SandRidge Energy Inc $ 5.01 0.14 (2.87%)
SandRidge Energy Inc News and Headlines -
GuruFocus Articles
Total 95
- 1
- 2
- 3
- 4
- 5
- 1
- 2
- 3
- 4
- 5
According to the GuruFocus All-In-One Screener, the following energy stocks are popular among gurus
SandRidge Energy Inc. (SD) is held by four gurus
The company develops and explores oil properties. It has a market cap of $606.12 million and an enterprise value of $579.11 million. Its revenue of $346.08 million has declined 5.20% annually over a 10-year period.
The current stock price of $17.12 is 21.83% below its 52-week high and 231.540.76% above its 52-week low. Over the past 10 years, it has returned a loss of 12%.
The company’s largest shareholder among the gurus is Carl
[url=http://www.gurufocus.com/StockBuy.php?GuruName=Carl+Icahn]Carl Icahn[/url] ([url=http://www.gurufocus.com/StockBuy.php?GuruName=Carl+Icahn]Trades[/url], [url=http://www.gurufocus.com/holdings.php?GuruName=Carl+Icahn]Portfolio[/url]), CEO of Icahn Enterprises, increased his stake in Energen Corp. (EGN) on Monday, roughly a month after announcing he may acquire the oil and gas producer and then walking back the statement in an interview.
The transaction boosted Icahn’s holding of the company to 3,225,706 shares, or 3.3%, from 3 million shares, or 3.06%, at his previous filing on June 20.
He started the position in May with a purchase of 2 million shares from his business partner in the deal, Keith Meister of Corvex, and holds options to purchase another 2 million shares.
Just because a stock has doubled doesn’t mean you’ve missed your chance to profit.
Amazon.com shares doubled in 2003 and have marched to a further 2100% gain since. Micron Technology, Microsoft, and many other stocks have scored handsome gains even after they doubled in a year.
To repeat one of my Sunday sermons, the way to judge a stock is not by whether it’s been rising or falling, but by how good a value it is now.
Here are a few stocks that have doubled in the past year, and that I think have potential to move on to meaningful
In Tuesday trading, shares of SandRidge Energy Inc. (SD) fell after reporting first-quarter earnings of 15 cents on revenue of $87.13 million, down 11.4% year over year. The company beat earnings estimates by 20 cents and revenue expectations by $43 million.
Moreover, adjusted earnings before interest, taxes, depreciation and amortization were $40 million.
"We significantly reduced overhead and improved operating margins, which better positions SandRidge to achieve profitable growth and value recognition," President and CEO Bill Griffin said.
On the other hand, shares of Crocs Inc. (CROX) jumped on
According to the GuruFocus All-In-One Screener, the following energy stocks are popular among gurus.
Seven gurus are invested in Anadarko Petroleum Corp. (APC).
The company explores and produces oil and natural gas. It has a market cap of $32.7 billion and an enterprise value of $46.93 billion. Its revenue of $11.23 billion has decreased 3.90% annually over the past 10 years.
The current stock price of $63.46 is 0.55% below its 52-week high and 58.81% above its 52-week low. Over the past 10 years, it has returned a loss of 8%.
The company’s largest shareholder among the gurus
Oil and gas producer SandRidge Energy Inc. (SD) announced it had rejected Midstates Petroleum (MPO)'s all-stock bid on Monday, saying it was highly dilutive.
Tulsa, Oklahoma-based Midstates suggested combining the two companies in a stock-for-stock merger at a 60-40 exchange ratio, meaning SandRidge’s shareholders would own 60% of the combined company.
The company extended the offer last month after activist investor Carl Icahn (Trades, Portfolio) thwarted Oklahoma City-based SandRidge’s plans to buy Bonanza Ceek Energy (BCEI).
Icahn disclosed a 13.5% stake in SandRidge last November, saying he was opposed to the $746 million deal.
Activist investor Carl Icahn (Trades, Portfolio) had a busy few weeks trading shares of the printing technology company he loves to hate.
Early this month, the guru dumped over 1.1 million shares of Xerox Corp. (XRX) for an average price of just under $35. Then, three days later, he sold another 140,000 for an average price of $32 per share. A week later, though, he loaded up on 15.3 million shares for an average price of $29.61.
After all the loading and unloading, Icahn ended up with 38.7 million shares. That compares to the 21 million shares
January 9, 2018
CARL C. ICAHN
767 Fifth Avenue, Suite 4700
New York, New York 10153
John V. Genova
Chairman of the Board
SandRidge Energy, Inc.
123 Robert S. Kerr Avenue
Oklahoma City, Oklahoma 73102
_
Re: Moving Beyond the Bonanza Debacle
Dear John:
We were obviously pleased that you made the wise choice to terminate the Bonanza merger agreement, but we still have grave concerns about many of the things this board of directors has permitted to happen at SandRidge. We believe the current directors were remiss in attempting to ram through
Icahn Enterprises leader Carl Icahn (Trades, Portfolio) disclosed he established a 13.5% stake in SandRidge Energy Inc. (SD) on Nov. 15, becoming its largest shareholder.
The activist investor purchased over 4.8 million shares of the Oklahoma City-based oil and gas producer for an average price of $16 per share, giving it 0.36% portfolio space.
According to filings, Icahn began buying shares in October. He added to his position after the company announced Nov. 15 it is planning to buy Denver-based Bonanza Creek Energy Inc. (BCEI) in a $746 million cash and stock deal.
CEO James Bennett said
Wall Street is in Thanksgiving Day feasting, while the rest of the world traded relatively mixed. The U.S. dollar traded at a one-month low today, with the euro advancing on the back of solid business data, principally from the German economy, which continues growing.
Shares of SandRidge Energy Inc. (SD) jumped more than 5% in after-hours market session, ahead of Carl Icahn (Trades, Portfolio)´s long position, a new 13.5% stake. He also said that he will vote against the acquisition of Bonanza Creek
Schneider Capital Management founder Arnold Schneider (Trades, Portfolio) established eight positions during the first quarter. Half of his purchases were energy stocks – Oasis Petroleum Inc. (OAS), Now Inc. (DNOW), QEP Resources Inc. (QEP) and SandRidge Energy Inc. (SD).
As he believes disciplined value investing produces the best success over time, Schneider depends on research that identifies undervalued stocks with the potential for positive change. His current portfolio is composed of 62 stocks and is valued at $599 million. Energy stocks have the heaviest weighting in his portfolio at 38.3%.
Having previously sold out of Oasis in
[url=http://www.gurufocus.com/StockBuy.php?GuruName=Francis+Chou]Francis Chou[/url] ([url=http://www.gurufocus.com/StockBuy.php?GuruName=Francis+Chou]Trades[/url], [url=http://www.gurufocus.com/holdings.php?GuruName=Francis+Chou]Portfolio[/url])’s Toronto-based fund announced this week that it bought two new drug manufacturers in the first quarter, along with adding to stakes in oil and gas and a notoriously troubled pharmaceutical company.
Chou makes all of the investment decisions for the $620 million he manages at Chou Associates. A deep-value investor, Chou discussed his interest in pharmaceutical companies in his 2016 annual letter:
“As if Valeant has not given enough pain and anguish to our unitholders, we believe pharmaceutical stocks as a group are selling at attractive valuations, even when you take the debt into consideration. They
Dear Shareholder,
For the year ending December 31, 2016, the Chou Income Fund (the “Fund”) was up 20.72%, while the Barclay’s U.S. Corporate High Yield Index (High Yield Index) generated a return of 17.13% during the same period. The Fund’s performance is not necessarily indicative of how the Fund will perform in the future.
Portfolio Commentary
Fund losses came mainly from positions in debt securities of two Ukranian companies, Avangardco Investments (LSE:AVGR) and UkrLandFarming Company. Avangardco fell from 50.5 cents on a dollar on December 31, 2015 to 29.0 cents on December 31, 2016. Avangardco Investments is one of the
Many readers must undoubtedly be familiar with Investment checklists. Famed investors such as Charlie Munger and Mohnish Pabrai have used them to structure their buy decisions. This article will explain my checklist structure so the readers can apply the underlying mental model to their buy decisions.
