NEW YORK (
Petrohawk Energy Corporation
) hit a new 52-week high Wednesday as it traded at $23.81 compared with its previous 52-Week high of $23.80. Petrohawk Energy is changing hands at $23.75 with 4.5 million shares traded as of 11:56 a.m. ET. Average volume has been 6.7 million shares over the past 30 days.
Petrohawk Energy has a market cap of $6.8 billion and is part of the
industry. Shares are up 24.8% year to date as of the close of trading on Tuesday.
Petrohawk Energy Corporation engages in the exploration, development, and production of oil and natural gas properties in the United States. The company holds interests in various properties located in North Louisiana, Arkansas, South Texas, East Texas, and Oklahoma. The company has a P/E ratio of 28.9, below the average energy industry P/E ratio of 36.4 and above the S&P 500 P/E ratio of 16.1.
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TheStreet Ratings rates Petrohawk Energy as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and generally poor debt management. You can view the full
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