Halcón Resources (HK) Tops Q3 EPS by 3c

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Go back to Halcón Resources (HK) Tops Q3 EPS by 3c

Halcon Resources Announces Third Quarter 2015 Results

November 5, 2015 4:17 PM EST

HOUSTON, Nov. 05, 2015 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE: HK) (Halcón or the Company) today announced its third quarter 2015 results.

The Company generated revenues of $129.9 million for the three months ended September 30, 2015.  In addition, Halcón realized a net gain on settled derivative contracts of $114.9 million during the quarter. 

The Company produced an average of 40,739 barrels of oil equivalent per day (Boe/d) during the period.  Third quarter 2015 production was 80% oil, 10% natural gas liquids (NGLs) and 10% natural gas.  Including the impact of hedges, Halcón realized 168%... More