SandRidge Energy, Inc. (NYSE:SD) SVP Philip T. Warman sold 13,351 shares of the stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $21.21, for a total transaction of $283,174.71. Following the sale, the senior vice president now owns 50,267 shares of the company’s stock, valued at approximately $1,066,163.07. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
SandRidge Energy, Inc. (SD) traded up $0.55 during mid-day trading on Wednesday, hitting $21.66. 500,495 shares of the stock traded hands, compared to its average volume of 578,500. SandRidge Energy, Inc. has a one year low of $14.65 and a one year high of $23.80. The firm has a market cap of $752.91 and a PE ratio of -1.38. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.12 and a quick ratio of 1.12.
SandRidge Energy (NYSE:SD) last released its earnings results on Wednesday, November 1st. The oil and natural gas company reported $0.35 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.22 by $0.13. SandRidge Energy had a negative net margin of 73.96% and a positive return on equity of 9.09%. The company had revenue of $80.89 million during the quarter, compared to analysts’ expectations of $77.60 million. equities research analysts forecast that SandRidge Energy, Inc. will post 1.45 earnings per share for the current year.
Several analysts have recently commented on the stock. ValuEngine upgraded shares of SandRidge Energy from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Zacks Investment Research upgraded shares of SandRidge Energy from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a research note on Thursday, October 26th.
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SandRidge Energy Company Profile
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.
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