OKLAHOMA CITY, May 7, 2013 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) today announced financial and operational results for the quarter ended March 31, 2013.Strategic DirectionOver the last two months the SandRidge management team and Board of Directors have been reviewing and analyzing the company's strategy, assets and spending levels. This effort has resulted in notable changes to the 2013 business plan [...]
LONDON, April 16, 2013 /PRNewswire/ --Oil prices tumbled on Monday as commodities came under pressure following disappointing Chinese GDP data. China, the world's fastest growing major economy, grew 7.7% in the first quarter, which is below the consensus forecast. The weak Chinese GDP data was followed by some disappointing U.S. economy data. With the world's two largest oil consumers showing signs of slowdown, oil prices [...]
OKLAHOMA CITY, April 15, 2013 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) today announced that its Board of Directors has declared a $3.50 per share semi-annual dividend on its shares of 7.0% Convertible Perpetual Preferred Stock that will be paid in cash on May 15, 2013 to holders of record on May 1, 2013. The company has 3,000,000 shares of 7.0% Convertible Perpetual Preferred Stock outstanding.(Logo [...]
OKLAHOMA CITY, April 8, 2013 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) today announced that David C. Lawler has been appointed Chief Operating Officer of the Company. (Logo: http://photos.prnewswire.com/prnh/20120416/DA88110LOGO) James D. Bennett, the Company's President and Chief Financial Officer, commented, "Dave has been an invaluable member of the executive team over the last two years. His [...]
OKLAHOMA CITY, April 4, 2013 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) will release its 2013 first quarter financial and operational results after the close of trading on the New York Stock Exchange on Tuesday, May 7, 2013.(Logo: http://photos.prnewswire.com/prnh/20120416/DA88110LOGO)The company will host a conference call to discuss these results on Wednesday, May 8, 2013 at 8:00am CDT. The telephone number to [...]
Five Star Equities Provides Stock Research on SandRidge Energy and Exxon Mobil NEW YORK, NY -- (Marketwire) -- 03/20/13 -- Things are slowly starting to turn around for Natural Gas as warmer weather and falling supplies have sent futures to a ...
LONDON, March 18, 2013 /PRNewswire/ --The shale oil boom in the U.S. offers significant opportunities to oil & gas drilling & exploration companies such as SandRidge Energy Inc. (NYSE: SD), Patterson-UTI Energy Inc. (NASDAQ: PTEN), Key Energy Services Inc. (NYSE: KEG), Transocean Ltd. (NYSE: RIG) and Magnum Hunter Resources Corp. (NYSE: MHR). The U.S. is expected to overtake Saudi Arabia as the world's biggest oil [...]
OKLAHOMA CITY, March 13, 2013 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) today announced that it has reached a settlement agreement with TPG-Axon Capital. Under the terms of the agreement:Four of the TPG-Axon Group's nominees – Stephen C. Beasley, Edward W. Moneypenny, Alan J. Weber and Dan A. Westbrook – will be added to the Board of Directors effective immediately. The Board of Directors will [...]
- Urges Stockholders to Vote in Favor of Proposals to End Value Destruction - - Encourages Stockholders to Join Spectrum of Large and Small Investors in Movement for Change - - Separately Submits Proposals for Stockholder Vote at SandRidge′s Upcoming Annual Meeting -
OKLAHOMA CITY, Feb. 26, 2013 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) (the "Company") today announced that it has closed the sale of its Permian Basin properties, excluding assets associated with SandRidge Permian Trust (NYSE: PER), to Sheridan Holding Company II, LLC for total cash proceeds of $2.6 billion. The effective date of the sale is January 1, 2013. During the fourth quarter of 2012, the [...]
- Highlights Poor Financial Performance, Excessive Compensation and Dismal Governance - - Echoes ISS′s Recommendation that SandRidge Stockholders Vote the GREEN Consent Card in Support of TPG-Axon′s Proposals - - TPG-Axon Requests Stockholders Return Their GREEN Consent Cards to Elect Its Full Slate of Nominees -