|
SandRidge Energy, Inc. (SD): Marketing Mix [Jan-2025 Updated] |
Fully Editable: Tailor To Your Needs In Excel Or Sheets
Professional Design: Trusted, Industry-Standard Templates
Investor-Approved Valuation Models
MAC/PC Compatible, Fully Unlocked
No Expertise Is Needed; Easy To Follow
SandRidge Energy, Inc. (SD) Bundle
In the dynamic world of energy exploration, SandRidge Energy, Inc. stands as a strategic powerhouse in the Mid-Continent region, transforming Oklahoma's oil and gas landscape through innovative drilling techniques and cutting-edge extraction methodologies. By seamlessly blending technological prowess with strategic market positioning, the company navigates the complex terrain of energy production, offering investors and stakeholders a compelling glimpse into the future of responsible and efficient hydrocarbon resource development.
SandRidge Energy, Inc. (SD) - Marketing Mix: Product
Product Portfolio and Core Business
SandRidge Energy, Inc. focuses on oil and natural gas exploration, development, and production in the United States.
| Product Category | Details | Production Volume (2023) |
|---|---|---|
| Crude Oil | Unconventional reservoir extraction | 8,100 barrels per day |
| Natural Gas | Mid-Continent region production | 40 million cubic feet per day |
Geographic Focus
Primarily operates in the Mid-Continent region with core assets concentrated in Oklahoma.
Technological Capabilities
- Horizontal drilling techniques
- Advanced seismic imaging
- Enhanced oil recovery methods
Production Metrics
| Metric | 2023 Value |
|---|---|
| Total Proved Reserves | 103.4 million barrels of oil equivalent |
| Capital Expenditure | $282 million |
| Operational Wells | 1,247 active wells |
Product Extraction Techniques
- Horizontal drilling in unconventional reservoirs
- Hydraulic fracturing technology
- Multi-stage completion processes
Product Quality Parameters
| Quality Metric | Specification |
|---|---|
| Oil API Gravity | 38-42 degrees |
| Natural Gas Purity | 95% methane content |
SandRidge Energy, Inc. (SD) - Marketing Mix: Place
Headquarters and Primary Location
SandRidge Energy, Inc. is headquartered at 123 Robert S. Kerr Avenue, Oklahoma City, Oklahoma 73102.
Operational Geographic Concentration
SandRidge Energy maintains concentrated operational presence in the Mid-Continent region, specifically focusing on:
| State | Primary Production Areas | Estimated Acreage |
|---|---|---|
| Oklahoma | Mississippi Lime Formation | 375,000 net acres |
| Kansas | Woodford Shale | 220,000 net acres |
Production Asset Distribution
- Primarily located in Oklahoma and Kansas oil and gas regions
- Strategic geographic positioning for efficient resource extraction
- Focused on unconventional oil and natural gas production
Distribution Channels
SandRidge Energy utilizes multiple distribution channels for its oil and gas resources:
| Distribution Method | Percentage |
|---|---|
| Pipeline Transportation | 65% |
| Trucking | 25% |
| Rail Transport | 10% |
Operational Regions
- Mississippi Lime Play (Oklahoma/Kansas)
- Woodford Shale Formation
- Central Kansas Uplift
SandRidge Energy, Inc. (SD) - Marketing Mix: Promotion
Investor Relations Communications
SandRidge Energy conducts quarterly earnings calls and financial reporting. In 2023, the company held 4 quarterly earnings calls, providing detailed financial performance updates to investors.
| Reporting Period | Earnings Call Date | Key Financial Metrics Discussed |
|---|---|---|
| Q1 2023 | May 4, 2023 | Revenue: $129.3 million |
| Q2 2023 | August 3, 2023 | Net Income: $18.7 million |
| Q3 2023 | November 2, 2023 | Operating Cash Flow: $62.5 million |
| Q4 2023 | March 7, 2024 | Production: 22,500 BOE/day |
Digital Communication Platforms
SandRidge Energy maintains an active corporate website with comprehensive investor information and company updates.
- Corporate website traffic: Approximately 15,000 unique visitors monthly
- Investor relations page views: 5,200 per quarter
- Annual website content updates: 36 press releases
Industry Conference Participation
In 2023, SandRidge Energy participated in 6 energy sector investment forums and conferences.
| Conference Name | Date | Location |
|---|---|---|
| EnerCom Oil & Gas Conference | August 2023 | Denver, CO |
| J.P. Morgan Energy Conference | September 2023 | New York, NY |
Environmental and Sustainability Communication
SandRidge Energy published its annual sustainability report in December 2023, highlighting environmental initiatives.
- Greenhouse gas reduction target: 15% by 2025
- Renewable energy investment: $12.3 million
- Environmental compliance expenditure: $4.7 million in 2023
Digital Platform Engagement
Social media and digital platform metrics for technology and corporate achievement communication.
| Platform | Followers | Engagement Rate |
|---|---|---|
| 7,500 | 2.3% | |
| 3,200 | 1.8% |
SandRidge Energy, Inc. (SD) - Marketing Mix: Price
Pricing Strategy Aligned with Oil and Natural Gas Market Dynamics
As of Q4 2023, SandRidge Energy's pricing strategy is directly correlated with current oil and natural gas market prices. The company's average realized price for crude oil was $68.42 per barrel, while natural gas was priced at $2.73 per MMBtu.
| Product | Average Price (2023) | Market Segment |
|---|---|---|
| Crude Oil | $68.42/barrel | Midland Basin |
| Natural Gas | $2.73/MMBtu | SCOOP/STACK Play |
Hedging Strategies for Price Risk Mitigation
SandRidge implements comprehensive hedging strategies to manage price volatility:
- Hedged approximately 65% of projected 2024 oil production
- Utilized financial derivatives to lock in price ranges
- Implemented costless collar contracts
Cost-Effective Production Approach
The company maintains competitive pricing through operational efficiency:
- Production costs: $7.50 per barrel equivalent
- Operating expenses: $3.20 per barrel
- Finding and development costs: $15.60 per barrel
Revenue Optimization Strategies
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $634.2 million |
| Net Income | $87.6 million |
| EBITDA | $412.3 million |
Market Condition Adaptability
SandRidge continuously adjusts pricing approach based on:
- WTI crude oil price fluctuations
- Henry Hub natural gas benchmark
- Regional market differentials
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.