SandRidge Energy Inc. (SD) fell below the New York Stock Exchange (NYSE) continued listing requirement for the average closing price, the company said July 27. The average closing price is above $1 per share calculated over one month, the company added.
SandRidge will consider a reverse stock split or other alternatives to return to the listing requirement compliance. The common shares will continue to trade on NYSE, subject to compliance with other listing requirements.
Oklahoma City-based SandRidge Energy Inc. explores and produces domestic natural gas and oil.
Recommended Reading
MethaneSAT: EDF’s Eye in the Sky Targets E&P Emissions
2024-03-07 - The Environmental Defense Fund and Harvard University recently launched MethaneSAT, a satellite tracking methane emissions. The project’s primary target: oil and gas operators.
Exclusive: Scepter CEO: Methane Emissions Detection Saves on Cost
2024-04-08 - Methane emissions detection saves on cost and "can pay for itself," Scepter CEO Phillip Father says in this Hart Energy exclusive interview.
CAPP Forecasts $40.6B in Canadian Upstream Capex in 2024
2024-02-27 - The number is slightly over the estimated 2023 capex spend; CAPP cites uncertain emissions policy as a factor in investment decisions.
Air Liquide to Add CO2 Recycling at Plant in Germany
2024-02-08 - In a supply agreement, Air Liquide and Dow plan to add a new CO2 recycling solution to two air separation units and one partial oxidation plant.
1 Fatality in Equinor Helicopter Training Accident Offshore Norway
2024-02-29 - Equinor employee died following the helicopter accident, the cause of which has not been reported.