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Sandridge Energy Inc   (SD)
Other Ticker:  
 
    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy
 
Price: $13.8900 $0.10 0.725%
Day's High: $13.92 Week Perf: 3.81 %
Day's Low: $ 13.68 30 Day Perf: 13.02 %
Volume (M): 529 52 Wk High: $ 17.80
Volume (M$): $ 7,352 52 Wk Avg: $14.75
Open: $13.68 52 Wk Low: $11.51



 Market Capitalization (Millions $) 515
 Shares Outstanding (Millions) 37
 Employees 509
 Revenues (TTM) (Millions $) 149
 Net Income (TTM) (Millions $) 61
 Cash Flow (TTM) (Millions $) -4
 Capital Exp. (TTM) (Millions $) 26

Sandridge Energy Inc

SandRidge Energy, Inc. is an oil and natural gas company with a principal focus on exploration and production activities in the Mid-Continent and Rockies regions of the United States.

Complementary Operating Areas. Our primary areas of operation are the Mid-Continent area of Oklahoma and Kansas and the Niobrara Shale in the Colorado Rockies. In the Mid-Continent, we are able to (i) leverage technical expertise in the interpretation of geological and operational opportunities, (ii) take advantage of investments in infrastructure including electrical infrastructure and saltwater gathering and disposal systems and (iii) opportunistically grow our holdings through acquisitions, farmouts and operations in this area to achieve production and reserve growth. We are developing a proven oil resource play on our Rockies acreage similar to that being developed by industry in Colorado’s DJ Basin, as both areas draw from the oil rich Niobrara Shale. We will continue to apply our core competencies in developing medium depth formations in the Rockies by deploying our expertise in multi-stage fracture stimulation, artificial lift and extended and multi-lateral horizontal wellbore designs. Additionally, as operator of a majority of our wells, we can further apply competitive advantages to deliver strong, sustainable returns.

Mississippian Formation. The Mississippian formation is an expansive carbonate hydrocarbon system located on the Anadarko Shelf in northern Oklahoma and southern Kansas, and is a key target for exploration and development within the Mid-Continent. The top of this formation is encountered between approximately 4,000 and 7,000 feet and lies stratigraphically between various formations of Pennsylvanian age and the Devonian-aged Woodford Shale formation. The Mississippian formation can reach 1,000 feet in gross thickness and have targeted porosity zone(s) ranging between 20 and 150 feet in thickness.

 

The estimates of oil, natural gas and NGL reserves in this report are based on reserve reports, which were largely prepared by independent petroleum engineers. To achieve reasonable certainty, the Company’s reservoir engineers relied on technologies that have been demonstrated to yield results with consistency and repeatability. The technologies and economic data used to estimate our proved reserves include, but are not limited to, well logs, geological maps, seismic data, well test data, production data, historical price and cost information and property ownership interests. This data was reviewed by various levels of management for accuracy, before consultation with independent petroleum engineers. Such consultation included review of properties, assumptions and any new data available. The Corporate Reservoir department’s internal reserves estimates and methodologies were compared to those prepared by independent petroleum engineers to test the reserves estimates and conclusions before the reserves estimates were included in this report.




   Company Address: 1 E. Sheridan Ave, Suite 500 Oklahoma City 73104 OK
   Company Phone Number: 429-5500   Stock Exchange / Ticker: NYSE SD
   


Customers Net Income grew by SD's Customers Net Profit Margin grew to

147.84 %

5.07 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CHKEW     
EOG        2.26% 
EQT   -3.24%    
OXY        3.37% 
PXD        3.52% 
SWN   -0.14%    
• View Complete Report
   



Sandridge Energy Inc

Sandridge Energy Inc Reveals Unexpected Revenue Drop for Q2 2023, Despite Trading Above 52-Week Low

During the past 5 trading days, Sandridge Energy Inc shares experienced a decrease of -1.26%. This brings the year-to-date performance to 3.19%. However, it is worth noting that the company's shares are still trading 30.6% above its 52-week low.
Looking at the financial results for the second quarter of 2023, it is clear that Sandridge Energy Inc has faced some challenges. The company's income per share took a significant dive, dropping by -65.38% from $1.30 per share to $0.45 per share compared to the same period the previous year. Additionally, the company's income faded by -29.69% from $0.64 per share from the preceding quarter.

Sandridge Energy Inc

Sandridge Energy Inc. Faces Alarming EPS Deterioration as Financial Results for Q1 2023 Roll In

Sandridge Energy Inc. is an American independent oil and natural gas company, specializing in the exploration, development, and production of oil and natural gas in the United States. The company operates primarily in the Mid-Continent and Western regions in the United States, with a focus on the Mississippian formation. Sandridge Energy Inc. has been in operation since 2006 and has now become a significant player in the oil and gas industry in the United States.
Sandridge Energy Inc. has recently released its financial report for the first quarter of 2023. It reported a return on equity (ROE) of 45.93%, a remarkable improvement from SD's average return on equity of -106.54%. The ROE was also higher than the industry average. However, compared to the previous quarter, the ROE had fallen, despite the net income growth of 45.93%.






 

Sandridge Energy Inc's Segments
 
 
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  Company Estimates  
  Revenue Outlook
Sandridge Energy Inc does not provide revenue guidance.

Earnings Outlook
Sandridge Energy Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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