Tearsheet

SandRidge Energy (SD)


Market Price (5/12/2026): $15.15 | Market Cap: $557.1 Mil
Sector: Energy | Industry: Oil & Gas Exploration & Production

SandRidge Energy (SD)


Market Price (5/12/2026): $15.15
Market Cap: $557.1 Mil
Sector: Energy
Industry: Oil & Gas Exploration & Production

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 16%, Dividend Yield is 2.8%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 12%

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -18%

Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 19%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 61%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 16%

Low stock price volatility
Vol 12M is 36%

Megatrend and thematic drivers
Megatrends include US Energy Independence. Themes include US Oilfield Technologies.

Weak multi-year price returns
2Y Excs Rtn is -26%, 3Y Excs Rtn is -23%

Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -7.7%

Key risks
SD key risks include [1] a potential for financial distress, Show more.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 16%, Dividend Yield is 2.8%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 12%
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -18%
2 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 19%
3 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 61%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 16%
4 Low stock price volatility
Vol 12M is 36%
5 Megatrend and thematic drivers
Megatrends include US Energy Independence. Themes include US Oilfield Technologies.
6 Weak multi-year price returns
2Y Excs Rtn is -26%, 3Y Excs Rtn is -23%
7 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -7.7%
8 Key risks
SD key risks include [1] a potential for financial distress, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

SandRidge Energy (SD) stock has lost about 5% since 1/31/2026 because of the following key factors:

1. SandRidge Energy's Q4 2025 earnings and revenue missed analyst expectations. The company reported Q4 2025 earnings per share (EPS) of $0.34 on March 4, 2026, falling short of the consensus estimate of $0.37 by $0.03. Additionally, quarterly revenue came in at $39.40 million, which was below analysts' expectations of $43.70 million. This earnings and revenue miss likely contributed to negative investor sentiment.

2. Analysts issued downgrades and set bearish price targets for the stock. Between March 7 and March 10, 2026, several firms adjusted their ratings for SandRidge Energy. Wall Street Zen downgraded the stock from "buy" to "hold," and Freedom Capital cut its rating from "strong-buy" to "strong sell." As of May 1, 2026, analysts had a bearish consensus with a median price target of $15.00, implying a -3.5% downside from the then-current trading price of $15.55, and an overall "Sell" rating.

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Stock Movement Drivers

Fundamental Drivers

The -3.8% change in SD stock from 1/31/2026 to 5/11/2026 was primarily driven by a -15.9% change in the company's P/E Multiple.
(LTM values as of)13120265112026Change
Stock Price ($)15.7415.14-3.8%
Change Contribution By: 
Total Revenues ($ Mil)1561644.9%
Net Income Margin (%)42.4%46.4%9.3%
P/E Multiple8.77.3-15.9%
Shares Outstanding (Mil)3737-0.3%
Cumulative Contribution-3.8%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 5/11/2026
ReturnCorrelation
SD-3.8% 
Market (SPY)3.6%-21.8%
Sector (XLE)12.7%64.4%

Fundamental Drivers

The 29.1% change in SD stock from 10/31/2025 to 5/11/2026 was primarily driven by a 29.3% change in the company's P/E Multiple.
(LTM values as of)103120255112026Change
Stock Price ($)11.7215.1429.1%
Change Contribution By: 
Total Revenues ($ Mil)14616411.9%
Net Income Margin (%)51.8%46.4%-10.4%
P/E Multiple5.77.329.3%
Shares Outstanding (Mil)3737-0.3%
Cumulative Contribution29.1%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 5/11/2026
ReturnCorrelation
SD29.1% 
Market (SPY)5.5%-14.5%
Sector (XLE)31.7%60.2%

Fundamental Drivers

The 72.5% change in SD stock from 4/30/2025 to 5/11/2026 was primarily driven by a 41.8% change in the company's P/E Multiple.
(LTM values as of)43020255112026Change
Stock Price ($)8.7815.1472.5%
Change Contribution By: 
Total Revenues ($ Mil)12516430.5%
Net Income Margin (%)50.3%46.4%-7.8%
P/E Multiple5.27.341.8%
Shares Outstanding (Mil)37371.1%
Cumulative Contribution72.5%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2025 to 5/11/2026
ReturnCorrelation
SD72.5% 
Market (SPY)30.4%3.5%
Sector (XLE)46.6%64.5%

Fundamental Drivers

The 47.7% change in SD stock from 4/30/2023 to 5/11/2026 was primarily driven by a 370.6% change in the company's P/E Multiple.
(LTM values as of)43020235112026Change
Stock Price ($)10.2515.1447.7%
Change Contribution By: 
Total Revenues ($ Mil)254164-35.7%
Net Income Margin (%)95.2%46.4%-51.3%
P/E Multiple1.67.3370.6%
Shares Outstanding (Mil)37370.2%
Cumulative Contribution47.7%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2023 to 5/11/2026
ReturnCorrelation
SD47.7% 
Market (SPY)78.7%28.9%
Sector (XLE)48.1%66.7%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
SD Return237%63%-8%-1%28%1%543%
Peers Return117%61%-11%-17%5%33%260%
S&P 500 Return27%-19%24%23%16%8%97%

Monthly Win Rates [3]
SD Win Rate58%75%33%42%58%40% 
Peers Win Rate76%63%40%37%60%68% 
S&P 500 Win Rate75%42%67%75%67%60% 

Max Drawdowns [4]
SD Max Drawdown0%-5%-23%-11%-22%-7% 
Peers Max Drawdown-4%0%-28%-25%-25%-5% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: DVN, EOG, APA, MUR, OVV.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/11/2026 (YTD)

How Low Can It Go

EventSDS&P 500
2025 US Tariff Shock
  % Loss-26.9%-18.8%
  % Gain to Breakeven36.8%23.1%
  Time to Breakeven181 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-19.7%-9.5%
  % Gain to Breakeven24.6%10.5%
  Time to Breakeven111 days24 days
2023 SVB Regional Banking Crisis
  % Loss-16.9%-6.7%
  % Gain to Breakeven20.3%7.1%
  Time to Breakeven27 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-11.0%-24.5%
  % Gain to Breakeven12.3%32.4%
  Time to Breakeven4 days427 days
2020 COVID-19 Crash
  % Loss-66.2%-33.7%
  % Gain to Breakeven195.8%50.9%
  Time to Breakeven26 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-38.4%-19.2%
  % Gain to Breakeven62.2%23.7%
  Time to Breakeven996 days105 days

Compare to DVN, EOG, APA, MUR, OVV

In The Past

SandRidge Energy's stock fell -26.9% during the 2025 US Tariff Shock. Such a loss loss requires a 36.8% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventSDS&P 500
2025 US Tariff Shock
  % Loss-26.9%-18.8%
  % Gain to Breakeven36.8%23.1%
  Time to Breakeven181 days79 days
2020 COVID-19 Crash
  % Loss-66.2%-33.7%
  % Gain to Breakeven195.8%50.9%
  Time to Breakeven26 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-38.4%-19.2%
  % Gain to Breakeven62.2%23.7%
  Time to Breakeven996 days105 days
2016-2017 Trump Reflation Bond Selloff
  % Loss-20.7%-3.7%
  % Gain to Breakeven26.1%3.9%
  Time to Breakeven34 days6 days

Compare to DVN, EOG, APA, MUR, OVV

In The Past

SandRidge Energy's stock fell -26.9% during the 2025 US Tariff Shock. Such a loss loss requires a 36.8% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About SandRidge Energy (SD)

SandRidge Energy, Inc. engages in the acquisition, development, and production of oil and natural gas primarily in the United States Mid-Continent. As of December 31, 2021, it had an interest in 817.0 net producing wells; and operated approximately 368,000 net leasehold acres in Oklahoma and Kansas, as well as total estimated proved reserves of 71.3 million barrels of oil equivalent. The company was incorporated in 2006 and is headquartered in Oklahoma City, Oklahoma.

AI Analysis | Feedback

Here are 1-3 brief analogies for SandRidge Energy (SD):

  • Think of SandRidge Energy as a regional version of an oil and gas giant like ExxonMobil or Chevron, specifically focused on production in the US Mid-Continent.
  • It's like a Pioneer Natural Resources, but specializing in the Oklahoma and Kansas oil and gas fields.

AI Analysis | Feedback

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  • Crude Oil: SandRidge Energy produces and sells crude oil extracted from its wells primarily in the U.S. Mid-Continent region.
  • Natural Gas: The company also engages in the production and sale of natural gas from its leasehold acres in Oklahoma and Kansas.
```

AI Analysis | Feedback

SandRidge Energy (SD) is an oil and natural gas exploration and production company. As such, it primarily sells its crude oil, natural gas, and natural gas liquids to other companies, rather than directly to individuals.

Based on the company's public filings, including its annual 10-K reports, SandRidge Energy does not disclose specific major customers by name. This indicates that the company sells its production to a diverse group of purchasers, and no single customer accounts for a material portion of its revenue. Therefore, specific customer company names with their symbols cannot be provided.

However, the customers for companies like SandRidge Energy typically fall into the following categories of businesses:

  • Midstream Companies: Companies that gather, process, store, and transport crude oil and natural gas via pipelines, often purchasing production at the wellhead.
  • Refiners: Companies that purchase crude oil to process into refined petroleum products such as gasoline, diesel, and jet fuel.
  • Natural Gas Marketers and Utilities: Companies that purchase natural gas for resale to industrial, commercial, and residential customers, or for power generation.
  • Oil and Gas Trading Firms: Entities that buy and sell commodities like crude oil and natural gas on various markets.

AI Analysis | Feedback

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AI Analysis | Feedback

Grayson Pranin, President, Chief Executive Officer & Director

Grayson Pranin has served in various engineering, operational, and leadership roles with SandRidge Energy since December 2011. Prior to joining SandRidge, he held engineering and operating roles at Pioneer Natural Resources from June 2010 to November 2011. Mr. Pranin also served as a non-commissioned and commissioned officer in the U.S. Army Engineering Corps.

Jonathan Frates, Executive Vice President & Chief Financial Officer

Jonathan Frates was appointed Executive Vice President and Chief Financial Officer effective December 2025. He most recently served as Investment Director of Vision One Management Partners from July 2022 through September 2024. Prior to that, he was Managing Director and Head of Family Office of Daughters Capital Corp. from July 2021 through June 2022, and Managing Director of Icahn Enterprises L.P. from November 2015 through July 2021. He also held roles at First Acceptance Corp., Diamond A Ford Corp., and Wachovia Securities LLC.

Dean Parrish, Senior Vice President & Chief Operating Officer

Dean Parrish was appointed Senior Vice President and Chief Operating Officer effective April 1, 2024. He has worked at SandRidge Energy since January 2012, serving in various roles including Senior Production Engineer, Operating Manager, Vice President of Operations, and Senior Vice President, Operations. Before joining SandRidge, Mr. Parrish was employed as a Production Engineer at EXCO Resources, Inc.

Brandon Brown, Senior Vice President & Chief Accounting Officer

Brandon Brown serves as the Senior Vice President and Chief Accounting Officer. He previously served as the Company's Chief Financial Officer from September 2023 to October 2024. Mr. Brown also held the positions of Vice President of Accounting beginning March 2023 and Corporate Controller from June 2020 to March 2023. Prior to joining SandRidge in June 2020, he was Assistant Controller and Financial Reporting Manager at Black Stone Minerals, L.P. from August 2016 to February 2020. He also held various accounting and financial reporting roles at Goodrich Petroleum Corporation from August 2011 to August 2016.

AI Analysis | Feedback

Key Risks to SandRidge Energy's Business

