How to Buy Sandridge Energy Stock
Sandridge Energy Inc
Sandridge Energy is a oil and gas company located in Oklahoma, United States, which is part of the Energy sector, and is traded under the ticker SD on the NYSE exchange.
Sandridge Energy stock last closed at $14.66, down 0.61% from the previous day, and has increased 2.88% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.15 percentage points. Sandridge Energy stock is currently +27.39% from its 52-week low of $11.51, and -17.64% from its 52-week high of $17.80.
As of Apr 24, 2024, there are 37.1M shares of SD outstanding. The market value of SD is $543.90M. In the past 24 hours, 185,023 SD shares were traded.
How to Buy Sandridge Energy Stock
Not sure how to invest in Sandridge Energy stock? Here's how.
- Choose where to buy Sandridge Energy stock: You need to pick an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you decide where to buy Sandridge Energy stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Pick your payment method and add your information.
- Research Sandridge Energy stock: The Sandridge Energy ticker symbol is SD. Is Sandridge Energy stock a good investment? Should you buy shares of SD? How do SD's underlying business fundamentals look? Do top analysts think Sandridge Energy is a good buy? Why has SD's stock price moved recently? (Hint: Our stock research website can help you decide if SD is a good stock to buy).
- Place your SD purchase: Decide if you will purchase SD shares at the current market price or use a limit order to buy SD stock at a specific price.
- Keep an eye on your SD position: Create a watchlist to the latest updates on your new investment in Sandridge Energy stock.
Step 1: Choose where to buy Sandridge Energy stock
You will need an online brokerage account to access the NYSE market and buy SD shares.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best stock brokerage. Here's why:
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Get $10 towards your purchase of stock by signing up for an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal information so you can invest in SD today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to create a new trading account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have created your account on a good online stock trading app, you need to deposit funds:
Watch the video below for more details transferring money into your new investment account.
Step 4: Research Sandridge Energy stock
Once you have selected the best place to buy Sandridge Energy stock, it's crucial to evaluate their stock prior to investing, so you actually wrap your head around the risk and opportunity.
Sandridge Energy Numbers
SD Overview
WallStreetZen was built to help everyday investors perform more accurate fundamental analysis in less time.
You can see all of the due diligence checks on SD's stock page.
What is the fair value of SD stock?
You can use a variety of different financial metrics, analyses, models, and charts to gauge SD's intrinsic value.
Using relative valuations measures:
- SD may be undervalued based on its P/E ratio of 8.88x, relative to Oil & Gas E&P industry P/E ratio of 15.16x
- SD may be undervalued based on its P/B ratio of 1.16x, relative to Oil & Gas E&P industry P/B ratio of 2.15x
You can do more valuation research on SD's stock here.
A quick look at SD Financials
Pros:
- SD has a low debt to equity ratio of 0.23.
- SD's operating cash flow of $115.58M allows it to safely service it's debt of $0.00.
- SD earnings of $64.27M is not enough to cover its interest payments.
- There are more short-term assets than long-term liabilities on the SD balance sheet.
- There are more short-term assets than short-term liabilities on the SD balance sheet.
Cons:
- SD profit margin has gone down from 95.2% to 40.9% in the past year.
- Total SD debt is higher than 5 years ago, relative to shareholder equity.
SD Trading Indicators
Is SD Growing Revenue?
Last year, SD earnings were $60.86M. Over the last two year, SD's earnings have gone up by -28.3% per year. This was slower than the Oil & Gas E&P industry average of 12.87%.
Last year, SD revenue was $148.64M. In the past five year, SD's revenue has increased by -15.71% per year. This was slower than the Oil & Gas E&P industry average of 19.2%.
Learn more about SD's earnings and revenue performance here.
Latest Insiders Trades at SD
In the past 12 months, insiders at SD have sold more shares than they have bought.
Brandon Louis Brown Sr., SVP Chief Financial Officer of SD, was the latest SD insider to sell. They sold $2,473.12 worth of SD shares on Apr 5, 2024.
Learn more about who owns SD shares here.
Does SD provide a stable income stream?
Sandridge Energy pays a dividend of 25.99%, compared to the Oil & Gas E&P industry's average dividend yield of 3.56%. If you owned $1,000 worth of SD stock, you would have received $259.89 in the past year.
Find more analysis about Sandridge Energy dividend yield and history here.
SD Social Trading Data
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your SD purchase
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount, place a limit order.
Hit the Open button and your broker will place your order.
If you want more help buying stocks on eToro, watch the helpful video below:
Step 6: Keep an eye on your SD position
Now that you own some SD stock, you'll want to keep up with your investment.
Add SD to a watchlist to get the latest updates about your SD stock.
SD Feed
How to Buy Stock in Sandridge Energy
To summarize, here are the 6 steps to buy Sandridge Energy stock:
- Choose where to buy Sandridge Energy stock
- Create a brokerage account
- Put funds into your brokerage account
- Research Sandridge Energy stock
- Place your SD purchase
- Keep an eye on your SD position
If you need a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to monitor your new investment in Sandridge Energy, create your watchlist below.
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