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-11.33
Forward P/E Ratio-42.50
P/E GrowthN/A
Sales & Book Value
Annual Sales$377.96 million
Price / Sales0.72
Cash Flow$0.5466 per share
Price / Cash Flow3.11
Book Value$7.17 per share
Price / Book0.24
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$318.13 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 the morning of 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) released its earnings results on Wednesday, November, 7th. The energy company reported ($0.06) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.05) by $0.01. The energy company had revenue of $61.60 million for the quarter, compared to the consensus estimate of $58.33 million. Halcon Resources had a negative return on equity of 1.05% and a negative net margin of 101.20%. Halcon Resources's revenue for the quarter was down 36.5% compared to the same quarter last year. During the same quarter last year, the company 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?
6 equities research analysts have issued 12-month target prices for Halcon Resources' stock. Their forecasts range from $3.00 to $13.00. On average, they anticipate Halcon Resources' stock price to reach $7.3333 in the next twelve months. This suggests a possible upside of 331.4% from the stock's current price. View Analyst Price Targets for Halcon Resources.
What is the consensus analysts' recommendation for Halcon Resources?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Halcon Resources in the last year. There are currently 1 sell rating, 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 recently, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Halcon Resources earned a media sentiment score of 1.3 on InfoTrie's scale. They also gave media coverage about the energy company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days.
Are investors shorting Halcon Resources?
Halcon Resources saw a increase in short interest in the month of November. As of November 30th, there was short interest totalling 40,604,739 shares, an increase of 9.7% from the November 15th total of 36,998,082 shares. Based on an average trading volume of 4,888,848 shares, the days-to-cover ratio is currently 8.3 days. Approximately 26.8% of the shares of the stock are sold short. 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), Talos Energy (TALO), Denbury Resources (DNR), Unit (UNT), Laredo Petroleum (LPI), Penn Virginia (PVAC), GENEL ENERGY PL/ADR (GEGYY), Berry Petroleum (BRY), Extraction Oil & Gas (XOG), GeoPark (GPRK), Resolute Energy (REN), W&T Offshore (WTI) 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 a number of of retail and institutional investors. Top institutional shareholders include Wilks Brothers LLC (9.43%), Vanguard Group Inc (4.14%), Vanguard Group Inc. (4.14%), Dimensional Fund Advisors LP (3.91%), BlueMountain Capital Management LLC (3.65%) 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, 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., Vanguard Group Inc, Akanthos Capital Management LLC, William Blair Investment Management LLC and Paloma Partners Management Co. 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 bought 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 $1.70.
How big of a company is Halcon Resources?
Halcon Resources has a market capitalization of $318.13 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.
