About Halcon Resources Corporation (NYSE:HK)
Halcon 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?
Shares of Halcon Resources Corporation 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 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 quarterly earnings results on Wednesday, May, 3rd. The company reported $0.06 earnings per share for the quarter, beating analysts' consensus estimates of $0.03 by $0.03. The company had revenue of $135.60 million for the quarter, compared to analysts' expectations of $144.13 million. Halcon Resources Corporation had a positive return on equity of 16.78% and a negative net margin of 65.92%. View Halcon Resources Corporation's Earnings History.
When will Halcon Resources Corporation make its next earnings announcement?
Where is Halcon Resources Corporation's stock going? Where will Halcon Resources Corporation's stock price be in 2017?
10 equities research analysts have issued twelve-month price targets for Halcon Resources Corporation's shares. Their forecasts range from $8.00 to $12.00. On average, they anticipate 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?
Some companies that are related to Halcon Resources Corporation include CES Energy Solutions Corp (CEU), Noble Corporation (NE), SandRidge Energy (SD), Ring Energy (REI), Geopark Ltd (GPRK), Trinidad Drilling (TDG), Independence Contract Drilling (ICD), Cathedral Energy Services Ltd (CET), Magnum Hunter Resources Corp (MHR), North Atlantic Drilling (NADL), Progress Energy (PGN), Breitburn Energy Partners LP (BBEP), Hercules Offshore Com (HERO) and Vanguard Natural Resources (VNR).
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)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.
Consensus Ratings for Halcon Resources Corporation (NYSE:HK) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| 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)
Analysts' Ratings History for Halcon Resources Corporation (NYSE:HK)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 10/20/2017 | Roth Capital | Set Price Target | Buy | $9.00 | N/A |  |
| 10/18/2017 | Johnson Rice | Upgrade | Accumulate -> Buy | | N/A | |
| 10/17/2017 | Seaport Global Securities | Upgrade | Neutral -> Buy | $7.00 -> $8.00 | N/A | |
| 10/16/2017 | Bank of America Corporation | Initiated Coverage | Neutral | | N/A | |
| 8/1/2017 | Imperial Capital | Initiated Coverage | Outperform -> Outperform | $9.00 | Low | |
| 7/13/2017 | Barclays PLC | Upgrade | Underweight -> Equal Weight | $5.00 -> $8.00 | Low | |
| 5/16/2017 | Scotiabank | Set Price Target | Buy | $12.00 | Low | |
| 1/25/2017 | Capital One Financial Corporation | Upgrade | Equal Weight -> Overweight | | N/A | |
| 1/25/2017 | Stephens | Upgrade | Equal Weight -> Overweight | $12.00 | N/A | |
| 12/13/2016 | Wunderlich | Upgrade | Hold -> Buy | $12.00 | N/A | |
| 8/23/2016 | Jefferies Group LLC | Reiterated Rating | Hold | | N/A | |
| 3/31/2016 | Stifel Nicolaus | Reiterated Rating | Sell | | N/A | |
