SandRidge Energy, Inc. (NYSE:SD) is looking for M&A. Grayson Pranin, CEO said, "Please note that the company's cash position is also a strategic advantage and provides competitive leverage in evaluating M&A opportunities, especially given the outlook on interest rates, capital markets and impact to the optionality on the number and types of opportunities that could become available at certain levels. Note that there is a high bar at both the management and board levels for mergers and acquisitions. Management will continue to assess and promote regular way return of capital discussions, advanced M&A evaluations, meet with shareholders and investors and work with our Board to further enhance paths to maximize shareholder value".
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Apr. 04 | Sector Update: Energy Stocks Decline Pre-Bell Thursday | MT |
Apr. 03 | SandRidge Energy Names Dean Parrish as Chief Operating Officer | MT |
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