Halcon Resources Corporation (HK) : During the past 4 weeks, traders have been relatively bearish on Halcon Resources Corporation (HK), hence the stock is down -30.62% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -24.48% relative to the S&P 500. The 4-week change in the price of the stock is -28.9% and the stock has fallen -24.16% in the past 1 week.
Halcon Resources Corporation (NYSE:HK): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $0.30 and $0.30 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $0.32. The buying momentum continued till the end and the stock did not give up its gains. It closed at $0.31, notching a gain of 0.81% for the day. The total traded volume was 1,261,102 . The stock had closed at $0.31 on the previous day.
The stock has recorded a 20-day Moving Average of 21.06% and the 50-Day Moving Average is 22.33%. Halcon Resources Corporation has dropped 70.19% during the last 3-month period . Year-to-Date the stock performance stands at -75.16%.
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 companys estimated total proved oil and natural gas reserves were approximately 189.1 million barrels of oil equivalent (MMBoe), consisting of 155.6 MMBoe of oil, 16.3 MMBbls of natural gas liquids, and 103.7 billion cubic feet (Bcf) of natural gas as of December 31, 2014. Approximately 41% of the Companys reserves were classified as proved developed, as of 2014. The Companys oil and natural gas assets consist of undeveloped acreage positions in unconventional liquids-rich basins/fields.