$-0.03 EPS Expected for Halcón Resources Corporation (HK)

July 27, 2018 - By Robert Shackelford

Halcón Resources Corporation (NYSE:HK) Logo

Analysts expect Halcón Resources Corporation (NYSE:HK) to report $-0.03 EPS on August, 1 after the close.After having $-0.06 EPS previously, Halcón Resources Corporation’s analysts see -50.00 % EPS growth. The stock increased 2.12% or $0.08 during the last trading session, reaching $3.86. About 5.29 million shares traded or 16.12% up from the average. Halcón Resources Corporation (NYSE:HK) has declined 27.67% since July 27, 2017 and is downtrending. It has underperformed by 40.24% the S&P500.

Halcón Resources Corporation (NYSE:HK) Ratings Coverage

Among 3 analysts covering Halcon Resources (NYSE:HK), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Halcon Resources has $13.0 highest and $6 lowest target. $8.33’s average target is 115.80% above currents $3.86 stock price. Halcon Resources had 4 analyst reports since February 7, 2018 according to SRatingsIntel. Stephens maintained it with “Buy” rating and $13.0 target in Monday, February 26 report. The rating was maintained by Stephens with “Buy” on Tuesday, April 24. The firm earned “Neutral” rating on Wednesday, February 7 by Bank of America.

Halcón Resources Corporation, an independent energy company, engages in the acquisition, production, exploration, and development of onshore oil and natural gas properties in the United States. The company has market cap of $616.54 million. The firm primarily holds interests in approximately 116,000 net acres, as well as 300 producing wells in the Bakken/Three Forks formations in North Dakota; and 20,901 net acres in the Southern Delaware Basin in Pecos and Reeves Counties, Texas, as well as has an option to acquire approximately 15,040 net acres in Ward and Winkler Counties, Texas. It has a 1.94 P/E ratio. As of December 31, 2016, it had estimated proved reserves of approximately 148.6 million barrels of oil equivalent comprising 119.6 million barrels of crude oil, 15.6 million barrels of natural gas liquids, and 80.2 billion cubic feet of natural gas.

More news for Halcón Resources Corporation (NYSE:HK) were recently published by: 247Wallst.com, which released: “Top Analyst Upgrades and Downgrades: Broadcom, China Life, Crocs, Eli Lilly, Lockheed Martin, Philip Morris, Rio …” on July 25, 2018. Fool.com‘s article titled: “3 Things to Watch When ConocoPhillips Reports Earnings” and published on July 24, 2018 is yet another important article.

Halcón Resources Corporation (NYSE:HK) Ratings Chart

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