J.P. Morgan Maintains Neutral Rating On SandRidge Energy (SD)

In a recent report, J.P. Morgan has maintained it's price target of $9.50 and a neutral rating on SandRidge Energy SD due to lower production from weather related issues. In the report, J.P. Morgan said, "EPS and CFPS were a miss due to lower production from severe winter weather-related outages and lower realized pricing. SD maintained 2011 production and capex guidance." SandRidge Energy closed yesterday at $10.67.
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Posted In: Analyst ColorAnalyst RatingsEnergyJ.P. MorganOil & Gas Exploration & ProductionSandRidge Energy
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