$HK @ 1.92 WUNDERLICH SECURITIES SEES SOLID 4Q
Post# of 23098
Posted On: 03/01/2015 9:00:12 AM
$HK @ 1.92
WUNDERLICH SECURITIES SEES SOLID 4Q14 RESULTS FOR HALCON RESOURCES
1 days 23 hours 47 minutes ago - S&P Capital IQ
In a report published Friday, Wunderlich Securities analyst Jason A. Wangler reiterated a Buy rating and $3.00 price target on Halcon Resources Corp. (NYSE: HK). In the report, Wunderlich Securities noted, "Halcon Resources (HK) reported a solid 4Q14 as EPS of $0.05 were nicely ahead of our -$0.05 figure and the Street's $0.00 forecast due to a production beat and cost controls. Halcon had pre-announced much of its information already, so the CapEx plans, reserves, and its liquidity position were known, but the company was able to provide additional color around these numbers as well as commentary on its focus going forward. As expected, there was a significant focus on the financial position of Halcon as it goes through the current downturn, and we continue to believe that Halcon has the ability to see this through to the other side. As such, we reiterate our Buy rating and $3 price target as we feel the company has an asset base and management team that can survive today and excel tomorrow." Halcon Resources closed on Thursday at $1.97. View More Analyst Ratings for HKView the Latest Analyst Ratings 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. Acquire Media
WUNDERLICH SECURITIES SEES SOLID 4Q14 RESULTS FOR HALCON RESOURCES
1 days 23 hours 47 minutes ago - S&P Capital IQ
In a report published Friday, Wunderlich Securities analyst Jason A. Wangler reiterated a Buy rating and $3.00 price target on Halcon Resources Corp. (NYSE: HK). In the report, Wunderlich Securities noted, "Halcon Resources (HK) reported a solid 4Q14 as EPS of $0.05 were nicely ahead of our -$0.05 figure and the Street's $0.00 forecast due to a production beat and cost controls. Halcon had pre-announced much of its information already, so the CapEx plans, reserves, and its liquidity position were known, but the company was able to provide additional color around these numbers as well as commentary on its focus going forward. As expected, there was a significant focus on the financial position of Halcon as it goes through the current downturn, and we continue to believe that Halcon has the ability to see this through to the other side. As such, we reiterate our Buy rating and $3 price target as we feel the company has an asset base and management team that can survive today and excel tomorrow." Halcon Resources closed on Thursday at $1.97. View More Analyst Ratings for HKView the Latest Analyst Ratings 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. Acquire Media
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I'm in it to win it!
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'