In the following video, Motley Fool energy analysts Joel South and Taylor Muckerman take a step away from some of the bad news surrounding SandRidge's (NYSE: SD) management at the moment, and take a look at the company's production. Joel highlights how much the company was able to grow production year over year in 2012 in the Mississippian, and how many new wells it was able to bring online this past quarter. He also offers investors insight about where the company needs to focus its drilling in 2013.
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SandRidge needs to start striking more oil if it's going to get out of this slump.
Joel South owns shares of SandRidge Energy. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool owns shares of SandRidge Mississippian Trust II and has the following options: Long Jan 2014 $20 Calls on Chesapeake Energy, Long Jan 2014 $30 Calls on Chesapeake Energy, and Short Jan 2014 $15 Puts on Chesapeake Energy. 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.
Stocks Mentioned
Chesapeake Energy
CHKA.Q
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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