+ Watch SDR
on My Watchlist
Oil and gas will not get cheaper. 20% + has to come down as price goes up.
Good dividend yield.
hedges keep pricing reasonable and the dividend high
oil always in demand
Almost 50/50 oil and natural gas mix should allow it to weather the low price of natural gas in the near term. When natural gas rebounds (and it will in the next several years) will help the dividend increase. Currently yielding about 8% with a 2012 payout of $1.88.
SandRidge is doing a great job at monetizing their vast acreage, and SDR is part of that, along with joint ventures. Energy. High distribution payouts. I expect oil prices to be stable @ $100+; natgas has to be close to a bottom & is likely to ~double in the near term. Finally, I like Sandridge's management.
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