SandRidge Energy, Inc. (symbol: SD), an independent oil and natural gas company, faces several key risks inherent to the energy exploration and production industry. The most significant risks include the volatility of commodity prices, the challenge of discovering and replacing reserves, and potential regulatory changes. The primary risk to SandRidge Energy's business is the **volatility of oil and natural gas prices**. The company's revenues, profitability, and cash flow are highly dependent on the prices realized from the sale of these commodities, which can fluctuate widely and quickly due to factors beyond its control. This price volatility directly impacts the economic viability of its operations and future investments. Another crucial risk is the company's **success in discovering, estimating, developing, and replacing oil and natural gas reserves**. As an exploration and production company, SandRidge Energy's long-term sustainability is tied to its ability to replenish its reserves. Concerns have been noted regarding its operational scale and a stated 10.2-year reserve life, which indicates potential long-term production sustainability issues if not adequately addressed through new discoveries and development. Finally, **regulatory changes** pose a significant risk to SandRidge Energy. The company is subject to various governmental regulations, particularly those related to carbon dioxide and greenhouse gas emissions. Shifts in environmental policies and regulations could lead to increased operational costs, restrictions on drilling activities, or other compliance burdens that negatively impact the business.

AI Analysis | Feedback

The clear emerging threats for SandRidge Energy are:

  • The accelerating global adoption of electric vehicles (EVs), which directly threatens the long-term demand for crude oil and petroleum products used in transportation.
  • The increasing cost-effectiveness and widespread deployment of renewable energy sources (such as solar and wind power), which are displacing natural gas in electricity generation and other energy sectors.

AI Analysis | Feedback

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AI Analysis | Feedback

SandRidge Energy (SD) anticipates future revenue growth over the next two to three years will be driven by several key factors:

  • Continued Development in the Cherokee Play: A primary driver of revenue growth is the ongoing development program in the Cherokee Play, located within the Mid-Continent region. The company plans to continue its one-rig Cherokee development throughout 2026, with intentions to drill 10 and complete 8 operated wells in that year. This targeted development in core operating regions, coupled with strong well results, is expected to drive significant production increases.
  • Increased Oil and Natural Gas Production Volumes: Resulting from the Cherokee Play development and operational efficiencies, SandRidge Energy projects substantial growth in its production volumes. The company reported a 12% increase in total barrels of oil equivalent (Boe) production and a 32% surge in oil production in 2025 compared to 2024. Management anticipates growing oil production volumes by approximately another 20% in 2026.
  • Favorable Commodity Prices: While subject to market fluctuations, higher natural gas prices, in particular, have been and are expected to continue contributing to revenue growth. SandRidge Energy's 2025 revenues were positively impacted by higher natural gas prices and increased volumes from Cherokee development. Financial projections for 2025 were bolstered by anticipated higher natural gas prices, with realized prices projected to increase significantly compared to 2024. The company also utilizes hedging strategies to help stabilize cash flows.
  • Strategic Lease Acquisitions and Potential Mergers & Acquisitions (M&A): SandRidge Energy's growth strategy includes opportunistic lease acquisitions to secure future development opportunities and expand its multiyear operational runway. The company also actively evaluates strategic merger and acquisition opportunities to further expand its asset base, enhance revenue streams, and leverage its robust balance sheet.
