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AH on 08/09 is what it says in Robinhood, fwiw
When's the next report due? That should propel SD.
Exactly.
Pressure is building
Wow another big move up today in NG. I can't see why this stock is down today haha.
NG @ $8.32
Massive breakout should be coming
I knew I should have loaded the boat with commons in the 14's!
Up over $1.25 in a week..https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169411468
Not sure but think if NG can break $10 SD will go bonkers
Wonder how it breaks down for SD? Like for every dollar NG goes up an extra $10 mil for SD?
Great point.
I think we see the 20's again soon.
Can't believe with NG/OIL so high and SD so low and sitting on hundreds of millions in cash that a buyer, like Ichan, doesn't scoop em up. https://www.theinvestorspodcast.com/billionaires-secrets-to-success/carl-icahn-net-worth/
NG @ $7.95
Right on cue
Yeah hope to see $18 soon.
Nat gas making a big jump today &7.887
We haven't zoomed up, but at least we've temporarily stopped going down! lol
2% up days are better than 10% down days
Sure thing. I might be taking an overly simplistic view of things, but I think the warrants will "live or die" by the NG prices.
Last run and pullback was perfectly in-synch with NG. So I figure it could happen again.
We saw the price of the commons move in multiple dollars per day.
So there's still time for a run at $40 imo.
Just needs to get started real soon!
NG @ $7.32
Appreciate the NG updates, thanks
Hey SP.
I think NG is headed north of $10
Winter will be here before we know it.
NG now at $7.123 big jump today. I hope it goes to $8.00 and beyond
Great post.
Crazy times we live in
The truth about oil...https://thehayride.com/2022/04/viral-the-facts-about-oil/
Impressed again with the way energy stocks are holding up in light of pretty darn bad news. Feeling more confident that we have bottomed. But that's just a guess and could easily be wrong. If we're headed for a massive, serious recession, it's worth remembering that in 2008, oil went down from $140 to $40 in about six months, and natgas went from $13.35 to under $3. They didn't ring a bell at the top then either, so who knows.
But in retrospect, it all kind of makes sense to me. (That doesn't mean any of what I'm about to say is correct, but just this is what makes sense to me.) Govts around the globe in a complete act of stupidity abandoned free markets and individual rights and did something never tried before: shut everything down (as if it can just be restarted with the flip of a switch), lock people in their houses, and started printing up money (inflation) to give to people. Oil and gas stocks started moving up, knowing that big price increases and earnings were coming. This went on for a while. Then a little over a month ago, the markets in oil and gas stocks started moving down in anticipation of a recession/slowdown/depression, take your pick. The market is forward looking and was saying that Interest rate increases and demand destruction will ultimately kick in at some point.
But again because markets are forward-looking, they know that prices of energy and nearly all commodities have come down a lot now, so the next CPI number will likely not be as bad, and thus interest rates increases may be nearing an end, and a certain amount of additional demand comes back from all prices declining. So it seems like the market action of energy stocks is saying we are bottoming. But my guess would be that we'll be range-bound for a while. If prices start rocketing back up, then we run into the same problems, so I think we sort of bounce around for awhile.
If the govt doesn't shut down LNG facilities, it seems like natgas has the high-priced European markets to sell to, so hopefully natgas could decline less than oil. But even there, Germany in particular is now returning to burning wood and coal because of stupid govt allegiance to a nonsense green agenda, so there will be some demand destruction there as well as the natgas prices are insane. Germany (who is in its mess for trying to rely on wind and solar) might have a Depression-level event, who knows.
Hopefully not as bad in the US, but anything's possible, as we've just witnessed.
NG @ $6.82 but the commons just hit $14.97
This makes no sense.
Especially with a monster earnings report coming in a few weeks.
I think a big run is coming soon.
ESPECIALLY if NG moves back above $7
NG has been up since the Oneok explosion.
Currently @ $6.68
https://www.zerohedge.com/commodities/explosion-rocks-oklahoma-natural-gas-plant
When the Freeport explosion happened, there was a small move down followed by a much greater move lower a few weeks later.
I'm kinda wondering if we might see the reverse of that on the heels of Oneok.
Impressed by the way energy stocks reacted to the inflation news today. Feeling more comfortable that 14 was the low for SD, or pretty close to it. I'd be really surprised if we just rocketed back up though. My guess is that if we start going back up again, it will be a slow ascent.
First thing, gotta break the highs of 16.67 from a few days ago.
The "experts" keep predicting sky high oil and natgas prices, but the markets keep telling a different story. Energy stocks seem to lead the way down, then the commodity prices follow.
NG up .27 to $6.34
Good question.
This looks like it will hurt the distribution of NG
So prices wouid rise?
Oops, meant Freeport.
Will this make NG go up or as in the case of Newport go down? https://www.zerohedge.com/commodities/explosion-rocks-oklahoma-natural-gas-plant
I still find the Freeport shutdown for such an extended period of time to be very suspicious. Basically, a single valve went bad. Replace it, and get things started again. But instead, the govt is insisting on a bunch of other bureaucratic things be done. Bury them in bureaucracy.
Gotta wonder if this isn't being done for political reasons, where the govt picks winners and losers to make up for their failed energy policy. The administration and those in the EPA are basically all socialist and wokesters, so they believe the govt owns the means of production and they see nothing wrong with this. They are not capitalists and they don't believe in free markets, so if companies go bankrupt, who cares?
Preventing LNG exports would keep natgas prices low here in the U.S. and bankrupt LNG facilities.
They may be trying to close down Cheniere's LNG facility too. If this happens, this could send natgas prices plummeting here in the U.S. The administration would get to claim they "solved" the problem of higher electricity prices. Plus, they're saving the environment! :
https://gaatimes.com/exclusive-top-u-s-lng-producer-cheniere-asks-biden-admin-to-drop-pollution-rule/
Regarding the lawsuit....that pays shareholders who lost from 10 years ago. I'm one of those. I wonder what the exact payout will be and when. Having a hard time understanding the legal language lol
Yeah, I'm baffled as well.
I don't know if the whole sector will turn around, but it seems like SD should rise - BIGTIME.
The next earnings report is coming in about a month and it should be amazing.
So I think another run is coming (which is why I still hold such a large number of warrants).
I want to see the report and the price of the commons at that time.
Hope floats.
The markets feel so rigged these days, almost makes you wonder if someone knew this was coming:
https://menafn.com/1104489837/2-Dead-3-Injured-In-Explosion-At-Kazakhstans-Largest-Oil-Field
It's amazing how unusual it feels to get just a one-day rally lol. I mean, the share price is only two dollars off the low of the collapse, but it just seems so foreign to see ANY move up. This ties SD's biggest rally of the collapse.
I've personally never seen anything like it. Every coal, gas, oil stock just absolutely pummelled in such a short period of time. Was it just groupthink, or did a fund blow up and it's now over, or is it the hot money crowd leaving abruptly? Or might we turn right around and start heading back down in a few days? Beats me.
Is that crazy or what?
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SandRidge Energy, Inc. (NYSE: SD) is an independent oil and gas company engaged in the development and acquisition of oil and gas properties. Its primary areas of operation are the Mid-Continent in Oklahoma and Kansas.
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