
2018 EPS Consensus Estimate: $0.24
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174($0.53)$0.05($0.19)
Q2 20176($0.53)$0.11($0.08)
Q3 20176($0.53)$0.14($0.10)
Q4 20176($0.52)$0.19($0.09)
Q1 20181$0.03$0.03$0.03
Q2 20181$0.04$0.04$0.04
Q3 20181$0.08$0.08$0.08
Q4 20181$0.09$0.09$0.09
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Halcon Resources Corporation (NYSE:HK)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Halcon Resources Corporation (NYSE:HK)
Insider Ownership Percentage: 53.90%
Institutional Ownership Percentage: 91.57%
Insider Trades by Quarter for Halcon Resources Corporation (NYSE:HK)
Institutional Ownership by Quarter for Halcon Resources Corporation (NYSE:HK)
Insider Trades by Quarter for Halcon Resources Corporation (NYSE:HK)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/18/2017Franklin Resources IncMajor ShareholderSell1,650,000$6.24$10,296,000.00View SEC Filing  
10/16/2017Franklin Resources IncMajor ShareholderSell350,000$6.03$2,110,500.00View SEC Filing  
10/4/2017Franklin Resources IncMajor ShareholderSell500,000$6.81$3,405,000.00View SEC Filing  
9/29/2017Franklin Resources IncMajor ShareholderSell218,100$6.80$1,483,080.00View SEC Filing  
9/27/2017Franklin Resources IncMajor ShareholderSell175,000$7.07$1,237,250.00View SEC Filing  
9/26/2017Franklin Resources IncMajor ShareholderSell450,000$6.66$2,997,000.00View SEC Filing  
9/25/2017Franklin Resources IncMajor ShareholderSell225,000$6.64$1,494,000.00View SEC Filing  
9/20/2017Franklin Resources IncMajor ShareholderSell515,893$6.44$3,322,350.92View SEC Filing  
9/19/2017Franklin Resources IncMajor ShareholderSell484,429$6.36$3,080,968.44View SEC Filing  
9/18/2017Franklin Resources IncMajor ShareholderSell380,000$6.38$2,424,400.00View SEC Filing  
9/15/2017Franklin Resources IncMajor ShareholderSell830,000$6.43$5,336,900.00View SEC Filing  
9/13/2017Franklin Resources IncMajor ShareholderSell425,000$6.60$2,805,000.00View SEC Filing  
9/12/2017Franklin Resources IncMajor ShareholderSell709,998$6.14$4,359,387.72View SEC Filing  
8/23/2017Franklin Resources IncMajor ShareholderSell423,000$6.11$2,584,530.00View SEC Filing  
8/21/2017Franklin Resources IncMajor ShareholderSell276,900$6.13$1,697,397.00View SEC Filing  
8/17/2017Franklin Resources IncMajor ShareholderSell494,899$6.15$3,043,628.85View SEC Filing  
8/16/2017Franklin Resources IncMajor ShareholderSell284,799$6.10$1,737,273.90View SEC Filing  
8/15/2017Franklin Resources IncMajor ShareholderSell305,201$6.13$1,870,882.13View SEC Filing  
8/4/2017Darryl SchallDirectorBuy10,000$6.25$62,500.00View SEC Filing  
6/14/2017Franklin Resources IncMajor ShareholderSell746,173$6.07$4,529,270.11View SEC Filing  
6/14/2017Sylvia K BarnesDirectorBuy20,000$5.34$106,800.00View SEC Filing  
5/10/2017Franklin Resources IncMajor ShareholderSell31,341$6.73$210,924.93View SEC Filing  
4/7/2017Franklin Resources IncMajor ShareholderSell117,731$7.84$923,011.04View SEC Filing  
12/15/2016Jon C WrightEVPSell10,000$8.60$86,000.00View SEC Filing  
12/8/2016David S ElkouriEVPSell100$8.57$857.00View SEC Filing  
11/21/2016Quentin R HicksSVPSell25$11.09$277.25View SEC Filing  
12/18/2015Charles E Cusack IIICOOBuy100,000$0.26$26,000.00View SEC Filing  
