NYSE:HK - Halcon Resources Stock Price, News, & Analysis

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$1.89 +0.09 (+5.00 %)
(As of 02/17/2019 11:04 AM ET)
Previous Close$1.89
Today's Range$1.82 - $1.98
52-Week Range$1.43 - $7.12
Volume4.54 million shs
Average Volume3.93 million shs
Market Capitalization$303.66 million
P/E Ratio-12.60
Dividend YieldN/A
Beta3.79
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.

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Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
CUSIP40537Q20
Phone832-538-0300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$377.96 million
Cash Flow$0.7186 per share
Book Value$7.17 per share

Profitability

Net Income$535.68 million
Net Margins-101.20%

Miscellaneous

Employees119
Market Cap$303.66 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 closing bell 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 quarterly earnings results on Wednesday, May, 2nd. The energy company reported ($0.06) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.03) by $0.03. The energy company earned $49.30 million during the quarter, compared to analyst estimates of $44.34 million. Halcon Resources had a negative return on equity of 1.05% and a negative net margin of 101.20%. The business's quarterly revenue was down 63.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.06 EPS. View Halcon Resources' Earnings History.

When is Halcon Resources' next earnings date?

Halcon Resources is scheduled to release their next quarterly earnings announcement on Wednesday, February 27th 2019. View Earnings Estimates for Halcon Resources.

What price target have analysts set for HK?

7 brokerages have issued twelve-month target prices for Halcon Resources' shares. Their predictions range from $3.00 to $10.00. On average, they anticipate Halcon Resources' stock price to reach $5.25 in the next year. This suggests a possible upside of 177.8% from the stock's current price. View Analyst Price Targets for Halcon Resources.

What is the consensus analysts' recommendation for Halcon Resources?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Halcon Resources in the last year. There are currently 3 sell ratings, 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?

Media stories about HK stock have been trending negative on Sunday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Halcon Resources earned a media sentiment score of -2.8 on InfoTrie's scale. They also gave headlines about the energy company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days.

Are investors shorting Halcon Resources?

Halcon Resources saw a decline in short interest in January. As of January 31st, there was short interest totalling 31,933,149 shares, a decline 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 short-interest ratio is presently 9.3 days. Currently, 21.8% of the shares of the stock are short sold. View Halcon Resources' Current Options Chain.

Who are some of Halcon Resources' key competitors?

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 a number of of institutional and retail investors. Top institutional investors include Oaktree Capital Management LP (7.16%), BlackRock Inc. (6.03%), Dimensional Fund Advisors LP (5.08%), LSP Investment Advisors LLC (5.00%), Meghalaya Partners L.P. (1.91%) and Sound Point Capital Management LP (1.76%). 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 major 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., Northern Trust Corp, Bank of New York Mellon Corp, Sanders Morris Harris LLC, Meghalaya Partners L.P. and Nomura Asset Management Co. Ltd.. 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 major 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, LSP Investment Advisors LLC, Dimensional Fund Advisors LP, Paloma Partners Management Co, Citigroup Inc., Sound Point Capital Management LP, RBF Capital LLC and Selz 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 $1.89.

How big of a company is Halcon Resources?

Halcon Resources has a market capitalization of $303.66 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?

The official website for Halcon Resources is http://www.halconresources.com.

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)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  411 (Vote Outperform)
Underperform Votes:  592 (Vote Underperform)
Total Votes:  1,003
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.
This page was last updated on 2/17/2019 by MarketBeat.com Staff

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