AMPY - SandRidge Does It Again: Buys A Small Royalty Unhedged Exposure To Rising Prices Unclear Strategy
- SandRidge buys another royalty at a low price.
- Go forward strategy still not clearly communicated.
- Limited market response despite accretion.
- Q1 could be better than peers due to no hedges and higher commodity prices.
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SandRidge Does It Again: Buys A Small Royalty, Unhedged Exposure To Rising Prices, Unclear Strategy