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Stock Market & Financial Investment News

News Breaks
November 30, 2012
16:22 EDTSDTPG-Axon reports 6.5% stake in SandRidge Energy, urges sale or restructuring
TPG-Axon disclosed in a filing that it holds a 6.5% stake in Sandridge Energy, including shares of common stock underlying swap agreements. In a letter to the company's board, TPG-Axon said, "[we have] heightened concern with the inability of the Issuer's management team to restore stockholder value and focusing on management's continued overspending, self-dealing and incoherent corporate strategy. The letter set forth [our] belief that, as a result of the foregoing concerns, a sale or dramatic simplification and restructuring of the Issuer are the only two viable options at this time." TPG-Axon also said in its letter that it seeks to replace the company's incumbent directors and de-stagger the board.
News For SD From The Last 14 Days
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February 26, 2015
18:43 EDTSDOn The Fly: After Hours Movers
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16:27 EDTSDSandRidge Energy sees FY15 production 28-30.5Mmboe
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16:25 EDTSDSandRidge Energy reports Q4 EPS 8c, consensus 0.0c
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February 19, 2015
04:46 EDTSDStocks with implied volatility movement; GDP SD
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February 17, 2015
16:28 EDTSDSandRidge Energy appoints Steve Turk as COO
SandRidge Energy announced the appointment of Steve Turk to the role of Executive Vice President and COO effective March 2. Turk comes to SandRidge with more than 30 years of experience in the exploration and production industry, at both private and publicly held companies, including having most recently served as COO at HighMount Exploration & Production.

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