SandRidge Energy, Inc. today announced financial and operational results for the quarter ended June 30, 2018. For the second quarter, the Company reported a net loss of $34 million, or $0.97 per share, and net cash provided by operating activities of $26 million. After adjusting for certain items, the Company's adjusted net loss amounted to $2 million, or $0.05 per share, operating cash flow totaled $24 million and [...]
OKLAHOMA CITY, July 30, 2018 /PRNewswire/ -- SandRidge Energy, Inc. will release its 2018 second quarter financial and operational results after the close of trading on the New York Stock Exchange on Wednesday, August 8, 2018. The company will host a conference call to discuss these results on Thursday, August 9, 2018 at 8:00am CT. The telephone number to access the conference call from within the U.S. is 245-9650 and [...]
Strategic Options Process to be conducted by Full Board of Directors, Not a Special Committee of the Board Certain Restrictions Imposed by Former Board of Directors Have Been Eased to Permit Additional Parties, including Midstates Petroleum, to Submit Bids if They Choose to Do So New Board of Directors Begins a Complete and Thorough Review of Assets and Operating Strategies, including Capital Expenditure and Drilling [...]
OKLAHOMA CITY, June 25, 2018 /PRNewswire/ -- SandRidge Energy, Inc. today announced that the final voting results from its 2018 Annual Meeting of Stockholders were certified on June 22 by the independent inspector of elections. As a result of the election, and as part of a previously announced settlement agreement with Icahn Capital , the newly constituted SandRidge Board of Directors consists of Robert G. Alexander [...]
Board Expanded to Eight Directors OKLAHOMA CITY, June 19, 2018 /PRNewswire/ -- SandRidge Energy, Inc. today announced that, based on preliminary voting results at today's 2018 Annual Meeting, Sylvia K. Barnes and William M. Griffin have been re-elected and Robert Alexander, Jonathan Christodoro, John J. "Jack" Lipinski, and Randolph C. Read, nominees who were put forth by Icahn Capital , were elected to the SandRidge [...]
Changing Your Votes For Individual Directors Could Have the Unintended Consequence of Handing Control to Icahn OKLAHOMA CITY, June 18, 2018 /PRNewswire/ -- SandRidge Energy, Inc. today issued the following open letter to SandRidge shareholders regarding Carl Icahn's tactics designed to manipulate the voting results in order to gain control of the Board. Dear Fellow SandRidge Shareholders, It has come to our attention that [...]
Confidentiality Agreements Signed with 17 Potential Bidders; Management Presentations Underway; Indications of Interest Due June 25 Turning Board Control Over to Icahn Will Derail Our Process and Jeopardize Your Investment Vote FOR Your Board to Continue the Thorough Strategic Review Process and Plan to Maximize Value OKLAHOMA CITY, June 15, 2018 /PRNewswire/ -- SandRidge Energy, Inc. today issued the following open [...]
Shareholders Encouraged to Vote "FOR" SandRidge's Five Highly-Qualified Directors Plus Just Two Independent Nominees from Icahn on the WHITE SandRidge Universal Proxy Card Today OKLAHOMA CITY, June 6, 2018 /PRNewswire/ -- SandRidge Energy, Inc. today announced that Institutional Shareholder Services Inc. , a leading independent proxy advisory firm, has recommended that SandRidge shareholders vote on the WHITE SandRidge [...]
Highlights Carl Icahn's Poor Energy Track Record and Lack of a Plan for SandRidge Urges Shareholders to Vote "FOR" all Five Highly-Qualified SandRidge Directors Plus Two Independent Nominees from Icahn OKLAHOMA CITY, June 5, 2018 /PRNewswire/ -- SandRidge Energy, Inc. today announced that it has sent a letter to shareholders outlining Icahn Capital's poor track record in the energy industry, lack of a plan and false and [...]
Provides Update on Ongoing Review of Strategic Alternatives Urges Shareholders to Vote "FOR" all Five Highly-Qualified SandRidge Directors Plus Two Independent Nominees from Icahn OKLAHOMA CITY, May 29, 2018 /PRNewswire/ -- SandRidge Energy, Inc. today announced that it has sent a letter to shareholders to provide a status update on the ongoing review of strategic alternatives to maximize shareholder value. The Board [...]
SandRidge Board Strongly Recommends Shareholders Vote "FOR" all Five Highly-Qualified SandRidge Directors Plus Two Independent Nominees from Icahn Capital OKLAHOMA CITY, May 15, 2018 /PRNewswire/ -- SandRidge Energy, Inc. today announced that it has sent a letter to shareholders regarding the Company's 2018 Annual Meeting of Shareholders to be held on June 19, 2018. The Company also announced that it has filed definitive [...]
DALLAS, May 9, 2018 /PRNewswire/ -- Advantage Midstream, LLC, a Dallas-based, independent midstream and gas-to-liquids focused company, today announced the completion of a long-term agreement with Oklahoma City-based SandRidge Energy, Inc. to deliver gas conversion services for acreage in the North Park basin, located in Jackson Country, Colorado. The agreement provides for the delivery of Advantage Midstream's conversion [...]