SANDRIDGE ENERGY INC (SD) Chairman, CEO and President, 10% Owner Tom L. Ward sells 2,000,000 Shares

Chairman, CEO and President, 10% Owner of SANDRIDGE ENERGY INC (SD, Financial) Tom L. Ward sells 2,000,000 shares of SD on 12/01/2009 at an average price of $8.85 a share.

SandRidge Energy, Inc. is an oil and natural gas company headquartered in Oklahoma City with its principal focus on exploration and production. SandRidge also owns and operates drilling rigs and a related oil field services business operating under the Lariat Services, Inc. brand name; gas gathering, marketing and processing facilities; and, through its subsidiary, PetroSource Energy Company CO2 treating and transportation facilities and tertiary oil recovery operations. SandRidge focuses its exploration and production activities in West Texas, the Cotton Valley Trend in East Texas and the Gulf Coast. SandRidge also owns oil and gas properties in the Piceance Basin of Colorado, the Gulf of Mexico and the Anadarko and Arkoma Basins. Sandridge Energy Inc has a market cap of $1.6 billion; its shares were traded at around $8.72 with a P/E ratio of 12.4 and P/S ratio of 1.4.

SD is in the portfolios of T Boone Pickens of BP Capital, Arnold Schneider of Schneider Capital Management, Prem Watsa of Fairfax Financial Holdings, Inc., Paul Tudor Jones of The Tudor Group, Bruce Kovner of Caxton Associates, Jeremy Grantham of GMO LLC.

Insiders' Positions with SD

  • Buy:: Director William A. Gilliland bought 10,000 shares of SD stock on 11/17/2009 at the average price of 10.12, the price of the stock has decreased by 13.83% since

  • Buy:: Director Everett R Dobson bought 20,800 shares of SD stock on 09/25/2009 at the average price of 12, the price of the stock has decreased by 27.33% since

  • Buy:: Director Daniel Jordan bought 25,000 shares of SD stock on 09/25/2009 at the average price of 12, the price of the stock has decreased by 27.33% since

  • Buy:: SVP - Human Resources Mary L Whitson bought 100 shares of SD stock on 07/02/2009 at the average price of 8.39, the price of the stock has increased by 3.93% since

  • Sell:: SVP-Midstream Wayne Chang sold 2,000 shares of SD stock on 10/12/2009 at the average price of 13.61, the price of the stock has decreased by 35.93% since