| 12/24/2015 | SunTrust Banks, Inc. | Reiterated Rating | Neutral | $1.35 | N/A | |
| 11/2/2015 | FBR & Co | Reiterated Rating | Outperform | $7.50 -> $10.00 | N/A | |
(Data available from 10/22/2015 forward)
Earnings History for Halcon Resources Corporation (NYSE:HK)Earnings History by Quarter for Halcon Resources Corporation (NYSE HK)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/9/2017 | | | | | | | N/A | |
| 5/3/2017 | Q1 2017 | $0.03 | $0.06 | $144.13 million | $135.60 million | View | Listen | |
| 2/28/2017 | Q4 2016 | $0.50 | $0.66 | $210.87 million | $130.26 million | View | N/A | |
| 7/28/2016 | Q2 | $0.14 | $0.26 | $145.25 million | $106.15 million | View | N/A | |
| 5/9/2016 | Q1 | ($0.04) | $0.21 | $185.31 million | $81.30 million | View | Listen | |
| 2/25/2016 | Q4 | $0.23 | $0.41 | $251.02 million | $116.10 million | View | Listen | |
| 11/5/2015 | Q315 | $0.01 | $0.04 | $209.25 million | $129.94 million | View | N/A | |
| 7/30/2015 | Q2 | ($0.02) | $0.02 | $202.81 million | $168.02 million | View | Listen | |
| 5/5/2015 | Q115 | ($0.02) | ($0.04) | $227.61 million | $136.20 million | View | Listen | |
| 11/10/2014 | Q314 | $0.06 | $0.03 | $317.70 million | $306.50 million | View | Listen | |
| 5/7/2014 | Q114 | $0.02 | $0.03 | $256.14 million | $275.10 million | View | N/A | |
| 2/26/2014 | Q413 | $0.04 | $0.01 | $290.09 million | $289.30 million | View | N/A | |
| 11/5/2013 | Q313 | $0.07 | $0.04 | $258.36 million | $305.00 million | View | Listen | |
| 8/1/2013 | Q2 2013 | $0.06 | $0.08 | $208.55 million | $214.30 million | View | N/A | |
| 5/2/2013 | Q1 2013 | $0.06 | $0.05 | $196.95 million | $190.70 million | View | N/A | |
| 2/28/2013 | Q4 2012 | $0.02 | $0.02 | $115.71 million | $124.65 million | View | N/A | |
| 11/8/2012 | Q312 | | ($0.01) | $72.53 million | $73.10 million | View | N/A | |
| 8/3/2011 | | $0.21 | $0.34 | | | View | N/A | |
| 5/5/2011 | | $0.14 | $0.15 | | | View | N/A | |
| 2/22/2011 | | $0.15 | $0.11 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Halcon Resources Corporation (NYSE:HK)2017 EPS Consensus Estimate: ($0.47)
2018 EPS Consensus Estimate: $0.24
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 4 | ($0.53) | $0.05 | ($0.19) |
| Q2 2017 | 6 | ($0.53) | $0.11 | ($0.08) |
| Q3 2017 | 6 | ($0.53) | $0.14 | ($0.10) |
| Q4 2017 | 6 | ($0.52) | $0.19 | ($0.09) |
| Q1 2018 | 1 | $0.03 | $0.03 | $0.03 |
| Q2 2018 | 1 | $0.04 | $0.04 | $0.04 |
| Q3 2018 | 1 | $0.08 | $0.08 | $0.08 |
| Q4 2018 | 1 | $0.09 | $0.09 | $0.09 |
(Data provided by Zacks Investment Research)
Dividend History for Halcon Resources Corporation (NYSE:HK)
No dividend announcements for this company have been tracked by MarketBeat.com
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)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 10/18/2017 | Franklin Resources Inc | Major Shareholder | Sell | 1,650,000 | $6.24 | $10,296,000.00 | |
| 10/16/2017 | Franklin Resources Inc | Major Shareholder | Sell | 350,000 | $6.03 | $2,110,500.00 | |
