Financial Results Release, Upcoming Investors Conferences, and Divested Assets - Analyst Notes on Reliance Steel & Aluminum, Halcon, Approach Resources, Magnum Hunter Resources and Kaiser Aluminum

NEW YORK, April 29, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Reliance Steel & Aluminum Co. (NYSE: RS), Halcon Resources Corp (NYSE: HK), Approach Resources, Inc. (NASDAQ: AREX), Magnum Hunter Resources Corp. (NYSE: MHR) and Kaiser Aluminum Corporation (NASDAQ: KALU). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1746-100free.

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Reliance Steel & Aluminum Co. Analyst Notes
On April 24, 2014, Reliance Steel & Aluminum Co. (Reliance Steel & Aluminum) reported its financial results for Q1 2014. Sales were $2.55 billion, up 26.1% YoY. Net income was $87.2 million, versus $83.7 million in Q1 2013. Earnings per diluted share stood at $1.11, compared with $1.09 in Q1 2013. Non-GAAP earnings per diluted share were $1.19 versus $1.13 in Q1 2013. Quarterly cash dividend went up $0.35 per share during Q1 2014 versus $0.30 in Q1 2013. Commenting on the results, David H. Hannah, Chairman and CEO of Reliance, said, "During the first quarter, the overall improvement in demand that we experienced in the second half of 2013 continued, in addition to the normal seasonal pick-up compared to the fourth quarter, with tons sold up 8.9%." For Q2 2014, management currently expects diluted EPS to be in the range of $1.30 to $1.40. The full analyst notes on Reliance Steel & Aluminum are available to download free of charge at:

http://www.analystsreview.com/1746-RS-29Apr2014.pdf

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Halcon Resources Corp Analyst Notes
On April 17, 2014, Halcon Resources Corp (Halcon) declared that it plans to release its Q1 2014 financial results on Wednesday, May 7, 2014 after the closing of trading on the New York Stock Exchange. Halcon stated that it will also hold a conference call to review the release on Thursday, May 8, 2014 at 10:00 a.m. EDT (9:00 a.m. CDT). The Company informed that the live webcast of the call will be available on the Company's website in the Investor Relations section under Events & Presentations. Additionally, the Company will also provide a webcast archive of the call for one year at the Halcon Resources website. The full analyst notes on Halcon are available to download free of charge at:

http://www.analystsreview.com/1746-HK-29Apr2014.pdf

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Approach Resources, Inc. Analyst Notes
On April 17, 2014, Approach Resources, Inc. (Approach Resources) announced that it plans to announce its Q1 2014 results on Thursday, May 8, 2014, after close of trading. The Company informed that it will also host a conference call on Friday, May 9, 2014, at 10:00 a.m. CT (11:00 a.m. ET) to review its Q1 2014 financial and operating results. Approach Resources informed that the conference call will be accessible via the Company's website, where a replay of the call will also be accessible. The full analyst notes on Approach Resources are available to download free of charge at:

http://www.analystsreview.com/1746-AREX-29Apr2014.pdf

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Magnum Hunter Resources Corp. Analyst Notes
On April 22, 2014, Magnum Hunter Resources Corp. (Magnum Hunter Resources) reported that it has executed a definitive agreement with a Canadian private company to sell 100% of its ownership interest in the Company's Canadian subsidiary, whose assets consist largely of oil and gas properties in the Tableland Field in Saskatchewan, Canada, for a purchase price of CAD75 million (an estimated $67.5 million at the exchange rate on the date of reporting), subject to customary purchase price adjustments with an effective date of March 1, 2014.The Company expects the transaction to close on or around May 12, 2014 subject to the satisfaction of customary closing conditions. According to Magnum Hunter Resources, the sale of its Canadian subsidiary will accomplish Magnum Hunter's goal of exiting and divesting all of the Company's Canadian assets. The full analyst notes on Magnum Hunter Resources are available to download free of charge at:

http://www.analystsreview.com/1746-MHR-29Apr2014.pdf

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Kaiser Aluminum Corporation Analyst Notes
On April 23, 2014, Kaiser Aluminum Corporation (Kaiser Aluminum) reported its financial results for Q1 2014. Net sales stood at $335.1 million, down 0.70% YoY. Net income was $15.8 million or $0.85 per diluted share versus $33.5 million or $1.73 per diluted share for Q1 2013. Excluding the impact of non-run-rate items and the Canadian tax benefit, adjusted net income was $13.3 million or $0.72 per diluted share for Q1 2014 versus adjusted net income of $19.9 million or $1.03 per diluted share for Q1 2013. Adjusted consolidated EBITDA was $36.5 million versus $48.0 million for Q1 2013. Jack A. Hockema, President, CEO and Chairman, commented, "The first quarter 2014 results reflected record heat treat plate and automotive extrusion shipments as we continued to benefit from investments we have made in recent years to increase capacity, improve efficiency and quality, and expand our product offering." The full analyst notes on Kaiser Aluminum are available to download free of charge at:

http://www.analystsreview.com/1746-KALU-29Apr2014.pdf

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