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 $16.33, down 2.51% from the previous day, and has increased 53.77% in one year. It has overperformed other stocks in the Oil & Gas E&P industry by 0.06 percentage points. Sandridge Energy stock is currently +49.68% from its 52-week low of $10.91, and -44.23% from its 52-week high of $29.28.
As of Jan 27, 2023, there are 36.87M shares of SD outstanding. The market value of SD is $602.05M. In the past 24 hours, 419,931 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:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
- Access to world financial markets: From Technology to Industrials, New York to Tokyo — you can fill your portfolio with stocks from the globe's leading exchanges.
- Social investing: eToro boasts a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
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.
- Input your personal info to create a new trading account.
- Submit your details by clicking the "Create Account" button.
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 3.45x, relative to Oil & Gas E&P industry P/E ratio of 8.18x
- SD may be undervalued based on its P/B ratio of 1.57x, relative to Oil & Gas E&P industry P/B ratio of 2.45x
- SD may be undervalued based on its PEG ratio of 0.04x
You can do more valuation analysis on SD's stock here.
SD Financial Health Summary
Pros:
- SD's operating cash flow of $178.58M allows it to safely service it's debt of $0.00.
- SD earnings of $173.99M is not enough to cover its interest payments.
- SD has a low debt to equity ratio of 0.31.
- There are more short-term assets than short-term liabilities on the SD balance sheet.
- SD profit margin has gone up from 55.1% to 68.8% in the past year.
- There are more short-term assets than long-term liabilities on the SD balance sheet.
- Total SD debt is lower than 5 years ago, relative to shareholder equity.
SD Technicals
SD Revenue
Last year, SD earnings were $173.79M. Over the last 1 years, SD's earnings have grown by 114.48% per year. This was faster than the Oil & Gas E&P industry average of 114.33%.
Last year, SD revenue was $252.63M. In the last five year, SD's revenue has grown by -6.97% per year. This was slower than the Oil & Gas E&P industry average of 27.23%.
Learn more about SD's earnings and revenue performance here.
Are SD insiders buying or selling the stock?
In the past 12 months, executives and large shareholders at SD have sold more shares than they have bought.
Nancy Martori Dunlap, Director of SD, was the latest SD insider to buy. They bought $48,907.40 worth of SD stock on Oct 5, 2022.
Get more info about who owns SD stock here.
Does SD provide a stable income stream?
No, Sandridge Energy doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your SD purchase
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact price, place a limit order.
Hit the Open button and your broker will place the order.
If you want more help with buying stocks on eToro, watch the how to video below:
Step 6: Keep an eye on your SD position
Now that you own some shares in SD, you'll want to stay up-to-date on your shares.
Put SD on 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 require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep track of your new investment in Sandridge Energy, create your watchlist below.
Other Stock Buying Guides You May Find Useful
FAQ
Company
AboutBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.