Heckmann (HEK) -8.9% premarket after reporting higher Q2 earnings and revenue but noting a...

|By:, SA News Editor

Heckmann (HEK) -8.9% premarket after reporting higher Q2 earnings and revenue but noting a slowdown in natural gas drilling in the Haynesville Shale region. Global Hunter cuts shares to Neutral from Buy, believing HEK will remain in the penalty box with investors until it shows sequential quarters of profitable growth and management can rebuild credibility.