Halcon Resources Corporation (NYSE:HK)

CAPS Rating: 1 out of 5

An independent oil and natural gas company engaged in the acquisition, development, exploitation, exploration and production of oil and natural gas properties, in Texas, Louisiana and Oklahoma.

Caps

How do you think HK will perform against the market?

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All Players

340 Outperform
26 Underperform
 

All-Star Players

29 Outperform
12 Underperform
 

Wall Street

6 Outperform
2 Underperform
 

Top HK Bull/Bear Pitches

The best Bull and Bear pitches based on recency and number of recommendations.

Pilkin01 (< 20)
Submitted April 06, 2015

Best management team in business. Quality asset base. 189 m+ boe resrves proved as of 12-31-2014.

jed71 (99.87)
Submitted February 05, 2016

I swore I would leave the oil and gas companies alone but then I found this one. I am picking on this one for all of the normal reasons, massively declining revenue (on a quarterly basis), free cash flow burn, a boatload of debt, big GAAP losses, and… More

HK VS S&P 500 (SPY)

Recent Community Commentary

Read the most recent pitches from players about HK.

Recs

0
Member Avatar saxjax (35.41) Submitted: 1/25/2017 6:52:57 PM : Outperform Start Price: $9.52 HK Score: -42.12

...+++...

Recs

1
Member Avatar jed71 (99.87) Submitted: 2/5/2016 10:38:24 AM : Underperform Start Price: $18.36 HK Score: +96.44

I swore I would leave the oil and gas companies alone but then I found this one. I am picking on this one for all of the normal reasons, massively declining revenue (on a quarterly basis), free cash flow burn, a boatload of debt, big GAAP losses, and more losses likely to come. But I am also ASTOUNDED by the small growth of their natural resources over the past 5 quarters. I am sure they are following the proper accounting standards, some no, I am not suggesting any shenanigans. But, I am wondering, how could they claim higher natural resource value this quarter versus 9/30/2014? Hasn't oil dropped from $90 to close to $30 a barrel?

This is why I hate GAAP balance sheets for commodity producers. So hard to determine the true value of their assets. My personal view is their "natural resources" are worth about a third of what they have on their balance sheet. Maybe a little more, but probably not by much. If I assume natural resource value of about $3.5BB, they still have lots of write offs to do, about $4BB!! I think its obvious this company would not survive write downs of this size. I normally give 12 months for bankruptcy of an entity in this bad of condition, but because they have sizable derivative hedges, they could last for a bit long than 12 months. I do not think they will survive, but maybe they can pull a rabbit out of their hat for this quarter's earnings report? (Proving unicorns really do exist!)

Recs

1
Member Avatar Pilkin01 (< 20) Submitted: 4/5/2015 8:10:49 PM : Outperform Start Price: $278.80 HK Score: -118.53

Best management team in business. Quality asset base. 189 m+ boe resrves proved as of 12-31-2014.

Leaderboard

Find the members with the highest scoring picks in HK.

Score Leader

barbil

barbil (83.46) Score: +375.83

The Score Leader is the player with the highest score across all their picks in HK.

Top
Pick
Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
Index
Gain
Score Commentary
dexxyru < 20 10/1/2009 Underperform 5Y $775.20 -99.18% +140.24% +239.42 0 Comment
Maribaza 96.63 6/15/2010 Underperform 5Y $1,055.70 -99.40% +125.86% +225.26 0 Comment
zeroego < 20 9/17/2008 Underperform 3Y $1,371.90 -99.54% +119.33% +218.86 0 Comment
walt393 99.90 1/4/2012 Underperform 5Y $1,575.90 -99.60% +96.06% +195.66 0 Comment
walt373 99.88 1/4/2012 Underperform 5Y $1,575.90 -99.60% +96.06% +195.66 0 Comment
eaglett101 64.70 4/8/2008 4/27/2010 Underperform 1Y $2,539.80 -99.75% +89.31% +189.06 0 Comment
milewinner 78.97 11/9/2007 Underperform 1Y $2,692.80 -99.76% +79.37% +179.14 0 Comment
jdill23 < 20 4/3/2012 Underperform 3M $1,599.82 -99.60% +76.97% +176.58 0 Comment
gjpathfidner < 20 12/12/2007 Underperform 1Y $2,544.90 -99.75% +74.12% +173.87 0 Comment
superjd1 < 20 3/18/2013 Underperform 3Y $1,207.00 -99.47% +61.58% +161.06 0 Comment

Wall Street

See what the Wall Street professionals think, according to their public statements and filings.

Player Name Player
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
S&P
Gain
Score End Date Commentary
TrackJimCramer 84.82 11/7/2013 Underperform 3W $766.70 -99.17% +42.57% +141.74 0 Comment
TrackStifel 94.63 5/15/2013 Outperform NS $1,142.40 -29.17% +0.05% -29.22 8/20/2013 @ $809.20 0 Comment
TrackRaymondJame 92.44 4/16/2013 Outperform NS $1,201.05 -99.47% +59.57% -159.04 0 Comment
TrackCapitalOne < 20 11/15/2012 Outperform NS $997.90 -99.36% +83.40% -182.77 0 Comment
TrackCanaccord 61.97 9/28/2012 Outperform NS $1,252.90 -99.49% +73.08% -172.57 0 Comment
TrackWunderlich < 20 6/7/2012 Outperform NS $1,698.30 -99.63% +86.85% -186.48 0 Comment
trackhowardweil < 20 2/17/2012 Outperform NS $1,985.60 -99.68% +82.68% -182.36 0 Comment
TrackUltraLong < 20 1/6/2012 Underperform NS $1,519.80 -99.58% +95.04% +194.62 1 Comment
trackglobalhunte < 20 12/6/2011 Outperform NS $566.10 +225.53% +8.57% +216.96 3/5/2012 @ $1,842.80 0 Comment
TrackRodmanRen < 20 11/8/2011 Outperform NS $470.83 +114.47% -1.12% +115.59 12/23/2011 @ $1,009.80 0 Comment
TrackWunderlich < 20 12/28/2009 Outperform NS $969.00 -22.11% +0.11% -22.21 9/17/2010 @ $754.80 0 Comment
TrackRodmanRen < 20 10/2/2009 Outperform NS $775.20 -23.68% +29.65% -53.34 7/27/2011 @ $591.60 0 Comment
TrackJimCramer 84.82 6/13/2008 Outperform 3W $2,922.30 -73.76% +29.40% -103.16 11/7/2013 @ $766.70 0 Comment
TrackJimCramer 84.82 5/14/2008 Underperform 3W $2,805.00 +4.18% -3.97% -8.15 6/14/2008 @ $2,922.30 0 Comment
TrackFerrisBaker < 20 2/22/2007 Outperform NS $2,294.95 -29.55% -5.37% -24.18 4/17/2012 @ $1,616.70 0 Comment
TrackJefferies 83.57 2/20/2007 Outperform NS $2,346.00 -99.73% +81.85% -181.58 0 Comment
TrackRBCCapMkts 88.20 2/20/2007 Outperform NS $2,346.00 -71.34% +27.29% -98.63 2/26/2014 @ $672.35 0 Comment

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