Halcon Resources (OTCMKTS:HKRSQ) versus Carbon Energy (OTCMKTS:CRBOD) Head to Head Analysis

Profitability

This table compares Carbon Energy and Halcon Resources’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Carbon Energy -38.38% -8.44% -2.43%
Halcon Resources -324.96% -238.22% -73.12%

Earnings and Valuation

This table compares Carbon Energy and Halcon Resources”s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Carbon Energy $116.63 million 0.00 $1.10 million ($1.84) 0.00
Halcon Resources $224.68 million 0.05 -$1.17 billion N/A N/A

Carbon Energy has higher earnings, but lower revenue than Halcon Resources.

Insider and Institutional Ownership

10.5% of Carbon Energy shares are held by institutional investors. 7.1% of Carbon Energy shares are held by insiders. Comparatively, 6.1% of Halcon Resources shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Summary

Carbon Energy beats Halcon Resources on 6 of the 8 factors compared between the two stocks.

About Carbon Energy

(Get Free Report)

Carbon Energy Corporation, an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids properties in the United States. It focuses on conventional and unconventional reservoirs, including shale, tight sand, and coalbed methane located in the Appalachian, Illinois, and Ventura Basins. As of December 31, 2018, it owned working interests in 7,100 net wells and royalty interests in approximately 900 wells located in California, Illinois, Indiana, Kentucky, Ohio, Tennessee, Virginia, and West Virginia, as well as had leasehold positions in approximately 340,700 net developed acres and approximately 1,319,200 net undeveloped acres. The company was formerly known as Carbon Natural Gas Company and changed its name to Carbon Energy Corporation in June 2018. Carbon Energy Corporation was founded in 2007 and is based in Denver, Colorado.

About Halcon Resources

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Halcón Resources Corporation, an independent energy company, engages in the acquisition, production, exploration, and development of onshore oil and natural gas assets in the United States. As of December 31, 2018, the company held interests in 56,900 net acres in the Delaware Basin, located in Pecos, Reeves, Ward, and Winkler Counties, Texas. As of December 31, 2018, it had estimated proved reserves of approximately 85.2 million barrels of oil equivalent comprising 50.7 million barrels of crude oil, 17.1 million barrels of natural gas liquids, and 104.7 billion cubic feet of natural gas. The company was formerly known as RAM Energy Resources, Inc. and changed its name to Halcón Resources Corporation in February 2012. Halcón Resources Corporation was founded in 1987 and is headquartered in Houston, Texas. On August 7, 2019, Halcón Resources Corporation along with its affiliates filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for Southern District of Texas.

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