Top 10 Shipping Companies To Invest In Right Now: Sandridge Energy Inc.(SD)
SandRidge Energy, Inc., together with its subsidiaries, operates as an independent natural gas and oil company in the United States. The company engages in the exploration, development, and production of oil and gas properties. Its Exploration and Production segment explores for, develops, and produces natural gas and oil reserves with focus on the Mid-Continent and Permian Basin. This segment also operates leasehold positions in the West Texas Overthrust (WTO), Gulf Coast, and Gulf of Mexico. The company?s Drilling and Oil Field Services segment is involved in the contract drilling of oil and natural gas wells primarily in the west Texas region. This segment also offers oil field services, including providing pulling units, trucking, rental tools, location, and road construction and roustabout services. Its Midstream Gas Services segment engages in purchasing, gathering, treating, and selling natural gas in west Texas. As of December 31, 2011, its estimated proved reserv es were 470.6 million barrels of oil equivalent, of which approximately 52% were oil. The company also had interests in 5,043 gross producing wells, as well as in approximately 2,695,000 gross acres under lease. In addition, it had 21 rigs drilling in the Mid-Continent and 15 rigs drilling in the Permian Basin. SandRidge Energy, Inc. is headquartered in Oklahoma City, Oklahoma.
Advisors' Opinion:- [By Eric Volkman]
SandRidge Energy (NYSE: SD ) hasn't wasted much time finding a new executive to head its finance team. Less than a week after advancing CFO James Bennett to the CEO chair, the company has named his replacement. The new CFO is to be Eddie LeBlanc, who will take up his position on July 8.
- [By Matt DiLallo]
Risk is something that no one really talks about until its too late. That's why I want to stay ahead of the game and take a look a three of the specifics risks faci! ng SandRidge Energy (NYSE: SD ) . These are the three areas, in my opinion, are where the current risk is the highest.
- [By Matthew DiLallo]
When I started writing this article SandRidge Energy's (NYSE: SD ) stock had closed just one penny below $6 per share. It's a level the stock hasn't seen since February. The stock has climbed nearly 30% off 2013 lows seen this past April. While in obvious hindsight those lows were the best price to buy, will we look back at today and think that just under $6 was also a good price?
- [By Matt DiLallo]
SandRidge Mississippian Trust I (NYSE: SDT ) and Trust II (NYSE: SDR )
These trusts were created by SandRidge Energy (NYSE: SD ) , with the first Mississippian Trust formed in 2010 and the second formed one year later. Both trusts own royalty interests in oil and gas properties targeting the Mississippian formation and have future upside as SandRidge drills wells as part of the areas of mutual interest.
source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/top-10-shipping-companies-to-invest-in-right-now-2.html
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