Annuncio • May 05
SandRidge Energy, Inc. to Report Q1, 2026 Results on May 06, 2026 SandRidge Energy, Inc. announced that they will report Q1, 2026 results After-Market on May 06, 2026 Annuncio • Apr 28
SandRidge Energy, Inc., Annual General Meeting, Jun 10, 2026 SandRidge Energy, Inc., Annual General Meeting, Jun 10, 2026. Location: the renaissance oklahoma city , downtown bricktown hotel-warehouse room 2nd flr, 100 east sheridan avenue, oklahoma 73104, oklahoma United States Annuncio • Mar 03
SandRidge Energy, Inc. to Report Q4, 2025 Results on Mar 04, 2026 SandRidge Energy, Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Mar 04, 2026 Annuncio • Nov 06
Sandridge Energy, Inc. Declares Cash Dividend, Payable on November 28, 2025 On November 4, 2025, the Board of SandRidge Energy, Inc. declared a dividend of $0.12 per share of the Company's common stock, which stockholders can elect to receive in cash or additional shares of common stock by enrolling in previously announced Dividend Reinvestment Plan, payable on November 28, 2025 to stockholders of record on November 14, 2025. Annuncio • Nov 05
SandRidge Energy, Inc. to Report Q3, 2025 Results on Nov 05, 2025 SandRidge Energy, Inc. announced that they will report Q3, 2025 results After-Market on Nov 05, 2025 Annuncio • Aug 07
SandRidge Energy, Inc. Declares Dividend, Payable on September 29, 2025 On August 5, 2025, SandRidge Energy, Inc. Board declared a $0.12 per share dividend, an increase of 9%, of the Company's common stock, payable on September 29, 2025 to shareholders of record on September 22, 2025. Annuncio • Aug 04
SandRidge Energy, Inc. to Report Q2, 2025 Results on Aug 06, 2025 SandRidge Energy, Inc. announced that they will report Q2, 2025 results After-Market on Aug 06, 2025 Annuncio • Jul 23
SandRidge Energy, Inc. Announces Appointment of Brett Icahn to the Board of Directors, Effective August 1, 2025 SandRidge Energy, Inc. announced that Brett Icahn will become a director of the Company effective August 1, 2025, increasing the Board size to six members. Brett Icahn (age 45) is a respected American investor and portfolio manager, currently serving as a member of the board of Icahn Enterprises L.P. and a Portfolio Manager at Icahn Capital LP, a subsidiary of Icahn Enterprises. Icahn Enterprises is a diversified holding company engaged in a wide range of sectors, including investment, automotive, energy, food packaging, metals, real estate, and home fashion. Since October 2020, Mr. Icahn has played a leading role in managing the investment strategy for Icahn Capital. Prior to that, from 2017 to 2020, he served as a consultant to Icahn Enterprises, where he provided exclusive investment advice to Carl C. Icahn, focusing on capital allocation across the firm's operating subsidiaries and investment portfolio. In addition to the board of Icahn Enterprises L.P., Mr. Icahn currently serves on the board of Bausch Health Companies Inc. (since March 2021), and on the board of Bausch + Lomb Corporation (since June 2022). In the last five years, Mr. Icahn has previously served on the boards of Dana Inc. and Newell Brands Inc. Prior to then, Mr. Icahn has previously served on the boards of American Railcar Industries, Inc., Cadus Corporation, Nuance Communications, Inc., Take-Two Interactive Software Inc., The Hain Celestial Group, Inc., and Voltari Corporation (previously known as Motricity Inc.). Known for his analytical rigor and long-term investment perspective, Brett Icahn has played a key role in numerous high-profile investment decisions and activist campaigns. His career reflects a deep commitment to shareholder value and responsible corporate governance. Annuncio • May 08
SandRidge Energy, Inc. Declares quarterly Cash Dividend, Payable on June 2, 2025 SandRidge Energy, Inc. announced On May 5, 2025, the Board quarterly 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. Annuncio • May 06
SandRidge Energy, Inc. to Report Q1, 2025 Results on May 07, 2025 SandRidge Energy, Inc. announced that they will report Q1, 2025 results After-Market on May 07, 2025 Annuncio • Apr 29
