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 [...]
- Calls For Board Of Directors Realignment, CEO Resignation And Potential Sale of the Company- Estimates Fair Value of SandRidge at $12 - $14 Per Share
LONDON -- (Marketwire) -- 11/08/12 -- Most gas and oil drillers continue to ramp up efforts to increase rig and well counts as demand and pricing remain relatively favorable. The challenge now for companies in the industry, which includes SandRidge Energy Inc. and Noble Corp., is maintaining funding levels to sustain these expansion efforts. www.WallStreetActive.com is unswerving when it comes teaching the new and pro [...]
Five Star Equities Provides Stock Research on SandRidge Energy and Quicksilver Resources NEW YORK, NY -- (Marketwire) -- 11/06/12 -- An abundance of natural gas has continued to pressure prices of the commodity in 2012. Natural gas futures last week ...
OKLAHOMA CITY, Oct. 11, 2012 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) today announced the commencement of offers to exchange (1) its outstanding 8⅛% Senior Notes due 2022 that were issued on April 17, 2012 (the "Old 2022 Notes") for new 8⅛% Senior Notes due 2022 (the "New 2022 Notes") that are registered under the Securities Act of 1933, as amended (the "Securities Act"); (2) its outstanding 7.5 [...]
OKLAHOMA CITY, Oct. 1, 2012 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) will release its 2012 third quarter financial and operational results after the close of trading on the New York Stock Exchange on Thursday, November 8, 2012.(Logo: http://photos.prnewswire.com/prnh/20120416/DA88110LOGO) The company will host a conference call to discuss these results on Friday, November 9, 2012 at 8:00am CST. The telephone [...]