Is SandRidge Energy Still a Buy?
Dec 7th 2012 7:00PM
Updated Dec 7th 2012 7:08PM
In this video, energy analyst Joel South discusses SandRidge Energy and explains why the company is still worth purchasing after its 20% run up this past week. Besides two of the company's largest shareholders actively lobbying for an outright sale, shareholders could also realize solid capital gains if SandRidge strategically deployed its capital. With a net asset value of $16 billion and currently trading at 1.3 times book value, SandRidge still offers shareholders an incredible value. If you have the stomach to brave the inherent volatility in this small-cap E&P, don't be afraid to pull the trigger after this week's gains.
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The article Is SandRidge Energy Still a Buy? originally appeared on Fool.com.Joel South owns shares of SandRidge Energy. The Motley Fool owns shares of Apache. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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