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.

Recommended Story: Hedge Funds – Risk or Reward?

Earnings History for SandRidge Energy (NYSE:SD)

Receive News & Ratings for SandRidge Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SandRidge Energy and related companies with's FREE daily email newsletter.