Why Halo Energy Stock is a Winner Source New Scientist

The $1 billion Halo Energy stock was announced in a letter sent by CEO Mark Coker to investors last week, just days after he had his share price plummet. 

It was the first time the company had publicly unveiled a stock price since 2007, when the shares had an average price of $5.75. 

Halo shares were trading at $1.36 at the time of the letter. 

Coker told investors in a statement that the company was “delighted” to announce the stock price of Halo Energy at this time.

“We believe this is a positive sign that our portfolio of energy stocks will continue to grow and we’re excited to be part of the Halo family,” he said. 

Shares in the company were last up nearly 20 per cent in 2017, with the market valuing Halo Energy shares at about $2.1 billion.

Halo Energy shares rose over 3 per cent on Monday morning, to close at $2,247.30.