SandRidge Energy

SandRidge Energy, Inc. engages in the exploration, development, and production of oil and natural gas. It operates in the United States Mid-Continent, and North Park Basin of Colorado. The company was founded by Noah Malone Mitchell III in 1984 and is headquartered in Oklahoma, OK.

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Earnings data Q4 2024

SandRidge Energy reports strong Q4 earnings, eyes strategic growth

SandRidge Energy delivered a robust performance in Q4 2022, showcasing operational efficiency and financial strength.
While facing challenges in a dynamic market environment, the company's solid financial position and profitability are key strengths.
Exploring strategic opportunities and maintaining cost discipline will be crucial for SandRidge Energy's future growth and success.

SandRidge Energy reports robust Q1 performance and explores growth opportunities

SandRidge Energy's Q1 2023 performance reflects financial strength, operational resilience, and strategic focus on maximizing cash value and shareholder returns.
The company's disciplined approach to ESG commitments, cost control, and potential return of capital through buybacks and dividends underscores its commitment to sustainable growth and value creation.
While facing challenges in market dynamics and operational optimization, SandRidge Energy remains well-positioned to leverage opportunities in M&A, free cash flow generation, and strategic investments for long-term success.

SandRidge Energy reports robust Q2 performance and growth opportunities

SandRidge Energy's Q2 2023 performance reflects a solid operational and financial foundation, marked by strong production levels and prudent cost management.
With a focus on maximizing shareholder value and leveraging growth opportunities, the company is well-positioned to navigate industry challenges and drive future success.
Investors can be optimistic about SandRidge's strategic direction, financial strength, and commitment to delivering value through operational excellence and prudent investments.

SandRidge Energy reports strong Q3 performance and strategic growth focus

SandRidge Energy's Q3 earnings call highlighted robust performance, financial stability, and a strategic focus on enhancing shareholder value through operational efficiency.
With a strong balance sheet, no debt, and a proactive approach to ESG responsibilities, the company is well-positioned for sustainable growth and value creation.
While facing challenges such as market volatility and operational complexities, SandRidge Energy has opportunities to drive growth through strategic M&A, production optimization, and capital return initiatives.

SandRidge Energy reports robust Q4 earnings, eyes strategic growth

SandRidge Energy delivered a strong performance in production, financials, and cost management, showcasing resilience and strategic focus.
The company's financial strength, including a healthy cash position and significant NOL benefits, underpin its stability and growth potential.
While challenges like commodity price volatility persist, SandRidge Energy's strategic direction and operational efficiency present growth opportunities.
By balancing organic growth with M&A flexibility and capital returns, SandRidge Energy aims to drive shareholder value and navigate industry dynamics.

SandRidge Energy reports strong Q3 performance, eyes growth opportunities

SandRidge Energy delivered a robust performance in Q3 2024, driven by a recent acquisition and strong operational efficiency, generating significant free cash flow.
With a focus on cost discipline, production optimization, and a commitment to ESG principles, the company maintains a solid financial position and growth potential.
While facing challenges in a dynamic market environment, SandRidge Energy has opportunities to further enhance its operational efficiency and capitalize on strategic growth initiatives.

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SandRidge Energy, Inc. is an oil and gas company. It engages in acquisition, development, and production activities. The company was founded by Noah Malone Mitchell in 1984 and is headquartered in Oklahoma, OK.

SandRidge Energy, Inc. (NYSE:SD ) Q3 2024 Earnings Conference Call November 7, 2024 2:00 PM ET Company Participants Scott Prestridge - Senior Vice President, Finance & Strategy Grayson Pranin - Chief Executive Officer Jonathan Frates - Chief Financial Officer Dean Parrish - Chief Operating Officer Brandon Brown - Chief Accounting Officer Conference Call Participants Kyle May - Sidoti & Company Operator Thank you for standing by, and welcome to the SandRidge Energy Third Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise.

SandRidge Energy, Inc. (SD) Q3 2024 Earnings Call Transcript

Lower production and commodity price realizations hurt SD's earnings in Q3.

SandRidge Reports Y/Y Declines in Earnings and Revenues in Q3

OKLAHOMA CITY , Nov. 6, 2024 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company" or "SandRidge") (NYSE: SD) today announced financial and operational results for the three and nine-month periods ended September 30, 2024. Recent Highlights On November 5, 2024, the Board of Directors declared a $0.11 per share cash dividend payable on November 29, 2024 to shareholders of record on November 15, 2024 On August 30, 2024, the Company closed on its previously announced acquisition of certain producing oil and natural gas properties and interest in 11 drilling spacing units ("DSUs") in the Cherokee play of the Western Anadarko Basin Completions of the four drilled uncompleted ("DUC") wells associated with the Western Anadarko Basin transaction are underway with the first well generating an initial 30-day production rate of ~1,000 Boe per day (~70 % oil) Production in September, the first month reflecting contributions from recently-acquired assets(1), averaged ~19 MBoe/d (18% oil, 52% liquids), which is a 27% increase versus 2Q24 Third quarter net income was $25.5 million, or $0.69 per basic share.

SANDRIDGE ENERGY, INC. ANNOUNCES FINANCIAL AND OPERATING RESULTS FOR THE THREE AND NINE-MONTH PERIODS ENDED SEPTEMBER 30, 2024 AND DECLARES $0.11 PER SHARE CASH DIVIDEND

OKLAHOMA CITY , Nov. 4, 2024 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company" or "SandRidge") (NYSE: SD) today announced plans to release third quarter 2024 operational and financial results after the close of trading on Wednesday, November 6, 2024. SandRidge will host a conference call on Thursday, November 7, 2024 at 1:00 p.m.

SANDRIDGE ENERGY, INC. ANNOUNCES THIRD QUARTER 2024 OPERATIONAL AND FINANCIAL RESULTS RELEASE DATE AND CONFERENCE CALL INFORMATION

SandRidge provided guidance for approximately $33 million in 2H 2024 capex, up from $3 million in 1H 2024 capex. It is planning on completing 4 DUCs and starting up to three gross new wells in the Western Anadarko Basin. The extra spend will help SandRidge's 2025 results, but also reduce its 2H 2024 free cash flow to around $16 million at the current strip.

SandRidge Energy Plans To Invest In Cherokee Development

OKLAHOMA CITY , Oct. 1, 2024 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company" or "SandRidge") (NYSE: SD) today announced changes to the Board and Management that will further position the Company to execute on its strategy. Vincent ("Vince") Intrieri has been appointed by the Board, by recommendation of the Nominating and Governance Committee, as Chairman effective October 1, 2024.

SANDRIDGE ENERGY, INC. ANNOUNCES APPOINTMENT OF VINCENT INTRIERI AS CHAIRMAN OF THE BOARD AND JONATHAN FRATES AS CHIEF FINANCIAL OFFICER

OKLAHOMA CITY , Sept. 3, 2024 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company" or "SandRidge") (NYSE: SD) today announced the closing of its previously announced acquisition of certain producing assets and leasehold interests in the Cherokee play of the Western Anadarko Basin for $144 million, before customary purchase price adjustments.

SANDRIDGE ENERGY, INC. ANNOUNCES CLOSING OF WESTERN ANADARKO BASIN ACQUISITION AND UPDATES FULL-YEAR 2024 GUIDANCE

SandRidge Energy, Inc. (NYSE:SD ) Q2 2024 Earnings Conference Call August 8, 2024 2:00 PM ET Company Participants Scott Prestridge – Senior Vice President of Finance and Strategy Grayson Pranin – Chief Executive Officer Brandon Brown – Chief Financial Officer Dean Parrish – Chief Operating Officer Conference Call Participants Jesús León – Castañar Investment Operator Hello and welcome to the SandRidge Energy Conference Call. All lines have been placed on mute to prevent any background noise.

SandRidge Energy, Inc. (SD) Q2 2024 Earnings Call Transcript

Lower production volumes and reduced realized prices for natural gas hurt SandRidge Energy's (SD) earnings in Q2.

SandRidge Energy (SD) Earnings & Revenues Decline Y/Y in Q2

OKLAHOMA CITY , Aug. 7, 2024 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company" or "SandRidge") (NYSE: SD) today announced financial and operational results for the three and six-month periods ended June 30, 2024. Recent Highlights On August 6, 2024, the Board of Directors declared a $0.11 per share cash dividend payable on August 30, 2024 to shareholders of record on August 16, 2024 On July 29, 2024, the Company announced the entry into a purchase and sale agreement to acquire certain producing assets and leasehold interest in the Cherokee play of the Western Anadarko Basin for cash consideration of $144 million, before customary closing adjustments Second quarter net income was $8.8 million, or $0.24 per basic share.

SANDRIDGE ENERGY, INC. ANNOUNCES FINANCIAL AND OPERATING RESULTS FOR THE THREE AND SIX-MONTH PERIODS ENDED JUNE 30, 2024 AND DECLARES $0.11 PER SHARE CASH DIVIDEND

OKLAHOMA CITY, Aug. 6, 2024 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company" or "SandRidge") (NYSE: SD) today announced plans to release second quarter 2024 operational and financial results after the close of trading on Wednesday, August 7, 2024. SandRidge will host a conference call on Thursday, August 8, 2024 at 1:00 p.m.

SANDRIDGE ENERGY, INC. ANNOUNCES SECOND QUARTER 2024 OPERATIONAL AND FINANCIAL RESULTS RELEASE DATE AND CONFERENCE CALL INFORMATION

OKLAHOMA CITY , July 29, 2024 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company" or "SandRidge") (NYSE: SD) today announced the entry into a definitive agreement to acquire certain producing assets and leasehold interests in the Cherokee play of the Western Anadarko Basin for cash consideration of $144 million, before customary purchase price adjustments. The Company also entered into a Joint Development Agreement ("JDA") governing its participation in the future development of certain of the acquired leasehold interests.

SANDRIDGE ENERGY, INC. ANNOUNCES ENTRY INTO DEFINITIVE AGREEMENT TO ACQUIRE ASSETS IN THE WESTERN ANADARKO BASIN AND ENTRY INTO JOINT DEVELOPMENT AGREEMENT

OKLAHOMA CITY--(BUSINESS WIRE)-- #ClassActionSettlement--Federman & Sherwood Announces Preliminary Approval of Settlement in Sandridge Energy, Inc. Class Action.

Federman & Sherwood Announces Preliminary Approval of Settlement in Sandridge Energy, Inc. Class Action

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OKLAHOMA CITY, Okla. , May 7, 2024 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company" or "SandRidge") (NYSE: SD) today announced financial and operational results for the three-month period ended March 31, 2024.

SANDRIDGE ENERGY, INC. ANNOUNCES FINANCIAL AND OPERATING RESULTS FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2024 AND DECLARES $0.11 PER SHARE CASH DIVIDEND

OKLAHOMA CITY, May 6, 2024 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company" or "SandRidge") (NYSE: SD) today announced plans to release first quarter 2024 operational and financial results after the close of trading on Tuesday, May 7, 2024. SandRidge will host a conference call on Wednesday, May 8, 2024 at 10:00 a.m.

SANDRIDGE ENERGY, INC. ANNOUNCES FIRST QUARTER 2024 OPERATIONAL AND FINANCIAL RESULTS RELEASE DATE AND CONFERENCE CALL INFORMATION

SandRidge Energy is a small, independent oil and natural gas company with properties in Oklahoma and Kansas. The company has a strong financial position with no debt, significant cash reserves, and low tax exposure. SD stock has a new focus on capital allocation, with a recent history of special dividends and a potential for share repurchases or M&A activity.

SandRidge Energy: Buying Value, Income And Safety

OKLAHOMA CITY, April 3, 2024 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company" or "SandRidge") (NYSE: SD) today announced that Dean Parrish has been appointed to serve as the Company's Senior Vice President and Chief Operating Officer effective April 1, 2024. Mr. Parrish, age 36, has worked at the Company since January 2012 starting as a Senior Production Engineer until June 2015.

CHIEF OPERATING OFFICER PROMOTION STRENGTHENS SANDRIDGE'S EXECUTIVE LEADERSHIP TEAM

SandRidge Energy, Inc. (SD) Q4 2023 Earnings Call Transcript

OKLAHOMA CITY , March 6, 2024 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company" or "SandRidge") (NYSE:SD) today announced financial and operational results for the quarter and fiscal year ended December 31, 2023. Recent Highlights On March 5, 2024, the Board of Directors declared a $0.11 per share cash dividend payable on March 29, 2024 to shareholders of record on March 15, 2024 Generated net income of $60.9 million, or $1.65 per basic share in 2023.

SANDRIDGE ENERGY, INC. ANNOUNCES FINANCIAL AND OPERATING RESULTS FOR THE QUARTER AND YEAR ENDED DECEMBER 31, 2023, $0.11 PER SHARE CASH DIVIDEND, AND 2024 GUIDANCE

OKLAHOMA CITY , March 4, 2024 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company" or "SandRidge") (NYSE: SD) today announced plans to release fourth quarter and full year 2023 operational and financial results after the close of trading on Wednesday, March 6, 2024. SandRidge will host a conference call on Thursday, March 7, 2024 at 10:00 a.m.

SANDRIDGE ENERGY, INC. ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 OPERATIONAL AND FINANCIAL RESULTS RELEASE DATE AND CONFERENCE CALL INFORMATION

SandRidge Energy has announced a one-time dividend of $1.5 per share and an increase in the quarterly dividend to $0.11 per share. The company's strong cash position and improvements in cash reservation have allowed for these distributions. SD is an oil and gas company focused on the Mid-Continent region, and its valuation presents a significant value opportunity.

SandRidge Energy: Operations Improvements In Market Turbulence

SandRidge Energy recently increased its dividend and announced a one-time dividend of $1.5 per share, indicating a focus on shareholder value. The company has the potential for inorganic growth due to its cash reserves and net operating losses (NOLs). SandRidge Energy appears undervalued, with a low price-to-free cash flow ratio and a healthy balance sheet.

SandRidge: 10% Dividend Increase, Artificial Lift, And Cheap At 3x FCF

OKLAHOMA CITY , Jan. 16, 2024 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company") today announced that its Board of Directors (the "Board") has (1) declared a one-time dividend of $1.50 per share (for a total payout of approximately $55 million) and (2) planned an on-going quarterly dividend increase to $0.11 per share, increased from the current $0.10 per share starting with the next quarterly payout.   The one-time $1.50 per share dividend will be payable on February 20, 2024 to shareholders of record on February 5, 2024.

SANDRIDGE ENERGY, INC. ANNOUNCES ONE-TIME $1.50 PER SHARE DIVIDEND AND A 10% INCREASE TO ITS ON-GOING QUARTERLY DIVIDEND TO $0.11 PER SHARE FROM THE CURRENT $0.10 PER SHARE

OKLAHOMA CITY , Nov. 6, 2023 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company" or "SandRidge") (NYSE: SD) today announced financial and operational results for the three and nine-month periods ended September 30, 2023. Recent Highlights On November 2, 2023, the Company declared a $0.10 per share cash dividend payable on November 27, 2023 to shareholders of record on November 13, 2023 Third quarter net income was $18.7 million, or $0.51 per basic share.

SANDRIDGE ENERGY, INC. ANNOUNCES FINANCIAL AND OPERATING RESULTS FOR THE THREE AND NINE-MONTH PERIODS ENDED SEPTEMBER 30, 2023, DECLARES $0.10 PER SHARE CASH DIVIDEND, AND PROVIDES CONFERENCE CALL INFORMATION

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