In trying to come up with the structure, I faced the challenge of deciding what the most important checklist items should be. After years of refining, I am currently at a point where I have just seven checklist items –Â not too many and yet just enough for me to help decide whether
Robert Bruce (Trades, Portfolio) is the founder of the Bruce Fund (BRUFX) run by Robert and son, Jeff. From 2000 through 2006, the Bruce Fund had annualized returns of 29.7%. Bruce's previous returns and more recent returns have been lower.
Bruce invests in stocks -- mostly small- and mid-cap plus the occasional large-cap -- and convertible and distressed bonds. The Bruces tend to hold their stocks for the long-term.
The performance of Bruce’s Portfolio during the last years, is negative compared to the S&P 500. The performance (5-year Cummulative) is -11.2%, while 3-year cumulative
Leon Cooperman (Trades, Portfolio), founder and chairman of Omega Advisors, is currently holding 91 stocks with his hedge fund’s portfolio for a total value of about $6 billion.
According to GuruFocus, the stocks of his portfolio trading with the lowest P/E ratio are Altisource Portfolio Solutions SAÂ (ASPS), Arbor Realty Trust Inc (ABR), QEP Resources Inc (QEP), SandRidge Energy Inc (SD), Chimera Investment Corp (CIM).
Altisource Portfolio Solutions SAÂ (ASPS)
He started to buy ASPS in 2011 and so far he holds 2,257,451 at an average price
Of the 92 stocks Omega Advisors founder Leon Cooperman (Trades, Portfolio) has in his portfolio, 21% of the stocks come from the financial services sector. Next is the energy sector, making up 19.1% of his portfolio and last is the consumer cyclical sector, which makes up 12% of his overall portfolio.
"Buying something at the right price is half the game," Cooperman said during an inverview at the CNBC/Institutional Investor Delivering Alpha conference.This value investor looks at buying stocks that have more growth.
Four of the most heavily weighted stocks in Cooperman's portfolio include:
“Our bread-and-butter business is finding undervalued stocks. It's becoming increasingly difficult, but you can find them if you look hard.” – Leon Cooperman (Trades, Portfolio)
In addition to being a highly successful investor, guru Leon Cooperman (Trades, Portfolio), chairman and CEO of New York-based Omega Advisors, is an advocate of education. “I try to give back to those organizations that have affected me over my lifetime,” he has said, and there have been many of those. He is also a senior member and past president of
“Pray as though everything depended on God. Work as though everything depended on you.” – St. Augustine (354-430)
There are icons in every field of human endeavor.
For a mathematician, there is probably no greater compliment than to be compared to Galileo. For a physicist, the iconic figure is Einstein; for a psychiatrist, it may be Freud. In the still-emerging field of computers, it likely is Steve Jobs.
Sometimes it takes awhile for such people to achieve iconic status, but when they do, it is because their ideas and approaches have stood the test of time.
For an
Prem Watsa (Trades, Portfolio) founded the Toronto-based Fairfax Financial Holdings Limited (TSX:FFH) in 1985, which is engaged in property and casualty insurance, as well as reinsurance and investment management. Watsa was born in India, originally trained as a chemical engineer but took a chance to move to London, Ontario, where his brother lived. There, Watsa earned an MBA at Western University and then worked for a decade in the investment department at a now defunct Canadian insurance company before forming Fairfax. Today, Fairfax manages about $1.46 billion in assets.
