SandRidge Energy (NYSE:SD) Announces Earnings Results

SandRidge Energy (NYSE:SD) released its earnings results on Monday. The oil and natural gas company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.14), Zacks reports. SandRidge Energy had a net margin of 39.25% and a return on equity of 7.92%.

SandRidge Energy Price Performance

SD traded up $0.16 on Monday, reaching $11.27. 383,929 shares of the company traded hands, compared to its average volume of 284,589. The company has a market cap of $419.40 million, a price-to-earnings ratio of 8.80 and a beta of 2.03. The stock’s 50 day moving average price is $12.02 and its 200-day moving average price is $11.88. SandRidge Energy has a 52-week low of $10.31 and a 52-week high of $15.31.

SandRidge Energy Company Profile

SandRidge Energy, Inc engages in the acquisition, development, and production of oil, natural gas, and natural gas liquids in the United States Mid-Continent. The company was incorporated in 2006 and is headquartered in Oklahoma City, Oklahoma.