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Seaport Global Securities disclosed Halcon Resources (US:HK), bumping down its price target to $4.00 earlier today

Reporting a potential downside of -0.06%, Seaport Global Securities dropped the price target of Halcon Resources (US:HK) to $4.00

Having a price of $4.27, Halcon Resources (US:HK) traded -2.81% lower on the day. With the last stock price down -3.23% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.04% over the same period. HK has recorded a 50-day average of $6.21 and a two hundred day average of $6.43. Trade Volume was up over the average, with 13,224,318 shares of HK changing hands over the typical 3,671,340

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Halcon Resources (US:HK)

Halcon Resources has PE ratio of 1.46 with a one year low of $3.69 and a one year high of $11.29 and has a market capitalization of $0.

A total of 10 brokerages have issued a ratings update on Halcon Resources. zero brokerages rating the company a strong buy, zero brokerages rating the company a buy, zero brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $2.36.

General Company Details For Halcon Resources (US:HK)

Halcón Resources Corporation, an independent energy company, engages in the acquisition, production, exploration, and development of onshore oil and natural gas properties in the United States. The company primarily holds interests in approximately 116,000 net acres, as well as 300 producing wells in the Bakken/Three Forks formations in North Dakota; and 20,901 net acres in the Southern Delaware Basin in Pecos and Reeves Counties, Texas, as well as has an option to acquire approximately 15,040 net acres in Ward and Winkler Counties, Texas. As of December 31, 2016, it had estimated proved reserves of approximately 148.6 million barrels of oil equivalent comprising 119.6 million barrels of crude oil, 15.6 million barrels of natural gas liquids, and 80.2 billion cubic feet of natural gas. The company was formerly known as RAM Energy Resources, Inc. and changed its name to Halcón Resources Corporation in February 2012. Halcón Resources Corporation was founded in 1987 and is headquartered in Houston, Texas.

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