Basic Material Unusual Volume: SandRidge Energy (NYSE:SD), Athlon Energy (NYSE:ATHL), Samson Oil & Gas Limited (NYSEMKT:SSN), REGI

SandRidge Energy Inc. (NYSE:SD)’s shares gained 2.21% to $6.24. The company has started taking steps toward monetizing its fracking water disposal business, the largest in the United States, as it tightens its core focus on oil and natural gas development, its chief executive said on on Mar. 25. SandRidge has begun a financial audit of the unit, which currently processes 980 million gallons of water per day. The unit is on track to have $135 million in EBITDA this year, SandRidge Chief Executive Officer James Bennett said at the Howard Weil energy conference in New Orleans. SandRidge Energy Inc. (NYSE:SD), shares after opening at $6.59 moved to $6.85 on last trade day and at the end of the day closed at $6.75. Company price to sales ratio in past twelve months was calculated as 1.68 and price to cash ratio as 4.10. SandRidge Energy Inc. (NYSE:SD), showed a positive weekly performance of 9.22%.

On April 16, 2014, Athlon Energy Inc (NYSE:ATHL), announced that it has priced $650 million of 6.00% senior unsecured notes (the “notes”) by Athlon Holdings LP (the “Issuer”) and its co-issuer and wholly owned subsidiary, Athlon Finance Corp. The notes were issued privately to qualified institutional buyers in the United States pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”). The Company expects to close the sale of the notes on May 1, 2014. Athlon Energy Inc (NYSE:ATHL), shares advanced 2.61% in last trading session and ended the day on $42.00. Athlon Energy Inc (NYSE:ATHL), return on equity ratio is recorded as 14.10% and its return on assets is 6.00%.

On April 16, 2014, Samson Oil & Gas Limited (ADR) (NYSEMKT:SSN), announced that it has placed 65,000,000 ordinary shares to investors in Australia and 11,255,541 American Depositary Shares (ADSs) (representing 225,110,820 ordinary shares) to investors based in the United States to raise gross proceeds of A$5,802,217 (US$5,439,578). The placement was completed at $0.02 per ordinary share (approximately US$0.375 per ADS), and includes options, or warrants, to purchase an additional 3 shares for each 10 shares subscribed for, at an exercise price of A$0.033 (approximately $0.61 per ADS). The options/warrants will expire on 30 April 2018. Samson Oil & Gas Limited (ADR) (NYSEMKT:SSN), shares moved down 18.02% in last trading session and was closed at $0.377, while trading in range of $ 0.34 – 0.46. Samson Oil & Gas Limited (ADR) (NYSEMKT:SSN), year to date (YTD) performance is -10.19%.

On April 16, 2014, Renewable Energy Group Inc (NASDAQ:REGI), announced its preliminary results for the first quarter of 2014 and announced the date for the Company’s first quarter 2014 earnings release. Renewable Energy Group Inc (NASDAQ:REGI), weekly performance is -0.75%. On last trading day company shares ended up $11.89. Renewable Energy Group Inc (NASDAQ:REGI), distance from 50-day simple moving average (SMA50) is 3.98%. Analysts mean target Price for the company is $14.63.