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SandRidge Energy, Inc. Message Board

  • elvishaslft2 elvishaslft2 Aug 30, 2013 12:18 AM Flag

    Rueter's says M&A done because of activists....Hogwash

    Those "activissts" in Egypt, sure didn't stop Apache's sale just announced. LMAplumbOff. Idiots.

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    • Here is some more. Looks like a lot taking place during end of year!

      OXY: This is a special-situation story, since the company has an upcoming reorganization announcement that likely includes selling or spinning off its California assets and/or its Middle East assets. The company will make the announcement in the fourth quarter -- we expect December to be a likely time frame. This news will bring out value in the shares, and we'll remain patient on the stock. The shares are trading at 11.9x 2014 earnings and offer a 2.8% dividend yield. Our target is $115.

 
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0.4722+0.0222(+4.93%)Sep 2 4:03 PMEDT