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SandRidge Energy, Inc. Message Board

cpwrisnumber1 2 posts  |  Last Activity: Jul 9, 2014 4:09 PM Member since: Jun 24, 2002
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  • Reply to

    Whats bad?

    by ronbiker1 Jul 9, 2014 11:04 AM
    cpwrisnumber1 cpwrisnumber1 Jul 9, 2014 4:09 PM Flag

    SD time will come. They are about 6 months behind CHK as far as the BOD being taken over and new Mgt put in place. You're about to see big announcements and great earnings our of CHK for Q2, and the same will happen with SD in the next 3 - 6 mo's. I see CHK doubling by year end with a buyout, or by mid 2015 by itself. SD will be the same, but with a longer timeframe, doubling with a buyout, or by end of 2015.

  • Reply to

    SSE's Value

    by jpbb51 Jul 8, 2014 6:31 PM
    cpwrisnumber1 cpwrisnumber1 Jul 9, 2014 4:04 PM Flag

    By spinning off SSE, SSE can now achieve it's full value potential. There are 10's of companies drilling in the same areas as CHK, but the drilling services unit when CHK owned it would only drill for CHK. Now that it is a seperate entity, they are able to drill for everyone, including preferred treatment to CHK. New contracts will be introduced in the near term and you'll see this moving up quickly. The first analysis i saw on this showed the value potential of SSE to be $40/shr.

SD
6.47-0.01(-0.15%)Jul 23 4:01 PMEDT

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