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HALCON RESOURCES LLC (HK)

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              Welcome to HALCON RESOURCES LLC
                                                Company Website: 
http://www.halconresources.com/
                   
                    Halcón Resources Corporation                      
                                      NASDAQ: HK
  (Formerly RAM Energy Resources, Inc.)

 

Latest News & Updates:-

December 27, 2018
 

524% Returns From This Single Stock

For investors, buying shares of an undervalued stock is good.But there is something much better.I’m talking about buying shares of an undervalued stock where there is also a near-term catalyst on the horizon that will force the market to properly value the company. Value with a catalyst. Yes, that is much better.With that in mind, I present to you Halcon Resources (HK).

https://dailyreckoning.com/524-returns-from-this-single-stock/
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Halcon Resources Announces the Closing of its Water Infrastructure Asset Divestiture

GlobeNewswire - Thu Dec 20, 3:04PM CST

Halcon Resources Corporation (NYSE:HK) ("Halcon" or the "Company") today announced it has closed on the previously announced divestiture of all of its water infrastructure assets across the Delaware Basin to a subsidiary of WaterBridge Resources LLC for $200 million in cash.

In addition to the $200 million received today, the Company has an opportunity to earn potential incentive payments of up to $25.0 million per year for each of the next five years ($125 million total) subject to Halcon's ability to meet certain annual incentive thresholds which will be driven by, among other things, the Company's development program.
https://www.barchart.com/story/stocks/quotes/HK/1826054/halcon-resources-announces-the-closing-of-its-water-infrastructure-asset-divestiture
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                     Halcón Resources Corporation     (832) 538-0300 
                     1000 Louisiana St., Suite 6700 Houston, TX 77002    

www.halconresources.com

 

Company Profile

Halcón Resources is an independent energy company engaged in the acquisition, production, exploration and development of onshore oil and natural gas properties in the United States.

At December 31, 2011, we had 188 employees

Strategy
  • Follow a proven model
    Concentrate efforts in emerging liquids-prone plays in the United States
    Maintain operational control
    Exploit advances in technology
    Aggressive portfolio management
    Focus on lifting costs
    Maximize price realizations (control infrastructure)
    Simple capital structure - long-term focus on liquidity
    Protect cash flow (hedging portfolio)
    Maintain strong balance sheet
    CREATE SHAREHOLDER VALUE

Floyd C. Wilson, Chairman, President and Chief Executive Officer, commented, "We plan to continue our evaluation of the Company's existing assets and expect to quickly implement our growth strategy. We have already identified several emerging liquids plays that we believe will be core areas for the Company in the near future."


 
History
  • September 28, 1987: RAMCO Holding Corp., the corporation that eventually became RAM Energy, Inc. founded as a Delaware corporation
    October 26, 1987: RAMCO Oil & Gas Inc.: RAMCO Holding Corp - General Partner Double R Corp - Special General Partner and New York Life Insurance Company - Limited Partner form RAMCO - NYL 1987 Limited Partnership for $25,000,000 on October 26, 1987 and Expanded to $29,000,000 on September 23, 1988; $79,000,000 on November 1, 1988; and $140,000,000 on March 29, 1989
    November 1996: RAMCO Operating Company (formerly RAMCO Holding Corp.) acquires all of the RAMCO-NYL 1987 Limited Partnership interest from New York Life Insurance Company for $62,800,000
    December 1, 1997: RAMCO Operating Company dissolves RAMCO-NYL 1987 Ltd. Partnership and acquires all assets and properties of the partnership
    December 31, 1997: RAMCO Operating Company changes its name to RAM Energy, Inc.
    February 24, 1998: RAM Energy, Inc. acquires common stock of Carlton Resources Corporation for $43,000,000
    August 1998: RAM Energy affiliate RVC Energy, Inc. acquires the stock of Comet Petroleum, Inc. for $27,000,000
    December 2004: RAM Energy, Inc. acquires WG Energy Holdings for $82,000,000
    May 8, 2006: RAM Energy, Inc. merges with a subsidiary of Tremisis Energy Acquisition Corporation, a publicly-held specified purpose acquisition corporation; RAM Energy, Inc. becomes a wholly-owned subsidiary of Tremisis and Tremisis changes its name to RAM Energy Resources, Inc.
    May 9, 2006: RAM Energy Resources, Inc. common stock, warrants and units begin trading on the NASDAQ Capital Market under the symbols RAME, RAMEW and RAMEU, respectively
    November 29, 2007: RAM Energy Resources, Inc. acquires Ascent Energy Inc. in a reverse subsidiary merger for total consideration of $286,000,000
    July 7, 2008: RAM Energy Resources, Inc. named to the NASDAQ Global Market
    May 5, 2011: RAM Energy Resources, Inc. announces change in stock ticker symbol from RAME to RAM
    December 22, 2011: RAM Energy Resources, Inc. announces agreement for $550,000,000 recapitalization with Halcón Resources, LLC
    February 8, 2012: RAM Energy Resources, Inc. announces successful $550,000,000 recapitalization with Halcón Resources, LLC
    • RAM Energy Resources, Inc. announces corporate name change to Halcón Resources Corporation
      Halcón Resources Corporation announces change in stock ticker symbol from RAM to HK

