Halcón’s Stock Price Falls Below NYSE Listing Standard


On June 2, Halcón Resources Corp. reported that on May 26, it was notified that the price of its common stock had fallen below the New York Stock Exchange’s (NYSE) continued listing standard of $1 per share for 30 consecutive trading days.

Halcón intends to cure the deficiency through a restructuring and prepackaged Chapter 11 bankruptcy filing that it plans to undertake in the next few months.

Halcón’s Stock Price Falls Below NYSE Listing Standard

The company can regain compliance with continued listing standards if during the six-month period following the notice, and on the last day of any month, its common share price and its 30-trading day average are both at least $1.

During the six-month period, Halcón’s common stock will continue trading on the NYSE, subject to compliance with other listing requirements, the company said.

Houston-based Halcón said that receiving the listing standards notification did not cause a default under any debt agreements.


The crossroads of energy information for minerals owners in Oklahoma. Where you can: See recent prices of mineral and lease transactions. Receive an offer to lease or buy your minerals.

Find relevant news stories on the most active areas, including the Scoop and Stack Plays.

Data Powered by Oseberg

Today’s E&P world is rapidly shifting towards data-driven decision making, but those decisions are only as good as the data behind them. Access Oseberg's deep, accurate, and detailed pool of insight-rich industry data with our powerful analytical and search tools and get the clearest picture of what's happening as soon as it happens.


This web site is maintained solely for the personal use of our visitors. Although we at Oklahoma Minerals have made all reasonable efforts to provide accurate information, we cannot guarantee the completeness, timeliness or accuracy of the information contained herein. Nothing in this web site contains investment advice. Any decisions based upon the information contained in this web site are the sole responsibility of the user.

Copyright © 2022

To Top
Want to know what your minerals are worth? Contact us today! ➡️Free Consultation