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Where Is Harvest Natural Resources Inc (NYSE:HNR) Headed?

 
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Las Vegas, NV -- (SBWIRE) -- 06/07/2013 -- Harvest Natural Resources, Inc. (NYSE:HNR) is trading at $3.48 after share price fall of 4.66%. The company share traded at highest of $10.83 and lowest of $2.45 during last 52 weeks.

Harvest Natural Resources share price grew by 32.86% at $3.72 after the news that HNR gained profits in first quarter of 2013. The company earned $36.1 million during the first quarter. In other words, the company earned 91 cents per share. Last year the company had 3 cents loss per share in the first quarter ended March 31.

The company had total revenue of $213 million. Its oil revenues are $317.3 million and gas sales revenue $1.2 million. The company had $105.5 million loss from royalty.

Harvest Natural Resources, Inc. is a company involved in petroleum exploration and production. HNR acquires exploration, develops and produces properties in geological basins. HNR has interests in the Bolivarian Republic of Venezuela. It also has indirect interests of 80% of HNR Finance and Oil & Gas Technology Consultants.

To find out what ChartPoppers projects for Harvest Natural Resources, Inc. for both short term and long term please click here: HNR

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