SandRidge Energy Inc SD
$14.34 $0.02 (0.14%) 1D
Last Updated: Aug 21, 12:00 AM·NYSE
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SD Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, SandRidge Energy Inc is classified as halal.
HALAL
Report Source: undefined Quarter Report
SandRidge Energy Inc. Stock Analysis SD
United States Energy Small Cap SandRidge Energy, Inc. is an oil and gas company. The company is headquartered in Oklahoma City, Oklahoma and currently employs 102 full-time employees. The company went IPO on 2007-11-08. The firm's primary area of operation is the Mid-Continent region in Oklahoma, Texas, and Kansas. The firm sells its oil, natural gas and natural gas liquids (NGLs) to a variety of customers, including oil and natural gas companies and trading and energy marketing companies. The company holds interests in approximately 574,599 gross (378,537 net) leasehold acres located primarily in Oklahoma, Kansas, and Texas. Its interests in the Mid-Continent include 1,446 gross (825 net) producing wells with an average working interest of 57.1%. The interests are largely aggregated across the Mississippian Lime, Meramec and Cherokee formations. The Mississippian Lime formation is an expansive carbonate hydrocarbon system located on the Anadarko Shelf in northern Oklahoma and southern Kansas. The Meramec is composed of interbedded shales, sands, and carbonates.
SandRidge Energy Inc (SD) Chart
Financial Metrics & Statements of SandRidge Energy Inc (SD)
FAQ's for SandRidge Energy Inc (SD)
- As of August 2026, SandRidge Energy Inc SD is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes SandRidge Energy Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in SandRidge Energy Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of SandRidge Energy Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of SandRidge Energy Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
- You can check the latest Shariah compliance status of SandRidge Energy Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to SandRidge Energy Inc (SD)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
