Hot Stocks Under Review - Republic Airways Holdings, (NASDAQ:RJET), SandRidge Energy, (NYSE:SD)

On Tuesday, Following U.S. Stocks were among the “Top Gainers”:Republic Airways Holdings, (NASDAQ:RJET), SandRidge Energy, (NYSE:SD)

Republic Airways Holdings, (NASDAQ:RJET), with shares inclined 5.53%, closed at $12.97.

SandRidge Energy, (NYSE:SD), with shares jumped 5.33%, settled at $1.58.

Latest NEWS regarding these Stocks are depicted underneath:

Republic Airways Holdings Inc. (NASDAQ:RJET)

Republic Airways Holdings Inc. (RJET), declared that Executive Vice President and Chief Operating Officer Wayne C. Heller is retiring effective March 13, 2015.

For more than 15 years, Mr. Heller has served as a senior leader at Republic Airways. He joined the airline in 1999 as Vice President of Flight Operations. In 2004, he was designated to the position of Chief Operating Officer. During his tenure, Republic has grown from a small turboprop operation serving one major airline partner to its current status as the nation’s second-largest regional airline, operating more than 240 aircraft.

Republic has engaged executive search firm Spencer Stuart and anticipates naming a new COO in the near future. During this brief transition period, CEO Bryan Bedford will oversee operational leadership of the airline.

Republic Airways Holdings Inc., based in Indianapolis, Indiana, is an airline holding corporation that owns Republic Airlines, Shuttle America and Chautauqua Airlines, collectively called “the airlines.” The airlines operate a combined fleet of about 240 aircraft and offer planned passenger service with nearly 1,300 flights daily to about 100 cities in the U.S., Canada and the Caribbean through fixed-fee flights operated under our major airline partner brands of American Eagle, Delta Connection, United Express and US Airways Express.

SandRidge Energy, Inc. (NYSE:SD)

Formerly on February 26, SandRidge Energy, Inc. (SD), posted financial and operational results for the period ended December 31, 2014.

Operational Highlights:

2014 year-end reserve metrics
604% reserve replacement overall with all-in F&D of $9.00 per Boe
Added 143 MMBoe through the drill bit with 517% drill bit reserve replacement
34% raise in merged SEC PV-10 reserves value to $5.5 billion
37% raise in merged proved reserves to 516 MMBoe
26% raise in merged proved liquids reserves of 218 MMBbls
65% of total reserves are proved developed reserves, 74% of value is proved developed
Proved reserves/production ratio of 18.7 years
Mississippian PUD type curve raised 27% in overall EUR to 484 Mboe, oil EUR remained unchanged at 118 Mbo, gas EUR raised 37% to 1.6 Bcf
3 New Q4 Woodford wells delivered 397 Boe per day 30-day IPs (77% oil)
10 New Q4 Chester wells delivered 470 Boe per day 30-day IPs (59% oil)
Full-year Mid-Continent lateral cost averaged $3.0 million
121 Q4 Mid-Continent laterals had an average 30-day IP of 378 Boe per day (8% above new type curve)
At a $2.6 MM program average, 39 laterals in the 2014 multilateral program delivered 100% of new type curve 90-day cumulative production at 85% of a Mississippian single lateral cost.

Mid-Continent: During the fourth quarter of 2014, SandRidge drilled 122 laterals: 100 in Oklahoma and 22 in Kansas. The Corporation averaged 33 horizontal rigs operating in the play: 27 in Oklahoma and 6 in Kansas. Additionally, the Corporation averaged 3 rigs drilling disposal wells. The Corporation’s Mid-Continent assets produced 76.1 MBoe per day during the fourth quarter (36% Oil, 17% NGLs, 47% Natural Gas).

Permian Basin: In the Corporation’s Permian properties, 23 wells were drilled during the fourth quarter of 2014, all for SandRidge Permian Trust. The Corporation’s Permian Basin assets produced 5.3 MBoe per day during the quarter (86% Oil, 9% NGLs, 5% Natural Gas).

Other Operating Areas: During the fourth quarter, SandRidge’s legacy west Texas properties produced about 5.5 MBoe per day (1% Oil, 99% Natural Gas). Additionally, its legacy Mid-Continent assets produced 1.5 MBoe per day in the quarter (15% Oil, 16% NGLs, 69% Natural Gas).

Royalty Trusts: As of December 31, 2014, the Corporation had fulfilled its drilling obligation to the Permian Trust (PER) by drilling and perforating for completion about 888 equivalent Trust Development Wells. The Corporation was obligated to drill seven development wells for SandRidge Mississippian Trust II (SDR). The Corporation anticipates to complete its drilling obligations for SDR in the first quarter of 2015.

SandRidge Energy, Inc., an oil and natural gas corporation, explores for and produces oil and natural gas properties primarily in the Mid-Continent region of the United States.

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