Management and their senior Creditors didn't wake up the morning of May 16th and say to themselves 'we're in deep trouble here we gotta file BK'. This was planned far in advance...the acquisition...all of it...but make no mistake we wouldn't be talking about this had oil stayed at $100 @ bbl...and for that SD management cannot be held responsible.
Sub-$50 oil changed everything.
Could the actions of management be viewed as slimy? yes...and no.
In the end was it fair to some of these small shareholders? No...but they always under-estimate what it means when a pre-pack is filed...and they cannot be convinced otherwise until they wake up one morning and see that their shares are all gone. Its a tough way to be school'd on BK. I feel for those guys.
"If you think little of what God has done for you, you will do very little for him; but if you have a great notion of his great mercy to you, you will be greatly grateful to your gracious God." ~~ Charles Spurgeon
Recent SD News
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 09/13/2024 09:09:14 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/03/2024 12:45:25 PM
- SANDRIDGE ENERGY, INC. ANNOUNCES CLOSING OF WESTERN ANADARKO BASIN ACQUISITION AND UPDATES FULL-YEAR 2024 GUIDANCE • PR Newswire (US) • 09/03/2024 12:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/29/2024 08:48:08 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/08/2024 09:18:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/07/2024 09:05:53 PM
- SANDRIDGE ENERGY, INC. ANNOUNCES FINANCIAL AND OPERATING RESULTS FOR THE THREE AND SIX-MONTH PERIODS ENDED JUNE 30, 2024 AND DECLARES $0.11 PER SHARE CASH DIVIDEND • PR Newswire (US) • 08/07/2024 08:28:00 PM
- SANDRIDGE ENERGY, INC. ANNOUNCES SECOND QUARTER 2024 OPERATIONAL AND FINANCIAL RESULTS RELEASE DATE AND CONFERENCE CALL INFORMATION • PR Newswire (US) • 08/06/2024 11:47:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/29/2024 08:50:32 PM
- SANDRIDGE ENERGY, INC. ANNOUNCES ENTRY INTO DEFINITIVE AGREEMENT TO ACQUIRE ASSETS IN THE WESTERN ANADARKO BASIN AND ENTRY INTO JOINT DEVELOPMENT AGREEMENT • PR Newswire (US) • 07/29/2024 08:20:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/14/2024 08:52:59 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/14/2024 08:49:17 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/14/2024 08:43:05 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/14/2024 08:35:21 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/13/2024 08:01:54 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/21/2024 11:41:09 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/21/2024 11:32:55 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/21/2024 11:29:34 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 05/10/2024 08:10:28 PM
- Form ARS - Annual Report to Security Holders • Edgar (US Regulatory) • 05/10/2024 08:03:54 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/08/2024 09:12:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/07/2024 09:19:31 PM
- SANDRIDGE ENERGY, INC. ANNOUNCES FINANCIAL AND OPERATING RESULTS FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2024 AND DECLARES $0.11 PER SHARE CASH DIVIDEND • PR Newswire (US) • 05/07/2024 08:16:00 PM
- SANDRIDGE ENERGY, INC. ANNOUNCES FIRST QUARTER 2024 OPERATIONAL AND FINANCIAL RESULTS RELEASE DATE AND CONFERENCE CALL INFORMATION • PR Newswire (US) • 05/06/2024 12:30:00 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 05/06/2024 10:09:18 AM
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