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Enter Symbol:
 
Halcon Resources (HK) [hlAlert]

Rating:
Outperform
HK
down 86.83 %

Halcon Resources (HK) rated Outperform by Raymond James

Posted on: Tuesday,  Apr 16, 2013  3:25 PM ET by Raymond James

Raymond James rated Outperform Halcon Resources (NYSE: HK) on 04/16/2013, when the stock price was $6.99. Since
then, Halcon Resources has lost 86.84% as of 01/28/2016's recent price of $0.92.
If you would have followed this Raymond James's recommendation on HK, you would have lost 86.83% of your investment in 1017 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.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/16/2013 3:25 PM Buy
None
6.99
as of 12/13/2013
1 Week down  -0.52 %
1 Month down  -18.84 %
3 Months down  -32.20 %
1 YTD down  -45.77 %

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