Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

SandRidge Energy Inc. (SD): Is This Stock a Good $5 Buy?

TPG-Axon won its bid to overhaul SandRidge Energy Inc. (NYSE:SD)‘s board of directors; however, the company continues to fall, currently sitting around 52-week lows.

With the stock trading below $5 per share, SandRidge Energy Inc. (NYSE:SD) presents an attractive value proposition. With 1.85 million net acres in the Mississippian Lime, in addition to 32 thousand barrels of oil equivalent per day production in the Gulf of Mexico, SandRidge Energy Inc. (NYSE:SD) is trading significantly below its net asset value. In addition, the company has its capital expenditures covered for the next year after unloading interests in the Permian Basin for $2.6 billion. Check out the video below for more information on SandRidge Energy Inc. (NYSE:SD).

Joel South owns shares of SandRidge Energy. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool has the following options: Long Jan 2014 $20 Calls on Chesapeake Energy, Long Jan 2014 $30 Calls on Chesapeake Energy, and Short Jan 2014 $15 Puts on Chesapeake Energy.

Related tickers: SandRidge Energy (NYSE:SD)

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.