SandRidge Energy (SD) is an interesting company that is trading at a significant discount to proved developed PV-10, even if one uses $54 WTI oil instead of 2018 SEC prices. It also doesn't have any long-term debt. However, SandRidge also has some relatively mediocre quality assets with weak economics at current commodity prices. Its most promising asset has decent economics at current commodity prices, but faces potential regulatory threats from Colorado legislation.
Outlook For 2019
SandRidge's 2019 production is expected to be around 32,000 BOEPD (approximately 33% oil). Based on current strip prices