1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Holly LaFon
Holly LaFon
Articles (7058) 

Baron Funds Comments on Halcon Resources Corp

December 10, 2013 | About:

Halcon Resources Corp. (NYSE:HK) is an emerging growth company in the independent exploration and production industry. The company is well positioned in several key unconventional oil plays around the country. Even though the company appears to have improved its drilling results and met expectations for growth in the third quarter, its shares suffered from balance sheet concerns and the company's ability to fund its growth over the next 12-18 months. Halcon raised capital in August and sold assets at a favorable price, both of which we think should allay these concerns.

From Ron Baron's Baron Funds third quarter 2013 commentary.


Rating: 1.0/5 (2 votes)

Comments

Please leave your comment:


GuruFocus has detected 5 Warning Signs with Halcon Resources Corp $HK.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

User Generated Screeners


kw1123S&P Buy
dpostelBook Appreciation
nmccutcheonMID CAP
DANGORDON*
DANGORDONBOOK VAL GROWTH RATE 2-12-17
nmccutcheonMid-cap value
Marty Fletcher10% ROE ROC 12 PE
milesahead04smallCap AllAround2
milesahead04smallCap AllAround
vinsandhuROE2 Asia
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK