Thread regarding SandRidge Energy Inc. layoffs

Market Cap

Just so you know at $0.30 you are worth $156MM. This is roughly 1/20th the cap ex budget for some companies for one play in their portfolio during a depressed oil price environment. A division of a mid sized company could buy you. Do you all understand now. Stop drinking the coolaid...no one is buying you. Clean your office out and put your feet up. There are no layoffs coming for you....just locked doors and confused looks.

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| 892 views | | 3 replies (last September 28, 2015) | Reply
Post ID: @OP+DDbVJUW

3 replies (most recent on top)

I didn't know debt was worth something

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Post ID: @4ZyV+DDbVJUW

Yeah but if you add back the debt they have a huge enterprise value.

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Post ID: @1oFs+DDbVJUW

Ha...true

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Post ID: @8Io+DDbVJUW

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