SandRidge Q1 Earnings Rise Y/Y on Strong Production & Gas Prices |
SD posts strong Q1 results with 41% revenue growth, higher gas prices, and increased output driving earnings and free cash flow gains. |
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2025-05-15 17:51:06 |
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SandRidge Energy, Inc. (SD) Q1 2025 Earnings Call Transcript |
SandRidge Energy, Inc. (NYSE:SD ) Q1 2025 Earnings Conference Call May 8, 2025 2:00 PM ET Corporate Participants Scott Prestridge - Senior Vice President, Finance and Strategy Grayson Pranin - Chief Executive Officer Jonathan Frates - Chief Financial Officer Dean Parrish - Chief Operating Officer Brandon Brown - Chief Accounting Officer Conference Call Participants Operator Good afternoon and welcome to SandRidge Energy's First Quarter 2025 Earnings Conference Call. [Operator Instructions]. |
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2025-05-10 04:39:07 |
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SANDRIDGE ENERGY, INC. ANNOUNCES FINANCIAL AND OPERATING RESULTS FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2025 AND DECLARES $0.11 PER SHARE CASH DIVIDEND |
OKLAHOMA CITY , May 7, 2025 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company" or "SandRidge") (NYSE: SD) today announced financial and operational results for the three months ended March 31, 2025. Recent Highlights On May 5, 2025, the Board declared a cash dividend of $0.11 per share of the Company's common stock, payable on June 2, 2025 to shareholders of record on May 19, 2025 Repurchased $5.0 million of Company stock in the first quarter As of March 31, 2025, the Company had $101.1 million of cash and cash equivalents, including restricted cash Production averaged 17.9 MBoe per day during the first quarter, an increase of 17% on a Boe basis versus the same period in 2024. |
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2025-05-07 20:15:00 |
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SANDRIDGE ENERGY, INC. ANNOUNCES FIRST QUARTER 2025 OPERATIONAL AND FINANCIAL RESULTS RELEASE DATE AND CONFERENCE CALL INFORMATION |
OKLAHOMA CITY, Okla. , May 5, 2025 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company" or "SandRidge") (NYSE: SD) today announced plans to release first quarter 2025 operational and financial results after the close of trading on Wednesday, May 7, 2025. |
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2025-05-05 22:25:00 |
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SandRidge Energy: Stronger Natural Gas Prices In 2025 Helps Fund Development |
SandRidge intends to spend around $75 million on capex in 2025, up from $27 million in 2024. This is expected to slightly increase its oil production from Q4 2024 levels. SandRidge is projected to generate $28 million in free cash flow at the current strip. |
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2025-03-14 14:13:17 |
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SandRidge Energy (SD) Q4 2024 Earnings Call Transcript |
SandRidge Energy (NYSE:SD ) Q4 2024 Earnings Conference Call March 11, 2025 2:00 PM ET Company Participants Scott Prestridge – Senior Vice President, Finance and Strategy Grayson Pranin – Chief Executive Officer Jonathan Frates – Chief Financial Officer Dean Parrish – Chief Operating Officer Brandon Brown – Chief Accounting Officer Conference Call Participants Christopher Dowd – Third Avenue Management Sergey Pigarev – Freedom Broker Operator Good afternoon. My name is Audra, and I will be your conference operator today. |
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2025-03-12 15:37:28 |
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SANDRIDGE ENERGY, INC. ANNOUNCES FINANCIAL AND OPERATING RESULTS FOR THE QUARTER AND YEAR ENDED DECEMBER 31, 2024, $0.11 PER SHARE CASH DIVIDEND, AND 2025 GUIDANCE |
OKLAHOMA CITY , March 10, 2025 /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, 2024. Recent Highlights On March 7, 2025, the Board declared a cash dividend of $0.11 per share of the Company's common stock, payable on March 31, 2025 to shareholders of record on March 20, 2025 In 2024, paid $16.4 million in regular quarterly dividends and a one-time special dividend of $55.9 million As of December 31, 2024, the Company had $99.5 million of cash and cash equivalents, including restricted cash Production averaged 19.1 MBoe per day during the fourth quarter, an increase of 19% on a Boe basis versus the same period in 2023. |
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2025-03-10 18:42:00 |
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SANDRIDGE ENERGY, INC. ANNOUNCES FOURTH QUARTER AND FULL YEAR 2024 OPERATIONAL AND FINANCIAL RESULTS RELEASE DATE AND CONFERENCE CALL INFORMATION |
OKLAHOMA CITY , March 10, 2025 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company" or "SandRidge") (NYSE: SD) today announced plans to release fourth quarter and full year 2024 operational and financial results after the close of trading on Monday, March 10, 2025. SandRidge will host a conference call on Tuesday, March 11, 2025 at 1:00 p.m. |
prnewswire.com |
2025-03-10 10:30:00 |
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SandRidge Energy: Still A Natural Gas Play |
SandRidge Energy has a strong financial position with substantial cash reserves and no long-term debt. The recent Anadarko acquisition, funded by cash, is expected to be accretive and increase the percentage of oil produced. The acquisition's proximity to existing operations minimizes risks. |
seekingalpha.com |
2025-01-27 15:15:17 |
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SandRidge Energy: Oil Production Increases By Around 70% After Western Anadarko Deal Closes |