Board of Directors

The following table sets forth the names and ages of all current directors, the positions and offices with us

held by such persons, the years in which their current terms as directors expire and the length of their continuous

service as a director:

Name Director.................................... Since... Age ..........Position Expiration of Term

Floyd C. Wilson . . . . . . . . . . Feb. 2012 64 Chairman of the Board, President and Chief Executive Officer 2012

Tucker S. Bridwell . . . . . . . . Feb. 2012 60 Director 2012

James W. Christmas . . . . . . . Feb. 2012 64 Director 2014

Thomas R. Fuller . . . . . . . . . Feb. 2012 63 Director 2014

James L. Irish III . . . . . . . . . . Feb. 2012 67 Director 2013

E. Murphy Markham . . . . . . . Feb. 2012 53 Director 2013

David B. Miller . . . . . . . . . . . Feb. 2012 61 Director 2014

Daniel A. Rioux . . . . . . . . . . Feb. 2012 43 Director 2013

Stephen P. Smiley . . . . . . . . . Feb. 2012 62 Director 2013

Mark A. Welsh IV . . . . . . . . Feb. 2012 32 Director 2012


Floyd C. Wilson became our Chairman, President and Chief Executive Officer in February 2012 as a result of the HALRES Transaction. Prior to February 2012, he was President of HALRES LLC (formerly Halcón Resources LLC), an oil and natural gas company that he founded in October 2011. Mr. Wilson served as Chairman of the Board and Chief Executive Officer of Petrohawk Energy Corporation from May 25, 2004 until BHP Billiton acquired Petrohawk for $15.1 billion, including assumed debt, in August 2011. Mr. Wilson alsoserved as President of Petrohawk from May 25, 2004 until September 8, 2009. Prior to May 25, 2004, he was President and Chief Executive Officer of PHAWK, LLC which he founded in June 2003. Mr. Wilson was the Chairman and Chief Executive Officer of 3TEC Energy Corporation from August 1999 until its merger with Plains Exploration & Production Company in June 2003. Mr. Wilson founded W/E Energy Company L.L.C., formerly known as 3TEC Energy Company L.L.C. in 1998 and served as its President until August 1999. Mr. Wilson began his career in the energy business in Houston, Texas in 1970 as a completion engineer. He moved to Wichita, Kansas in 1976 to start an oil and gas operating company, one of several private energy ventures which preceded the formation of Hugoton Energy Corporation in 1987, where he served as Chairman, President and Chief Executive Officer. In 1994, Hugoton completed an initial public offering and was merged into Chesapeake Energy Corporation in 1998.

