Advertisement
Canada markets close in 6 hours 16 minutes

  • S&P/TSX

    21,937.38
    +52.00 (+0.24%)
     

  • S&P 500

    5,085.44
    +37.02 (+0.73%)
     

  • DOW

    38,202.70
    +116.90 (+0.31%)
     

  • CAD/USD

    0.7322
    -0.0002 (-0.02%)
     

  • CRUDE OIL

    84.17
    +0.60 (+0.72%)
     

  • Bitcoin CAD

    87,469.93
    +867.16 (+1.00%)
     

  • CMC Crypto 200

    1,378.72
    -17.82 (-1.28%)
     

  • GOLD FUTURES

    2,354.20
    +11.70 (+0.50%)
     

  • RUSSELL 2000

    1,981.12
    -14.31 (-0.72%)
     

  • 10-Yr Bond

    4.6710
    -0.0350 (-0.74%)
     

  • NASDAQ

    15,822.96
    +211.20 (+1.35%)
     

  • VOLATILITY

    15.48
    +0.11 (+0.72%)
     

  • FTSE

    8,123.09
    +44.23 (+0.55%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • CAD/EUR

    0.6829
    +0.0008 (+0.12%)
     
MARKETS LIVE BLOG:

STOCKS RISE, LED BY STELLAR ALPHABET, MICROSOFT EARNINGS

Results from 'Magnificent Seven' duo show cloud revenue boosted by strong AI demand

Oil producer Halcon Resources files for bankruptcy protection

Reuters
The word oil is pictured on an oil bank at a recycling yard in London March 2, 2011. REUTERS/Stefan Wermuth (Reuters)

(Reuters) - Halcon Resources Corp <HK.N>, which produces oil in Texas and North Dakota, filed for Chapter 11 bankruptcy protection on Wednesday.

The company listed assets and liabilities in the range of $1 billion to $10 billion, according to a filing with the U.S. Bankruptcy Court for the District of Delaware. http://bit.ly/2ad3wX1

In May, Halcon stated it intends to file for a prepackaged bankruptcy that would wipe out $1.8 billion in debt and help it survive the drop in crude prices.

(Reporting by Sangameswaran S in Bengaluru; Editing by Gopakumar Warrier)