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SandRidge Energy, Inc. Message Board

  • cangelosi_g cangelosi_g Aug 16, 2011 4:58 PM Flag

    I`m looking to ...

    invest for the first time and I have very little knowledge about oil financials. They look to be reasonably hedged for 2011 and are growing. But the first time I became aware of this position was when Crammer pushed it. I am a little concerned about the pricing on NATGAS.
    What would you buy SDT or SD? --Both have corrected quite a bit

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    • I am new myself.Looking to invest in oil and gas.I have had a 401k with my work for 6 years.I would like to invest some of my savings account money since the market dropped so much.Like the last poster,if I hade many many years , which would be better.Thanks for any information.

    • SDT and SD are two different animals.

      SDT is a 20 year trust that pays a dividend this is for income, ye sit will have some growth I bough in on IPO day an dit is higher but I bought it to hold for a monthly check. Per is their other trust.

      Sd on the other hand is an oil and gas exploration company that offers growth. This stock could triple or even more while SDT will at most go up 25% -50% depending upon oil prices.

      I own a lot of SD because I want to have growth.

      SD also has lots of new oil wells being drilled and is moving away from natgas.

      Are you looking for income or growth or even both.

      This is a great price considering they announced they closed the Per trust and jv'd with the Koreans and added over 1 billion to their bank account.

      Aarghh, good luck.


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