SandRidge Energy - SD Stock Forecast, Price & News

SandRidge Energy's stock was trading at $10.46 on January 1st, 2022. Since then, SD stock has increased by 93.6% and is now trading at $20.25.
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SandRidge Energy saw a decrease in short interest in October. As of October 31st, there was short interest totaling 1,100,000 shares, a decrease of 24.7% from the October 15th total of 1,460,000 shares. Based on an average trading volume of 749,000 shares, the days-to-cover ratio is currently 1.5 days. Currently, 3.1% of the company's shares are short sold.
View SandRidge Energy's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 8th 2023.
View our SD earnings forecast.

SandRidge Energy, Inc. (NYSE:SD) posted its earnings results on Tuesday, November, 9th. The oil and natural gas company reported $0.80 earnings per share (EPS) for the quarter. The oil and natural gas company had revenue of $46.58 million for the quarter. SandRidge Energy had a net margin of 68.79% and a trailing twelve-month return on equity of 53.84%.

SandRidge Energy announced that its Board of Directors has initiated a stock buyback plan on Tuesday, August 10th 2021, which allows the company to repurchase $25,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 8.4% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board of directors believes its shares are undervalued.

45 employees have rated SandRidge Energy Chief Executive Officer James D. Bennett on Glassdoor.com. James D. Bennett has an approval rating of 76% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other SandRidge Energy investors own include Transocean (RIG), Gran Tierra Energy (GTE), Chesapeake Energy (CHKAQ), Cleveland-Cliffs (CLF), Macrocure Ltd. - Ordinary Share (MCUR), Plug Power (PLUG), LinnCo (LNCOQ), ARMOUR Residential REIT (ARR), (BBEPQ) (BBEPQ) and California Resources (CRC).

SandRidge Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "SD."

SandRidge Energy's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.61%), Vanguard Group Inc. (4.49%), Renaissance Technologies LLC (3.41%), Dimensional Fund Advisors LP (3.38%), State Street Corp (1.65%) and Thompson Siegel & Walmsley LLC (0.88%).
View institutional ownership trends.

Shares of SD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SD stock can currently be purchased for approximately $20.25.

SandRidge Energy (NYSE:SD) has a market capitalization of $746.62 million and generates $168.88 million in revenue each year. The oil and natural gas company earns $116.74 million in net income (profit) each year or $4.68 on an earnings per share basis.

The company employs 101 workers across the globe.

SandRidge Energy's mailing address is 123 ROBERT S. KERR AVENUE, OKLAHOMA CITY OK, 73102. The official website for the company is www.sandridgeenergy.com. The oil and natural gas company can be reached via phone at (405) 429-5500, via email at investors@sandridgeenergy.com, or via fax at 405-429-5977.