SandRidge Energy (NYSE:SD) Issues Earnings Results, Beats Expectations By $0.32 EPS

SandRidge Energy (NYSE:SD) posted its quarterly earnings results on Tuesday. The oil and natural gas company reported $0.47 EPS for the quarter, beating the consensus estimate of $0.15 by $0.32, MarketWatch Earnings reports. SandRidge Energy had a negative return on equity of 4.82% and a negative net margin of 364.22%.

Shares of SD traded down $0.21 on Thursday, reaching $4.69. 448,026 shares of the stock traded hands, compared to its average volume of 454,238. The firm has a market cap of $171.22 million, a price-to-earnings ratio of -0.32 and a beta of 3.55. SandRidge Energy has a 12 month low of $1.11 and a 12 month high of $5.78. The stock’s 50-day moving average price is $4.00 and its 200-day moving average price is $3.80.

About SandRidge Energy

SandRidge Energy, Inc engages in the acquisition, development, and production of oil and natural gas primarily in the United States Mid-Continent. As of December 31, 2020, it holds interest in approximately 380,000 net leasehold acres in Oklahoma and Kansas, as well as total proved developed reserves of 33.4 million barrels of oil equivalent.

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Earnings History for SandRidge Energy (NYSE:SD)

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