SandRidge Energy, Inc., an energy company, engages in the exploration, development, and production of crude oil, natural gas, and natural gas liquids primarily in the area of Mid-Continent in Oklahoma and Kansas. The company is based in Oklahoma City, Oklahoma.
SD Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for SD, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Sandridge Energy Inc ranked in the 79th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of Sandridge Energy Inc, consider:
As a business, SD is generating more cash flow than just 14.63% of positive cash flow stocks in the Energy.
The business' balance sheet reveals debt to be 7% of the company's capital (with equity being the remaining amount). Approximately only 20.79% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
Sandridge Energy Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -193.19. This coverage rate is greater than that of only 1.32% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Sandridge Energy Inc? See SOI, TRMD, BKEP, BSM, and GLP.
OKLAHOMA CITY, Dec. 14, 2020 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company" or "SandRidge") (NYSE:SD) today announced that it has entered into a definitive agreement for the sale of its North Park Basin assets ("NPB"). The consideration is $47 million in cash subject to customary…
SandRidge Energy Inc. (NYSE:SD)’s stock price rose 9.1% during trading on Friday . The stock traded as high as $2.02 and last traded at $1.91. Approximately 10,505 shares were traded during trading, a decline of 98% from the average daily volume of 458,837 shares. The stock had previously closed at $1.75. Separately, ValuEngine downgraded shares […]