Tucker S. Bridwell became a director in February 2012 as a result of the HALRES Transaction. Mr. Bridwell served as a director of Petrohawk Energy Corporation from May 2004 until December 2010. Mr. Bridwell has been the President of Mansefeldt Investment Corporation and the Dian Graves Owen Foundation since September 1997 and manages investments in both entities. He has been in the energy business in various capacities for over 27 years, focusing on oil and gas private equity and public oil and gas investments with extensive experience in managing both public and private energy companies. Mr. Bridwell is a Certified Public Accountant and has practiced public accountancy, specializing in oil and gas. He earned a Bachelor of Business Administration degree and a Master of Business Administration degree from Southern Methodist University. He has also served on the audit committees of numerous businesses, including Petrohawk and non-profit organizations. Currently, he serves on the board of directors and audit committees of Concho Resources, Inc. and First Financial Bankshares, Inc. Mr. Bridwell previously served as chairman of First Permian, LLC from 2000 until its sale to Energen Corporation in April 2002.

James W. Christmas became a director in February 2012 as a result of the HALRES Transaction. Mr. Christmas has also served on the board of directors of Petrohawk Energy Corporation since its merger with KCS Energy, Inc. on July 12, 2006. Mr. Christmas served as President and Chief Executive Officer of KCS from 1988 until April 2003 and Chairman of the Board and Chief Executive Officer of KCS until its merger into Petrohawk. Mr. Christmas was a Certified Public Accountant in New York and was with Arthur Andersen & Co. from 1970 until 1978 before leaving to join National Utilities & Industries ("NUI"), a diversified energy company, as Vice President and Controller. He remained with NUI until 1988, when NUI spun out its unregulated activities that ultimately became part of KCS. As an auditor and audit manager, controller and in his role as CEO of KCS, Mr. Christmas was directly or indirectly responsible for financial reporting and compliance with SEC regulations, and as such has extensive experience in reviewing and evaluating financial reports, as well as in evaluating executive and board performance and in recruiting directors.

Thomas R. Fuller became a director in February 2012 as a result of the HALRES Transaction. Mr. Fuller served as a director at Petrohawk Energy Corporation from March 6, 2006 until BHP Billiton acquired Petrohawk for $15.1 billion, including assumed debt, in August 2011. Since December 1988, Mr. Fuller has been a principal of Diverse Energy Management Co., a private upstream acquisition, drilling and production company which also invests in other energy-related companies. Mr. Fuller has earned degrees from the University of Wyoming and the Louisiana State University School of Banking of the South and is a Registered Professional Engineer in Texas. He has 40 years of experience as a petroleum engineer, specializing in economic and reserves evaluation. He has served as an employee, officer, partner or director of various companies, including ExxonMobil, First City National Bank, Hillin Oil Co., Diverse Energy Management Co. and Rimco Royalty Partners. Mr. Fuller also has extensive experience in energy-related merger and acquisition transactions, having generated and closed over 90 producing property acquisitions during his career. As a primary lending officer to many independent energy companies, Mr. Fuller has extensive experience in analyzing and evaluating financial, business and operational strategies for energy companies.

James L. Irish III became a director in February 2012 as a result of the HALRES Transaction. Mr. Irish served as a director of Petrohawk Energy Corporation from May 25, 2004 until BHP Billiton acquired Petrohawk for $15.1 billion, including assumed debt, in August 2011. Mr. Irish served as a director of 3TEC Energy Corporation from 2002 until June 2003, and has served as an advisory director of EnCap Investments L.P. since October 2007. For over 30 years, until his retirement in December 2001, Mr. Irish practiced law with Thompson & Knight LLP, a Texas-based law firm that represents multinational and independent oil and gas companies, host government oil and gas companies, large utilities, private power plants, energy industry service companies, refineries, petrochemical companies, financial institutions, and multinational drilling contractors and construction companies. Mr. Irish's practice specialized in the area of energy finance and focused on the representation of insurance companies, pension plan managers, foundations and other financial institutions with respect to their equity and debt oil and gas investments and their related legal, regulatory and structural issues. Mr. Irish has also represented energy companies in connection with project financings, joint ventures, master limited partnerships and similar matters and has represented banks and other financial institutions with issues of revolving credit, project, term and other oil and gas loans. Mr. Irish served as chair of the energy group of Thompson & Knight LLP and was its sole Vice President or Managing Partner for over ten years prior to his retirement. Mr. Irish has been named since 1987 in Corporate Law by The Best Lawyers in America and has been included as a Texas Super Lawyer by Texas Monthly in Energy & Natural Resources and Securities & Corporate Finance.

