Last $4.03 USD
Change Today +0.10 / 2.54%
Volume 11.2M
SD On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 11/21/14 All times are local (Market data is delayed by at least 15 minutes).

sandridge energy inc (SD) Snapshot

Open
$4.06
Previous Close
$3.93
Day High
$4.20
Day Low
$3.95
52 Week High
06/20/14 - $7.43
52 Week Low
11/6/14 - $3.30
Market Cap
2.0B
Average Volume 10 Days
6.9M
EPS TTM
$0.01
Shares Outstanding
494.0M
EX-Date
--
P/E TM
294.7x
Dividend
--
Dividend Yield
--
Current Stock Chart for SANDRIDGE ENERGY INC (SD)

sandridge energy inc (SD) Related Businessweek News

View More BusinessWeek News

sandridge energy inc (SD) Details

SandRidge Energy, Inc., together with its subsidiaries, explores for and produces oil and natural gas properties primarily in the Mid-Continent region of the United States. It operates through three segments: Exploration and Production, Drilling and Oil Field Services, and Midstream Services. The Exploration and Production segment explores for, develops, and produces oil and natural gas properties; and operates wells. The Drilling and Oil Field Services segment is involved in the contract drilling of oil and natural gas wells. This segment also offers oil field services, including providing pulling units, trucking, rental tools, location, and road construction and roustabout services. The Midstream Services segment is engaged in purchasing, gathering, treating, and selling natural gas. As of December 31, 2013, it had 4,388 gross producing wells; approximately 3,624,000 gross total acres under lease; and 30 rigs drilling in the Mid-Continent, as well as estimated proved reserves were 433.4 million barrels of oil equivalent. SandRidge Energy, Inc. is headquartered in Oklahoma City, Oklahoma.

1,911 Employees
Last Reported Date: 02/28/14

sandridge energy inc (SD) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.1M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $207.6K
Senior Vice President of Midstream
Total Annual Compensation: $574.5K
Principal Accounting Officer and Senior Vice ...
Total Annual Compensation: $569.0K
Compensation as of Fiscal Year 2013.

sandridge energy inc (SD) Key Developments

SandRidge Energy, Inc. announced delayed 10-Q filing

On 11/12/2014, SandRidge Energy, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

The Rosen Law Firm Files Securities Fraud Class Action against SandRidge Energy, Inc

The Rosen Law Firm announced that it has filed a class action lawsuit on behalf of purchasers of SandRidge Energy, Inc. securities from March 1, 2013 through November 4, 2014. The lawsuit seeks to recover damages for SandRidge Energy investors under the federal securities laws. On November 4, 2014, SandRidge Energy announced that the U.S. Securities and Exchange Commission has asked the company to reassess its accounting for penalties paid under a contract with Occidental Petroleum Corp. The suit claims that when this adverse information entered the market, the price of SandRidge Energy securities dropped, damaging investors.

SandRidge Energy, Inc. Reports Production and Capital Expenditure Results for the Third Quarter and Nine Months Ended September 30, 2014; Revises Production and Earnings Guidance for the Year 2014; Provides Capex Guidance for the Year 2015

SandRidge Energy, Inc. reported production and capital expenditure results for the third quarter and nine months ended September 30, 2014. For the quarter, oil production was 2,644 MBbl against 3,372 MBbl a year ago. NGL production was 1,109 MBbl against 577 MBbl a year ago. Natural gas production was 21,501 MMcf against 25,788 MMcf a year ago. Oil equivalent production was 7,337 MBoe against 8,247 MBoe a year ago. Daily production was 79.7 MBoed against 89.6 MBoed a year ago. Pro forma oil production was 2,644 MBbl against 2,278 MBbl a year ago. Pro forma NGL production was 1,109 MBbl against 453 MBbl a year ago. Pro forma natural gas production was 21,501 MMcf against 18,525 MMcf a year ago. Pro forma oil equivalent production was 7,337 MBoe against 5,819 MBoe a year ago. Pro forma daily production was 79.7 MBoed against 63.3 MBoed a year ago. For the nine monrths, oil production was 7,927 MBbl 10,902 MBbl a year ago. NGL production was 2,500 MBbl against 1,608 MBbl a year ago. Natural gas production was 62,335 MMcf against 78,342 MMcf a year ago. Oil equivalent production was 20,816 MBoe against 25,567 MBoe a year ago. Daily production was 76.2 MBoed against 93.7 MBoed a year ago. Pro forma oil production was 7,254 MBbl against 6,629 MBbl a year ago. Pro forma NGL production was 2,447 MBbl against 1,009 MBbl a year ago. Pro forma natural gas production was 58,760 MMcf against 52,921 MMcf a year ago. Pro forma oil equivalent production was 19,495 MBoe against 16,458 MBoe a year ago. Pro forma daily production was 71.4 MBoed against 60.3 MBoed a year ago. For the quarter, the company reported total capital expenditure was $468,196,000 against $329,507,000 a year ago. For the nine months, the company reported total capital expenditure was $1,137,457,000 against $1,113,979,000 a year ago. The company increased its CapEx slightly by $75 million to account for additional back half of the year seismic and land spending in areas where the company seeing its best results and final Permian Trust drilling cost inflation and some closing costs related to its early 2014 Gulf of Mexico sale. Importantly, the company’s core Midcontinent drilling and completion CapEx remains unchanged at $1 billion. Production of Oil expected to be 10.8 MMBbls to 11.2 MMBbls, Natural Gas Liquids expected to 3.6 MMBbls to 3.7 MMBbls, total production expected to be 28.3 MMBoe to 29.0 MMBoe. EBITDA from oilfield services and other expected to be $30 million, adjusted net income attributable to noncontrolling interest expected to be $110 million, adjusted ebitda attributable to noncontrolling interest expected to be $145 million. For the year 2015, the company will be lowering its 2015 CapEx from the previously indicated $1.55 billion level.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SD:US $4.03 USD +0.10

SD Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Energy XXI Ltd $7.37 USD +0.14
Laredo Petroleum Inc $17.04 USD +0.42
Rosetta Resources Inc $37.87 USD +1.30
Stone Energy Corp $23.30 USD +0.72
Ultra Petroleum Corp $23.59 USD +0.01
View Industry Companies
 

Industry Analysis

SD

Industry Average

Valuation SD Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.1x
Price/Book 1.2x
Price/Cash Flow 5.9x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SANDRIDGE ENERGY INC, please visit www.sandridgeenergy.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.