Earnings Forecast Research on Halcon Resources Corporation (HK)

Halcon Resources Corporation has received $0.5 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 3 Financial Advisor in the Stock Trading Firms. Among 3 Analysts, Bottom line EPS Estimate for the current quarter is $0.4 while the top line estimate is $0.57 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at -96.38%.

Halcon Resources Corporation results fell short with a surprise EPS of -92.59% or $-0.25. The Actual EPS was $0.02 compared to the Estimated EPS of $0.27 during its most recent quarterly earnings. Houston based Halcon Resources Corporation Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Feb 23, 2017.

Halcon Resources Corporation has a Price to Earnings ratio of 0.28 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 5.84. For the Most Recent Fiscal Year, Halcon Resources Corporation has a price to cash ratio of 0.06. For the Trailing twelve month period, company showed a Net Profit Margin of -538.2% and Return on Equity of the stock is -42.63%.

In the last quarter, Halcon Resources Corporation reported Annual Earnings of $0.02. Based on the filings, last years Annual Earnings was, $32.88. In the last Quarter, HK reported a surprise Earnings per Share of -92.59% . The consensus estimate for current quarter is $0.5 and for the current fiscal year, the estimate is $1.35. For the Next fiscal year, the estimate is $0.67 based on the consensus.

Halcon Resources Corporation (NYSE:HK) : On Tuesday heightened volatility was witnessed in Halcon Resources Corporation (NYSE:HK) which led to swings in the share price. The stock opened for trading at $8.36 and hit $8.6 on the upside , eventually ending the session at $8.44, with a gain of 0.72% or 0.06 points. The heightened volatility saw the trading volume jump to 2,097,952 shares. The 52-week high of the share price is $50.999592 and the company has a market cap of $785 million. The 52-week low of the share price is at $7.47994 .

Halcon Resources Corporation is an energy company engaged in the acquisition, exploration and development of onshore oil and natural gas properties in the United States. The Company operates in Wichita, Wilbarger and Starr Counties in Texas, Pontotoc and Seminole Counties, Oklahoma, and Louisiana. Halcon Resources Corporation, formerly known as RAM Energy Resources, Inc., is based in Louisiana, USA.


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