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Security Profile
- Security Type
- Common Stock
- CUSIP
- 80007P869 (prev. 80007P307 )
- Market Cap
- Mid Cap
- Previous Symbol
- SDOCQ (changed 10/4/2016)
Business: SandRidge Energy, Inc. is an oil and natural gas exploration and production company headquartered in Oklahoma City, Oklahoma with its principal focus on developing high-return, growth-oriented projects in the U.S. Mid-Continent and Niobrara Shale.
Notes: October 4, 2016 -- SandRidge Energy, Inc. (NYSE:SD) today announced it has emerged from Chapter 11, having satisfied all the necessary provisions of its Plan of Reorganization. SandRidge received approval to relist on the New York Stock Exchange in conjunction with its emergence and resumed trading of newly issued common stock on October 4, 2016, under the ticker symbol SD. Combining its unrestricted cash balance with the availability under its first lien credit facility following emergence, SandRidge exits its restructuring with approximately $525 million in total liquidity. ____________ May 16, 2016, -- SandRidge Energy, Inc. announced that it has voluntarily filed petitions under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas (the Chapter 11) to consummate a pre-arranged reorganization through a restructuring support agreement with its creditors. The Restructuring Support Agreement contemplates an RBL facility and the equitization of approximately $3.7 billion of other funded indebtedness.
Company Contact
- CEO
- Grayson Pranin
- CFO
- Jonathan Frates
- Headquarters
- 1 E. Sheridan Ave, Suite 500, Oklahoma City, OK 73102
- Phone
- 405-429-5500
- Fax
- 405-429-5977
- Investor Relations
- Duane M. Grubert · 405-429-5515 · investors@sandridgeenergy.com