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Henrique Simoes
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  • SandRidge Energy (SD) May Be One Of The Land Drillers To Benefit From The Spill 0 comments
    Jun 1, 2010 6:25 AM | about stocks: SD, ARD

    Land drillers will benefit from the fund managers low risk appetite for off-shore drillers and may see a good flow of funds over the next few days/weeks. SandRidge Energy (NYSE:SD) has been rallying over the last few trading sessions and there is some more upside to it.

    Remember that we play it (on Oil Trader`s Blog) a few months ago when it was trading around 8 dollars a share. Its CEO, Tom Ward, has been trying to balance the company between oil and natural gas and they recently acquired Arena Resources (ARD). Maybe SandRidge Energy (SD) will have its day in the sun after this disaster.

    Disclosure: Long SD

    Disclosure: long SD

    Stocks: SD, ARD
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