beneficiery of the lighter end of the NGL barrel
2 times cash flow
Billion dollar infrastructure asset ( possible to drill on lots of land if price stays around these levels)
Margin is good at these prices
keep eye on service costs
needs $4 gas
SandRidge plans to cut total output further to between 4.8 million boe and 6.2 million boe
2 times cash flow
Billion dollar infrastructure asset ( possible to drill on lots of land if price stays around these levels)
Margin is good at these prices
keep eye on service costs
needs $4 gas
SandRidge plans to cut total output further to between 4.8 million boe and 6.2 million boe