Halcón Resources Corporation Q3 Earnings Fall 90%

(RTTNews) - Halcón Resources Corporation (HK) released a profit for third quarter that dropped from last year.

The company said its profit fell to $2.06 million, or $0.02 per share. This was down from $21.18 million, or $0.18 per share, in last year's third quarter.

The company said revenue for the quarter fell 82.2% to $23.11 million. This was down from $129.94 million last year.

Halcón Resources Corporation earnings at a glance:

-Earnings (Q3): $2.06 Mln. vs. $21.18 Mln. last year. -Earnings Decline (Y-o-Y): -90.3% -EPS (Q3): $0.02 vs. $0.18 last year. -EPS Decline (Y-o-Y): -88.9% -Revenue (Q3): $23.11 Mln vs. $129.94 Mln last year. -Revenue Change (Y-o-Y): -82.2%