SandRidge Energy (NYSE:SD) Announces Quarterly Earnings Results

SandRidge Energy (NYSE:SD) posted its earnings results on Monday. The oil and natural gas company reported $0.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.14), Zacks reports. SandRidge Energy had a net margin of 39.25% and a return on equity of 7.92%.

SandRidge Energy Stock Up 1.4 %

Shares of NYSE:SD traded up $0.16 during midday trading on Monday, reaching $11.27. 383,929 shares of the company were exchanged, compared to its average volume of 284,589. The firm has a market cap of $419.40 million, a PE ratio of 8.80 and a beta of 2.03. The stock has a fifty day simple moving average of $12.02 and a two-hundred day simple moving average of $11.88. SandRidge Energy has a fifty-two week low of $10.31 and a fifty-two week high of $15.31.

SandRidge Energy Company Profile

SandRidge Energy, Inc engages in the acquisition, development, and production of oil, natural gas, and natural gas liquids in the United States Mid-Continent. The company was incorporated in 2006 and is headquartered in Oklahoma City, Oklahoma.