Idiot- they beat, raised their dividend again and reaffirmed guidance. Trading is all done by machines using algorithms. Fundamentals have little to do with day to day trading- the daily moves of stocks should be ignored.
Shale Pioneer McClendon, Charged in Bid Rigging, Dies in Crash
From the story:
"The natural gas explorer who allegedly conspired with McClendon to rig drilling auctions was Tom Ward, then chairman and chief executive officer of SandRidge Energy Inc., according to people familiar with the matter.
SandRidge didn’t immediately respond to a voicemail seeking comment. Ward didn’t immediately respond to an e-mail seeking comment and no one picked up the phone at his office."
RIO RANCHO — The review process for a zone change sought by SandRidgeEnergy to drill an exploratory and production well west of Rio Rancho has come to an abrupt end.
In a letter dated Tuesday to the Sandoval County Planning and Zoning Commission, the Oklahoma-company withdrew the controversial application.
It gave no explanation for the withdrawal.
The P&Z board, concurring with the county planning staff, in January recommended denial of the application on grounds the company hadn’t furnished adequate information.
Last week, the Sandoval County Commission remanded the application to the P&Z so the company could address the concerns raised by the planning board. A meeting was set for March 23.
Sidney Hill, Sandoval County public information officer, said SandRidge’s withdrawal was a surprise, noting arrangements were being made between county staff and the company to meet before the March meeting.