Traded publicly on the New York Stock exchange, under the ticker symbol MHR, Magnum Hunter is registered as an independent oil and gas company. It is engaged in the exploration, exploitation, development, production and acquisition of natural gas, crude oil and natural gas liquid resources. The operations of the company are concentrated in three known shale resource plays in the country: Williston Basin/Bakken Shale, Ultica Sale and Marcellus Shale. In addition, they are also engaged in midstream and oilfield services operations in the regions of Ohio, Texas and in West Virginia.
The largest operations of the company are located in North Dakota on the Bakken Shale where they have about 102,869 net acres in leasehold. Magnum continues to be on the lookout for possible acquisition and expansion of their operations.