SandRidge Energy Inc. (SD), Nuverra Environmental Solutions Inc (NES): Three Stocks I’m Watching Closely This Earnings Season

I’ll not only be interested to see what management has to say about its first quarter, which ended in March, but also what it has to say about the just ended June quarter. The key areas to watch are the company’s liquidity as well as an update on its Utica drilling program. While the sale of its Eagle Ford acreage added to the company’s financial flexibility, there isn’t a whole lot of wiggle room looking ahead to next year. That’s why it will be important to see if the company has made any progress on its non-core asset sales. Execution on those asset sales, as well as on the Utica, is key for investors if the company is to deliver solid gains in the years ahead.

Final Foolish thoughts
I’m most interested to hear what the new management team at SandRidge Energy Inc. (NYSE:SD) has to say. The company has vast potential and its trading at a real discount to that potential. The problem is that the company’s checkered past seems to be clouding its future potential.

The article 3 Stocks I’m Watching Closely This Earnings Season originally appeared on Fool.com and is written by Matt DiLallo.

Fool contributor Matt DiLallo owns shares of SandRidge Energy and Nuverra Environmental Solutions, and has the following options: Short Sep 2013 $5 Puts on SandRidge Energy. The Motley Fool owns shares of Nuverra Environmental Solutions and has the following options: Long Jan 2014 $4 Calls on Nuverra Environmental Solutions and Short Jan 2014 $3 Puts on Nuverra Environmental Solutions.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.