SandRidge Energy: Stronger Natural Gas Prices In 2025 Helps Fund Development
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SandRidge Energy plans to increase its capital expenditure to $75 million in 2025, up from $27 million in 2024, to boost oil production. The company is expected to generate $28 million in free cash flow at current natural gas prices.
March 14, 2025 | 4:30 pm
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SandRidge Energy is increasing its capital expenditure significantly in 2025 to enhance oil production, supported by stronger natural gas prices. This move is expected to result in $28 million in free cash flow.
The increase in capital expenditure indicates a strategic move to capitalize on stronger natural gas prices, which should enhance production and cash flow. This is likely to positively impact SandRidge's stock price in the short term.
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