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 (7942) 

Baron Funds Comments on Halcon Resources

May 24, 2012 | About:

From Baron Funds first quarter letter: Halcon Resources Corp. (NYSE:HK) is an independent exploration and production company that was recently recapitalized through a merger between a private company (Halcon) that was founded by the former management team of Petrohawk Energy and a small public company Ram Energy. This team started Halcon shortly after the close of the sale of Petrohawk to BHP Billiton for $15 billion. The focus of the recapitalization was to gain access to public markets and capital to enable Halcon to reposition Ram's asset into a handful of emerging unconventional and conventional oil plays in the U.S.We believe that the current management and technical team at Halcon can replicate the successes they had at Petrohawk and several other predecessor entities through aggressive leasing and development. As a result, Halcon could produce substantial growth in oil/liquids production, cash flow and shareholder value over the next several years. (Jamie Stone)

Rating: 3.0/5 (3 votes)


Please leave your comment:

Performances of the stocks mentioned by Holly LaFon

User Generated Screeners

JFranklinTo Short Stage 4
eae010Forward Growth Edited
bpatton23L/Cap value
AJPringAP screen102017 NO LOW
Nightdoc2Large Value
DBrizan2017 oct20CDN
DBrizan2017 oct20CDN dividend
althekearoct 17 user defined screen
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)

GF Chat