+ Watch SD
on My Watchlist
The company engages in the exploration, development, and production of oil and gas properties.
5 minute valuation/analysis (as of 7/27/15) of HPV (highest possible value):MRQ profit after adding back nonrecurring charge = $39,112EBITDA adjustment (quarterly) = +185,783 (depreciation, interest, and income taxes)Quarterly EBITDA = $225KProjected annual 2015 EBITDA = $225K x 4 = $900KGive a generous multiple of 30 (P/E equivalent): 30 x $900K = Market cap valuation of $27M (Note, the multiple is the guess work within the "science" of business valuation. Fair market value is defined as that amount a willing buyer would pay a willing seller, assuming neither is under duress (compelled into the transaction by factors outside the traditional madels) . Most would argue that current stock price is, like it or not, the best estimate of FMV. However, Not for my money. Divide the $27M of EBITDA by total shares outstanding of 484M results in a HPV share price of $.0558Last Friday's closing share price was: $.5618CONCLUSION: SHORT THIS STOCK. IT IS OVERVALUED BY ROUGHLY 90%. DO YOUR OWN DD.Note, like is or not, this is how it's done. Make winning trades or play a game of delusion. Your choice.
Too much debt and low oil prices will drive the stock price lower.
stock is cheap at this level < 1.00 - I consider it a longer hold time
Natural gas must rebound eventually
Closed and re-opened to more accurately reflect my actual start price. Had to buy more than I wanted for the long term to get it to this level, so will watch for opportunities to "cull" the excess. I think it has been oversold and should come up from here, but with the market being the way it is in the energy sector, anything can happen in the intermediate term. Might be a good entry point for a patient investor to "nibble" their way in. Do your own DD, but you may want to see the Q1 results before doing anything. JMO and worth exactly what I am charging for it.
Lower Oil price
Oil is near bottom in my opinion.
Under valued and not going out of business. Oil will rise when OPEC reduces suppply. This stock will triple in the next few years.
new management, not paying tom wards hefty price.
New management, maybe it will improve?
looking like a good value
New management has already started to transfer the profits to the shareholders rather than internally
Bought IRL at 5.05. Based on return and expected profits, I see at $9+/share by 2016.
SandRidge is ready for a major comeback.
Long term pick.
We are past the bottom on SD. This energy producer will do well as it moves past the corrupt management fiasco of last year. Fool on!
The increased use of horizontal drilling for the production of Oil and Natural gas liquids will be money makers even if oil prices decline and they will make a lot if prices increase, Increases likely due to the never ending problem in the Middle East. Play the right companies right here in U.S. and cash in.
There is value in the company once they spend more time developing their assets. Ditching Tom Ward is also a plus
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ratings and Key Statistics provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions