Randolph Read - SandRidge Energy Independent Director

SD Stock  USD 10.52  0.45  4.10%   

Director

Mr. Randolph C. Read is the Independent Director of the Company. He was President and Chief Executive Officer of Nevada Strategic Credit Investments, LLC since 2009 and our Director since June 2018. He has also served since then as Chairman of our Audit Committee and a member of our Nominating and Governance Committee as well as on our CEO Search Committee. Mr. Read has served since November 2018 as an independent director and Chairman of the Board of New York REIT Liquidating, LLC, a successor to New York REIT, Inc., a publicly traded real estate investment trust, where Mr. Read served as an independent director from December 2014 to November 2018, including as Chairman of its board of directors from June 2015 to November 2018. Mr. Read served as an independent director of Business Development Corporation of America from December 2014 to June 2018. Mr. Read also served as an independent director of Business Development Corporation of America II from December 2014 until its liquidation and dissolution in December 2015. Mr. Read served as the Chairman of the Board of Directors of Healthcare Trust, Inc., a real estate investment trust, from February 2015 to October 2016. Mr. Read has previously served as President of a variety of other companies, including C S Oil and Gas Company, Inc. He also previously served in various positions at Atlantic Richfield Company. Mr. Read has previously served on a number of public and private company boards since 2018.
Age 67
Tenure 6 years
Professional MarksMBA
Address 1 East Sheridan Ave, Oklahoma City, OK, United States, 73104
Phone405 429 5500
Webhttps://sandridgeenergy.com
Read is admitted as a Certified Public Accountant and has an M.B.A. in Finance from the Wharton Graduate School of the University of Pennsylvania and a B.S. from Tulane University.

SandRidge Energy Management Efficiency

The company has Return on Asset (ROA) of 0.04 % which means that for every $100 of assets, it generated a profit of $0.04. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.103 %, which means that it produced $0.103 on every 100 dollars invested by current stockholders. SandRidge Energy's management efficiency ratios could be used to measure how well SandRidge Energy manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.11. The current year's Return On Capital Employed is expected to grow to 0.13. At present, SandRidge Energy's Net Tangible Assets are projected to decrease significantly based on the last few years of reporting. The current year's Return On Tangible Assets is expected to grow to 0.11, whereas Non Current Assets Total are forecasted to decline to about 281.5 M.
SandRidge Energy reports 862 K of total liabilities with total debt to equity ratio (D/E) of 0.0, which may suggest the company is not taking enough advantage from financial leverage. SandRidge Energy has a current ratio of 3.17, indicating that it is in good position to pay out its debt commitments in time. Note however, debt could still be an excellent tool for SandRidge to invest in growth at high rates of return.

Similar Executives

Showing other executives

DIRECTOR Age

Robert GrabbNorthern Oil Gas
68
Loren LeikerSM Energy Co
66
Larry BickleSM Energy Co
74
Stuart LasherNorthern Oil Gas
60
Ramiro PeruSM Energy Co
65
Steven GrayRange Resources Corp
61
Stephen BrandSM Energy Co
70
Margaret DormanRange Resources Corp
57
Carla BailoSM Energy Co
60
Steffen PalkoRange Resources Corp
69
Brenda ClineRange Resources Corp
60
James FunkRange Resources Corp
71
Jack KingNorthern Oil Gas
68
Michael FrantzNorthern Oil Gas
35
Lisa BromileyNorthern Oil Gas
47
Julio QuintanaSM Energy Co
61
Michael PopejoyNorthern Oil Gas
66
Rose RobesonSM Energy Co
60
Jennifer SamuelsSM Energy Co
N/A
Roy EasleyNorthern Oil Gas
61
SandRidge Energy, Inc. engages in the acquisition, development, and production of oil and natural gas primarily in the United States Mid-Continent. The company was incorporated in 2006 and is headquartered in Oklahoma City, Oklahoma. Sandridge Energy operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 101 people. SandRidge Energy (SD) is traded on New York Stock Exchange in USA. It is located in 1 East Sheridan Ave, Oklahoma City, OK, United States, 73104 and employs 102 people. SandRidge Energy is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

SandRidge Energy Leadership Team

Elected by the shareholders, the SandRidge Energy's board of directors comprises two types of representatives: SandRidge Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SandRidge. The board's role is to monitor SandRidge Energy's management team and ensure that shareholders' interests are well served. SandRidge Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, SandRidge Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Salah Gamoudi, Chief Financial Officer, Senior Vice President, Chief Accounting Officer
Brandon Sr, Senior Officer
John Lipinski, Independent Director
Carl Giesler, President, Chief Executive Officer, Director
Grayson Pranin, President, Chief Executive Officer, Chief Operating Officer
Patricia Agnello, Independent Director
Scott Prestridge, SVP Strategy
John Suter, Chief Operating Officer, Executive Vice President
Michael Johnson, Chief Financial Officer, Senior Vice President, Chief Accounting Officer
Jonathan Christodoro, Independent Director
Johna Robinson, Investor Analyst
Dean Parrish, Senior Operations
Jonathan Frates, Independent Chairman of the Board
Randolph Read, Independent Director

SandRidge Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is SandRidge Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SandRidge Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade SandRidge Stock refer to our How to Trade SandRidge Stock guide.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SandRidge Energy. If investors know SandRidge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SandRidge Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.373
Dividend Share
0.43
Earnings Share
1.26
Revenue Per Share
3.243
Quarterly Revenue Growth
(0.21)
The market value of SandRidge Energy is measured differently than its book value, which is the value of SandRidge that is recorded on the company's balance sheet. Investors also form their own opinion of SandRidge Energy's value that differs from its market value or its book value, called intrinsic value, which is SandRidge Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SandRidge Energy's market value can be influenced by many factors that don't directly affect SandRidge Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SandRidge Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if SandRidge Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SandRidge Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.