SandRidge +3.7% as Jim Cramer says Wall Street hate no longer justified

|About: SandRidge Energy, Inc. (SD)|By:, SA News Editor

SandRidge Energy (SD +3.7%) pushes solidly higher following positive comments last night from Jim Cramer.

"Because SandRidge is so hated by Wall Street, the analysts can't see the incredible turnaround happening in front of their faces," Cramer said, noting that SD has delivered three consecutive quarters where the company beat earnings estimates and raised guidance since James Bennett took over as CEO.

Cramer also likes SD's real estate assets, particularly the Mississippian play, where the company owns 1.8M acres; SD has 10 years worth of drilling inventory, and new technology could extend that to 20 years or more, he says.