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Halcon Resources Corp (HK.N)

HK.N on New York Stock Exchange

8.39USD
16 Jan 2018
Change (% chg)

$-0.15 (-1.76%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Halcón resources announces third quarter 2017 results
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Halcon Resources Corp :Halcón resources announces third quarter 2017 results, provides an operational update and 2018 guidance.Q3 revenue $97 million versus i/b/e/s view $101.9 million.Q3 adjusted loss per share $0.06.Q3 earnings per share $2.82.Q3 earnings per share view $0.05 -- Thomson Reuters I/B/E/S.Halcon Resources Corp - sees ‍full year 2018 total production 15,000 boe/d - 19,000 boe/d​.  Full Article

Halcón Resources announces preliminary Q3 delaware basin production
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - Halcon Resources Corp ::Halcón Resources announces preliminary third quarter 2017 delaware basin production and updated fourth quarter 2017 production guidance.Halcon Resources Corp - ‍estimates Q3 2017 production associated with its delaware basin assets averaged approximately 4,750 boe/d​.Halcon Resources Corp - ‍expects Q4 2017 production to average 7,500 to 9,500 boe/d​.Halcon Resources Corp - ‍production generated from delaware basin assets alone is expected to average 6,500 to 7,500 boe/d for Q4​.Halcon Resources Corp - ‍has two wells currently flowing back after completion in its hackberry draw area in Pecos County​.Halcon Resources - ‍expects to put an additional four to six wells online before December 31, 2017, in both its hackberry draw and monument draw areas​.Halcon Resources Corp - ‍expect to become cash flow positive in a couple of years running three or four rigs​.Halcon Resources - ‍expect to generate pro forma production growth of 2.5X to 3.0X for both full year and Q4 of 2018 versus. Same periods in 2017​.Halcon Resources - ‍pro forma liquidity of over $750 million at June 30 provides with capital to fund growth without need to access debt/equity markets​.  Full Article

Halcón Resources announces results of its tender offer
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - Halcon Resources Corp :Halcón Resources announces results of its tender offer to purchase up to 50 percent of its 6.75 percent senior notes due 2025 and the redemption of its 12 percent second lien notes due 2022.Halcón Resources Corp - ‍company fully redeemed its 12 percent notes on October 7, 2017​.  Full Article

Halcón Resources Q2 loss per share $3.17
Thursday, 28 Jul 2016 

Halcon Resources Corp : Shut-In approximately 5,000 BOE/D of net production during q2 due to low commodity prices . Company is currently running 1 operated rig in Fort Berthold area of Williston basin . Has no other operated rigs running and company does not plan additional rigs until oil prices improve . Recently commenced completion operations on two wells in its Tuscaloosa marine shale area that were drilled in 2015 . Halcón resources announces second quarter 2016 results . Q2 loss per share $3.17 . Q2 revenue $106.1 million . Q2 revenue view $167.8 million -- Thomson Reuters I/B/E/S . Q2 earnings per share view $0.10 -- Thomson Reuters I/B/E/S . Production for three months ended June 30, 2016 averaged 35,879 barrels of oil equivalent per day (BOE/D) . Production was comprised of 77% oil, 11% natural gas liquids (NGLS) and 12% natural gas for quarter . Halcón realized a net gain on settled derivative contracts of $80.8 million during quarter . Total operating costs per unit were $21.40 per BOE during q2 . Plans to keep operated rig running through remainder of 2016 .Company did not run an operated rig in El Halcón during q2 of 2016.  Full Article

Halcón Resources says files for court approval of prepackaged restructuring plan
Thursday, 28 Jul 2016 

Halcon Resources Corp : Under restructuring plan, company will reduce annual interest expense by more than $200 million . Restructuring plan provides that existing holders of halcón common stock will receive 4.0% of common stock of reorganized company . On july 25, 2016 company partially drew down its revolving credit facility and therefore currently has $359 million in cash on hand . Halcón resources files for court approval of prepackaged restructuring plan . Under restructuring plan, company will eliminate approximately $1.8 billion in long-term debt . Restructuring plan is expected to conclude in approximately 45-60 days .Filed its voluntary chapter 11 petitions and pre‐packaged plan in u.s. Bankruptcy court for district of delaware in wilmington.  Full Article

Halcon Resources files for Chapter 11 bankruptcy protection - court filing
Thursday, 28 Jul 2016 

: Halcon Resources Corp files for Chapter 11 bankruptcy protection - court filing . Halcon Resources Corp lists assets in range of $1 billion-$10 billion and liabilities in range of $1 billion-$10 billion - court filing Further company coverage: [HK.N] (Bengaluru Newsroom) ((+1 646 223 8780;)).  Full Article

Halcon Resources postpones reporting Q2 earnings to no later than Aug 9
Friday, 22 Jul 2016 

Halcon Resources Corp : Provided an update on its restructuring plans as well as an update on its Q2 earnings timing . Says postponed reporting its Q2 earnings and filing its form 10-Q to a date no later than August 9, 2016 . Solicitation led to obtaining necessary threshold consent levels from affected stakeholders required to consummate chapter 11 filing . On july 20, 2016, Halcón completed a 30-day solicitation seeking support for restructuring plan from affected stakeholders . On july 20, 2016, Halcón completed a 30-day solicitation seeking support for restructuring plan from affected stakeholders .Reached deal with certain holders of 8.625%, 12.0% 2nd lien notes due 2020 and 2022 regarding certain amendments to 2l note indentures.  Full Article

Halcon Resources receives notice from NYSE
Thursday, 2 Jun 2016 

Halcon Resources Corp : Halcón receives notice from NYSE . Plans to commence restructuring and pre-packaged Chapter 11 filing within next several months. . Price of co's common stock has fallen below NYSE's continued listing standard .Notified NYSE of its intent to cure this deficiency through previously disclosed restructuring and pre-packaged chapter 11 filing.  Full Article

Halcon Resources says agrees with stakeholders over balance sheet restructuring
Wednesday, 18 May 2016 

Halcon Resources Corp :Halcon Resources reaches agreement in principal with stakeholders regarding a comprehensive balance sheet restructuring.  Full Article

Halcón Resources Q1 loss per share $4.72
Monday, 9 May 2016 

Halcon Resources Corp : Production for three months ended march 31, 2016 averaged 39,527 barrels of oil equivalent per day . Halcón resources announces first quarter 2016 results . Q1 loss per share $4.72 . Q1 revenue $81.3 million . Q1 adjusted earnings per share $0.21 . Q1 revenue view $185.3 million -- Thomson Reuters I/B/E/S .Q1 earnings per share view $-0.04 -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Franklin Resources Inc Reports Open Market Sale Of 765,165 Shares Of Halcon Resources Corp's Common Stock ‍​

* FRANKLIN RESOURCES INC REPORTS OPEN MARKET SALE OF 765,165 SHARES OF HALCON RESOURCES CORP'S COMMON STOCK BETWEEN JAN 10 AND JAN 11 - SEC FILING ‍​ Source text - (http://bit.ly/2qVNIzr) Further company coverage: