|Over a quarter ago|
Gulfport Energy appoints Quentin Hicks as EVP, CFO » 08:0808/1208/12/19
Gulfport Energy Corporation (GPOR) announced that Quentin Hicks will join the Company as EVP and CFO reporting to David Wood, President and CEO. Hicks will assume his new duties on August 26, 2019. Gulfport conducted a formal search for this position led by a leading national executive search firm. Hicks joins Gulfport from Halcon Resources Corporation (HK), where he most recently served as EVP, CFO and Treasurer. Hicks succeeds Keri Crowell, who is stepping down after a 14-year career with Gulfport.
One new option listing and one option delisting on July 23rd » 08:3007/2307/23/19
New option listings for…
New option listings for July 23rd include Halcon Resources Corporation New (HKRS). Option delistings effective July 23rd include Halcon Resources Corporation New (HK).
Halcon Resources announces suspension of trading, commencement of NYSE delisting » 08:1207/2307/23/19
Halcon Resources announced that it was notified by the New York Stock Exchange that due to "abnormally low" trading price levels, pursuant to Section 802.01D of the NYSE Listed Company Manual, the NYSE has determined to commence delisting proceedings to delist its common stock and warrants exercisable for common stock. Trading in the Company's securities was suspended on July 22, 2019. The NYSE will apply to the Securities and Exchange Commission to delist the common stock upon completion of all applicable procedures. The Company anticipates that effective July 23, 2019, the common stock and warrants of the Company will commence trading on the OTC Pink marketplace under the symbols "HKRS" and "HKRSW", respectively.
Halcon Resources trading resumes 15:5707/2207/22/19
Halcon Resources trading halted, news pending 14:0407/2207/22/19
Halcon Resources CFO Hicks to leave company » 16:4407/0907/09/19
In a regulatory filing,…
In a regulatory filing, Haclon Resources said that, on July 3, 2019, Quentin R. Hicks, Executive Vice President and Chief Financial Officer of the company, informed the board of directors that he will be departing from the company. Hicks will depart the company at a future date to be agreed between Hicks and the company. Hicks will continue to serve as the company's principal financial officer until his departure date.
Halcon Resources appoints Richard Little CEO » 16:4706/1006/10/19
Halcon Resources announced that its board has appointed Richard Little CEO effective June 11. Little fills the CEO vacancy created in February. James Christmas will continue to serve as non-executive chairman of the board. Little is a petroleum engineer with 23 years' experience in the energy business. He was most recently CEO of Ajax Resources.
Halcon Resources receives noncompliance notice from NYSE » 16:1305/3105/31/19
Halcon Resources disclosed that it received notice from the New York Stock Exchange, or NYSE, that the average price of its common stock has fallen below the NYSE's continued listing standard which requires that the average closing price of a listed company's common stock not be less than $1.00 per share for a period of 30 consecutive trading days. Under NYSE rules, the company will regain compliance if, during the six month period following receipt of the NYSE notice and on the last trading day of any calendar month, Halcon's common stock price per share and 30 trading-day average share price is at least $1.00. During this period, the company's common stock will continue to be traded on the NYSE, subject to compliance with other NYSE listing requirements. Halcon intends to notify the NYSE of its intent to cure this deficiency, to the extent it becomes necessary.
Halcon Resources downgraded to Neutral from Buy at Roth Capital » 09:5705/1005/10/19
Roth Capital analyst John…
Roth Capital analyst John White downgraded Halcon Resources to Neutral from Buy with a $3.50 price target, saying the company has has classified the outstanding borrowings under its senior credit agreement as a current liability and further advised that its current internal projections show that it will not be in compliance with the consolidated total net debt to EBITDA ratio and the current ratio covenants in future periods. As expected, White says Halcon has engaged financial advisors to assist in evaluating strategic and financial alternatives, adding that near-term financial options for the company could include a secured second lien note.
Halcon says hired advisors in March to help evaluate strategic alternatives » 09:5705/1005/10/19
Halcon said yesterday…
Halcon said yesterday that in late March it engaged Tudor Pickering and Holt and Perella Weinberg Partners to assist the company in evaluating strategic and financial alternatives. These alternatives may include the sale or merger of the company, select asset sales and/or other financing options that would replace the Halcon's existing senior revolving credit facility, Halcon said in a statement. The company does not expect to comment further unless and until a specific transaction is approved by its Board of Directors or the company otherwise decides further disclosure is appropriate or required.