SandRidge Energy (SD) Stock Forecast, Price & News

SandRidge Energy's stock was trading at $17.03 on January 1st, 2023. Since then, SD stock has decreased by 9.9% and is now trading at $15.34.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our SD earnings forecast.

SandRidge Energy, Inc. (NYSE:SD) issued its earnings results on Wednesday, August, 2nd. The oil and natural gas company reported $0.38 earnings per share (EPS) for the quarter. The oil and natural gas company earned $33.42 million during the quarter. SandRidge Energy had a net margin of 97.92% and a trailing twelve-month return on equity of 27.76%.

SandRidge Energy announced a -- dividend on Wednesday, August 2nd. Shareholders of record on Monday, August 14th will be given a dividend of $0.10 per share on Monday, August 28th. The ex-dividend date is Friday, August 11th.
Read our dividend analysis for SD.

ETFs with the largest weight of SandRidge Energy (NYSE:SD) stock in their portfolio include First Trust Dow Jones Select Microcap Index Fund (FDM) and First Trust Natural Gas ETF (FCG).Invesco Russell 2000 Dynamic Multifactor ETF (OMFS).

SandRidge Energy (NYSE:SD) pays an annual dividend of $0.40 per share and currently has a dividend yield of 2.62%. The dividend payout ratio is 7.45%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for SD.

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 variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.18%), Renaissance Technologies LLC (3.42%), Dimensional Fund Advisors LP (3.39%), Geode Capital Management LLC (1.67%), State Street Corp (1.60%) and Thompson Siegel & Walmsley LLC (1.08%).
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 $15.34.

SandRidge Energy (NYSE:SD) has a market capitalization of $567.12 million and generates $254.26 million in revenue each year. The oil and natural gas company earns $242.17 million in net income (profit) each year or $5.37 on an earnings per share basis.

The company employs 102 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.