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Enter Symbol:
 
Halcon Resources (HK) [hlAlert]

Rating:
Buy RAME
down 94.36 %

Ram Energy Resources, Inc. (RAME) rated Buy

Posted on: Tuesday,  Jul 17, 2007  9:25 AM ET by Jefferies & Co

Jefferies & Co rated Buy Halcon Resources (NYSE: HK) on 07/17/2007, when the stock price was $16.32. Since
then, Halcon Resources has lost 94.36% as of 01/28/2016's recent price of $0.92.
If you would have followed this Jefferies & Co's recommendation on HK, you would have lost 94.36% of your investment in 3117 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 focus on growing and mid-sized companies enables us to identify unique investment ideas, which can make the difference in a tough market. Jefferies' research effort covers U.S. & International equity, high yield, convertibles, investment grade fixed income and post-reorganization securities, as well as special situations and quantitative research. The more than 120-person team of research professionals covers over 1,200 companies in more than 40 industries worldwide. Our analysts focus on identifying emerging industry themes and dig deeper to provide in-depth, thought provoking, objective research. Our analysts use a variety of quantitative and qualitative tools, integrating field analysis, proprietary channel checks and ongoing dialogue with the managements of the companies they cover. We utilize the latest technologies to deliver a research product that is timely, differentiated, and tailored to each customer's needs. Regular client access to companies and their management teams is provided through a wide variety of Jefferies hosted industry conferences, company management meetings and on-site tours.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/17/2007 9:25 AM Buy
None
16.32 20.25
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

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