E. Murphy Markham became a director in February 2012 as a result of the HALRES Transaction. Mr. Markham currently serves as a Partner of EnCap Investments L.P. Prior to joining EnCap in July 2006, Mr. Markham was the Managing Director and Group Head of JPMorgan Chase's Oil & Gas Finance Group. Prior to the merger between JPMorgan and Bank One, Mr. Markham ran Bank One's Oil & Gas Group. Mr. Markham started his banking career with Republic Bank in 1981 and remained with the bank and its ultimate successor, Bank of America, for 22 years, serving as a Managing Director in its Energy Banking Group. Mr. Markham has a Bachelor of Business Administration in Finance from Texas Tech University and a Masters of Business Administration in Accounting from the University of Houston. He serves on the board of directors of the Independent Petroleum Association of America, the Western Energy Alliance and the Dallas Petroleum Club Wildcat Committee. Mr. Markham serves on the board of directors of several EnCap portfolio companies.

David B. Miller became a director in February 2012 as a result of the HALRES Transaction. Mr. Miller currently serves as a Managing Partner of EnCap Investments L.P. From 1988 to 1996, Mr. Miller served as President of PMC Reserve Acquisition Company, a partnership jointly-owned by EnCap and Pitts Energy Group. Prior to the establishment of EnCap, he served as Co-Chief Executive Officer of MAZE Exploration Inc., a Denver-based oil and gas company he co-founded in 1981. Mr. Miller began his professional career with Republic National Bank of Dallas, ultimately serving as Vice President and Manager of the bank's wholly-owned subsidiary, Republic Energy Finance Corporation. Mr. Miller is a graduate of Southern Methodist University, having received Bachelors and Masters Degrees in Business Administration in 1972 and 1973, respectively. In 2004, Mr. Miller was appointed to the National Petroleum Council, an advisory body to the Secretary of Energy, and he is a member of the Board of Advisors of the Maguire Energy Institute. Additionally, he is a member of the Independent Petroleum Association of America, the Texas Independent Producers and Royalty Owners Association and the Western Energy Alliance. Mr. Miller currently serves on the board of trustees for Southern Methodist University and of the board of directors of several EnCap portfolio companies.

Daniel A. Rioux became a director in February 2012 as a result of the HALRES Transaction. Mr. Rioux is the current Co-President and Chief Executive Officer of Liberty Energy Holdings, LLC. From 2001 to 2008, Mr. Rioux served as Vice President of Liberty Energy Holdings, LLC, where he managed the company's private equity and direct oil and gas working interest portfolios. From 1993 until 2000, Mr. Rioux was employed by Liberty Energy Corporation, a subsidiary of Liberty Energy Holdings, LLC and currently serves as a director of Axia Energy, LLC, a Denver-based exploration and production company, as well as a manager of Wildcat Midstream Holdings LLC, a company focused on the development, acquisition and operation of gas gathering and midstream oil and gas assets. Mr. Rioux previously served as a Director of Petrohawk Energy Corporation from 2004 to 2006 and as a director of Energy Transfer Equity from 2002 to 2006. He also served as a director of the Independent Petroleum Association of America from 2003 to 2011. Mr. Rioux holds a B.S. in Finance from Bryant College and an M.B.A from Babson College.

