Halcon Resources (HK) Reports Q1 EPS of 25c
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Halcón Resources Announces First Quarter 2016 Results
May 9, 2016 4:30 PM EDTHOUSTON, May 09, 2016 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE: HK) (Halcón or the Company) today announced its first quarter 2016 results.
Production for the three months ended March 31, 2016 averaged 39,527 barrels of oil equivalent per day (Boe/d). Production was comprised of 77% oil, 11% natural gas liquids (NGLs) and 12% natural gas for the quarter.Â
Halcón generated total revenues of $81.3 million for the first quarter of 2016. In addition, Halcón realized a net gain on settled derivative contracts of $107.7 million during the quarter.Â
Excluding the impact... More
