Somewhat Favorable Press Coverage Somewhat Unlikely to Impact SandRidge Energy (SD) Stock Price
News stories about SandRidge Energy (NYSE:SD) have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. SandRidge Energy earned a news sentiment score of 0.19 on Accern’s scale. Accern also gave news stories about the oil and natural gas company an impact score of 43.9012369697623 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
A number of research firms recently commented on SD. Seaport Global Securities downgraded shares of SandRidge Energy from a “buy” rating to a “neutral” rating and set a $17.00 price objective on the stock. in a report on Wednesday, June 21st. Zacks Investment Research raised shares of SandRidge Energy from a “sell” rating to a “hold” rating in a report on Friday, July 28th. Finally, ValuEngine downgraded shares of SandRidge Energy from a “buy” rating to a “hold” rating in a report on Friday, September 8th.
Shares of SandRidge Energy (SD) traded up 1.19% during mid-day trading on Friday, hitting $19.60. 123,491 shares of the company’s stock traded hands. The stock has a 50 day moving average price of $18.09 and a 200-day moving average price of $18.39. SandRidge Energy has a 1-year low of $15.03 and a 1-year high of $26.85. The stock has a market cap of $669.95 million and a P/E ratio of 1.96.
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.
Receive News & Ratings for SandRidge Energy Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SandRidge Energy Inc. and related companies with MarketBeat.com's FREE daily email newsletter.