Stephen P. Smiley became a director in February 2012 as a result of the HALRES Transaction. Mr. Smiley served as a director of Petrohawk Energy Corporation from April 5, 2010 until BHP Billiton acquired Petrohawk for $15.1 billion, including assumed debt, in August 2011. Upon his retirement from Hunt Private Equity Group in September 2010, Mr. Smiley founded and is the sole partner of Madison Lane Partners, LLC, an advisory and investment company. Mr. Smiley was the Co-founder and had been President of Hunt Private Equity Group, Inc. since 1996. During his time at Hunt Private Equity Group, he raised and managed a private equity fund to invest in leveraged buyouts and growth financings for various middle market companies. At Hunt Private Equity Group he was also responsible for managing relationships with institutional, family and individual investors, and for sourcing, evaluating, financing and managing the portfolio. Mr. Smiley also serves on the boards of Signature Financial Management, a registered investment adviser where he serves on the compensation committee, and Ginsey Holdings, Inc., where he serves on the audit and compensation committees. Before he joined Hunt Private Equity Group, from 1991 to 1995 he co-founded and served as the chief executive officer of Cypress Capital Corporation where he raised and managed a multi-million dollar fund to invest in leveraged buyouts, industry consolidations and growth financings in the middle market. From 1989 to 1991 Mr. Smiley worked in the venture capital group at Citicorp/Citibank, N.A. Mr. Smiley holds a Bachelor of Arts from the University of Virginia and a Master of Business Administration from the College of William and Mary and has 30 years of corporate finance and investing experience and over 20 years of corporate governance experience.

Mark A. Welsh IV became a director in February 2012 as a result of the HALRES Transaction. Mr. Welsh currently serves as a Director of EnCap Investments L.P. Mr. Welsh has 10 years of experience in private equity, including six years with EnCap. Prior to joining EnCap, Mr. Welsh served as a financial analyst with The Blackstone Group L.P. and as a Vice President with Adam Corporation. Mr. Welsh received a Bachelor of Business Administration degree in Finance from Texas A&M University, where he was recognized with the Brown-Rudder Award as the outstanding graduate in his class. Mr. Welsh serves on the board of directors of several EnCap portfolio companies.

 

CIK 0001282648
 
HK Security Details
Share Structure
As of February 23, 2016, there were 122,370,159 shares outstanding 

 

 
Transfer Agent and Registrar
 
The transfer agent and registrar for Halcón common
stock and preferred stock is Broadridge Corporate Issuer Solutions, Inc.,
 1717 Arch Street, Suite 1300, Philadelphia, PA 19103.
 Its phone number is (877) 830-4936
 

 

