In this video, Energy Analyst Joel South takes a look at some very vocal dissent from TPG-AXON Capital, which has 4.5% ownership of Sandridge Energy, (UNKNOWN:SD.DL). They are frustrated with how long the stock price has continued to underperform the industry, and they are ready for a change, starting with the ousting of some of the top management, including the CEO. They're hoping this could curb what they see to be the company's reckless spending and incoherent strategy; South, however isn't quite so sure that these criticisms hit the mark.
Joel South and Taylor Muckerman
Nov 8, 2012 at 8:47PM
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