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SandRidge Energy, Inc. Message Board

  • ronbiker1 ronbiker1 Aug 26, 2013 11:09 AM Flag

    only $ 2.63 to go.

    Were working on it. Hope to see that next year. I'm pulling for you Mr. Copperman.

    Sentiment: Hold

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    • Can't see it going much higher than 8. I am still buying down here.

      • 1 Reply to cmontx
      • forget the buyout guys. this stock has lots of running room if the middle miss works out.
        the recent results make it look more promising than the original. This stock was at $12 dollars based on upside potential back in 2011... that potential is looking achievable.
        2 things altered the view of the company - the type curve adjustment downward and the CHK deal earlier 2012. But the type curve has flattened out meaning EUR is going to be much closer to what Ward and co promised. The vast amount of acreage is now doubling in value as the stacked pay proves up and the Woodford is also being completed now by Devon. Debt will not increase until 2016 earliest and by then corporate daily production will be 100,000 boe/d ++
        Based on flowing barrels per day this company is way ahead of what is was in 2011 and its then $12/share price.

 
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