Pat's fan...really stupid betting against the Pats,bad bet. oh yeah by the way indy is now 14 down..sucks to be you.
hope you are right munhoi, i am stuck with SD at 5.5 and 20 k shares.
hey dough every i start to add my 2 cents to these idiots who post #$%$ , you beat me to it. keeps me from getting yelled at...lol (not that i give a fluk either way..haha)
hrd...you would think by now these so called people in power would learn from past mistakes but nnnoooo...they keep doing the same things over and over again...un f### believable... kinda sad but hey I just live here
as far as i am aware, most US companies won't even use the pipe line. it is mainly for Canadian oil and i guess will add more to the supply...so the answer is NO won't help SD or the pipeline won't matter either way.
mun.. would be nice, most of us have heard this for close to two years. I'd like to see a buyout just don't know who, when and for how much. I am sitting on SD in the mid 5's to break even.
that's what i thought about net income. The lawyer #$%$ is just that. little slow getting this info out. wish these oil conglomerates would hire someone to go after the opec. they almost double what the "street" was expecting and PPS isn't really moving much...I is kinda disappointed about that. oh well...i is just hanging in there.
James Donald Bennett, Sandridge Energy Inc.'s President and CEO and a director of the company, recently acquired 13,926 shares of the company. The buys took place at $1.77 per share, on January 02, 2015. Bennett now owns 1,285,405 shares of the company. Bennett operates out of Oklahoma City, OK. Some additional info was provided as follows:
Reflects Company matching credit to the deferred compensation account of the reporting person under the SandRidge Energy, Inc. Nonqualified Excess Plan (the "NQ Plan") based on the reporting person's deferrals for the 4th quarter of 2014. Under the NQ Plan, these credits are deemed to be invested solely in shares of the Company's common stock and will be distributed in shares of the Company's common stock. However, until they are distributed from the NQ Plan, any shares set aside in a trust or otherwise to reflect these credits remain registered in the Company's name and are available to Company's creditors.
SD is hedged till part of 2015. I am not sure hoe the three way collars work. having the $$ to pay bills and a positive cash flow is two different questions. For the past year or two SD HAD to drill a number of wells for the three trusts. One and a half of those is complete and the other will end (not to many wells left) by end of 2015 or hopefully sooner. So you see some of the $$ they have, had to be used because they had to drill certain wells. so hopefully, most of the $$ on the books will be/ can be used for SD alone. Thats kind of a simple explanation. No US oil company will be safe with oil at 50 or less no matter what they say. Lets just say there is 10's to 100's of billions involved in oil and the Saudies don't own it all and wars have been started for much less, so at some point soon oil will go up, when is anybodies guess..same with NG it can't stay in the low 3's that long but again when..i don't know. I/we haven't seen SD's books from end of sept so no one has current info.
critch... yeah they must/should be drilling something, as far as SD telling us..why would they. About the only news they did tell us regularly was they preferred stock dividend. And since that has been converted I am guessing that we won't get any news at all.
for crips sake we still don't have the 3rd qtr earnings and year end will be here ..what feb 24th there abouts...are we going to get both and surprised or slammed all at once.
SD is no prize but they are in better shape than a whole lot of others but i am holding my breath that all the #$%$ is for the most part behind us.
I wish they would say something and it's making me more nervous than I already am at this point.
the ones in feb? we still haven't seen November's earnings