| 10/4/2017 | Franklin Resources Inc | Major Shareholder | Sell | 500,000 | $6.81 | $3,405,000.00 | |
| 9/29/2017 | Franklin Resources Inc | Major Shareholder | Sell | 218,100 | $6.80 | $1,483,080.00 | |
| 9/27/2017 | Franklin Resources Inc | Major Shareholder | Sell | 175,000 | $7.07 | $1,237,250.00 | |
| 9/26/2017 | Franklin Resources Inc | Major Shareholder | Sell | 450,000 | $6.66 | $2,997,000.00 | |
| 9/25/2017 | Franklin Resources Inc | Major Shareholder | Sell | 225,000 | $6.64 | $1,494,000.00 | |
| 9/20/2017 | Franklin Resources Inc | Major Shareholder | Sell | 515,893 | $6.44 | $3,322,350.92 | |
| 9/19/2017 | Franklin Resources Inc | Major Shareholder | Sell | 484,429 | $6.36 | $3,080,968.44 | |
| 9/18/2017 | Franklin Resources Inc | Major Shareholder | Sell | 380,000 | $6.38 | $2,424,400.00 | |
| 9/15/2017 | Franklin Resources Inc | Major Shareholder | Sell | 830,000 | $6.43 | $5,336,900.00 | |
| 9/13/2017 | Franklin Resources Inc | Major Shareholder | Sell | 425,000 | $6.60 | $2,805,000.00 | |
| 9/12/2017 | Franklin Resources Inc | Major Shareholder | Sell | 709,998 | $6.14 | $4,359,387.72 | |
| 8/23/2017 | Franklin Resources Inc | Major Shareholder | Sell | 423,000 | $6.11 | $2,584,530.00 | |
| 8/21/2017 | Franklin Resources Inc | Major Shareholder | Sell | 276,900 | $6.13 | $1,697,397.00 | |
| 8/17/2017 | Franklin Resources Inc | Major Shareholder | Sell | 494,899 | $6.15 | $3,043,628.85 | |
| 8/16/2017 | Franklin Resources Inc | Major Shareholder | Sell | 284,799 | $6.10 | $1,737,273.90 | |
| 8/15/2017 | Franklin Resources Inc | Major Shareholder | Sell | 305,201 | $6.13 | $1,870,882.13 | |
| 8/4/2017 | Darryl Schall | Director | Buy | 10,000 | $6.25 | $62,500.00 | |
| 6/14/2017 | Franklin Resources Inc | Major Shareholder | Sell | 746,173 | $6.07 | $4,529,270.11 | |
| 6/14/2017 | Sylvia K Barnes | Director | Buy | 20,000 | $5.34 | $106,800.00 | |
| 5/10/2017 | Franklin Resources Inc | Major Shareholder | Sell | 31,341 | $6.73 | $210,924.93 | |
| 4/7/2017 | Franklin Resources Inc | Major Shareholder | Sell | 117,731 | $7.84 | $923,011.04 | |
| 12/15/2016 | Jon C Wright | EVP | Sell | 10,000 | $8.60 | $86,000.00 | |
| 12/8/2016 | David S Elkouri | EVP | Sell | 100 | $8.57 | $857.00 | |
| 11/21/2016 | Quentin R Hicks | SVP | Sell | 25 | $11.09 | $277.25 | |
| 12/18/2015 | Charles E Cusack III | COO | Buy | 100,000 | $0.26 | $26,000.00 | |
| 12/18/2015 | Floyd C Wilson | CEO | Buy | 500,000 | $0.26 | $130,000.00 | |
| 12/18/2015 | James W Christmas | Director | Buy | 200,000 | $0.26 | $52,000.00 | |
| 9/1/2015 | Charles E Cusack III | COO | Buy | 50,000 | $1.05 | $52,500.00 | |
| 5/29/2015 | Floyd C Wilson | CEO | Buy | 1,000,000 | $1.03 | $1,030,000.00 | |
| 12/5/2014 | Charles E Cusack III | COO | Buy | 40,000 | $1.61 | $64,400.00 | |
| 12/5/2014 | David S Elkouri | EVP | Buy | 50,000 | $1.67 | $83,500.00 | |
| 12/5/2014 | Joseph S Rinando III | CAO | Buy | 20,000 | $1.73 | $34,600.00 | |