HK
Current Price
Volume:
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
HK News: Quarterly Report (10-q) 05/09/2019 05:15:52 PM
HK News: Current Report Filing (8-k) 05/09/2019 05:11:30 PM
HK News: Halcón Resources Announces First Quarter 2019 Results and Provides an Update on Operations and Other Activities 05/09/2019 05:00:00 PM
HK News: Halcón Resources Announces First Quarter 2019 Earnings Release and Conference Call Schedule 05/08/2019 05:00:00 PM
HK News: Statement of Changes in Beneficial Ownership (4) 04/19/2019 02:04:49 PM
PlusOneCoin Top Posts
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PostSubject
#4430  Sticky Note Why Halcon Resources (HK) Is On The Verge Value_Investor 05/22/19 03:30:16 PM
#4451   Because we could always flip it for Quick Value_Investor 05/23/19 08:21:49 PM
#4450   Agreed... Closing will be up today.. HK Liquid1974 05/23/19 11:43:19 AM
#4449   .23's showing up on L2 and .24's. RJ Trotts 05/23/19 11:33:47 AM
#4448   .2201 cleared, may be about to take off RJ Trotts 05/23/19 11:18:00 AM
#4447   BOOM we skipped .21 and went right to RJ Trotts 05/23/19 10:58:31 AM
#4446   We need to get those China deals finalized, RJ Trotts 05/23/19 10:57:25 AM
#4445   China trade deal has market down. Just finished MisterOpertunity 05/23/19 10:54:13 AM
#4444   This stock trades all over the place. RJ Trotts 05/23/19 10:51:57 AM
#4443   Back on the horse as well. I admit MisterOpertunity 05/23/19 10:37:25 AM
#4442   Tripled position on this current pull back in RJ Trotts 05/23/19 10:34:37 AM
#4441   Any announcement of a new CEO will get MisterOpertunity 05/23/19 09:49:48 AM
#4440   It’s going bounce hard soon. Will it hold. Liquid1974 05/22/19 11:19:35 PM
#4439   Hope you get a dip for sure. RJ Trotts 05/22/19 10:54:02 PM
#4438   I sold @ .2275 and put a limit MisterOpertunity 05/22/19 10:24:37 PM
#4437   Hoping to see a nice bounce tomorrow. RJ Trotts 05/22/19 10:15:45 PM
#4436   Because it's my money and I can. Thanks MisterOpertunity 05/22/19 09:24:00 PM
#4435   I continue to be amazed as to why 420man 05/22/19 08:56:22 PM
#4434   Now hoping to build a strong base tomorrow RJ Trotts 05/22/19 05:19:22 PM
#4433   Bounce to $.80-$1.00 @ HK Liquid1974 05/22/19 05:15:15 PM
#4432   You got what you predicted... HK Liquid1974 05/22/19 05:02:06 PM
#4431   .22 x .23 and some .23 printing in RJ Trotts 05/22/19 04:33:15 PM
#4430   Why Halcon Resources (HK) Is On The Verge Value_Investor 05/22/19 03:30:16 PM
#4429   Thanks RJ Trotts. Potential for major upside from here. Factor Finder 05/22/19 02:43:42 PM
#4428   Congrats on the add. Hope you make RJ Trotts 05/22/19 02:40:46 PM
#4427   I just took a starter here today. The Factor Finder 05/22/19 02:38:30 PM
#4426   I loaded some earlier, would like to see RJ Trotts 05/22/19 12:29:18 PM
#4425   The pps has stabilized. Bounce coming...HK Liquid1974 05/22/19 11:54:43 AM
#4424   Hoping for a bounce here. Still on RJ Trotts 05/22/19 10:24:46 AM
#4423   It’s almost ready Clay... Par sar break approaching Liquid1974 05/21/19 07:10:10 PM
#4422   * * $HK Video Chart 05-21-2019 * * ClayTrader 05/21/19 05:18:12 PM
#4421   Par sar breakout coming within a few more Liquid1974 05/21/19 01:20:41 PM
#4420   Possible breakout eod. George1234 05/21/19 12:17:52 PM
#4419   Hi, Bought 24000 @0.305 Kadolor 05/21/19 09:18:21 AM
#4418   I'd be careful here...the Tutes ethier bounce it 420man 05/20/19 07:00:14 PM
#4417   Bounce is close.... Loading before the par sar Liquid1974 05/20/19 06:53:08 PM
#4416   Eod runup. Hoping some followup tomorrow. George1234 05/20/19 04:14:04 PM
#4415   I don't own any, so gonna have to 420man 05/20/19 02:18:14 PM
#4414   Turn off lights George1234 05/20/19 02:11:01 PM
#4413   Serious dumping here... 420man 05/20/19 02:08:29 PM
#4412   Why Halcon Resources Is On The Verge Of Disaster Value_Investor 05/18/19 08:38:53 PM
#4411   I think at this time the big cats kermel 05/17/19 05:51:55 PM
#4410   Where did you get that Book Value number? Value_Investor 05/17/19 04:47:33 PM
#4409   * * $HK Video Chart 05-17-2019 * * ClayTrader 05/17/19 04:33:18 PM
#4408   Recovery is expected next week. George1234 05/17/19 02:42:05 PM
#4407   HK just created Another New 52-week-low $0.20 today! Value_Investor 05/17/19 02:39:05 PM
#4406   Expecting news of a sale or merger in WealthyKing 05/17/19 02:18:57 PM
#4405   HK market cap @ 34 million, over 140 WealthyKing 05/17/19 02:13:19 PM
#4404   Stick with your convictions and I will allow 420man 05/17/19 01:58:56 PM
#4403   Nope, just one with a consistent message and WealthyKing 05/17/19 01:56:27 PM
#4402   I think you may be more of a 420man 05/17/19 01:52:33 PM
PostSubject