  • Production Optimization Initiatives: Efforts to optimize production through initiatives such as artificial lift conversions and recompletion programs are expected to enhance operational efficiency and contribute to increased volumes. These production optimization efforts, alongside drilling activities, have already led to multi-year high production rates.

AI Analysis | Feedback

Share Repurchases

  • SandRidge Energy authorized a $75 million share repurchase program, with $68.3 million remaining authorized as of December 31, 2025.
  • In 2025, the company repurchased 0.6 million shares for $6.4 million at a weighted average price of $10.72 per share.
  • A $25 million share repurchase program was approved in August 2021.

Share Issuance

  • In 2025, SandRidge Energy issued 0.1 million shares (specifically 92,733 shares) under its Dividend Reinvestment Plan (DRIP).

Outbound Investments

  • In July 2024, SandRidge Energy entered into a definitive agreement to acquire certain producing assets and leasehold interests in the Cherokee play of the Western Anadarko Basin for $144 million in cash.
  • The company also made further acquisitions in the Western Anadarko Basin, including $121.9 million for producing oil and natural gas properties and an additional $5.7 million acquisition in December 2024, aimed at enhancing asset base and operations in its Cherokee assets.
  • In Q2 2021, SandRidge closed on the acquisition of all overriding royalty interests held by SandRidge Mississippian Royalty Trust I for a net purchase price of $3.6 million.

Capital Expenditures

  • Total capital expenditures for 2025 were $76.2 million.
  • For 2026, capital expenditure is forecast between $76 million and $97 million.
  • The 2026 capital program allocates $62 million to $80 million to drilling and completions and $14 million to $17 million for workovers, production optimization, and selective leasing, primarily focused on the Cherokee Play.

Better Bets vs. SandRidge Energy (SD)

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10.8%10.8%-10.8%
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Buying dips for companies with tame PE and meaningfully high operating margin
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Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
25.4%25.4%-6.5%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

SDDVNEOGAPAMUROVVMedian
NameSandRidg.Devon En.EOG Reso.APA Murphy O.Ovintiv  
Mkt Price15.1446.73133.3136.7037.6259.0942.17
Mkt Cap0.628.870.913.05.414.914.0
Rev LTM16416,54323,4988,6112,7498,9088,760
Op Inc LTM613,1167,6482,9904182,0642,527
FCF LTM262,4233,9661,4811781,5051,493
FCF 3Y Avg491,5054,6891,1615471,4491,305
CFO LTM1006,42410,7214,0031,2683,6523,828
CFO 3Y Avg906,61111,0793,8381,5893,8473,842

Growth & Margins

SDDVNEOGAPAMUROVVMedian
NameSandRidg.Devon En.EOG Reso.APA Murphy O.Ovintiv  
Rev Chg LTM18.8%-1.5%0.5%-17.4%-5.1%-2.7%-2.1%
Rev Chg 3Y Avg-7.7%-3.8%-5.7%-3.9%-12.9%-10.4%-6.7%
Rev Chg Q16.8%-14.5%15.7%-11.7%8.9%-1.9%3.5%
QoQ Delta Rev Chg LTM4.6%-3.8%4.1%-3.5%2.2%-0.5%0.9%
Op Inc Chg LTM55.6%-28.7%-8.1%-11.4%-36.4%-0.3%-9.7%
Op Inc Chg 3Y Avg-11.6%-25.0%-15.3%-11.8%-39.6%-17.9%-16.6%
Op Mgn LTM37.3%18.8%32.5%34.7%15.2%23.2%27.9%
Op Mgn 3Y Avg34.7%24.9%35.2%35.0%22.1%24.0%29.8%
QoQ Delta Op Mgn LTM2.6%-3.6%0.4%3.8%-0.7%0.0%0.2%
CFO/Rev LTM60.9%38.8%45.6%46.5%46.1%41.0%45.9%
CFO/Rev 3Y Avg61.8%41.1%47.3%42.2%52.4%40.0%44.7%
FCF/Rev LTM16.1%14.6%16.9%17.2%6.5%16.9%16.5%
FCF/Rev 3Y Avg34.6%9.7%20.0%12.8%17.5%15.2%16.3%

Valuation

SDDVNEOGAPAMUROVVMedian
NameSandRidg.Devon En.EOG Reso.APA Murphy O.Ovintiv  
Mkt Cap0.628.870.913.05.414.914.0
P/S3.41.73.01.52.01.71.8
P/Op Inc9.19.29.34.312.97.29.2
P/EBIT7.78.39.74.219.213.09.0
P/E7.312.712.98.563.912.012.4
P/CFO5.64.56.63.24.24.14.4
Total Yield16.4%10.0%10.8%14.5%5.1%10.4%10.6%
Dividend Yield2.8%2.1%3.1%2.7%3.5%2.1%2.8%
FCF Yield 3Y Avg9.7%4.6%6.4%11.1%10.0%13.5%9.8%
D/E0.00.30.10.30.40.40.3
Net D/E-0.20.20.10.30.40.40.3

Returns

SDDVNEOGAPAMUROVVMedian
