SandRidge Energy raised its 2024 production guidance to 5.4-6.4 MMBoe from 4.7-5.9 MMBoe. Total liqids production guidance was raised to 2.4-3.0 MMBoe from 2.0-2.6 MMBoe. The company also raised its 2024 CapEx view to $33M-$39M from $8M-$11M.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SD:
- SANDRIDGE ENERGY, INC. ANNOUNCES FINANCIAL AND OPERATING RESULTS FOR THE THREE AND SIX-MONTH PERIODS ENDED JUNE 30, 2024 AND DECLARES $0.11 PER SHARE CASH DIVIDEND
- SandRidge Energy Bolsters Portfolio with Strategic Acquisition
- SandRidge Energy signs definitive agreement for acquisition in Anadarko Basin
- SANDRIDGE ENERGY, INC. ANNOUNCES ENTRY INTO DEFINITIVE AGREEMENT TO ACQUIRE ASSETS IN THE WESTERN ANADARKO BASIN AND ENTRY INTO JOINT DEVELOPMENT AGREEMENT