SD Stock Summary and Trading Ideas (Sandridge Energy | NYSE:SD)

SandRidge Energy Inc is a United States-based oil and natural gas company. It is engaged in the exploration, development, and production of crude oil, natural gas, and Natural gas liquids. Business activities of the group include Exploration and Production, Drilling and Oil Field Services, and Midstream Gas Services.

Sandridge Energy trades on the NYSE stock market under the symbol SD.

As of November 1, 2024, SD stock price declined to $11.07 with 260,696 million shares trading.

SD has a beta of 0.52, meaning it tends to be less sensitive to market movements. SD has a correlation of 0.04 to the broad based SPY ETF.

SD has a market cap of $411.60 million. This is considered a Small Cap stock.

In the last 3 years, SD traded as high as $29.28 and as low as $9.07.

The top ETF exchange traded funds that SD belongs to (by Net Assets): VTI, IWM, AVUV, VXF, VDE.

SD has underperformed the market in the last year with a price return of -18.0% while the SPY ETF gained +38.2%. SD has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -17.7% and -6.2%, respectively, while the SPY returned +4.0% and -1.9%, respectively.

SD support price is $10.89 and resistance is $11.29 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SD shares will trade within this expected range on the day.