SandRidge Energy Inc
Weakest Upstream Stocks in the Week Ending September 21
Talos Energy, an exploration and production company involved in offshore drilling, was the weakest upstream stock in the week ending September 21.
Weakest Upstream Stocks in the Week Ending September 14
SandRidge Energy (SD) was the weakest upstream stock in the week ending September 14. SandRidge Energy fell 22.7% last week.
These Stocks Were the Weakest Upstream Performers Last Week
PVAC fell 16.3% last week amid weakness in crude oil and natural gas prices.
Weakest E&P Stocks in the Week Ending August 31
SandRidge Energy was the weakest E&P company in the week ending August 31. SandRidge Energy fell 4.5% last week amid weakness in natural gas prices.
Upstream Companies with the Lowest EBITDA Multiples
As of the first quarter, Sandridge Energy’s (SD) EV-to-adjusted EBITDA ratio was ~2.77x. The company has a market capitalization of $529.83 million.
Stock Comparison: REI, TELL, CDEV, SD, and EGN
Tellurian stock has risen 25.4% YoY (year-over-year), Energen stock has risen 25.3% YoY, and Centennial stock has risen 24% YoY.
Which Upstream Companies Had the Lowest Leverage?
Ring Energy’s leverage ratio as of the first quarter was ~1.09x. The company’s assets are mainly financed by equity.
How Have SGY, SD, MUR, QEP, and SWN Performed?
Stock performance In this final part of our series, we’ll discuss Stone Energy’s (SGY), Sandridge Energy’s (SD), Murphy Oil’s (MUR), QEP Resources’ (QEP), and Southwestern Energy’s (SWN) stock performance. As we saw in the previous part, these companies had the lowest last-12-month EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) ratios as […]
These Upstream Companies Have the Lowest Valuation Ratios
Top five upstream stocks by valuation In this part, we’ll compare stocks’ adjusted EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) ratios. Enterprise value is the sum of a company’s market capitalization and debt, minus cash and cash equivalents. A low EV-to-EBITDA ratio indicates that a company may be undervalued. Let’s look at the five […]
Stock Comparison: REI, CDEV, SD, JAG, and CPE
Stock performance In this part, we’ll compare Ring Energy’s (REI), Centennial Resource Development’s (CDEV), Sandridge Energy’s (SD), Jagged Peak Energy’s (JAG), and Callon Petroleum’s (CPE) stock performance. As we discussed in Part 7, these companies had the lowest last-12-month leverage ratios. Outliers and underperformers Ring Energy (REI) has outperformed peers significantly, rising ~39% YoY (year-over-year). Meanwhile, Centennial […]
These Upstream Companies Have the Lowest 12-Month Leverage
The five upstream with the lowest leverage In this part, we’ll look at the five upstream companies with the lowest leverage based on asset-to-equity ratios. A high asset-to-equity ratio indicates that debt is financing a larger portion of a company’s assets. The industry average ratio is 2.2x. The five upstream companies with the lowest LTM (last-12-month) leverage are Ring Energy […]
A Look at Carl Icahn’s New Position in SandRidge Energy
According to the latest 13F filing, activist investor Carl Icahn took a 13% stake in SandRidge Energy (SD) in 3Q17.
Tellurian Leads Upstream Gainers This Week
In the week starting November 20, 2017, Tellurian (TELL) rose from last week’s close of $11.73 to $12.66 on November 22, an increase of almost 8%.
Natural Gas Inventories Increase for 15 Consecutive Weeks
Government data showed that natural gas inventories increased by 99 billion cubic feet to 2,767 Bcf for the week ended July 10, 2015.
Will Natural Gas Inventories Rise for 15 Straight Weeks?
For the week ended July 10, 2015, the EIA will publish its weekly natural gas in storage report on July 16.
What to Expect from the EIA’s Natural Gas Inventory Report
On July 16, the EIA will release the weekly natural gas report for the week ending July 10. Natural gas inventories rose by 91 Bcf for the week ending July 3.
Natural Gas Priced ahead of the EIA’s Inventory Report
The EIA released its weekly natural gas report on July 9. It showed that natural gas stocks rose by 91 Bcf to 2,668 Bcf for the week ending July 3, 2015.
Natural Gas Inventories Could Rise for 14 Straight Weeks
A rise in inventories for the week ending July 3 would mean that natural gas stocks rose for 14 consecutive weeks. The puts pressure on natural gas prices.
