How Many Halcón Resources Corporation (NYSE:HK)’s Analysts Are Bullish?

July 27, 2018 - By Kristin Houston

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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. The firm has “Neutral” rating given on Wednesday, February 7 by Bank of America. The stock has “Buy” rating by Stephens on Tuesday, April 24. The company was maintained on Monday, February 26 by Stephens. Below is a list of Halcón Resources Corporation (NYSE:HK) latest ratings and price target changes.

25/07/2018 Broker: JP Morgan Rating: Neutral New Target: $6 Initiates Coverage On
24/04/2018 Broker: Stephens Rating: Buy New Target: $10.0000 Maintain
26/02/2018 Broker: Stephens Rating: Buy New Target: $13.0 Maintain
07/02/2018 Broker: Bank of America Old Rating: Neutral New Rating: Neutral Old Target: $10 New Target: $9 Maintain

The stock increased 2.12% or $0.08 during the last trading session, reaching $3.86. About 5.29M 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, 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: Fool.com, which released: “3 Things to Watch When ConocoPhillips Reports Earnings” on July 24, 2018. 247Wallst.com‘s article titled: “Top Analyst Upgrades and Downgrades: Broadcom, China Life, Crocs, Eli Lilly, Lockheed Martin, Philip Morris, Rio …” and published on July 25, 2018 is yet another important article.

Halcón Resources Corporation (NYSE:HK) Ratings Chart

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