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.
Criticisms of SandRidge's management.
About the Author
Taylor Muckerman was lead energy & materials analyst for fool.com from 2012-2013. He is now Head of Retention for Motley Fool Canada.