Headlines
Total 55
- 1
- 1
2021-01-15 $ 5.01 (2.87%) | |
3:49pm
| |
2020-12-15 $ 3.49 (1.45%) | |
8:20am
| |
3:12am
| |
2020-11-09 $ 2.4 (13.74%) | |
10:35am
| $SD - SandRidge: Stellar Q3 2020. Sandridge Stellar Q3 2020 - seekingalpha.com |
2020-11-05 $ 2.23 (23.89%) | |
3:40pm
| |
2020-11-02 $ 1.94 (12.79%) | |
1:14pm
| |
2020-10-17 $ 1.65 (-2.94%) | |
8:02pm
| |
2020-09-26 | |
3:43am
| |
2020-05-27 $ 1.6 (0.63%) | |
4:59am
| |
2020-05-26 $ 1.59 (8.16%) | |
11:05am
| |
7:00am
| |
2020-05-25 $ 1.47 (%) | |
7:00am
| |
2020-02-29 | |
3:00am
| |
2020-02-27 $ 2.1 (-1.87%) | |
3:00am
| |
2019-07-20 | |
6:00am
| |
2019-04-30 $ 8.36 (-0.36%) | |
3:00am
| |
2018-03-20 $ 14.26 (1.21%) | |
10:51am
| |
2018-01-12 $ 21.16 (-0.56%) | |
9:55am
| |
2017-11-27 $ 18.37 (-2.8%) | |
11:32am
| Carl Icahn Takes Stake in SandRidge Energy - GuruFocus.com |
2015-01-23 | |
4:01pm
| A Look at Leon Cooperman's Top Four Stocks - GuruFocus.com |
2013-12-19 | |
5:19pm
| |
2013-10-28 | |
10:55am
| Leon Cooperman's Top Picks in the Energy Patch - GuruFocus.com |
2013-06-20 | |
5:12pm
| |
2013-03-21 | |
5:17pm
| Top 5 Stocks from TPG-Axon - GuruFocus.com |
2013-03-13 | |
5:11pm
| |
2013-01-25 | |
10:29am
| Sandridge Energy's Board Responds to the Accusations of TPG-Axon - GuruFocus.com |
2013-01-22 | |
9:31am
| |
2013-01-17 | |
5:23pm
| |
2012-12-27 | |
4:33pm
| |
2012-11-19 | |
3:31pm
| |
2012-11-16 | |
10:23am
| Full Detail of Activist TPG-Axon's Demands For Sandridge Energy - GuruFocus.com |
2012-11-13 | |
4:33pm
| More from Activist Investor TPG-Axon on Sandridge Energy - GuruFocus.com |
2012-11-12 | |
10:39am
| SandRidge Energy Has Had Corporate Governance for Years - GuruFocus.com |
2012-11-09 | |
11:05am
| Hedge Fund Activist Target - Sandridge Energy - GuruFocus.com |
2012-09-19 | |
5:33pm
| |
2012-07-11 | |
11:49am
| Weitz Funds Letter to Shareholders - GuruFocus.com |
2011-11-11 | |
11:34am
| |
11:28am
| Weitz Partners Value Fund Commentary: CVS, BRK.A, BRK.B - GuruFocus.com |
2011-10-29 | |
5:09pm
| Weekly Guru Bargains Highlights: SD, OI, BGC, LAZ, BTU - GuruFocus.com |
2011-07-30 | |
2:10am
| Stocks That Insiders Are Buying and Selling July 2011 - GuruFocus.com |
2011-07-21 | |
3:45pm
| Prem Watsa Reduces Holdings in SandRidge Energy - GuruFocus.com |
2011-03-23 | |
3:48pm
| |
2010-11-11 | |
12:54pm
| |
2010-11-07 | |
10:29am
| Weekly Guru Bargains Highlights: SD, CREE, AMLN, ICLR, CVD - GuruFocus.com |
2010-10-10 | |
5:55pm
| Weekly CEO Sells Highlight: SD, VRSK, ROVI - GuruFocus.com |
2010-10-08 | |
5:15pm
| |
2010-08-19 | |
10:28am
| Sandridge Energy – Insiders Are Buying, But Nobody Else Is - GuruFocus.com |
2010-08-11 | |
2:53pm
| Will There Ever Be a Bottom for Sandridge Energy ? - GuruFocus.com |
2010-08-09 | |
1:39pm
| |
2010-05-08 | |
3:41pm
| |
2010-04-10 | |
12:24pm
| EMT, “Ick†Investing, and Natural Gas - GuruFocus.com |
2010-02-12 | |
10:48am
| |
2009-12-04 | |
6:19pm
| |
2009-05-07 | |
4:07pm
| SANDRIDGE ENERGY INC Reports Operating Results (10-Q) - GuruFocus.com |
2008-11-19 | |
8:50pm
|
- 1