March 9, 2013
In the following video, Motley Fool energy analysts Joel South and Taylor Muckerman discuss what SandRidge (NYSE: SD ) is going to look like in 2013. The past year was a difficult for the company, as it struggled with activist investors attacking the company's current management and board of directors, as well as a big sell-off of some of the company's important assets in the Permian Basin. Joel tells us some positives for the company, such as its production growth and proven reserve replacement, and tells us where it's headed in 2013, but he says long-term investors need to be focused on the company's long-term prospects if the current management team stays intact after the the March 15 vote for amending the company bylaws, brought on by TPG-Axon.
The future is still unclear, but it's vitally important for shareholders to focus on the long-term prospects of SandRidge. However, if you're 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!