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SandRidge Energy, Inc. (NYSE:SD) has been downgraded to Neutral in a statement by Seaport Global Securities earlier today.

Seaport Global Securities has downgraded SandRidge Energy, Inc. (NYSE:SD) to Neutral in a statement released on 6/21/2017.

Boasting a price of $16.29, SandRidge Energy, Inc. (NYSE:SD) traded -1.81% lower on the day. With the last close down 3.00% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. SandRidge Energy, Inc. has recorded a 50-day average of $18.11 and a two hundred day average of $18.40. Volume of trade was up over the average, with 654,706 shares of SD changing hands over the typical 256,031

Performance Chart

SandRidge Energy, Inc. (NYSE:SD)

With a total market value of $0, SandRidge Energy, Inc. has price-earnings ratio of 1.89 with a one year low of $15.03 and a one year high of $26.85 .

More About SandRidge Energy, Inc. (NYSE:SD)

SandRidge Energy, Inc., an oil and natural gas company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids primarily in the Mid-Continent and Rockies regions of the United States. As of December 31, 2016, the company had 2,310.0 net producing wells; approximately 950,000 net total acres under lease; 1 drilling rig in the Mid-Continent; and a total estimated proved reserves of 163.9 million barrels of oil equivalent. The company is headquartered in Oklahoma City, Oklahoma. On May 16, 2016, SandRidge Energy, Inc. and its direct and indirect subsidiaries filed voluntary petitions for reorganization under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas.

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