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.
This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.