|By PR Newswire||
|August 11, 2014 07:00 AM EDT||
TORONTO, Aug. 11, 2014 /PRNewswire/ -- SandRidge Energy (NYSEMKT: SD) is an Oil and Natural Gas company with a principal focus on exploration and production activities in the Mid-Continent region of the United States. SandRidge Energy owns and operates additional interests in west Texas. The Company also operates businesses and infrastructure systems that are complementary to its primary exploration and production activities, including gas gathering and processing facilities, marketing operations, a saltwater disposal system, an electrical transmission system and a drilling rig and related oil field services business.
SandRidge Energy has been losing money for many years. It has been losing less in recent years due to improvements in oil field techniques, management efficiencies, etc. On a net basis it lost only $0.29 per common share in Q1 2014 compared to a much larger $1.03 per common share in Q1 2013. On an adjusted basis, the Company made $37.9 million (or $0.07 per diluted share) in Q1 2014 compared to $2.0 million (or $0.00 per diluted share) in Q1 2013. It had already been very close to profitability, while multiple factors, like Iraq wars, cut in Capex and divesting Gulf of Mexico properties, could vault its profitability.
An analyst report which details an overview of the company, financial and competitive analysis and analyst recommendation can be viewed in its entirety by using the link below. There is no cost obligation required to view this report:
Copy and paste to browser may be required.
This report may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward- looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of mentioned company to be materially different from the statements made herein.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is written and authored by Houman Farahani, CFA Candidate. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below. We do not engage in high frequency trading.
A full disclaimer can be found by viewing the full analyst report.
If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected]. For any urgent concerns or inquiries please contact us at [email protected].
BrokerBank Securities, Inc. is a member of the Financial Industry Regulatory Authority, CRD number #130116.
SOURCE BrokerBank Securities, Inc.
Dec. 5, 2016 07:30 AM EST Reads: 958
Dec. 5, 2016 07:30 AM EST Reads: 7,030
Dec. 5, 2016 07:15 AM EST Reads: 1,250
Dec. 5, 2016 06:45 AM EST Reads: 1,790
Dec. 5, 2016 06:45 AM EST Reads: 1,591
Dec. 5, 2016 06:45 AM EST Reads: 973
Dec. 5, 2016 06:30 AM EST Reads: 692
Dec. 5, 2016 06:15 AM EST Reads: 859
Dec. 5, 2016 06:00 AM EST Reads: 1,678
Dec. 5, 2016 04:30 AM EST Reads: 5,214
Dec. 5, 2016 04:15 AM EST Reads: 1,614
Dec. 5, 2016 04:00 AM EST Reads: 4,701
Dec. 5, 2016 04:00 AM EST Reads: 5,406
Dec. 5, 2016 04:00 AM EST Reads: 5,115
"We are an all-flash array storage provider but our focus has been on VM-aware storage specifically for virtualized applications," stated Dhiraj Sehgal of Tintri in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 5, 2016 03:30 AM EST Reads: 651