NameSandRidg.Devon En.EOG Reso.APA Murphy O.Ovintiv  
1M Rtn-1.9%-2.2%-1.4%-4.4%-3.0%5.3%-2.0%
3M Rtn-10.4%8.0%18.0%34.4%16.7%26.4%17.4%
6M Rtn19.9%39.4%27.3%53.2%33.5%54.1%36.4%
12M Rtn56.5%47.4%24.2%128.6%80.9%68.1%62.3%
3Y Rtn41.0%9.6%34.2%24.7%25.7%95.5%29.9%
1M Excs Rtn-10.6%-11.0%-10.1%-13.1%-11.8%-3.4%-10.8%
3M Excs Rtn-16.8%1.6%11.5%28.0%10.3%20.0%10.9%
6M Excs Rtn9.8%35.5%18.9%47.5%27.0%49.1%31.3%
12M Excs Rtn29.8%19.3%-5.0%105.4%54.1%41.0%35.4%
3Y Excs Rtn-22.9%-74.5%-49.4%-55.0%-56.2%14.1%-52.2%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Acquisition, development, and production of oil, natural gas, and Natural gas liquids (NGL)125149   
Natural gas  1035623
Natural gas liquids (NGL)  645118
Oil  886274
Other   01
Total125149254169115


Operating Income by Segment
$ Mil20252024202320222021
Acquisition, development, and production of oil, natural gas, and Natural gas liquids (NGL)3364   
Total3364   


Net Income by Segment
$ Mil20252024202320222021
Acquisition, development, and production of oil, natural gas, and Natural gas liquids (NGL)6361   
Total6361   


Assets by Segment
$ Mil20252024202320222021
Acquisition, development, and production of oil, natural gas, and Natural gas liquids (NGL)582574   
Total582574   


Price Behavior

Price Behavior
Market Price$15.14 
Market Cap ($ Bil)0.6 
First Trading Date10/07/2014 
Distance from 52W High-15.7% 
   50 Days200 Days
DMA Price$15.94$13.79
DMA Trendupdown
Distance from DMA-5.0%9.8%
 3M1YR
Volatility40.0%36.2%
Downside Capture-0.05-0.28
Upside Capture-60.0815.78
Correlation (SPY)-26.4%2.3%
SD Betas & Captures as of 4/30/2026

 1M2M3M6M1Y3Y
Beta-1.90-0.98-0.53-0.380.100.67
Up Beta-2.12-2.28-1.77-1.49-0.020.65
Down Beta-2.45-0.330.640.360.911.17
Up Capture-92%-75%-28%15%17%17%
Bmk +ve Days15223166141428
Stock +ve Days15274277142388
Down Capture-290%-26%-40%-74%-87%64%
Bmk -ve Days4183056108321
Stock -ve Days7162248107350

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SD
SD61.0%36.3%1.37-
Sector ETF (XLE)44.8%20.2%1.7264.1%
Equity (SPY)28.1%12.5%1.781.9%
Gold (GLD)42.9%26.9%1.30-0.9%
Commodities (DBC)48.6%18.0%2.1447.1%
Real Estate (VNQ)13.6%13.5%0.70-1.1%
Bitcoin (BTCUSD)-22.4%41.7%-0.5011.8%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SD
SD37.8%49.0%0.83-
Sector ETF (XLE)22.1%26.1%0.7668.8%
Equity (SPY)12.9%17.1%0.5931.4%
Gold (GLD)21.2%17.9%0.9611.8%
Commodities (DBC)13.5%19.1%0.5852.7%
Real Estate (VNQ)3.6%18.8%0.0924.7%
Bitcoin (BTCUSD)8.5%56.0%0.3615.2%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SD
SD0.7%66.2%0.29-
Sector ETF (XLE)9.8%29.5%0.3756.3%
Equity (SPY)15.0%17.9%0.7231.0%
Gold (GLD)13.4%15.9%0.704.6%
Commodities (DBC)9.5%17.7%0.4538.6%
Real Estate (VNQ)5.6%20.7%0.2425.9%
Bitcoin (BTCUSD)68.1%66.9%1.079.6%

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Short Interest

Short Interest: As Of Date4302026
Short Interest: Shares Quantity1.3 Mil
Short Interest: % Change Since 41520269.0%
Average Daily Volume0.3 Mil
Days-to-Cover Short Interest4.3 days
Basic Shares Quantity36.8 Mil
Short % of Basic Shares3.6%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
3/5/20260.9%-3.0%-9.6%
11/5/20254.8%12.4%23.1%
8/6/20256.5%9.3%13.2%
3/10/2025-2.8%2.6%-18.6%
11/7/2024-3.5%-4.2%-7.4%
8/7/20242.7%6.4%-1.9%
3/6/20244.4%5.4%16.4%
11/6/2023-5.3%-4.3%-12.8%
...
SUMMARY STATS   
# Positive91210
# Negative1079
Median Positive4.4%5.9%17.4%
Median Negative-4.5%-4.2%-9.6%
Max Positive23.9%46.1%63.3%
Max Negative-21.5%-16.4%-27.9%

SEC Filings

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Report DateFiling DateFiling
03/31/202605/07/202610-Q
12/31/202503/05/202610-K
09/30/202511/06/202510-Q
06/30/202508/07/202510-Q
03/31/202505/08/202510-Q
12/31/202403/11/202510-K
09/30/202411/07/202410-Q
06/30/202408/08/202410-Q
03/31/202405/08/202410-Q
12/31/202303/07/202410-K
09/30/202311/07/202310-Q
06/30/202308/03/202310-Q
03/31/202305/05/202310-Q
12/31/202203/15/202310-K
09/30/202211/03/202210-Q
06/30/202208/04/202210-Q

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Intrieri, Vincent JDirectBuy819202510.9625,000274,048514,946Form