Halcon Resources Corp. (NYSE:HK) – Stock analysts at Capital One Financial Corp. upped their FY2016 EPS estimates for Halcon Resources Corp. in a report released on Friday. Capital One Financial Corp. analyst B. Velie now anticipates that the firm will earn $1.29 per share for the year, up from their previous estimate of $1.24. Capital One Financial Corp. currently has a “Equal Weight” rating on the stock. Capital One Financial Corp. also issued estimates for Halcon Resources Corp.’s Q4 2016 earnings at $0.43 EPS and FY2017 earnings at $0.00 EPS.

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

A number of other research analysts have also recently issued reports on HK. Zacks Investment Research cut shares of Halcon Resources Corp. from a “buy” rating to a “hold” rating in a research note on Monday, July 25th. Jefferies Group reiterated a “hold” rating on shares of Halcon Resources Corp. in a research note on Tuesday, August 23rd. Finally, Wunderlich lifted their target price on shares of Halcon Resources Corp. from $1.00 to $12.00 and gave the company a “hold” rating in a research note on Tuesday, September 13th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. Halcon Resources Corp. presently has an average rating of “Hold” and a consensus target price of $6.21.

Shares of Halcon Resources Corp. (NYSE:HK) opened at 10.26 on Monday. Halcon Resources Corp. has a 52 week low of $6.90 and a 52 week high of $115.52. The firm’s 50-day moving average price is $9.55 and its 200 day moving average price is $14.69. The firm’s market cap is $37.05 million.

A number of hedge funds have recently added to or reduced their stakes in HK. Royal Bank of Canada raised its stake in Halcon Resources Corp. by 0.3% in the second quarter. Royal Bank of Canada now owns 324,683 shares of the energy company’s stock worth $151,000 after buying an additional 1,043 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Halcon Resources Corp. during the third quarter worth approximately $108,000. State of Wisconsin Investment Board acquired a new stake in Halcon Resources Corp. during the third quarter worth approximately $267,000. Alleghany Corp DE acquired a new stake in Halcon Resources Corp. during the third quarter worth approximately $325,000. Finally, California Public Employees Retirement System raised its stake in 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 in the last quarter.

Halcon Resources Corp. Company Profile

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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