Reported Adjusted Earnings of $0.07 per Diluted Share and Adjusted EBITDA of $225 Million for the Third Quarter Restated 2013-2014 Quarterly Financial Results to Incorporate New Accounting Treatment Will Announce 2015 Capex Plans In February Fully Undrawn Borrowing Base is $1.2 Billion with Current Facility of $900 Million OKLAHOMA CITY, Jan. 8, 2015 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company") (NYSE: SD [...]
OKLAHOMA CITY, Dec. 22, 2014 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) today provided the following notice regarding its 6.0% Convertible Perpetual Preferred Stock (Cusip 80007P885) (the "Convertible Preferred Stock"). As of December 21, 2014, pursuant to the mandatory conversion requirement of Section 8(a) of the Certificate of Designation governing the terms of the Convertible Preferred Stock, each share o...
OKLAHOMA CITY, Dec. 18, 2014 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) today announced that William A. Gilliland, 76, will retire from the Board of Directors effective December 18, 2014. Mr. Gilliland was appointed as a director in 2006. Jeffrey S. Serota, Chairman of the Board, stated, "Over the last 8 years, Bill's wisdom and integrity have been instrumental in guiding the Company. On behalf of the Board and...
NEW YORK, NY--(Marketwired - Dec 12, 2014) - Pomerantz LLP has filed a class action lawsuit against SandRidge Energy, Inc. ("SandRidge" or the "Company")(NYSE: SD) and certain of its officers. The class action, filed in United States District Court, Western District of Oklahoma, and docketed under 14-cv-01256, is on behalf of a class consisting of all persons or entities who purchased SandRidge securities between February [...]
OKLAHOMA CITY, Dec. 8, 2014 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) today announced that its Board of Directors has declared a $4.25 per share semi-annual dividend on its shares of 8.5% Convertible Perpetual Preferred Stock that will be paid in cash on February 16, 2015 to holders of record on February 1, 2015. The company has 2,650,000 shares of 8.5% Convertible Perpetual Preferred Stock outstanding. ...
Editor Note: For more information about this release, please scroll to bottom. LONDON, November 25, 2014 /PRNewswire/ -- Investor-Edge has initiated coverage on the following equities: SandRidge Energy Inc. (NYSE: SD), Halcon Resources Corporation (NYSE: HK), Cobalt International Energy Inc. (NYSE: CIE), Penn Virginia Corp. (NYSE: PVA), and Laredo Petroleum Inc. (NYSE: LPI). Free research on these five companies can be [...]
NEW YORK, NY--(Marketwired - Nov 18, 2014) - Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Western District of Oklahoma on behalf of investors who purchased SandRidge Energy, Inc. ("SandRidge" or the "Company") (NYSE: SD) securities between March 1, 2013 and November 4, 2014. For more information, click here: http://zlk.9nl.com/sandridge-energy-sd [...]
Total Company Production of 80 MBoe per day, up 14% Quarter-over-Quarter, Supports Increased Production Guidance Multilaterals are ~20% of Drilling Program; Chester and Woodford Success Continues Share Repurchase of 27.4 Million Shares at $4.06 per Share, 5.6% of Shares Outstanding Substantial Majority of Production Through 2015 Hedged Over $90 per Bbl Fully Undrawn Borrowing Base Increased to $1.2 Billion with Facility [...]
Glancy Binkow & Goldberg LLP announces that it is investigating potential claims on behalf of investors of SandRidge Energy, Inc. (“SandRidge” or the “Company”) (NYSE:SD) concerning possible violations of federal securities laws. The investigation focuses on certain statements issued by SandRidge concerning the Company’s operations and financial performance. Please contact Casey Sadler at (888) 773-9224 or (310 [...]
OKLAHOMA CITY, Nov. 4, 2014 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company") (NYSE: SD) today announced that as a result of a routine review by the Securities and Exchange Commission (the "SEC") of its Annual Report on Form 10-K, the Company currently anticipates that its Quarterly Report on Form 10-Q for the third quarter of 2014 will not be filed timely, but, rather, will be completed and filed as soon as possible [...]
OKLAHOMA CITY, Oct. 24, 2014 /PRNewswire/ -- SandRidge Energy, Inc. ("SandRidge") (NYSE: SD) announced today that its wholly-owned subsidiary MidCon Midstream, LP ("MidCon Midstream"), has filed a Registration Statement on Form S-1 with the U.S. Securities and Exchange Commission ("SEC") relating to its proposed initial public offering of common units representing limited partner interests. MidCon Midstream is a Delaware [...]
Borrowing Base Increased to $1.2 Billion from $775 Million Initial Facility Limit of $900 Million Provides Ample Liquidity to Fund Ongoing Drilling Program Existing Hedge Position Protects Majority of 2014 and 2015 Liquids Production OKLAHOMA CITY, Oct. 22, 2014 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) today announced that it has increased the borrowing base and extended the maturity of its senior credit [...]