Tag Archives: Sandridge

SandRidge Mississippian Trust I: Valuation Compelling After The Correction

By Richard Zeits: In an article published over a year ago (SA Top Idea: “SandRidge Mississippian Trust I: Risk Of Downward Repricing,” July 5, 2013), I warned that reported operating data for SandRidge Mississippian Trust I (NYSE:SDT) likely reflected very … Continue reading

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SandRidge Mississippian Trust I: Is There A Bottom?

ByRichard Zeits: In an article published a year ago (SA Top Idea: “SandRidge Mississippian Trust I: Risk Of Downward Repricing,” July 5, 2013) I warned that reported operating data for SandRidge Mississippian Trust I (NYSE:SDT) likely reflected very poor well … Continue reading

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SandRidge Mississippian Trust II: Analyzing Year-End Reserves

ByRichard Zeits: SandRidge Energy (SD), the sponsor of SandRidge Mississippian Trust II (SDR), this morning filed the 2013 annual report on Form 10-K for the Trust. Reserve Report Analysis Based on the filing, the Trust’s total proved reserves experienced a … Continue reading

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SandRidge Mississippian Trust I – PV-10 Update Reveals ‘Pig In A Poke’

ByDaniel R Moore: For the second year in a row, a major downward reserve adjustment was recorded at the SandRidge Mississippian Trust I (SDT). On March 14, 2014 the Trust published it 10-K report which contained an updated standardized measure … Continue reading

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SandRidge Energy: Turnaround In 2014?

ByRichard Zeits: Analyst Meeting Highlights SandRidge Energy (SD) hosted a highly informative Analyst Day yesterday. The presentation focused on the company’s game plan to achieve operating efficiencies and improved well performance in the Midcontinent. The four-hour long presentation is a … Continue reading

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SandRidge Energy: Turnaround In 2014?

ByRichard Zeits: Analyst Meeting Highlights SandRidge Energy (SD) hosted a highly informative Analyst Day yesterday. The presentation focused on the company’s game plan to achieve operating efficiencies and improved well performance in the Midcontinent. The four-hour long presentation is a … Continue reading

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SandRidge Energy: What Are The Assets Worth?

ByRichard Zeits: Executive summary: IP rates in the Mississippian improved during the fourth quarter. The company provided pro forma year-end estimates for reserves quantities and valuation; updated 2014 growth guidance; and discussed pro forma EBITDA metrics. While operationally the quarter … Continue reading

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SandRidge Energy: Mississippian Well Results Update

ByRichard Zeits: Executive summary: The article provides latest production test data for SandRidge’s (SD) Mississippian wells in Oklahoma. The fresh batch of test results made public last week shows wide variability in IP rates, but on average is in line … Continue reading

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SandRidge Gulf Of Mexico Asset Sale Is A Vote Of Confidence In Its Mississippian Play

By David White: SandRidge Energy Inc. (SD) is an oil and natural gas E&P company. It also owns and operates (with its subsidiaries) gas gathering and processing facilities and CO2 treating and transportation facilities; and it conducts marketing operations. Lariat … Continue reading

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Can SandRidge Find A Solution For The Variability Of The Mississippian Play?

ByRichard Zeits: The difficult to control variability of well results in the Mississippian fractured carbonate play remains one of the main challenges for operators. While the issue has been well documented, it is difficult to fully appreciate the degree of … Continue reading

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