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SANDRIDGE ENERGY INC (SD) [hlAlert]

Rating:
Hold SD
down 42.75 %

SANDRIDGE ENERGY INC (SD) downgraded to Hold by KeyBanc Capital Mkts

Posted on: Thursday,  Dec 20, 2012  8:25 AM ET by KeyBanc Capital Mkts

KeyBanc Capital Mkts rated Hold SANDRIDGE ENERGY INC (NYSE: SD) on 12/20/2012. Previously KeyBanc Capital Mkts rated Buy SANDRIDGE ENERGY INC (NYSE: SD)
on 02/28/2011., when the stock price was $10.76. Since then, SANDRIDGE ENERGY INC has lost 42.75% as of 12/20/2012's recent price of $6.16.
If you would have followed the previous KeyBanc Capital Mkts's recommendation on SD, you would have lost 42.75% of your investment in 661 days.

SandRidge Energy, Inc. is an independent natural gas and oil company concentrating on exploration, development and production activities. The Company is focused on the exploration and exploitation of its holdings in the West Texas Overthrust (WTO), a natural gas prone geological region. The Company owns related gas gathering and treating facilities, a gas marketing business and an oil field services business, including its drilling rig business, Lariat Services, Inc.

KeyBanc Capital Mkts is one of the nation's largest bank-based financial services companies, with assets of approximately $89 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. The company's businesses deliver their products and services through branches and offices.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/20/2012 8:25 AM Hold
None
6.16
as of 12/31/2012
1 Week   
1 Month up  5.29 %
3 Months down  -11.74 %
1 YTD down  -24.50 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/28/2011 2:25 PM Buy
None
10.76 16.00
10/6/2010 8:25 AM Hold
None
5.85

(*) Stock Price at the time of the recommendation.
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