Recently, a group of activist investors among SandRidge's (NYSE: SD) shareholders became very vocal about their criticisms of the company's management in a letter dated Nov. 8. Now, another group has followed suit, Mount Kellet Capital Management, which owns 4.5% of SD, and has it valued considerably higher than it is by the market today. In this video, Motley Fool energy analyst Taylor Muckerman discusses the mounting pressure against SandRidge's management by shareholders with criticisms that can no longer be ignored, and what specific aspects of the leadership at SandRidge are to blame for all the recent ire.
Taylor Muckerman has no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. 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.
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