SD - SandRidge Energy, Inc.

NYSE - NYSE Delayed Price. Currency in USD
17.20
-0.27 (-1.55%)
At close: 4:02PM EDT
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Previous Close17.47
Open17.54
Bid0.00 x 0
Ask0.00 x 0
Day's Range17.13 - 17.54
52 Week Range13.02 - 21.90
Volume145,812
Avg. Volume396,246
Market Cap594.112M
BetaN/A
PE Ratio (TTM)N/A
EPS (TTM)-1.30
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est20.00
Trade prices are not sourced from all markets
  • The Wall Street Journal22 days ago

    [$$] SandRidge Energy Makes Stronger Push to Sell Itself

    Now under the control of Carl Icahn, the board of SandRidge Energy is ramping up its efforts to consider selling itself by extending the deadline for bids and casting a wider net for interested parties. SandRidge has been engaged with RBC Capital Markets LLC since March when it rejected an unsolicited offer from Midstates Petroleum Co. At the time, the company said the offer wasn’t feasible, but it would work with an investment bank to explore options. SandRidge said it has entered into 26 confidentiality agreements with parties who are actively pursuing the company, including Midstates.

  • Reuters23 days ago

    SandRidge draws interest from more bidders, including Midstates

    SandRidge Energy Inc has been approached by 26 potential bidders for a buyout of the company or some of its assets, the U.S. shale oil producer said on Friday, days after activist investor Carl Icahn took control of its board. The list includes Midstates Petroleum, whose previous attempt to buy SandRidge was rebuffed by the company - a move that was criticized by Icahn and some other shareholders. SandRidge, which said earlier this month it was approached by 17 potential bidders including Icahn, is seeking more bids and has launched a review of its assets and strategies.

  • Reuters23 days ago

    SandRidge to explore strategic options, including sale

    U.S. shale oil producer SandRidge Energy Inc said on Friday it plans a strategic review of its business that could include a sale of the company or some of its assets. Earlier this month, activist investor ...

  • SandRidge Energy Announces Expanded Pursuit of Strategic Options Process with RBC Capital Markets
    PR Newswire23 days ago

    SandRidge Energy Announces Expanded Pursuit of Strategic Options Process with RBC Capital Markets

    OKLAHOMA CITY, June 29, 2018 /PRNewswire/ -- The newly constituted Board of Directors of SandRidge Energy, Inc. ("SandRidge" or the "Company") (SD) has held a series of meetings that have involved a comprehensive review of the position of the Company and how to best maximize value for all shareholders.

  • Rigzone.com23 days ago

    Sandridge To Explore Strategic Options, Including Sale

    U.S. shale oil producer SandRidge Energy Inc says it plans a strategic review of its business that could include a sale of the company or some of its assets.

  • Carl Icahn Won't Bid for SandRidge After Winning Control of Board
    Bloomberg26 days ago

    Carl Icahn Won't Bid for SandRidge After Winning Control of Board

    Activist investor Carl Icahn won’t make a bid to buy oil and gas explorer SandRidge Energy Inc., the company said in a regulatory filing Monday. The billionaire New Yorker told SandRidge last week that he wouldn’t submit an offer, just days after winning a proxy fight to replace most of the board at the Oklahoma business, according to the filing. Icahn instead signed a confidentiality agreement giving his representatives board observer rights, the company said.

  • SandRidge Energy Announces Final Voting Results of 2018 Annual Meeting and the Appointment of Chairman of the Board and Committee Chairs
    PR Newswire26 days ago

    SandRidge Energy Announces Final Voting Results of 2018 Annual Meeting and the Appointment of Chairman of the Board and Committee Chairs

    OKLAHOMA CITY, June 25, 2018 /PRNewswire/ -- SandRidge Energy, Inc. ("SandRidge" or the "Company") (SD) today announced that the final voting results from its 2018 Annual Meeting of Stockholders were certified on June 22 by the independent inspector of elections. As a result of the election, and as part of a previously announced settlement agreement with Icahn Capital ("Icahn"), the newly constituted SandRidge Board of Directors (the "Board") consists of Robert G. Alexander, Sylvia K. Barnes, Jonathan Christodoro, Jonathan Frates, William M. Griffin, David Kornder, John J. "Jack" Lipinski and Randolph C. Read.

  • SandRidge Energy (SD) Looks Good: Stock Adds 7.5% in Session
    Zackslast month

    SandRidge Energy (SD) Looks Good: Stock Adds 7.5% in Session

    SandRidge Energy (SD) shares rose nearly 8% in the last trading session, amid huge volumes.

