Share on StockTwits

Magnum Hunter Resources Corp (NYSE:MHR) is scheduled to issue its Q114 quarterly earnings data on Friday, May 9th. Analysts expect the company to announce earnings of ($0.16) per share and revenue of $96.43 million for the quarter.

Magnum Hunter Resources Corp (NYSE:MHR) last released its earnings data on Monday, February 24th. The company reported ($0.14) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.21) by $0.07. The company had revenue of $77.60 million for the quarter, compared to the consensus estimate of $84.72 million. On average, analysts expect Magnum Hunter Resources Corp to post $-0.63 EPS for the current fiscal year and $-0.68 EPS for the next fiscal year.

Shares of Magnum Hunter Resources Corp (NYSE:MHR) opened at 7.91 on Thursday. Magnum Hunter Resources Corp has a 52 week low of $3.11 and a 52 week high of $9.27. The stock’s 50-day moving average is $8.31 and its 200-day moving average is $7.75. The company’s market cap is $1.360 billion.

MHR has been the subject of a number of recent research reports. Analysts at Deutsche Bank raised their price target on shares of Magnum Hunter Resources Corp from $7.00 to $9.00 in a research note on Monday, April 28th. They now have a “hold” rating on the stock. On the ratings front, analysts at Maxim Group initiated coverage on shares of Magnum Hunter Resources Corp in a research note on Thursday, April 17th. They set a “hold” rating and a $9.00 price target on the stock. Finally, analysts at Wunderlich reiterated a “buy” rating on shares of Magnum Hunter Resources Corp in a research note on Thursday, February 27th. They now have a $12.00 price target on the stock, up previously from $10.00. Seven investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $8.18.

Magnum Hunter Resources Corporation (NYSE:MHR) is an independent oil and gas company engaged in the exploration for and the exploitation, acquisition, development and production of crude oil, natural gas and natural gas liquids, primarily in the states of West Virginia, Ohio, Texas, Kentucky and North Dakota and in Saskatchewan, Canada.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.