In today's video, Joel discusses SandRidge and the potential upside the company has as it strengthens its balance sheet while doubling oil production. In addition to increasing liquidity, SandRidge is positioned to grow its bottom line as it develops its inexpensive, low-carbonate assets. Check out the video below for more information on the company and see if it's a good fit for your portfolio.
SandRidge is emerging from its difficult past and is halfway through its ambitious three-year plan to profitability. If you would like to find out more about the strengths and weaknesses of the company, you should view this brand-new premium report detailing SandRidge's plan and what to expect from the company going forward. To get started, click here!
Austin Smith has no positions in the stocks mentioned above. Joel South has no positions in the stocks mentioned above. The Motley Fool owns shares of Ultra Petroleum and has the following options: long JAN 2013 $16.00 calls on Chesapeake Energy, long JAN 2013 $25.00 calls on Chesapeake Energy, long JAN 2014 $20.00 calls on Chesapeake Energy, long JAN 2014 $30.00 calls on Chesapeake Energy, long JAN 2014 $30.00 calls on Ultra Petroleum, long JAN 2014 $40.00 calls on Ultra Petroleum, and long JAN 2014 $50.00 calls on Ultra Petroleum. Motley Fool newsletter services recommend Chevron and Ultra Petroleum. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.