SandRidge Energy Inc. (SDOC) Losses?

Soreide Law Group (888-760-6552) has been contacted by investors due to significant losses in:

SandRidge Energy Inc. (SDOC).

This stock may have been recommended to investors by their broker/dealers or financial advisors as something that would be safe in their low-risk, retirement-oriented portfolios. Yet this high risk energy-related stock has experienced devastating losses.
SDOC 52 week range: 0.03 - 2.53
In the past three months the SDOC has lost 82.93% and in the past six months the shares have dropped 91.05%. On a compounded total return basis, SandRidge Energy has generated a negative return of 71.20% in the past one month. SDOC is trading at a price to cash flow ratio of 0.17 and a price to sales ratio of 0.09.
SandRidge Energy Inc is described as: “an oil and natural gas company, explores for and produces oil and natural gas properties primarily in the Mid-Continent region of the United States. The company operates through three segments: Exploration and Production, Drilling and Oil Field Services, and Midstream Services. The Exploration and Production segment explores for, develops, and produces oil and natural gas properties; and operates wells. The Drilling and Oil Field Services segment engages in the contract drilling of oil and natural gas wells. This segment also offers oil field services, such as providing pulling units, trucking, rental tools, location, and road construction and roustabout services. The Midstream Services segment purchases, gathers, treats, and sells natural gas. As of December 31, 2014, it had 4,486 gross producing wells; approximately 2,176,000 gross total acres under lease; and 35 rigs drilling in the Mid-Continent, as well as estimated proved reserves were 515.9 million barrels of oil equivalent. The company is headquartered in Oklahoma City, Oklahoma.”

If you have had significant losses in SandRidge Energy Inc. (SDOC) due to the recommendations of your broker/dealer, call Soreide Law Group for a no-cost consultation regarding the possibility of recovering your investment losses at: 888-760-6552.