Halcon Resources Acquires Delaware Basin Lands

Halcon Resources Acquires Delaware Basin Lands

Halcon Resources, and oil-and-gas driller, said late Tuesday it entered into an agreement to buy 20,748 net acres in the Southern Delaware Basin for $705 million with a Nov. 1, 2016, effective purchase date. Halcon also said it entered into an option agreement to purchase an additional 15,040 net acres in Ward County, Texas from a private operator for $11,000 per acre, or $165.4 million. Finally, the oil driller agreed […]

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TE Connectivity Beats in Fiscal Q1

TE Connectivity Beats in Fiscal Q1

TE Connectivity Wednesday reported better-than-expected results for fiscal Q1 and provided its guidance for fiscal 2017. Non-GAAP earnings in the quarter ended Dec. 30 was $1.15 per share, up from last year’s $0.84, exceeding the Capital IQ consensus of $1. Sales grew year-over-year to $3.06 billion from $2.83 billion, beating the mean estimate of $3.01 billion provided by Capital IQ. For fiscal Q2, company expects non-GAAP EPS of $1.05 to […]

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