Tag Archives: EV Energy Partners

Losses on EV Energy Partners ? You May be Entitled to Damages.

April 2, 2018

Houston based EV Energy Partners, L P (EVEP) , an oil and gas master limited partnership (MLP) has filed for Chapter 11 bankruptcy protection.

According to a press release EVEP listed between $50-$100 million in assets and liabilities between $500 million and $1 billion. EVEP has oil & gas properties in the Barnett Shale, San Juan Basin, Appalachian Basin, Permian Basin and Karnes County, Texas.

If the broker who recommended an investment in  EV Energy Partners misrepresented the risks associated with the investment  or if the broker did not have reasonable basis to make such a recommendation, losses may be recoverable from the firm employing the broker. Call for a no charge consultation to discuss your options.

Chart of EV Energy Partners

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Recover Oil & Gas Master Limited Partnership (MLP) Losses

January 2, 2015

If you have suffered losses on oil and gas master limited partnerships (MLPs) as a result of the recent plunge in price of crude, you may be able to recover those losses if the recommendation made for you to invest is deemed to be unsuitable.

FINRA Rule 2111 requires that a stock broker person “have a reasonable basis to believe that a recommended transaction or investment strategy involving a security or securities is suitable for the customer, based on the information obtained through the reasonable diligence of the [firm] or associated person to ascertain the customer’s investment profile.”

If you are retired and living on fixed income some of these investments may not have been suitable for your level of risk tolerance.

Oil & gas master limited partnerships have plummeted in value since oil’s retreat from over $100/bbl to the current mid $50/bbl valuation. For example as of January 2, 2015, some examples of the losses suffered in some popular oil and gas MLPs:

  • Memorial Production Partners (MEMP)        down 40% to $14.59
  • EV Energy Partners (EVEP)                                     down 51% to $19.27
  • Vanguard Natural Resources (VNR)                  down 53% to $15.07
  • Breitburn Energy Partners (BBEP)                     down 68% to $7.00
  • Linn Energy  (LINE)                                                         down 69% to $10.13

Contact us to learn more about your legal options.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870