Halcon Resources Corporation (HK) Shares are Down -5.65%

Halcon Resources Corporation (HK) : During the past 4 weeks, traders have been relatively bearish on Halcon Resources Corporation (HK), hence the stock is down -17.93% 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 -6.22% relative to the S&P 500. The 4-week change in the price of the stock is -12.39% and the stock has fallen -5.65% in the past 1 week.

Halcon Resources Corporation (NYSE:HK): The stock opened at $0.41 on Friday but the bulls could not build on the opening and the stock topped out at $0.41 for the day. The stock traded down to $0.38 during the day, due to lack of any buying support eventually closed down at $0.39 with a loss of -3.10% for the day. The stock had closed at $0.40 on the previous day. The total traded volume was 792,543 shares.


The stock has recorded a 20-day Moving Average of 11.71% and the 50-Day Moving Average is 17.81%. Halcon Resources Corporation has dropped 65.7% during the last 3-month period . Year-to-Date the stock performance stands at -69.24%.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *