Filing Details

Accession Number:
0001104659-18-009462
Form Type:
13G Filing
Publication Date:
2018-02-14 09:25:09
Filed By:
Mtp Energy Management Llc
Company:
Sandridge Energy Inc (NYSE:SD)
Filing Date:
2018-02-14
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
MTP ENERGY MANAGEMENT 0 0 0 0 0 0%
MAGNETAR FINANCIAL 0 1,790 0 1,790 1,790 0%
MAGNETAR CAPITAL PARTNERS 0 1,790 0 1,790 1,790 0%
SUPERNOVA MANAGEMENT 0 1,790 0 1,790 1,790 0%
ALEC N. LITOWITZ 0 1,790 0 1,790 1,790 0%
Filing

 

 

UNITED STATES

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934
(Amendment No. 1)*

 

SANDRIDGE ENERGY, INC.

(Name of Issuer)

Common Stock, par value $0.001 per share

(Title of Class of Securities)

80007P869

(CUSIP Number)

December 31, 2017

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

x

Rule 13d-1(b)

o

Rule 13d-1(c)

o

Rule 13d-1(d)

 

* The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 


 

CUSIP No. 80007P869

 

 

1

Names of Reporting Persons
MTP ENERGY MANAGEMENT LLC

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

o

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5

Sole Voting Power
0

 

6

Shared Voting Power
0

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
0

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
0

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11

Percent of Class Represented by Amount in Row (9)
0%

 

 

12

Type of Reporting Person (See Instructions)
IA, OO

 

2


 

CUSIP No. 80007P869

 

 

1

Names of Reporting Persons
MAGNETAR FINANCIAL LLC

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

o

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5

Sole Voting Power
0

 

6

Shared Voting Power
1,790

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
1,790

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
1,790

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11

Percent of Class Represented by Amount in Row (9)
0%

 

 

12

Type of Reporting Person (See Instructions)
IA, OO

 

3


 

CUSIP No. 80007P869

 

 

1

Names of Reporting Persons
MAGNETAR CAPITAL PARTNERS LP

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

o

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5

Sole Voting Power
0

 

6

Shared Voting Power
1,790

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
1,790

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
1,790

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11

Percent of Class Represented by Amount in Row (9)
0%

 

 

12

Type of Reporting Person (See Instructions)
HC, PN

 

4


 

CUSIP No. 80007P869

 

 

1

Names of Reporting Persons
SUPERNOVA MANAGEMENT LLC

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

o

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5

Sole Voting Power
0

 

6

Shared Voting Power
1,790

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
1,790

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
1,790

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11

Percent of Class Represented by Amount in Row (9)
0%

 

 

12

Type of Reporting Person (See Instructions)
HC, OO

 

5


 

CUSIP No. 80007P869

 

 

1

Names of Reporting Persons
ALEC N. LITOWITZ

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

o

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
United States of America

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5

Sole Voting Power
0

 

6

Shared Voting Power
1,790

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
1,790

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
1,790

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11

Percent of Class Represented by Amount in Row (9)
0%

 

 

12

Type of Reporting Person (See Instructions)
HC, IN

 

6


 

SCHEDULE 13G

 

Item 1(a)

Name of Issuer.
Sandridge Energy, Inc.

Item 1(b)

Address of Issuers Principal Executive Offices.
123 Robert S. Kerr Avenue

Oklahoma City, Oklahoma, 73102

 

Item 2(a)

Name of Person Filing.
This statement is filed on behalf of each of the following person (collectively, the Reporting Persons):

i)                                       MTP Energy Management LLC (MTP Energy Management)

ii)                                    Magnetar Financial LLC (Magnetar Financial);

iii)                                 Magnetar Capital Partners LP (Magnetar Capital Partners);

iv)                                  Supernova Management LLC (Supernova Management); and

v)                                     Alec N. Litowitz (Mr. Litowitz).

 

This statement relates to the Shares (as defined herein) held for Magnetar Tactical Trading Master Fund Ltd (Magnetar Tactical), a Cayman Islands exempted company, and a managed account for a client of Magnetar Financial (the Managed Account).  Magnetar Financial serves as the investment adviser for Magnetar Tactical and the Managed Account, and in such capacity, Magnetar Financial exercises voting and investment power over the Shares.  Magnetar Financial serves as the sole member of MTP Energy Management, a Delaware limited liability company, and MTP Energy Management is a relying adviser of Magnetar Financial.  Magnetar Capital Partners serves as the sole member and parent holding company of Magnetar Financial. Supernova Management is the general partner of Magnetar Capital Partners. The manager of Supernova Management is Mr. Litowitz.

Item 2(b)

Address of Principal Business Office.
The address of the principal business office of each of MTP Energy Management, Magnetar Financial, Magnetar Capital Partners, Supernova Management, and Mr. Litowitz is 1603 Orrington Avenue, 13th Floor, Evanston, Illinois 60201.

Item 2(c)

Place of Organization.
i)                                       MTP Energy Management is a Delaware limited liability company;

ii)                                    Magnetar Financial is a Delaware limited liability company;

iii)                                 Magnetar Capital Partners is a Delaware limited partnership;

iv)                                  Supernova Management is a Delaware limited liability company; and

v)                                     Mr. Litowitz is a citizen of the United States of America.

Item 2(d)

Title of Class of Securities.
Common Stock, par value $0.001 per share (the Shares)

Item 2(e)

CUSIP Number.
80007P869

 

Item 3

Reporting Person.

 

(e)

x

An investment adviser in accordance with §240.13d1(b)(1)(ii)(E)

 

(g)

x

A parent holding company or control person in accordance with §240.13d1(b)(1)(ii)(G)

 

7


 

Item 4

Ownership.

 

Item 4(a)

 

Amount beneficially owned:   

(i)  As of December 31, 2017, Magnetar Tactical held 1,535 Shares and the Managed Account held 255 Shares.

Item 4(b)

 

Percent of class:   

(i) As of December 31, 2017, Magnetar Tactical and the Managed Account were deemed to be the beneficial owners constituting approximately 0% of the total number of Shares outstanding ((based upon the information provided by the Issuer in its most recently filed registration statement on 10Q, there were approximately 35,647,066 Shares outstanding as of October 27, 2017).

Item 4(c)

 

Number of shares of which such person has:

Magnetar Financial, Magnetar Capital Partners, Supernova Management, and Mr. Litowitz:

 

 

(i)

Sole power to vote or to direct the vote:   

0

 

 

(ii)

Shared power to vote or to direct the vote:    

1,790

 

 

(iii)

Sole power to dispose or to direct the disposition of:   

0

 

 

(iv)

Shared power to dispose or to direct the disposition of:   

1,790

 

Item 5

Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following   x.

 

Item 6

Ownership of More than Five Percent on Behalf of Another Person.

This Item 6 is not applicable.

 

Item 7

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

This Item 7 is not applicable.

 

Item 8

Identification and Classification of Members of the Group.

This Item 8 is not applicable.

 

Item 9

Notice of Dissolution of Group.

This Item 9 is not applicable.

 

8


 

Item 10

Certification.

By signing below the Reporting Persons certifies that, to the best of their knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

 

Date: February 14, 2018

MTP ENERGY MANAGEMENT LLC

 

 

 

By: Magnetar Financial LLC, its Sole Member

 

 

 

 

By:

/s/ Alec N. Litowitz

 

Name:  Alec N. Litowitz

 

Title:    Manager of Supernova Management LLC, the General Partner of Magnetar Capital Partners LP, Sole Member of Magnetar Financial LLC

 

 

 

 

Date: February 14, 2018

MAGNETAR FINANCIAL LLC

 

 

 

By: Magnetar Capital Partners LP, its Sole Member

 

 

 

 

By:

/s/ Alec N. Litowitz

 

Name:  Alec N. Litowitz

 

Title:    Manager of Supernova Management LLC, the General Partner of Magnetar Capital Partners LP

 

 

Date: February 14, 2018

MAGNETAR CAPITAL PARTNERS LP

 

 

 

By: Supernova Management LLC, its General Partner

 

 

 

 

By:

/s/ Alec N. Litowitz

 

Name:  Alec N. Litowitz

 

Title:    Manager of Supernova Management LLC

 

 

Date: February 14, 2018

SUPERNOVA MANAGEMENT LLC

 

 

 

 

By:

/s/ Alec N. Litowitz

 

Name:  Alec N. Litowitz

 

Title:    Manager

 

 

Date: February 14, 2018

/s/ Alec N. Litowitz

 

Alec N. Litowitz

 

9