Halcon hit the reset button in 2016 and is now focusing on the Permian Basin.
Halcon delivered production of 29 thousand barrels of oil equivalent per day, or mboe/d, in the third quarter (76% oil), which was in line with our estimate. That includes a big contribution from the firm’s recently divested Williston Basin assets. Following the closure of the two associated transactions the company’s production is 5.5 mboe/d, comprising Delaware Basin volumes only. Management noted that the loss of scale has resulted in operating costs climbing to $19.30 in the third quarter (u...Halcon Resources is an independent energy company focused on the acquisition, production, exploration and development of onshore liquids-rich oil and natural gas assets in the U.S. The company focuses on oil and natural gas acquisition, production, exploration and development in the Delaware Basin. The company's properties and drilling activities are focused in the Delaware Basin in Pecos, Reeves, Ward and Winkler Counties, TX.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.