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Halcon Resources (HK) [hlAlert]

Neutral HK
up 110.60 %

Halcon Resources (HK) downgraded to Neutral by Global Hunter Securities

Posted on: Friday,  Mar 1, 2013  9:25 AM ET by Global Hunter Securities

Global Hunter Securities rated Neutral Halcon Resources (NYSE: HK) on 03/01/2013. Previously Global Hunter Securities rated Accumulate Halcon Resources (NYSE: HK) on
12/06/2011., when the stock price was $3.30. Since then, Halcon Resources has gained 110.61% as of 03/01/2013's recent price of $6.95.
If you would have followed the previous Global Hunter Securities's recommendation on HK, you would have gained 110.6% of your investment in 451 days.

RAM Energy Resources, Inc. is an independent oil and natural gas company engaged in the acquisition, development, exploitation, exploration and production of oil and natural gas properties, primarily in Texas, Louisiana, Oklahoma and West Virginia. The Company?s producing properties are located in basins with long histories of oil and natural gas operations. It has been active in its core producing areas of Texas, Oklahoma and Louisiana. The Company has completed over 24 acquisitions of producing oil and natural gas properties and related assets for an aggregate purchase price in excess of $735 million. Through December 31, 2008, it has drilled or participated in the drilling of over 700 oil and natural gas wells, over 93% of which were successfully completed and produced hydrocarbons in commercial quantities.

Global Hunter Securities uses a disciplined quantitative and qualitative approach, our analysts are focused on covering small-cap companies with unique value and above average growth, primarily in the following sectors: Consumer, Energy, Healthcare, Industrial, Services and Technology. Additionally, Global Hunter Securities has analysts specifically focused on Special Situations and International opportunities. Global Hunter Securities' analysts maintain strong relationships and ongoing dialogue with management teams and industry professionals to ensure propitious access to information.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/1/2013 9:25 AM Hold
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD up  0.43 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/6/2011 8:25 AM Buy
3.30 6.60

(*) Stock Price at the time of the recommendation.
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