Headlines focused on SandRidge (SD) management have missed a more fundamental issue which may...

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

Headlines focused on SandRidge (SD) management have missed a more fundamental issue which may lead to further share weakness, Josh Young writes: Well performance is much worse than expected. Permian Trust (PER) results were so bad that cash was pulled from subordinated unit distributions to fund minimum common unit distributions, which means SD's interest in the asset is generating less cash flow than expected.