Sheridan is a typical boom and bust town, having started off with cattle ranching and then been supported by the oil, gas, and coal exploration in the surrounding areas. In the past ten years Sheridan has been remaking itself as a tourist destination where people can catch a glimpse of the "old west" and enjoy many of the features of the "new west".
The town is a destination for many people visiting Yellowstone or the Black Hills. Sheridan has many events throughout the year. One of the more popular events is the Sheridan Rodeo.
Greyhound Greyhound's interline partners Jefferson Lines  and Black Hills Stage  both offer service to this station from Billings MT to the North or from Buffalo WY comeing from the south. This station is open 24 hours.