An earnings miss can cause a company to drop a few points, but both Halcon Resources (NYSE: HK ) and Kodiak Oil & Gas (NYSE: KOG ) 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.
More companies pulling down a hefty profits from America's energy boom
Record oil and natural gas production is revolutionizing the United States' energy portfolio, but finding the right plays for your portfolio can be like finding a needle in a pile of rusty needles. For this reason, we have put together a comprehensive look at three energy companies set to soar during this transformation in the energy industry. Let us help you discover these three companies that are spreading their wings by checking out our special report, "3 Stocks for the American Energy Bonanza." Simply click here and we'll give you free access to this valuable investment resource.