SandRidge Energy, Inc. Message Board

Let's see...if the same happened to SD we would be looking at around $10.85 per share.

PXP was purchased by FCX for $6.9 billion or about a 25% premium over yesterdays closing price. Compare the 5 year chart of SD with the 5 year chart of PXP and you will see two different results of companies that were primarily nat gas in 2007 and how one successfully made the transition to oil while maintaining a descent pps and rewarded shareholders along the way while the other absolutely milked the shareholders (except for the top brass of course) and the pps has been in the dumps since October 2008. Goes to show the importance of good/honest management vs incompetent and greedy management...

Had a buy order on MMR missed it by .15 cents! Such as life! Goes to show how these O&G companies are undervalued by the market!

Sentiment: Strong Buy

Nice to see some shorts burned.

Yes, verrrrry interesting. Puts to rest silly notions that companies won't do big deals while congress/pres discuss fiscal cliff. And I think strengthens TPG_Axon position that SD is worth a lot more-under the right management

Sentiment: Buy