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  "docId": "019dd923-622b-71dc-a6dc-2ebffcf637e2",
  "docSlug": "ef179647d85b",
  "documentTitle": "SandRidge Energy (SD)",
  "authorId": "14_Icahn",
  "authorName": "Carl C. Icahn",
  "documentKindSlug": "activist-deck",
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  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2018-05-24 00:00:00",
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  "pageNumber": 9,
  "pageCount": 24,
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  "slideType": "peer_gap",
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  "nDataPoints": 10,
  "notes": "The slide uses a combination of a horizontal bar chart for asset value comparison and a grouped bar chart for peer valuation multiples.",
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  "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-2ebffcf637e2#slide-9",
  "components": [
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      "kind": "callout",
      "text": "We believe the board and management's aggressive disregard for shareholder rights, consistent missteps, lack of a cogent strategy, and inability to deal with the legacy Miss Lime assets have kept the stock from trading closer to its intrinsic value.",
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      "kind": "callout",
      "text": "We believe the board and management’s aggressive disregard for shareholder rights, consistent missteps, lack of a cogent strategy, and inability to deal with the legacy Miss Lime assets have kept the stock from trading closer to its intrinsic value.",
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      "text": "Discount to Peer Values",
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      "kind": "chart",
      "text": "Discount to Proved Reserves",
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      "kind": "list",
      "text": "If its peers trade at a premium to PV-10, and much higher compared to EBITDA and Production, why does SandRidge trade at such a discount to its intrinsic value?",
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      "kind": "list",
      "text": "Compared to its Peers, SandRidge trades a significant discount on almost every measure.\nEven compared to its own Proved Reserves PV-10 value, Sandridge trades at a ~45% discount.",
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      "text": "EV/NTM EBITDA: ~45%",
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      "kind": "title",
      "text": "Underlying Value",
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