It’s been a crucial week for Halcón Resources Corporation (NYSE:HK); here’s what analysts have to say.

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Halcón Resources Corporation (NYSE:HK) Ratings Coverage

Among 2 analysts covering Halcon Resources (NYSE:HK), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Halcon Resources has $7 highest and $2 lowest target. $4.50’s average target is 2719.55% above currents $0.1596 stock price. Halcon Resources had 2 analyst reports since February 22, 2019 according to SRatingsIntel. The firm has “Hold” rating given on Friday, February 22 by Johnson Rice. The stock of Halcón Resources Corporation (NYSE:HK) has “In-Line” rating given on Tuesday, February 26 by Imperial Capital. Below is a list of Halcón Resources Corporation (NYSE:HK) latest ratings and price target changes.

26/02/2019 Broker: Imperial Capital Old Rating: Outperform New Rating: In-Line Old Target: $3 New Target: $2 Downgrade
22/02/2019 Broker: Johnson Rice Rating: Hold New Target: $7 Downgrade

It closed at $0.1596 lastly. It is down 95.91% since August 16, 2018 and is downtrending. It has underperformed by 95.91% 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 $26.21 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 currently has negative earnings. 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 notable recent Halcón Resources Corporation (NYSE:HK) news were published by: Cnbc.com which released: “Alibaba seeks stock split to boost available shares ahead of reported Hong Kong listing – CNBC” on June 17, 2019, also Streetinsider.com with their article: “Halcon Resources (HK) Announces Suspension of Trading and Commencement of NYSE Delisting Procedures – StreetInsider.com” published on July 23, 2019, Seekingalpha.com published: “Halcon Resources gets NYSE continued listing notice – Seeking Alpha” on May 31, 2019. More interesting news about Halcón Resources Corporation (NYSE:HK) were released by: Finance.Yahoo.com and their article: “Alibaba Group IPO: Is it Coming to the Hong Kong Stock Exchange? – Yahoo Finance” published on July 03, 2019 as well as Globenewswire.com‘s news article titled: “Halcón Resources Announces Public Offering of Common Stock – GlobeNewswire” with publication date: February 06, 2018.

Halcón Resources Corporation (NYSE:HK) Ratings Chart

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