Halcon Resources Corp. (NYSE:HK) – Stock analysts at Capital One Financial Corp. boosted their FY2016 earnings per share estimates for shares of Halcon Resources Corp. in a report issued on Thursday. Capital One Financial Corp. analyst B. Velie now anticipates that the brokerage will post earnings of $1.24 per share for the year, up from their previous estimate of $1.17. Capital One Financial Corp. currently has a “Equal Weight” rating on the stock.

Earnings History and Estimates for Halcon Resources Corp. (NYSE:HK)

Several other equities analysts have also weighed in on HK. Zacks Investment Research lowered shares of Halcon Resources Corp. from a “buy” rating to a “hold” rating in a research report on Monday, September 19th. Jefferies Group restated a “hold” rating on shares of Halcon Resources Corp. in a research report on Tuesday, August 23rd. Finally, Wunderlich increased their price target on shares of Halcon Resources Corp. from $1.00 to $12.00 and gave the company a “hold” rating in a research report on Tuesday, September 13th. One analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $3.78.

Halcon Resources Corp. (NYSE:HK) opened at 8.52 on Monday. The company’s market capitalization is $30.77 million. The firm has a 50-day moving average of $9.55 and a 200 day moving average of $14.69. Halcon Resources Corp. has a 12-month low of $6.90 and a 12-month high of $115.52.

Several large investors have recently made changes to their positions in HK. JPMorgan Chase & Co. increased its stake in shares of Halcon Resources Corp. by 20,288.3% in the third quarter. JPMorgan Chase & Co. now owns 4,961,293 shares of the energy company’s stock worth $46,536,000 after buying an additional 4,936,959 shares during the last quarter. Nomura Asset Management Co. Ltd. purchased a new stake in shares of Halcon Resources Corp. during the third quarter worth about $8,557,000. California Public Employees Retirement System increased its stake in shares of Halcon Resources Corp. by 8.2% in the second quarter. California Public Employees Retirement System now owns 803,460 shares of the energy company’s stock worth $373,000 after buying an additional 61,100 shares during the last quarter. Spark Investment Management LLC increased its stake in shares of Halcon Resources Corp. by 337.9% in the second quarter. Spark Investment Management LLC now owns 743,200 shares of the energy company’s stock worth $344,000 after buying an additional 573,500 shares during the last quarter. Finally, Oxford Asset Management purchased a new stake in shares of Halcon Resources Corp. during the second quarter worth about $193,000.

About Halcon Resources Corp.

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 Company’s estimated total proved oil and natural gas reserves are approximately 146.8 million barrels of oil equivalent (MMBoe), consisting of over 120.7 million barrels of oil (MMBbls), approximately 13.0 MMBbls of natural gas liquids and over 78.4 billion cubic feet (Bcf) of natural gas.

5 Day Chart for NYSE:HK

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