NEW YORK, Dec. 7, 2012 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at SandRidge Energy, Inc. ("SandRidge" or the "Company") (NYSE: SD).(Logo: http://photos.prnewswire.com/prnh/20120119/MM38856LOGO)The investigation focuses on whether the Company and its executives violated federal securities laws by failing to disclose that: (1 [...]
OKLAHOMA CITY, Dec. 07, 2012 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) today announced that its Board of Directors has declared a $3.00 per share semi-annual dividend on its shares of 6.0% Convertible Perpetual Preferred Stock that will be paid in cash on January 15, 2013 to holders of record on January 1, 2013. The Board of Directors also declared a $4.25 per share semi-annual dividend on its shares of 8.5 [...]
OKLAHOMA CITY, Dec. 3, 2012 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company") (NYSE: SD) today announced that, in response to the proposed solicitation of written stockholder consents by TPG-Axon Partners, LP (the "TPG-Axon Consent Solicitation"), the Company's Board of Directors has set December 13, 2012 as the record date for the determination of the Company's stockholders who are entitled to execute, withhold [...]
The Paragon Report Provides Stock Research on Chesapeake Energy and SandRidge NEW YORK, NY -- (Marketwire) -- 12/03/12 -- Natural gas has been in a slump recently as forecasts for warmer temperatures and weaker demand for gas-fired heating have ...
NEW YORK, Nov. 26, 2012 /PRNewswire/ -- Morgan & Morgan today announces that it has begun an investigation of Sandridge Energy, Inc. (NYSE: SD) to determine if the company's senior management and board of directors have breached their fiduciary duties to Sandridge Energy shareholders. If you are a current shareholder of Sandridge Energy and are interested in learning more about our Sandridge Energy (SD) shareholder [...]
OKLAHOMA CITY, Nov. 19, 2012 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company" or "SandRidge") (NYSE: SD) today announced that its board of directors (the "Board") has unanimously adopted a stockholder rights plan (the "Rights Plan") and declared a dividend of one right on each outstanding share of SandRidge's common stock. (Logo: http://photos.prnewswire.com/prnh/20120416/DA88110LOGO)The Rights Plan is [...]
NEW YORK, Nov. 15, 2012 /PRNewswire/ -- Mount Kellett Capital Management LP ("Mount Kellett") today sent a letter to SandRidge Energy, Inc.'s (NYSE: SD) ("SandRidge") Board of Directors outlining issues related to the company's management and strategic direction. Full text of the letter follows:November 15, 2012SandRidge Energy Inc.123 Robert S. Kerr AvenueOklahoma City, OK 73102Attn: Board of Directors Dear [...]
OKLAHOMA CITY, Nov. 14, 2012 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) today announced the expiration of the offer to exchange its outstanding 7.5% Senior Notes due 2021 that were issued on August 20, 2012 (the "Old Notes") for new 7.5% Senior Notes due 2021 that are registered under the Securities Act of 1933, as amended (the "New Notes"). The exchange offer expired at 5:00 p.m., Eastern time, on November 14 [...]
OKLAHOMA CITY, Nov. 8, 2012 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) today announced that it has extended to 5:00 p.m., Eastern time, on November 14, 2012, its previously announced offer (the "2021 exchange offer") to exchange its outstanding 7.5% Senior Notes due 2021 that were issued on August 20, 2012 (the "Old 2021 Notes") for new 7.5% Senior Notes due 2021 (the "New 2021 Notes") that are registered [...]
OKLAHOMA CITY, Nov. 8, 2012 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) today announced financial and operational results for the quarter and nine months ended September 30, 2012.(Logo: http://photos.prnewswire.com/prnh/20120416/DA88110LOGO) Key Financial ResultsThird QuarterAdjusted EBITDA of $297 million for third quarter 2012 compared to $171 million in third quarter 2011. Operating cash flow of $281 million [...]
OKLAHOMA CITY, Nov. 8, 2012 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD)The Board and management value the opinions of our shareholders and are always open to constructive engagement with them. While our perspectives on various points made in the letter from TPG-Axon differ in many instances, we agree that SandRidge has valuable assets and that we need to focus on improving performance for [...]