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SD - SandRidge Energy: Now Projected To Generate Over $2 Per Share In Positive 2021 Cash Flow
July, 17 2021 01:51 AM
SandRidge Energy Inc.
CEO Carl Giesler resigned to become CFO of Southwestern Energy. SandRidge appears to be in good shape after cost-cutting efforts and has $56.5 million in net cash. At current strip, it may be able to generate $74 million (a bit over $2 per share) in positive cash flow in 2021. It is uncertain what SandRidge will do with its growing cash balance. For further details see:
SandRidge Energy: Now Projected To Generate Over $2 Per Share In Positive 2021 Cash Flow
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