On Jun 9, 2014, Halcon Resources Corp (NYSE:HK) released an operational update. This reveals the upstream energy firm’s recent exploration and production activities in 314,000 net acres of Tuscaloosa Marine Shale (:TMS). Halcon Resources Corp (NYSE:HK) stock opened today at $6.97 and is currently trading at $7.05. The stock showed a positive weekly performance of 11.90%.
Sabine Oil & Gas LLC on June 17 provided an update on financing arrangements in relation to the proposed business combination transaction with Forest Oil Corporation (NYSE:FST) announced on May 6, 2014. David Sambrooks, Sabine’s Chief Executive Officer, stated, “There was a report yesterday that the $850 million bridge financing facility was pulled – this is incorrect. Forest Oil Corporation (NYSE:FST) stock opened at $2.31, in current trading session and currently is at $2.36, by gaining 17.16%. The 52 week range is $1.68 – $6.67. Company’s market capitalization is $280.31 million.
Biofuel Energy Corp. has entered into an agreement to acquire homebuilding-financing company JBGL for $275 million in cash and stock. BioFuel Energy Corp. (NASDAQ:BIOF) stock is currently trading at $7.11. The EPS of the stock is -4.37. Company’s market capitalization is $44.68 million.
On June 12, Cameron International (NYSE:CAM) SVP James E. Wright unloaded 75,265 shares of the company’s stock on the open market in a transaction dated Monday, June 9th. The stock was sold at an average price of $65.50, for a total value of $4,929,857.50. Following the completion of the sale, the senior vice president now directly owns 58,158 shares in the company, valued at approximately $3,809,349. Cameron International Corporation (NYSE:CAM) stock opened the session at $ 65.03, and now is at $65.27. The 52 week range of the stock remained $52.50 – $ 66.93 and the day range was $64.78 – $65.45.
Sanchez Energy Corp (NYSE:SN) had its price objective raised by RBC Capital from $34.00 to $37.00 in a research report released on Monday morning. RBC Capital currently has an outperform rating on the stock. Sanchez Energy Corp (NYSE:SN) stock opened today at $ 36.68 and is currently trading at $36.85. The stock showed a positive weekly performance of 5.47%.