sandridge energy inc (SD) Key Developments
SandRidge Energy, Inc. Proposes an Amendment to its Certificate of Incorporation
Apr 24 15
SandRidge Energy, Inc. announced that at its AGM to be held on June 4, 2015, proposed an amendment to the company’s certificate of incorporation to increase the number of authorized shares of Company common stock to 1,800,000,000 shares from 800,000,000 shares, and to correspondingly increase the number of authorized shares of Company capital stock.
John Suter Joins SandRidge Energy Inc. as Senior Vice President of Production
Apr 23 15
John Suter will join SandRidge Energy Inc. as senior vice president of production. Suter was vice president of the Woodford business unit at American Energy Partners. Earlier he was vice president of operations for Chesapeake's Western Division. He also worked for Continental Resources, Cabot Oil & Gas Corp. and Petro-Lewis Corp.
SandRidge Energy, Inc. to Report Q1, 2015 Results on May 06, 2015
Apr 8 15
SandRidge Energy, Inc. announced that they will report Q1, 2015 results at 5:00 PM, Eastern Standard Time on May 06, 2015
SandRidge Energy Inc. Laying Off 132 Employees at Oklahoma City Headquarters
Apr 3 15
SandRidge Energy Inc. announced that the company is laying off 132 employees, or about 20% of the workforce at the Oklahoma City headquarters. Market conditions continue to dictate that the company will take proactive steps to preserve the financial strength of the company. Aligning the size of workforce with the realities of a lower commodity price, reducing capital budget and focusing ongoing efforts on innovation and efficiency provides a path forward in this market. The company making great strides in lowering well costs while maintaining commitment to safety and sound business practices. As a result, although the company believe there is ample reason to be optimistic about the future of SandRidge even with sustained lower oil prices.
Sandridge Energy, Inc. Declares Semi-Annual Dividend on its Shares of 7.0% Convertible Perpetual Preferred Stock, Payable on May 15, 2015
Apr 2 15
SandRidge Energy, Inc. announced that its Board of Directors has declared a $3.50 per share semi-annual dividend on its shares of 7.0% convertible perpetual preferred stock that will be paid in shares of company common stock on May 15, 2015 to holders of record on May 1, 2015.