SandRidge's legacy asset production increased by 7% in July/August compared to Q2 2024. This was primarily driven by NGL volumes boosted by ethane recovery, although oil volumes were still up marginally, halting previous declining trends. September production volumes only increased by around 3,000 BOEPD compared to July/August despite adding assets that previously produced around 6,000 BOEPD. |
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2025-01-04 01:46:06 |
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SandRidge Energy, Inc. (SD) Q3 2024 Earnings Call Transcript |
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. |
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2024-11-07 18:12:30 |
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SandRidge Reports Y/Y Declines in Earnings and Revenues in Q3 |
Lower production and commodity price realizations hurt SD's earnings in Q3. |
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2024-11-07 15:40:19 |
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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. 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. |
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2024-11-06 20:00:00 |
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SANDRIDGE ENERGY, INC. ANNOUNCES THIRD QUARTER 2024 OPERATIONAL AND FINANCIAL RESULTS RELEASE DATE AND CONFERENCE CALL INFORMATION |
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. |
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2024-11-04 10:30:00 |
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SandRidge Energy Plans To Invest In Cherokee Development |
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. |
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2024-10-29 13:46:00 |
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SANDRIDGE ENERGY, INC. ANNOUNCES APPOINTMENT OF VINCENT INTRIERI AS CHAIRMAN OF THE BOARD AND JONATHAN FRATES AS CHIEF FINANCIAL OFFICER |
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. |
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2024-10-01 21:30:00 |
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SANDRIDGE ENERGY, INC. ANNOUNCES CLOSING OF WESTERN ANADARKO BASIN ACQUISITION AND UPDATES FULL-YEAR 2024 GUIDANCE |
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. |
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2024-09-03 12:30:00 |
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SandRidge Energy, Inc. (SD) Q2 2024 Earnings Call Transcript |
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. |
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2024-08-08 20:18:02 |
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SandRidge Energy (SD) Earnings & Revenues Decline Y/Y in Q2 |
Lower production volumes and reduced realized prices for natural gas hurt SandRidge Energy's (SD) earnings in Q2. |
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2024-08-08 16:15:22 |
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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. 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. |
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2024-08-07 20:28:00 |
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SANDRIDGE ENERGY, INC. ANNOUNCES SECOND QUARTER 2024 OPERATIONAL AND FINANCIAL RESULTS RELEASE DATE AND CONFERENCE CALL INFORMATION |
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. |
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2024-08-06 23:47:00 |
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SANDRIDGE ENERGY, INC. ANNOUNCES ENTRY INTO DEFINITIVE AGREEMENT TO ACQUIRE ASSETS IN THE WESTERN ANADARKO BASIN AND ENTRY INTO JOINT DEVELOPMENT AGREEMENT |
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. |
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2024-07-29 20:20:00 |
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Federman & Sherwood Announces Preliminary Approval of Settlement in Sandridge Energy, Inc. Class Action |
OKLAHOMA CITY--(BUSINESS WIRE)-- #ClassActionSettlement--Federman & Sherwood Announces Preliminary Approval of Settlement in Sandridge Energy, Inc. Class Action. |
businesswire.com |
2024-06-25 18:22:00 |
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Undercovered Dozen June 14-20: Bank of America Preferreds, Cisco, Matterport, And More |
The 'Undercovered' Dozen highlights twelve ideas from the previous week on stocks with limited coverage. A third of the ideas this week are rated Strong Buys. Two-thirds of the picks this week are bullish. Analysis of Sandridge Energy, a Nasdaq 100 ETF, private credit with Blue Owl Capital, NEOS S&P 500 High Income ETF, and Canadian Net REIT are included. |
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2024-06-21 17:30:01 |
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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, 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. |
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2024-05-07 20:16:00 |
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SANDRIDGE ENERGY, INC. ANNOUNCES FIRST QUARTER 2024 OPERATIONAL AND FINANCIAL RESULTS RELEASE DATE AND CONFERENCE CALL INFORMATION |
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. |
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2024-05-06 12:30:00 |
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SandRidge Energy: Buying Value, Income And Safety |
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. |
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2024-04-05 08:56:44 |
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CHIEF OPERATING OFFICER PROMOTION STRENGTHENS SANDRIDGE'S EXECUTIVE LEADERSHIP TEAM |
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. |
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2024-04-03 20:30:00 |
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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 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. |
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2024-03-06 18:31:00 |
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