  • Reuterslast month

    Activist Icahn gains control of board in proxy fight at SandRidge Energy

    Activist investor Carl Icahn on Tuesday won a battle for control of SandRidge Energy, taking five seats on the board of the U.S. shale producer that he wants to sell. Shareholders elected four of Icahn's seven-person slate and two nominees put forth by the Oklahoma City, Oklahoma oil and gas company, according to a preliminary tally, with another position deemed too close to immediately call. "We look forward to working together in a constructive manner as we execute our plan and continue our strategic review process to maximize value for all SandRidge shareholders," it said.

  • The Wall Street Journallast month

    [$$] Icahn Wins Majority on SandRidge Board

    Carl Icahn won a majority of seats on SandRidge Energy Inc.’s board, the company said Tuesday. The activist investor won four board seats in a shareholder vote and the oil-and-gas company agreed to give him a fifth after another was too close to call. SandRidge held on to three seats after striking a deal with Mr. Icahn to expand the board by one.

  • Activist Icahn gains control of board in proxy fight at SandRidge Energy
    Reuterslast month

    Activist Icahn gains control of board in proxy fight at SandRidge Energy

    By Heide Brandes OKLAHOMA CITY (Reuters) - Activist investor Carl Icahn on Tuesday won a battle for control of SandRidge Energy, winning at least four of seven seats on the board of the U.S. shale producer that he wants to sell. Shareholders elected four of Icahn's seven-person slate and two nominees put forth by the Oklahoma City, Oklahoma oil and gas company, according to preliminary results. "We look forward to working together in a constructive manner as we execute our plan and continue our strategic review process to maximize value for all SandRidge shareholders," it said.

  • SandRidge Energy Announces Preliminary Voting Results of 2018 Annual Meeting and Reaches Agreement with Icahn Capital Regarding Board Composition
    PR Newswirelast month

    SandRidge Energy Announces Preliminary Voting Results of 2018 Annual Meeting and Reaches Agreement with Icahn Capital Regarding Board Composition

    OKLAHOMA CITY, June 19, 2018 /PRNewswire/ -- SandRidge Energy, Inc. ("SandRidge" or the "Company") (SD) today announced that, based on preliminary voting results at today's 2018 Annual Meeting, Sylvia K. Barnes and William M. Griffin have been re-elected and Robert Alexander, Jonathan Christodoro, John J. "Jack" Lipinski, and Randolph C. Read, nominees who were put forth by Icahn Capital ("Icahn"), were elected to the SandRidge Board.  The results for the seventh seat on the Board were too close to call as of the close of the polls.

  • Icahn Expected to Speed Push for SandRidge Sale After Board Win
    Bloomberglast month

    Icahn Expected to Speed Push for SandRidge Sale After Board Win

    Carl Icahn’s takeover of SandRidge Energy Inc.’s board means the shale gas explorer’s days are likely numbered. The activist investor’s win on Tuesday installs a board expected to strongly market a company many investors would like to see broken up or sold off, said David Beard, a Coker & Palmer Inc. analyst in New Orleans. Now, “Icahn’s got the board seats, so it’s going to be ‘let’s go, let’s get this done,’ ” Beard said in a telephone interview Tuesday.

  • SandRidge Energy Urges Shareholders to Carefully Consider the Impact of Their Votes
    PR Newswirelast month

    SandRidge Energy Urges Shareholders to Carefully Consider the Impact of Their Votes

    OKLAHOMA CITY, June 18, 2018 /PRNewswire/ -- SandRidge Energy, Inc. ("SandRidge" or the "Company") (SD) today issued the following open letter to SandRidge shareholders regarding Carl Icahn's tactics designed to manipulate the voting results in order to gain control of the Board. It has come to our attention that Carl Icahn or his representatives ("Icahn") are engaging with shareholders in an effort to manipulate the outcome of the election by encouraging shareholders to reallocate their votes from candidates recommended by Glass, Lewis & Co. ("Glass Lewis") and Institutional Shareholder Services Inc. ("ISS") to those who are not.  In what can only be described as a material omission, Icahn has not divulged that doing so may create the unintended consequence of increasing the actual number of Icahn nominees elected from his slate to give Icahn control of the Board when, in fact, shareholders intend for Icahn to only have minority representation.

  • In Icahn-SandRidge Tiff, Bitter Words Hide Overlapping Goal
    Bloomberglast month

    In Icahn-SandRidge Tiff, Bitter Words Hide Overlapping Goal

    Whether SandRidge or activist investor Carl Icahn wins control of the board this week, the oil and natural gas explorer is expected to sell some or all of its drilling rights as it tries to reverse a long slide in its market value, according to David Beard, an analyst with New Orleans investment manager Coker & Palmer Inc. Icahn is seeking to replace the entire seven-member board at Oklahoma-based SandRidge, which has seen its stock plummet more than 40 percent since a 2016 bankruptcy. Under pressure from Icahn, SandRidge canceled an acquisition, dismissed two top executives and announced a “strategic review” of assets in just the past six months.