12/18/2015Floyd C WilsonCEOBuy500,000$0.26$130,000.00View SEC Filing  
12/18/2015James W ChristmasDirectorBuy200,000$0.26$52,000.00View SEC Filing  
9/1/2015Charles E Cusack IIICOOBuy50,000$1.05$52,500.00View SEC Filing  
5/29/2015Floyd C WilsonCEOBuy1,000,000$1.03$1,030,000.00View SEC Filing  
12/5/2014Charles E Cusack IIICOOBuy40,000$1.61$64,400.00View SEC Filing  
12/5/2014David S ElkouriEVPBuy50,000$1.67$83,500.00View SEC Filing  
12/5/2014Joseph S Rinando IIICAOBuy20,000$1.73$34,600.00View SEC Filing  
11/28/2014Charles E Cusack IIICOOBuy40,000$2.46$98,400.00View SEC Filing  
11/12/2014Charles E Cusack IIICOOBuy30,000$3.03$90,900.00View SEC Filing  
12/6/2013David HuntDirectorBuy10,000$3.82$38,200.00View SEC Filing  
12/5/2013Charles Cusack IIICOOBuy40,000$3.81$152,400.00View SEC Filing  
12/5/2013Floyd WilsonCEOBuy100,000$4.00$400,000.00View SEC Filing  
12/5/2013Mark MizeCFOBuy50,000$4.00$200,000.00View SEC Filing  
12/5/2013Scott ZuehlkeVPBuy2,500$3.99$9,975.00View SEC Filing  
12/4/2013David ElkouriEVPBuy25,000$3.72$93,000.00View SEC Filing  
12/4/2013Tucker BridwellDirectorBuy10,000$3.80$38,000.00View SEC Filing  
11/22/2013Tina ObutVPBuy5,000$4.11$20,550.00View SEC Filing  
11/19/2013Charles Cusack IIICOOBuy20,000$4.23$84,600.00View SEC Filing  
11/7/2013Charles Cusack IIICOOBuy20,000$4.55$91,000.00View SEC Filing  
11/6/2013Charles Cusack IIICOOBuy20,000$4.75$95,000.00View SEC Filing  
11/6/2013Tina ObutVPBuy5,000$4.67$23,350.00View SEC Filing  
8/21/2013David HuntDirectorBuy50,000$4.73$236,500.00View SEC Filing  
8/20/2013Charles Cusack IIICOOBuy40,000$4.86$194,400.00View SEC Filing  
8/8/2013Canada Pension Plan Investmentmajor shareholderBuy5,185,553$5.10$26,446,320.30View SEC Filing  
8/8/2013David HuntDirectorBuy200,000$5.10$1,020,000.00View SEC Filing  
8/8/2013Floyd WilsonCEOBuy100,000$5.10$510,000.00View SEC Filing  
8/8/2013Joseph Rinando IIICAOBuy10,000$5.10$51,000.00View SEC Filing  
8/8/2013Leah KasparekVPBuy20,000$5.10$102,000.00View SEC Filing  
8/8/2013Mark MizeCFOBuy50,000$5.10$255,000.00View SEC Filing  
8/8/2013Stephen HerodPresidentBuy25,000$5.10$127,500.00View SEC Filing  
6/14/2013Canada Pension Plan InvestmentMajor ShareholderBuy1,978,125$5.45$10,780,781.25View SEC Filing  
6/14/2013Mark MizeCFOBuy15,000$5.52$82,800.00View SEC Filing  
6/13/2013Charles E Cusack IIICOOBuy20,000$5.05$101,000.00View SEC Filing  
11/13/2012Tucker S BridwellDirectorBuy20,000$5.74$114,800.00View SEC Filing  
11/12/2012Leah R KasparekVPBuy4,667$5.35$24,968.45View SEC Filing  
11/9/2012Charles E Cusack IIIEVPBuy20,000$5.57$111,400.00View SEC Filing  
11/9/2012Floyd C WilsonCEOBuy175,000$5.71$999,250.00View SEC Filing  
11/9/2012James W ChristmasDirectorBuy100,000$5.73$573,000.00View SEC Filing  
11/9/2012Scott M ZuehlkeVPBuy2,055$5.63$11,569.65View SEC Filing  
9/13/2012James W ChristmasDirectorBuy100,000$7.24$724,000.00View SEC Filing  
8/10/2012Scott M ZuehlkeVPBuy5,670$7.49$42,468.30View SEC Filing  
8/6/2012Tucker S BridwellDirectorBuy20,000$7.35$147,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

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Halcon Resources Corporation (HK) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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