If You Sell an Energy Company, Sell for the Right Reasons
An earnings miss can cause a company to drop a few points, but both Halcon Resources and Kodiak Oil & Gas saw a good chunk of investors sell after missing Wall Street earnings expectations. For these two young companies, it's very hard to justify a mass exodus based on an EPS miss of a few cents when so many things are going right on the production side of the business.
If you are going to sell shares in a company like Halcon Resources or Kodiak Oil & Gas, then you should do it for the right reasons. Tune into the video below to find out a good reason to sell a company and whether Halcon and Kodiak are sell candidates right now.
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The article If You Sell an Energy Company, Sell for the Right Reasons originally appeared on Fool.com.Fool contributors Aimee Duffy and Tyler Crowe have no position in any stocks mentioned. You can follow them on Twitter @TMFDuffy and @TylerCroweFool, respectively. The Motley Fool has no position in any of the stocks mentioned, either. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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