SandRidge Energy (NYSE:SD) will post its quarterly earnings results after the market closes on Wednesday, August 7th.
SD traded down $0.16 during trading on Tuesday, hitting $5.97. The stock had a trading volume of 10,773 shares, compared to its average volume of 242,092. The stock has a market cap of $229.11 million, a P/E ratio of 15.66 and a beta of 1.51. SandRidge Energy has a twelve month low of $5.86 and a twelve month high of $17.28. The business’s 50 day simple moving average is $6.57.
Separately, ValuEngine upgraded shares of SandRidge Energy from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 1st.
SandRidge Energy, Inc engages in the exploration, development, and production of oil, natural gas, and natural gas liquids primarily in the Mid-Continent and North Park Basin of the United States. As of December 31, 2018, it had 1,095.8 net producing wells; approximately 571,000 net acres under lease; and 2 rigs drilling in the Mid-Continent and 1 rig drilling in the North Park Basin, as well as total estimated proved reserves of 160.2 million barrels of oil equivalent.
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