| 11/28/2014 | Charles E Cusack III | COO | Buy | 40,000 | $2.46 | $98,400.00 | |
| 11/12/2014 | Charles E Cusack III | COO | Buy | 30,000 | $3.03 | $90,900.00 | |
| 12/6/2013 | David Hunt | Director | Buy | 10,000 | $3.82 | $38,200.00 | |
| 12/5/2013 | Charles Cusack III | COO | Buy | 40,000 | $3.81 | $152,400.00 | |
| 12/5/2013 | Floyd Wilson | CEO | Buy | 100,000 | $4.00 | $400,000.00 | |
| 12/5/2013 | Mark Mize | CFO | Buy | 50,000 | $4.00 | $200,000.00 | |
| 12/5/2013 | Scott Zuehlke | VP | Buy | 2,500 | $3.99 | $9,975.00 | |
| 12/4/2013 | David Elkouri | EVP | Buy | 25,000 | $3.72 | $93,000.00 | |
| 12/4/2013 | Tucker Bridwell | Director | Buy | 10,000 | $3.80 | $38,000.00 | |
| 11/22/2013 | Tina Obut | VP | Buy | 5,000 | $4.11 | $20,550.00 | |
| 11/19/2013 | Charles Cusack III | COO | Buy | 20,000 | $4.23 | $84,600.00 | |
| 11/7/2013 | Charles Cusack III | COO | Buy | 20,000 | $4.55 | $91,000.00 | |
| 11/6/2013 | Charles Cusack III | COO | Buy | 20,000 | $4.75 | $95,000.00 | |
| 11/6/2013 | Tina Obut | VP | Buy | 5,000 | $4.67 | $23,350.00 | |
| 8/21/2013 | David Hunt | Director | Buy | 50,000 | $4.73 | $236,500.00 | |
| 8/20/2013 | Charles Cusack III | COO | Buy | 40,000 | $4.86 | $194,400.00 | |
| 8/8/2013 | Canada Pension Plan Investment | major shareholder | Buy | 5,185,553 | $5.10 | $26,446,320.30 | |
| 8/8/2013 | David Hunt | Director | Buy | 200,000 | $5.10 | $1,020,000.00 | |
| 8/8/2013 | Floyd Wilson | CEO | Buy | 100,000 | $5.10 | $510,000.00 | |
| 8/8/2013 | Joseph Rinando III | CAO | Buy | 10,000 | $5.10 | $51,000.00 | |
| 8/8/2013 | Leah Kasparek | VP | Buy | 20,000 | $5.10 | $102,000.00 | |
| 8/8/2013 | Mark Mize | CFO | Buy | 50,000 | $5.10 | $255,000.00 | |
| 8/8/2013 | Stephen Herod | President | Buy | 25,000 | $5.10 | $127,500.00 | |
| 6/14/2013 | Canada Pension Plan Investment | Major Shareholder | Buy | 1,978,125 | $5.45 | $10,780,781.25 | |
| 6/14/2013 | Mark Mize | CFO | Buy | 15,000 | $5.52 | $82,800.00 | |
| 6/13/2013 | Charles E Cusack III | COO | Buy | 20,000 | $5.05 | $101,000.00 | |
| 11/13/2012 | Tucker S Bridwell | Director | Buy | 20,000 | $5.74 | $114,800.00 | |
| 11/12/2012 | Leah R Kasparek | VP | Buy | 4,667 | $5.35 | $24,968.45 | |
| 11/9/2012 | Charles E Cusack III | EVP | Buy | 20,000 | $5.57 | $111,400.00 | |
| 11/9/2012 | Floyd C Wilson | CEO | Buy | 175,000 | $5.71 | $999,250.00 | |
| 11/9/2012 | James W Christmas | Director | Buy | 100,000 | $5.73 | $573,000.00 | |
| 11/9/2012 | Scott M Zuehlke | VP | Buy | 2,055 | $5.63 | $11,569.65 | |
| 9/13/2012 | James W Christmas | Director | Buy | 100,000 | $7.24 | $724,000.00 | |
| 8/10/2012 | Scott M Zuehlke | VP | Buy | 5,670 | $7.49 | $42,468.30 | |
| 8/6/2012 | Tucker S Bridwell | Director | Buy | 20,000 | $7.35 | $147,000.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Halcon Resources Corporation (NYSE:HK)
Latest Headlines for Halcon Resources Corporation (NYSE:HK)
| Source: |
|
Loading headlines, please wait.
Halcon Resources Corporation (HK) Chart for Sunday, October, 22, 2017
