With crude oil trading in the range of $45 a barrel, down from over $100 a barrel in the past year, investments linked to the value of crude oil extraction such as royalty trusts have also seen their share prices plummet.
The ten largest royalty trusts traded on the U.S. exchanges are:
BP Prudhoe Bay Royalty (BPT)
Chesapeake Granite Wash (CHKR
Hugoton Royalty (HGT)
Sandridge Mississippian I (SDT)
Sandridge Mississippian II (SDR)
Sandridge Permian (PER)
San Juan Basin (SJT)
Pacific Coast Oil (ROYT)
Permian Basin (PBT)
Sabine Royalty Trust (SBR)
Financial advisors have a duty to make only suitable recommendations that take into account all relevant factors, including the risk tolerance, investment objectives, age and health of the investor. While all investing involves risk, and almost any investment linked to royalties from oil drilling will suffer losses if the price of oil drops, financial advisors may only recommend such investments to investors who can afford and tolerate the potential losses.
If you have suffered significant losses as a result of your investment in a royalty trust, you may have a valid securities arbitration claim. To find out more about your legal rights and options, contact an attorney at Law Office of Christopher J. Gray at (866) 966-9598 or firstname.lastname@example.org for a no-cost, confidential consultation.