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Emerge Energy Services LP Declines in Value

shutterstock_216917509The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding investments in the Emerge Energy Services LP (EMES).

Emerge Energy Services LP is a Master Limited Partnership (MLP) based in Southlake, Texas. According to the company’s website, Emerge Energy Services LP is “a growth-oriented limited partnership engaged in the businesses of mining, producing, and distributing silica sand, a key input for the hydraulic fracturing of oil and natural gas wells.” The MLP additionally “processes transmix, distributes refined motor fuels, operates bulk motor fuel storage terminals, and provides complementary fuel services.” Its sand segment is operated through the subsidiary Superior Silica Sands LLP, and its fuel business operates through subsidiaries Direct Fuels LLC and Allied Energy Company LLC.

Richard Shearer is Emerge Energy Services LP’s President and Chief Executive Officer; Deborah Delbert is Chief Financial Officer; Nadya Kurani is Chief Accounting Officer; Warren Bonham is Vice President. According to Bloomberg, EMES has declined in value by more than 89% in the last year.

A master limited partnership, or MLP, is a publicly traded limited partnership. It offers the tax benefits of a limited partnership and the liquidity of publicly traded securities. An MLP must generate at least 90% of its income from Internal Revenue Service-deemed “qualifying” sources like the production, processing, and transportation of oil, natural gas, and coal.

Master limited partnerships can be complicated investments with many risks; investors should seek a complete understanding of any investment from their broker or investment adviser, to ensure the product is suitable. Brokers and investment advisers who recommend unsuitable investments may be subject to disciplinary action by FINRA or the Securities and Exchange Commission.

If you have suffered losses as a result of investments made in Emerge Energy Services LP (EMES), you may be cable to recoup lost funds. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on contingency: we only receive payment if and when you recover money. You may have a limited window to file your claim, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.