Media coverage about SandRidge Energy (NYSE:SD) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. SandRidge Energy earned a news impact score of 0.16 on Accern’s scale. Accern also assigned news coverage about the oil and natural gas company an impact score of 44.3880824424006 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news stories that may have impacted Accern Sentiment’s scoring:
A number of equities analysts recently weighed in on SD shares. Mizuho lowered shares of SandRidge Energy from a “buy” rating to a “neutral” rating and set a $25.00 target price for the company. in a research note on Tuesday, January 16th. ValuEngine downgraded shares of SandRidge Energy from a “buy” rating to a “hold” rating in a research note on Thursday, February 8th. Finally, Zacks Investment Research raised shares of SandRidge Energy from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a report on Thursday, October 26th.
Shares of SandRidge Energy (SD) traded up $0.10 during mid-day trading on Friday, hitting $15.45. 399,395 shares of the stock were exchanged, compared to its average volume of 498,002. The company has a market cap of $551.04 and a PE ratio of -1.01. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.12 and a current ratio of 1.12. SandRidge Energy has a 12 month low of $14.65 and a 12 month high of $21.90.
In related news, CFO Julian Mark Bott sold 2,373 shares of the stock in a transaction that occurred on Wednesday, January 10th. The shares were sold at an average price of $21.00, for a total transaction of $49,833.00. Following the sale, the chief financial officer now owns 157,641 shares in the company, valued at approximately $3,310,461. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO John Patrick Suter sold 22,803 shares of the stock in a transaction that occurred on Friday, January 5th. The stock was sold at an average price of $20.73, for a total transaction of $472,706.19. Following the sale, the chief operating officer now owns 85,893 shares in the company, valued at approximately $1,780,561.89. The disclosure for this sale can be found here. Over the last three months, insiders sold 138,527 shares of company stock worth $2,917,714. Insiders own 3.60% of the company’s stock.
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SandRidge Energy Company Profile
SandRidge Energy, Inc is an oil and natural gas company. The Company is engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids. It operates through two segments: exploration and production, which is engaged in the exploration and production of oil and natural gas properties and includes its proportionate share of the activities of the SandRidge Mississippian Trust I, SandRidge Mississippian Trust II and SandRidge Permian Trust (the Royalty Trusts), and midstream services, which coordinates the delivery of electricity to its exploration and production operations in the Mid-Continent.
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