SandRidge Energy, Inc. (NYSE:SD) Shares Purchased by Empowered Funds LLC

Empowered Funds LLC boosted its position in shares of SandRidge Energy, Inc. (NYSE:SD) by 5.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 136,679 shares of the oil and natural gas company’s stock after acquiring an additional 6,664 shares during the quarter. Empowered Funds LLC owned about 0.37% of SandRidge Energy worth $1,601,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Klein Pavlis & Peasley Financial Inc. lifted its holdings in shares of SandRidge Energy by 8.9% during the fourth quarter. Klein Pavlis & Peasley Financial Inc. now owns 97,112 shares of the oil and natural gas company’s stock worth $1,137,000 after purchasing an additional 7,947 shares during the period. Exchange Traded Concepts LLC boosted its holdings in shares of SandRidge Energy by 10.6% in the 4th quarter. Exchange Traded Concepts LLC now owns 27,570 shares of the oil and natural gas company’s stock valued at $323,000 after acquiring an additional 2,634 shares during the last quarter. SG Americas Securities LLC increased its stake in shares of SandRidge Energy by 3.0% in the fourth quarter. SG Americas Securities LLC now owns 59,526 shares of the oil and natural gas company’s stock worth $697,000 after acquiring an additional 1,738 shares during the period. Private Client Services LLC raised its holdings in shares of SandRidge Energy by 63.8% during the fourth quarter. Private Client Services LLC now owns 100,456 shares of the oil and natural gas company’s stock worth $1,176,000 after purchasing an additional 39,109 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in SandRidge Energy by 8.6% during the third quarter. JPMorgan Chase & Co. now owns 61,420 shares of the oil and natural gas company’s stock valued at $751,000 after purchasing an additional 4,868 shares during the period. Hedge funds and other institutional investors own 61.84% of the company’s stock.

SandRidge Energy Stock Performance

NYSE:SD opened at $12.16 on Friday. The firm’s fifty day moving average is $11.77 and its two-hundred day moving average is $12.00. The firm has a market cap of $452.29 million, a price-to-earnings ratio of 9.50 and a beta of 2.06. SandRidge Energy, Inc. has a one year low of $10.31 and a one year high of $15.31.

SandRidge Energy Profile

SandRidge Energy, Inc engages in the acquisition, development, and production of oil, natural gas, and natural gas liquids in the United States Mid-Continent. The company was incorporated in 2006 and is headquartered in Oklahoma City, Oklahoma.