Halcon Resources Corporation (HK) : During the past 4 weeks, traders have been relatively bearish on Halcon Resources Corporation (HK), hence the stock is down -18% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -8.05% relative to the S&P 500. The 4-week change in the price of the stock is -14.42% and the stock has fallen -6.68% in the past 1 week. The stock has recorded a 20-day Moving Average of 9.12% and the 50-Day Moving Average is 22.98%.
Halcon Resources Corporation (NYSE:HK): The stock opened at $0.43 on Friday but the bulls could not build on the opening and the stock topped out at $0.44 for the day. The stock traded down to $0.41 during the day, due to lack of any buying support eventually closed down at $0.41 with a loss of -6.64% for the day. The stock had closed at $0.44 on the previous day. The total traded volume was 1,240,202 shares.
The company Insiders own 22% of Halcon Resources Corporation shares according to the proxy statements. Institutional Investors own 35.06% of Halcon Resources Corporation shares. In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the CEO of Halcon Resources Corp, Wilson Floyd C had purchased shares worth of $130,000 in a transaction dated on December 18, 2015. A total of 500,000 shares were purchased at a price of $0.26 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
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 companys estimated total proved oil and natural gas reserves were approximately 189.1 million barrels of oil equivalent (MMBoe), consisting of 155.6 MMBoe of oil, 16.3 MMBbls of natural gas liquids, and 103.7 billion cubic feet (Bcf) of natural gas as of December 31, 2014. Approximately 41% of the Companys reserves were classified as proved developed, as of 2014. The Companys oil and natural gas assets consist of undeveloped acreage positions in unconventional liquids-rich basins/fields.