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SandRidge Energy (US:SD) target price lowered to $17.00, reported today by Seaport Global Securities

SandRidge Energy (US:SD) had its target price lowered to $17.00 by Seaport Global Securities in a report released 6/21/2017. The new target price indicates steady performance relative to the company's last stock close price.

Yesterday SandRidge Energy (US:SD) traded -1.81% lower at $16.95. The company’s 50-day moving average is $18.11 and its 200-day moving average is $18.40. The last stock close price is down 3.00% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 654,706 shares of the stock were exchanged, up from an average trading volume of 256,031

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SandRidge Energy (US:SD)

SandRidge Energy has a 52 week low of $15.03 and a 52 week high of $26.85 with a P/E ratio of 1.89 The company’s market cap is currently $0.

About SandRidge Energy (US: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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