SandRidge Energy - SD Stock Forecast, Price & News

SandRidge Energy's stock was trading at $10.46 at the beginning of 2022. Since then, SD shares have increased by 81.7% and is now trading at $19.01.
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SandRidge Energy saw a decline in short interest in the month of July. As of July 31st, there was short interest totaling 2,040,000 shares, a decline of 34.2% from the July 15th total of 3,100,000 shares. Based on an average daily volume of 1,050,000 shares, the days-to-cover ratio is presently 1.9 days. Approximately 5.7% of the company's stock are short sold.
View SandRidge Energy's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 8th 2022.
View our SD earnings forecast.

SandRidge Energy, Inc. (NYSE:SD) announced its quarterly earnings results on Tuesday, November, 9th. The oil and natural gas company reported $0.80 earnings per share 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 65.11% and a trailing twelve-month return on equity of 55.02%.

SandRidge Energy announced that its Board of Directors has initiated a stock buyback program on Tuesday, August 10th 2021, which permits the company to buyback $25,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 8.4% of its stock through open market purchases. Stock buyback programs are often a sign that the company's leadership 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 FMR LLC (3.27%), Renaissance Technologies LLC (3.10%), State Street Corp (1.69%), Northern Trust Corp (0.84%), Thompson Siegel & Walmsley LLC (0.70%) and Citadel Advisors LLC (0.00%).
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 $19.01.

SandRidge Energy (NYSE:SD) has a market capitalization of $698.43 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 $4.00 on an earnings per share basis.

The company employs 101 workers across the globe.

SandRidge Energy was founded in 2006.

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.