Suffered Halcon Resources Corporation (NYSE: HK) Losses?

Soreide Law Group is reviewing brokers’ and financial advisors’ investment recommendations regarding Halcon Resources Corporation (NYSE: HK). Halcon is an independent energy company that focuses on acquiring, producing, exploring and developing liquids-rich assets that. Apparently, the company operates in North Dakota, Three Forks, Bakken and the Delaware Basin. As of January 25, 2019, Halcon Resources Corporation’s stock (HK) has a 52 week Range of $1.43 to $8.66.

HK Oil And Gas Investment Volatility And Losses

Some financial advisors and brokers may have, at several points over the years, claimed that oil and gas investments could provide investors with income and growth. Some of those advisors have possibly steered their customers into investments including HK by claiming that oil and gas investments are a more conservative way to generate income and growth. However, oil and gas investments are sector-specific and historically volatile. Indeed, crude oil prices dropped substantially in 2015. Those investors that bought oil and gas companies like HK during that time, and at previous times, experienced substantial drops in the value of their securities positions.
Additionally, some brokers and financial advisors may have misrepresented the risks of making investments in HK. Additionally, brokers and financial advisors could have sold investors HK oil and gas stock when the investment was not suitable for the investor. Eventually, the lack of performance of the oil and gas sector has led to significant losses for investors. Also, in some cases, investors do not become aware that oil and gas investments are not as conservative and low risk as brokers and financial advisors have made them seem. Accordingly, beware of brokers making unsuitable or misrepresented sales of HK.

Soreide Law Group Investigating Oil And Gas Recommendations

Investors that have experienced losses by investing with Halcon Resources Corporation (HK) should contact Soreide Law Group at (888) 760-6552 and speak with experienced counsel about a possible recovery of investment losses. Soreide Law Group represent clients on a contingency fee basis and advance all costs. The firm has recovered millions of dollars for investors who have suffered losses due to misconduct of brokers and brokerage firms.