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Halcón Resources Corporation (HK)

NYSE - NYSE Delayed Price. Currency in USD
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6.53+0.30 (+4.82%)
At close: 4:01PM EDT

6.53 0.00 (0.00%)
After hours: 4:35PM EDT

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  • S
    SusanL
    SusanL
    Hk has $567mm cash, $425mm debt, and $1.3 b worth oil field at Delaware basin. Thus, Book value should be $10 per share. The current price 6.22 per share is way too low. Just be patient for a long wait.
  • S
    SusanL
    SusanL
    I really don't get it. Why are there so many stupid shorts expecting hk for a reverse split. If hk CEO wants to sell the company, the pps is above 1, or they are not losing any money, we can't find a reason to do rs.
  • S
    SusanL
    SusanL
    Hk just get a cash 1.4 billion which is equivalent to 9.42 per share. Although they pay 0.75 b for its debt, its book value should be around 10 per share. They still own a lot of acreages in Delaware basin, which is the most potential for massive oil production. No wonder the land value is very expensive there.
  • S
    SusanL
    SusanL
    Hk debt was about 3.0 billion last year. Now it is reduced to 425 million. If you take 7.0 % avg interest rate, the annual interest saving is about 45 million, or 15 millions per quarter. My suggestion to HK is to pay off the debt with on hand cash and don't exesersize the December option. Wait for the production boosted to 20 k barrel per day and then sell hk with 15 to 20 per share.
  • f
    fzpxd
    fzpxd

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  • M
    Mia
    Mia

    If we are to go off the RSI then you could argue that a pull back next day or so could occur on HK before rallying up. the other week https://activepennystocks1.blogspot.com alerted this company i think. google them .

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  • a
    actcdrive
    actcdrive
    Hi Everyone, can someone please answer a couple question only if you know the facts. Your response is greatly appreciated.
    1- how much land does HK own?
    2- What are the names of a few companies that are in the same business as HK but with highest amount of LAND they own ?
    Thank you and yes, I posted this on another forum to get the most info
  • P
    Paige
    Paige
    If we are to go off the RSI then you could argue that a pull back next day or so could occur on HK before rallying up. Im not sure about you guys but awe-som*sto-cks has provided me with some pretty good trade ideas. I messed up executing some of them but thats on me.
  • S
    SusanL
    SusanL
    I have a dream that hk found a good reservoir with 1 billion barrels. ... if this true, the pps will be triple.
  • E
    Elizabeth
    Elizabeth

    This could very well be the best trading service around…Want in for FREE? Check out https://awesomestockadvice1.blogspot.com/ .

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  • S
    SusanL
    SusanL
    Longs, just be patient. Hold on your shares and don't be shaken out by those greedy shorties.
  • S
    SusanL
    SusanL

    Halcón Resources Announces the Sale of its Non-Operated Williston Basin Assets for ~$110 Million
    https://finance.yahoo.com/news/halc-n-resources-announces-sale-110000207.html

    Halcón Resources Announces the Sale of its Non-Operated Williston Basin Assets for ~$110 Million
    HOUSTON, Sept. 20, 2017-- Halcón Resources Corporation today announced it has entered into an agreement to sell its remaining non-operated assets in the Williston Basin to a private company for approximately ...
    finance.yahoo.com
  • S
    Sydney
    Sydney
    Do you think this thing is done selling? Showing us a buy signal now on HK? have you guys heard of awe.som*sto-cks. i started receiving their allerts and so far i am happy.
  • R
    Rachel
    Rachel
    Who says HK isn't poised for potentially massive upward movement? have you guys heard of awe.some*sto-cks. i started receiving their allerts and so far i am happy.
  • S
    SusanL
    SusanL
    Yo shorties, I am still waiting for you to drill down the pps to 4 level, so I can average down.
  • A
    Anna
    Anna

    ready to get some picks that are way better than HK? Make sure to get involved with https://stockmarketanalysistoday.blogspot.com/ now so you dont miss out. .

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  • S
    SusanL
    SusanL
    If you want to call Floyd a thief, I may agree. However, if he can turn around and sell hk, I don't care what he has done.
  • S
    SusanL
    SusanL
    26.4 % of float are shorted, from yahoo. Just FYI. Wow, that is huge.
  • S
    SusanL
    SusanL
    Of course, the earning is going to be reduced. It is a well known issue. However, hk brought in 1.4 b which is more than its entire market value. Those capital one analysts just ignore this. No wonder, capital one ...
  • K
    Kevin
    Kevin
    Capital One cut Q4 2017 to .01 per share earnings and FY 2018 to .06 per share .That was a big cut .We may have to see if that $5.57 support holds before we buy . I am sure more downgrades coming . Floyd has money in his pocket again and will be on acquisition trail .