Hurricane Energy share price crash: should you buy or sell? - The Motley Fool UK

in DLIKE4 years ago

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When I last wrote about Hurricane Energy (LSE: HUR) in June, I warned things could get worse. But I have to admit I didn't think the Hurricane Energy share price would fall by another 50%.

Unfortunately that's what happened on Friday, when the company said its Lancaster oil field may contain nearly 90% less oil than previously thought. Hurricane shares have now also fallen by 90% in 2020. Is there any hope for this former market darling, or should shareholders bail out now to avoid the risk of a total loss?


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