Halcon Resources Corporation (HK) : During the past 4 weeks, traders have been relatively bearish on Halcon Resources Corporation (HK), hence the stock is down -17.9% 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 -8.51% relative to the S&P 500. The 4-week change in the price of the stock is -18.08% and the stock has fallen -9.11% in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 1.66% and the fifty day Moving Average is 14.69%. Halcon Resources Corporation is up 25.22% in the last three month period. Year-to-Date the stock performance stands at -73.17%.
Halcon Resources Corporation (HK) stock is expected to deviate a maximum of $1.06 from the average target price of $1.25 for the short term period. 2 Street Experts have initiated coverage on the stock with the most promising target being $2 and the most muted being $1.
Halcon Resources Corporation (NYSE:HK): stock turned positive on Friday. Though the stock opened at $0.3189, the bulls momentum made the stock top out at $0.34 level for the day. The stock recorded a low of $0.3189 and closed the trading day at $0.3381, in the green by 6.99%. The total traded volume for the day was 895,756. The stock had closed at $0.316 in the previous days trading.
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.