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Enter Symbol:

Sector Perform
down 23.68 %

SANDRIDGE ENERGY INC (SD) downgraded to Sector Perform with price target $10 by RBC Capital Mkts

Posted on: Wednesday,  Jan 4, 2012  1:25 PM ET by RBC Capital Mkts

RBC Capital Mkts rated Sector Perform SANDRIDGE ENERGY INC (NYSE: SD) on 01/04/2012. Previously RBC Capital Mkts rated Outperform SANDRIDGE ENERGY INC (NYSE:
SD) on 02/28/2011., when the stock price was $10.81. Since then, SANDRIDGE ENERGY INC has lost 23.68% as of 01/04/2012's recent price of $8.25.
If you would have followed the previous RBC Capital Mkts's recommendation on SD, you would have lost 23.68% of your investment in 310 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.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/4/2012 1:25 PM Hold
8.25 10.00
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD up  1.10 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/28/2011 9:25 AM Buy
10.81 9.00
12/17/2007 8:25 AM Buy

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