Last $6.99 USD
Change Today +0.17 / 2.49%
Volume 3.4M
HK On Other Exchanges
Symbol
Exchange
Berlin
As of 8:04 PM 07/23/14 All times are local (Market data is delayed by at least 15 minutes).

halcon resources corp (HK) Snapshot

Open
$6.86
Previous Close
$6.82
Day High
$7.00
Day Low
$6.76
52 Week High
07/2/14 - $7.50
52 Week Low
01/9/14 - $3.16
Market Cap
2.9B
Average Volume 10 Days
5.9M
EPS TTM
$-0.78
Shares Outstanding
420.5M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for HALCON RESOURCES CORP (HK)

halcon resources corp (HK) Related Businessweek News

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halcon resources corp (HK) Details

Halcón Resources Corporation, an independent energy company, is engaged in the acquisition, production, exploration, and development of onshore oil and natural gas properties in the United States. The company primarily holds interests in various properties, such as the Bakken/Three Forks Formations comprising an area of approximately 149,000 acres in North Dakota; East Texas Eagle Ford Formations consisting of approximately 94,000 acres in Brazos, Burleson, and Lee counties; Tuscaloosa Marine Shale Formations comprising an area of approximately 169,000 acres in Louisiana and Mississippi; and Utica/Point Pleasant Formations consisting of approximately 140,000 net acres leased or under contract in Ohio and Pennsylvania. As of December 31, 2013, it had estimated proved reserves of approximately 136 million barrels of oil equivalent comprising 114.5 million barrels of crude oil; 9.8 million barrels of natural gas liquids; and 69.7 billion 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 is headquartered in Houston, Texas.

420 Employees
Last Reported Date: 02/27/14

halcon resources corp (HK) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $750.0K
President
Total Annual Compensation: $450.0K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $400.0K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $400.0K
Chief Accounting Officer and Vice President
Total Annual Compensation: $659.3K
Compensation as of Fiscal Year 2013.

halcon resources corp (HK) Key Developments

Halcón Resources Corporation Provides Operational Update

Halcón Resources Corporation announced that it has provided an operational update related to its 314,000 net acre position in the Tuscaloosa Marine Shale ("TMS"). The Horseshoe Hill 11-22H-1 (92% WI) well in Wilkinson County, Mississippi, achieved a 24-hour average initial production rate of 1,208 barrels of oil per day and 1.1 million cubic feet per day of 1,551 BTU natural gas on a 19/64 inch choke. Based on gas composition analysis and assuming full ethane recovery, the company estimates that the well would produce an additional 212 barrels of NGLs per day for a total 24-hour average initial production rate of 1,548 barrels of oil equivalent per day. The well has a 7,060' effective lateral and was completed with 24 frac stages, 21 of which were effectively pumped and 3 of which were partially pumped. The company drilled this well in 39 days (spud to TD). The company has drilled the Black Stone 4H-2 (87% WI) well in Wilkinson County, Mississippi, in 28 days (spud to TD) with a 5,400' lateral. Completion operations are expected to commence this month. The company recently spudded the Fassman 9H-1 (84% WI), located in Wilkinson County, Mississippi, with a second rig and is planning a 6,030' lateral for this well. The company has also spudded the SD Smith 1H (62% WI), located in Wilkinson County, Mississippi, and is planning a 7,660' lateral for this well. The company plans to spud 10 to 12 operated wells in the TMS running an average of two rigs in 2014. The company also expects to participate in 15 to 20 non-operated TMS wells in 2014.

Halcon Resources Approves an Amendment to Article Four of Company's Amended and Restated Certificate of Incorporation

Halcón Resources Corporation, at its AGM held on May 22, 2014, stockholders approved an amendment to article four of the company's amended and restated certificate of incorporation to increase the authorized common stock by 670,000,000 shares to a total of 1,340,000,000 shares.

Halcón Resources Corporation Presents at 2nd Annual Global Energy and Power Leveraged Finance Conference, Jun-03-2014 09:30 AM

Halcón Resources Corporation Presents at 2nd Annual Global Energy and Power Leveraged Finance Conference, Jun-03-2014 09:30 AM. Venue: The Westin Times Square, 270 West 43rd Street at 8th Avenue, New York, New York, United States. Speakers: Mark J. Mize, Chief Financial Officer, Executive Vice President and Treasurer.

 

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