SandRidge Energy, Inc. (NYSE:SD) – Equities research analysts at Seaport Global Securities lifted their Q3 2017 EPS estimates for shares of SandRidge Energy in a report issued on Monday. Seaport Global Securities analyst M. Kelly now expects that the oil and natural gas company will post earnings per share of $0.11 for the quarter, up from their prior forecast of $0.06. Seaport Global Securities also issued estimates for SandRidge Energy’s FY2017 earnings at $1.11 EPS.

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Several other equities analysts have also issued reports on SD. Zacks Investment Research lowered SandRidge Energy from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th. ValuEngine lowered SandRidge Energy from a “buy” rating to a “hold” rating in a report on Friday, September 8th.

Shares of SandRidge Energy (SD) opened at 18.39 on Wednesday. The firm’s 50-day moving average price is $19.23 and its 200-day moving average price is $18.68. SandRidge Energy has a 12 month low of $15.03 and a 12 month high of $26.62. The firm has a market cap of $628.59 million and a PE ratio of 1.84.

Several hedge funds have recently modified their holdings of the business. Ingalls & Snyder LLC grew its holdings in shares of SandRidge Energy by 4.1% during the second quarter. Ingalls & Snyder LLC now owns 15,612 shares of the oil and natural gas company’s stock worth $269,000 after purchasing an additional 612 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of SandRidge Energy by 17.7% during the first quarter. Bank of New York Mellon Corp now owns 17,238 shares of the oil and natural gas company’s stock worth $319,000 after purchasing an additional 2,588 shares during the last quarter. UBS Asset Management Americas Inc. grew its holdings in shares of SandRidge Energy by 28.0% during the second quarter. UBS Asset Management Americas Inc. now owns 14,645 shares of the oil and natural gas company’s stock worth $252,000 after purchasing an additional 3,200 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of SandRidge Energy by 1.5% during the second quarter. Goldman Sachs Group Inc. now owns 253,285 shares of the oil and natural gas company’s stock worth $4,359,000 after purchasing an additional 3,741 shares during the last quarter. Finally, HighTower Advisors LLC grew its holdings in shares of SandRidge Energy by 6.0% during the first quarter. HighTower Advisors LLC now owns 70,338 shares of the oil and natural gas company’s stock worth $1,284,000 after purchasing an additional 4,000 shares during the last quarter. 20.08% of the stock is currently owned by institutional investors.

About SandRidge Energy

SandRidge Energy, Inc is an oil and natural gas company. The Company is engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids. It operates through two segments: exploration and production, which is engaged in the exploration and production of oil and natural gas properties and includes its proportionate share of the activities of the SandRidge Mississippian Trust I, SandRidge Mississippian Trust II and SandRidge Permian Trust (the Royalty Trusts), and midstream services, which coordinates the delivery of electricity to its exploration and production operations in the Mid-Continent.

Earnings History and Estimates for SandRidge Energy (NYSE:SD)

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