Five Star Equities Provides Stock Research on EnCana and SandRidge Energy NEW YORK, NY -- (Marketwire) -- 08/01/12 -- An abundance of available natural gas combined with muted domestic demand has sent prices for the fuel down to record lows earlier ...
Five Star Equities Provides Stock Research on Devon Energy and SandRidge NEW YORK, NY -- (Marketwire) -- 07/16/12 -- Natural gas prices received a boost last week after Cheniere Energy announced it expects to receive $3.4 billion in financing for a ...
OKLAHOMA CITY, July 2, 2012 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) will release its 2012 second quarter financial and operational results after the close of trading on the New York Stock Exchange on Thursday, August 2, 2012.(Logo: http://photos.prnewswire.com/prnh/20120416/DA88110LOGO)The company will host a conference call to discuss these results on Friday, August 3, 2012 at 8:00am CDT. The telephone [...]
The Paragon Report Provides Stock Research on Cheniere Energy and SandRidge Energy NEW YORK, NY -- (Marketwire) -- 06/18/12 -- Natural Gas companies received a boost Thursday as U.S. natural gas supplies showed a lower than expected weekly rise ...
Improvements in technology and drilling techniques have allowed exploration and production companies to tap into the nation's vast natural gas reserves at a rapid pace. "Too much of a good thing is a bad thing," said Fadel Gheit, industry analyst at Oppenheimer. "Too much oversupply of natural gas has depressed natural gas prices." As a result many major natural gas companies recently have shifted their strategies and [...]
OKLAHOMA CITY, June 4, 2012 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) today announced that it has closed the sale of its non-core Tertiary assets to a private party for cash proceeds of $130 million. The divested properties are located in West Texas and currently produce approximately 1,100 Boe per day.(Logo: http://photos.prnewswire.com/prnh/20120416/DA88110LOGO) About SandRidge Energy:SandRidge Energy [...]
OKLAHOMA CITY, June 1, 2012 /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 July 15, 2012 to holders of record on July 1, 2012. The Board of Directors also declared a $4.25 per share semi-annual dividend on its shares of 8.5% Convertible [...]
Natural gas prices have surged recently after being in a long slump. Recent advances in technology have unlocked new reserves and seen production skyrocket as a result. The United States Natural Gas Fund is up nearly 20 percent over the last month, showing signs of a long awaited recovery for the industry. The Paragon Report examines investing opportunities in the Natural Gas Industry and provides equity research on [...]
OKLAHOMA CITY, May 3, 2012 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) today announced financial and operational results for the quarter ended March 31, 2012.(Logo: http://photos.prnewswire.com/prnh/20120416/DA88110LOGO)Key Financial ResultsAdjusted EBITDA of $185 million for first ...
The Paragon Report Provides Stock Research on SandRidge Energy and Devon Energy NEW YORK, NY -- (Marketwire) -- 05/01/12 -- It has been an extremely bear market for natural gas investors. Even the famed Warren Buffet lost money as a result of ...
OKLAHOMA CITY, April 23, 2012 /PRNewswire/ -- SandRidge Mississippian Trust II (the Trust) announced today that it has closed its initial public offering of 29,900,000 common units, including 3,900,000 common units sold pursuant to the exercise of the underwriters' over-allotment option, representing a 60% beneficial interest in the Trust. SandRidge Energy, Inc.
(SandRidge), as sponsor of the Trust, owns approximately [...]
SandRidge Energy today announced the closing of its previously announced acquisition of Dynamic Offshore Resources for aggregate consideration of approximately $680 million in cash and approximately 74 million shares of SandRidge common stock. Based on the closing price of SandRidge common stock of $7.11 per share on April 16, 2012, the acquisition's aggregate consideration is valued at approximately $1.206 billion.