Halcon Resources Corp. (NYSE:HK) fell -7.11% or -0.046 points on Tuesday and made its way into the losers of the day. After trading began at $0.67 the stock was seen hitting $0.67 as a peak level and $0.60 as the lowest level. The stock ended down at $0.607. The daily volume was measured at 1.83 million shares. The company has a market cap of $393.11 Million. The mean estimate for the short term price target for HK stands at $1.28 according to 15 Analysts. The higher price target estimate for the stock has been calculated at $3.00 while the lower price target estimate is at $0.00. On Nov 24, 2014, the shares registered one year high at $3.23 and the one year low was seen on Sep 30, 2015. The 50-Day Moving Average price is $0.77 and the 200 Day Moving Average price is recorded at $1.00. Halcon Resources Corp. (NYSE:HK) on November 5, 2015 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% of the average NYMEX oil price, 15% of the average NYMEX oil price for NGLs and 111% of the average NYMEX natural gas price during the period.

Total operating costs per unit, after adjusting for selected items (see Selected Operating Data table for additional information), decreased by 27% to $17.04 per Boe in the third quarter of 2015, compared to the third quarter of 2014.