The stock of SandRidge Energy, Inc. (NYSE:SD) is a huge mover today! SandRidge Energy, Inc. (NYSE:SD) has risen 6.00% since September 6, 2016 and is uptrending. It has underperformed by 2.26% the S&P500.
The move comes after 7 months negative chart setup for the $ company. It was reported on Oct, 6 by Barchart.com. We have $18.25 PT which if reached, will make NYSE:SD worth $ less.
SandRidge Energy, Inc. (NYSE:SD) Ratings Coverage
Out of 4 analysts covering Sandridge Energy Inc. (NYSE:SD), 0 rate it a “Buy”, 2 “Sell”, while 2 “Hold”. This means 0 are positive. Sandridge Energy Inc. has been the topic of 6 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock has “Hold” rating given by Wunderlich on Tuesday, July 28.
Insitutional Activity: The institutional sentiment decreased to 0.05 in Q2 2016. Its down 0.01, from 0.06 in 2016Q1. The ratio is negative, as 18 funds sold all SandRidge Energy, Inc. shares owned while 2 reduced positions. 1 funds bought stakes while 0 increased positions. They now own 59.26 million shares or 48.66% less from 115.41 million shares in 2016Q1.
Apriem Advsrs accumulated 0% or 567 shares. Focused Wealth Management last reported 1,115 shares in the company. Iowa National Bank owns 21,565 shares or 0% of their US portfolio. Gmt accumulated 7.55 million shares or 0% of the stock. Excalibur Management Corp has 20,000 shares for 0% of their US portfolio. Janney Montgomery Scott Ltd last reported 0% of its portfolio in the stock. Panagora Asset Mgmt Incorporated accumulated 84,412 shares or 0% of the stock. Pinnacle Ltd Liability Com has 0% invested in the company for 89,507 shares. Riverstone Hldgs Ltd holds 51.37M shares or 0.06% of its portfolio. Davidson And Garrard Incorporated last reported 10,000 shares in the company. Gerstein Fisher holds 0% or 65,744 shares in its portfolio. Ok reported 10,000 shares or 0% of all its holdings.
More notable recent SandRidge Energy, Inc. (NYSE:SD) news were published by: Newsok.com which released: “SandRidge Energy emerges from bankruptcy, reports zero net debt” on October 04, 2016, also 247Wallst.com with their article: “SandRidge Energy Emerged From Bankruptcy With $525 Million in Liquidity” published on October 05, 2016, Prnewswire.com published: “SandRidge Energy, Inc. Provides Operations Update and Full Year 2016 Guidance” on September 28, 2016. More interesting news about SandRidge Energy, Inc. (NYSE:SD) were released by: Fool.com and their article: “Making Sense of SandRidge Energy Inc.’s Most Recent Acquisition” published on November 17, 2015 as well as Ibtimes.com‘s news article titled: “SandRidge Energy Inc. Becomes Latest Victim Of Oil Price Crash As Energy …” with publication date: May 17, 2016.
SD Company Profile
SandRidge Energy, Inc., incorporated on December 11, 2006, is an oil and natural gas company. The Firm is engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids (NGLs). It operates through two divisions: exploration and production, and midstream services. It focuses on exploration and production activities in the Mid-Continent and Rockies regions of the United States. The Firm owns and operates additional interests in west Texas. The Firm also operates businesses and infrastructure systems that are complementary to its primary exploration and production activities, including a saltwater gathering and disposal system, and an electrical transmission system. The Firm has approximately 4,410 gross (3,371.7 net) producing wells, a substantial portion of which it operates, and over 2,063,000 gross (1,476,000 net) total acres under lease. It has approximately four rigs drilling in the Mid-Continent. Total estimated proved reserves are approximately 324.6 million barrels of oil equivalent (MMBoe).
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