  • Reuterslast month

    SandRidge approached by 17 suitors, Icahn says not to bid soon

    Icahn has criticized SandRidge's leadership, forced the removal of its chief executive officer and got the embattled company to back out of its planned buyout of rival Bonanza Creek Energy Inc (BCEI.N). Icahn holds a 13.6 percent stake in the company, according to Thomson Reuters data. "But it also seems that both management and Icahn want a higher stock price.

  • SandRidge approached by 17 suitors, Icahn says not to bid soon
    Reuterslast month

    SandRidge approached by 17 suitors, Icahn says not to bid soon

    Icahn has criticized SandRidge's leadership, forced the removal of its chief executive officer and got the embattled company to back out of its planned buyout of rival Bonanza Creek Energy Inc (BCEI.N). Icahn holds a 13.6 percent stake in the company, according to Thomson Reuters data. "But it also seems that both management and Icahn want a higher stock price.

  • In SandRidge proxy fight, Icahn's reputation for turnarounds at stake
    Reuterslast month

    In SandRidge proxy fight, Icahn's reputation for turnarounds at stake

    When SandRidge Energy Inc shareholders on Tuesday cast their votes for directors, the only question is how much sway over the embattled oil and gas producer they will hand to activist investor Carl Icahn. Icahn, whose hedge fund owns 13.6 percent of SandRidge and has said it could make an all-cash offer for the company, is assured of at least two of the seven seats under the formula set by the board and is expected to receive more. The investor could win three or four seats with the support of many of its largest shareholders, activists or distressed company investors, said David Beard, analyst at Coker Palmer Institutional.

  • Kellogg dips, Sandridge Energy rises, Jabil Circuit takes a dive
    Yahoo Financelast month

    Kellogg dips, Sandridge Energy rises, Jabil Circuit takes a dive

    Let’s check out the Yahoo Finance charts of the day.

  • In SandRidge proxy fight, Icahn's reputation for turnarounds at stake
    Reuterslast month

    In SandRidge proxy fight, Icahn's reputation for turnarounds at stake

    When SandRidge Energy Inc shareholders on Tuesday cast their votes for directors, the only question is how much sway over the embattled oil and gas producer they will hand to activist investor Carl Icahn. Icahn, whose hedge fund owns 13.6 percent of SandRidge and has said it could make an all-cash offer for the company, is assured of at least two of the seven seats under the formula set by the board and is expected to receive more. The investor could win three or four seats with the support of many of its largest shareholders, activists or distressed company investors, said David Beard, analyst at Coker Palmer Institutional.

  • SandRidge Energy Provides Update on Strategic Review Process
    PR Newswirelast month

    SandRidge Energy Provides Update on Strategic Review Process

    OKLAHOMA CITY, June 15, 2018 /PRNewswire/ -- SandRidge Energy, Inc. ("SandRidge" or the "Company") (SD) today issued the following open letter to SandRidge shareholders providing an update on the Company's strategic review process and setting the record straight regarding Carl Icahn's ongoing efforts to mislead investors.

  • Rigzone.comlast month

    SandRidge Approached by 17 Suitors, Icahn Says Not to Bid Soon

    SandRidge Energy Inc said it had been approached by 17 potential bidders for a buyout, including billionaire Carl Icahn who is fighting for control of the oil and gas producer's board.

  • Rigzone.comlast month

    SandRidge Says Approached by 17 Potential Buyers, Including Icahn

    SandRidge Energy Inc said it had been approached by 17 potential bidders for a buyout, including billionaire Carl Icahn who is fighting for control of the oil and gas producer's board.

  • Kellogg, Sandridge Energy and Jabil Circuit are the Yahoo Finance charts of the day.
    Yahoo Finance Videolast month

    Kellogg, Sandridge Energy and Jabil Circuit are the Yahoo Finance charts of the day.

    Let's check out the Yahoo Finance charts of the day. Kellogg (K): Shares are down in early trade, at around .51%. Due to a potential salmonella contamination, Kellogg is recalling an estimated 1.3 million cases of its Honey Smacks cereal involving more than 30 states. Sandridge Energy (SD): Shares up here, at .52%.  The company issued an open letter to its shareholders saying it has signed confidentiality agreements with 17 potential bidders, including Carl Icahn, as it continues a strategic review process. Jabil Circuit (JBL): Shares down here, at around 9.2%.  Jabil beat estimates by a penny a share, with adjusted quarterly profit of 46 cents. Revenue also exceeded forecasts with the electronics manufacturer issuing strong current-quarter revenue guidance. The electronics manufacturer also announced a $350 million dollar stock buyback. For more on today's big stock movers check out the Final Round, live at 3:55 p.m. ET, right here on Yahoo Finance.