SandRidge’s Proved Reserves in 1Q15: More Than Meets the Eye
SandRidge’s proved resources for 2014 rose 37% to 516 MMBOE (million barrels of oil equivalent). They were estimated to be $5.5 billion.
Does Performance in Oil Stocks Correlate with Hedging Activity?
The US rig count fell by 40% compared to a year ago, but 9.6 million bpd were still pumped in the United States, the highest since 1970. Hedging by oil companies has helped.
Smithwood Advisers and Hancock Sell Stakes in Energy in 1Q15
Smithwood Advisers was among the hedge funds that sold their stakes in SandRidge Energy in 1Q15. Hancock Holding was one of the firms that sold stakes in Vaalco Energy.
Natural Gas Prices: Below the Key Resistance of $2.90 per MMBtu
Natural gas prices broke above the key level of $2.80 MMBtu on May 8. Prices could continue the momentum and hit the resistance of $2.90 per MMBtu.
Increasing Inventory Data Puts Pressure on Natural Gas Prices
Natural gas futures for May delivery settled unchanged at $2.53 per MMBtu on April 24, 2015. The EIA released the natural gas weekly report on April 23.
Freeport-McMoRan Reports 1Q15 Loss as Crude Oil Tumbles
Crude oil prices have declined substantially since Freeport acquired its oil and gas production assets. Freeport produced 12.4 MMBOE in 1Q15, down 22% YoY.
Natural Gas: A Tug of War between the Bulls and Bears
The markets will determine whether the bulls or bears win in today’s trade. However, the long-term trend for natural gas is bearish.
Apache plans to stay afloat by slashing rig counts
Apache (APA) announced it will slash its rig counts from 91 rigs operated in the third quarter to 27 rigs by the end of February.
Omega Advisors trims stake in SandRidge Energy
Omega Advisors trimmed its position in SandRidge Energy (SD) this month. It holds 32,162,580 shares, a 6.63% stake, via an amended 13G filing this month.
Highlights of Omega Advisors via 13G filings
Omega Advisors’ top holdings at end of third quarter were American International Group (AIG), Citigroup (C), SiriusXM (SIRI), and Chimera Investment (CIM).
Overview of SandRidge Energy
SandRidge is expanding its low-cost multilateral program and is successfully extending its mid-continent resource base with Chester and Woodford production.
TPG-Axon reduces stake in SandRidge Energy
SD shares rose 15% the day after SandRidge released 3Q14 financial results, complementing operational results reported in November 2014.
TPG-Axon raises position with Monsanto
Monsanto received USDA recommendations for deregulation for both Roundup Ready Xtend soybeans and Bollgard II XtendFlex cotton.
Highlights of TPG-Axon Capital Management’s 3Q14 positions
TPD-Axon invests in public and private equity markets across the globe, especially healthcare, pharmaceuticals, financial services, technology, and energy.
A snapshot of Halcon Resources compared to its peers
Although Halcon’s quality of earnings is among the weakest in the group, its asset turnover ratio and projected earnings growth are in line with its peers.
Will Halcon Resources’ strategies pay off?
Halcon Resources implemented hedging strategies to protect from future movements or volatility in commodity prices, which affect its profitability.
Halcon’s market underperformance signals a sedate 2015 outlook
In YTD 2014, Halcon Resources has underperformed in comparison to the industry and the broader market, signaling a sedate 2015 outlook.
An overview of Halcon Resources
This article will present an overview of Halcon Resources (HK), a Texas-based energy exploration and production company.
Why Halcon Resources’ market outperformance decreased lately
In 2014, Halcon Resources (HK) outperformed the industry and broader market. HK’s stock has returned ~34% year-to-date (or YTD). On an annualized basis, this means a return of ~50%. In comparison, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) has returned ~12% YTD—or ~17% annualized.
Cohen’s Point72 Asset Management buys Midstates Petroleum share
Point72 Asset Management, the new name for SAC Capital Advisors, initiated a new position in Midstates Petroleum Company (MPO) last month, according to a 13G filing.
Assessing Dinakar Singh’s TPG-Axon Capital positions in 4Q13
TPG-Axon Capital Management LP (or TAC) is a privately owned $4 billion hedge fund firm founded by Dinakar Singh in February 2005.
SandRidge’s 2014 guidance shows 25%+ pro forma production growth
SandRidge Energy updated its 2014 guidance given its Gulf of Mexico divestiture. The new cost guidance shows lower lifting costs per unit.