SandRidge Energy, Inc. Declares Semi-Annual Preferred Stock Dividends
OKLAHOMA CITY, June 12, 2014
OKLAHOMA CITY, June 12, 2014 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD)
today announced that its Board of Directors has declared a $3.00 per share
semi-annual dividend on its shares of 6.0% Convertible Perpetual Preferred
Stock that will be paid in cash on July 15, 2014 to holders of record on July
1, 2014. The company has 2,000,000 shares of 6.0% Convertible Perpetual
Preferred Stock outstanding.
SandRidge Energy, Inc. logo.
The Board of Directors also has declared a $4.25 per share semi-annual
dividend on its shares of 8.5% Convertible Perpetual Preferred Stock that will
be paid in cash on August 15, 2014 to holders of record on August 1, 2014. The
company has 2,650,000 shares of 8.5% Convertible Perpetual Preferred Stock
About SandRidge Energy, Inc.
SandRidge Energy, Inc. is an oil and natural gas company headquartered in
Oklahoma City, Oklahoma with its principal focus on exploration and
production. SandRidge and its subsidiaries also own and operate gas gathering
and processing facilities and conduct marketing operations. In addition,
Lariat Services, Inc., a wholly-owned subsidiary of SandRidge, owns and
operates a drilling rig and related oil field services business. SandRidge
focuses its exploration and production activities in the Mid-Continent region
of the United States. SandRidge's internet address is www.sandridgeenergy.com.
Duane M. Grubert
EVP – Investor Relations and Strategy
SandRidge Energy, Inc.
123 Robert S. Kerr Avenue
Oklahoma City, OK 73102
+1 (405) 429-5515
SOURCE SandRidge Energy, Inc.
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