By
Joel South and Taylor Muckerman
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November 11, 2012
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In this video, Motley Fool energy analyst Joel South talks about SandRidge's big news -- the potential decision to sell off the company's Permian assets. The sell-off has investors nervous, but the company's aim is for more immediate liquidity for the company going forward to pursue its three-year plan to make moves in the Mississippian shale, as opposed to the slower method of waiting for Permian production to pay off before making those moves. This liquidity will help with its capital expenditures in the short run, but was it worth trading in the stable low-risk Permian assets for? Joel gives us his thoughts.
Investors have been spooked before with SandRidge. Recently they were startled after the company plummeted when natural gas prices reached 10-year lows, but with SandRidge halfway through its ambitious three-year plan to profitability, the future looks bright. If you are unsure about the future of this emerging oil and gas junior and are looking to find out more about its strengths and weaknesses, you should view this brand-new premium report detailing SandRidge's game plan and what to expect from the company going forward. To get started--click here!