Halcón Resources (HK) Misses Q1 EPS by 141c

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Go back to Halcón Resources (HK) Misses Q1 EPS by 141c

Halcon Resources Announces First Quarter 2015 Results

May 5, 2015 4:15 PM EDT

HOUSTON, May 5, 2015 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE: HK) (Halcón or the Company) today announced its first quarter 2015 results.

The Company generated revenues of $136.2 million for the three months ended March 31, 2015. Production increased 18% quarter over prior year quarter to an average of 43,078 barrels of oil equivalent per day (Boe/d). First quarter 2015 production was 80% oil, 9% natural gas liquids (NGLs) and 11% natural gas. 

Including the impact of hedges, Halcón realized 153% of the average NYMEX oil price, 24% of the average NYMEX oil price for NGLs and 114% of... More