SandRidge Energy, Inc., Annual General Meeting, Jun 11, 2025 SandRidge Energy, Inc., Annual General Meeting, Jun 11, 2025. Location: the renaissance oklahoma city, downtowm bricktown hotel warehouse room 2nd flr, 100 east sheridan avenue, oklahoma 73104, oklahoma city United States Annuncio • Mar 10
SandRidge Energy, Inc. to Report Q4, 2024 Results on Mar 10, 2025 SandRidge Energy, Inc. announced that they will report Q4, 2024 results on Mar 10, 2025 Declared Dividend • Nov 10
Dividend of US$0.11 announced Shareholders will receive a dividend of US$0.11. Ex-date: 15th November 2024 Payment date: 29th November 2024 Dividend yield will be 16%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (34% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 61% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Nov 08
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 38% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (38% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (39% net profit margin). Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: US$0.69 (vs US$0.51 in 3Q 2023) Third quarter 2024 results: EPS: US$0.69 (up from US$0.51 in 3Q 2023). Revenue: US$30.1m (down 21% from 3Q 2023). Net income: US$25.5m (up 37% from 3Q 2023). Profit margin: 85% (up from 49% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Annuncio • Nov 07
Sandridge Energy, Inc. Declares Cash Dividend, Payable on November 29, 2024 On November 5, 2024, the Board of Directors of SandRidge Energy, Inc. declared a $0.11 per share cash dividend payable on November 29, 2024 to shareholders of record on November 15, 2024. Annuncio • Nov 04
SandRidge Energy, Inc. to Report Q3, 2024 Results on Nov 06, 2024 SandRidge Energy, Inc. announced that they will report Q3, 2024 results After-Market on Nov 06, 2024 Annuncio • Sep 04
SandRidge Energy, Inc. Updates Production Guidance for the Full Year 2024 SandRidge Energy, Inc. updated production guidance for the full year 2024. For the year, the company now expects Total Liquids production of 2.4 MMBbls to 3.0 MMBbls against previous forecast of 2.0 MMBbls to 2.6 MMBbls. Total production expected to be 5.4 MMBoe to 6.4 MMBoe against previous forecast of 4.7 MMBoe to 5.9 MMBoe. Declared Dividend • Aug 12
Dividend of US$0.11 announced Shareholders will receive a dividend of US$0.11. Ex-date: 16th August 2024 Payment date: 30th August 2024 Dividend yield will be 16%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (27% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to decline by 57% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.1% EPS decline seen over the last 5 years. Reported Earnings • Aug 08
Second quarter 2024 earnings released: EPS: US$0.24 (vs US$0.45 in 2Q 2023) Second quarter 2024 results: EPS: US$0.24 (down from US$0.45 in 2Q 2023). Revenue: US$26.0m (down 22% from 2Q 2023). Net income: US$8.79m (down 47% from 2Q 2023). Profit margin: 34% (down from 50% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is expected to decline by 3.3% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 39%. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Aug 07
SandRidge Energy, Inc. to Report Q2, 2024 Results on Aug 07, 2024 SandRidge Energy, Inc. announced that they will report Q2, 2024 results After-Market on Aug 07, 2024 Annuncio • Jun 26
Federman & Sherwood Announces Preliminary Approval of Settlement in Sandridge Energy, Inc. Class Action Federman & Sherwood announced that the Court has entered an Order granting preliminary approval to a proposed settlement in the class action against Sandridge Energy, Inc., styled Granado v. Sandridge Energy, Inc., United States District Court for the Western District of Oklahoma, Case No. 22-cv-516. The deadline to submit a claim form is August 19, 2024. Declared Dividend • May 13
Dividend of US$0.11 announced Shareholders will receive a dividend of US$0.11. Ex-date: 16th May 2024 Payment date: 31st May 2024 Dividend yield will be 14%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (24% earnings payout ratio) but not covered by cash flows (116% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • May 08
First quarter 2024 earnings released: EPS: US$0.30 (vs US$0.65 in 1Q 2023) First quarter 2024 results: EPS: US$0.30 (down from US$0.65 in 1Q 2023). Revenue: US$30.3m (down 30% from 1Q 2023). Net income: US$11.1m (down 53% from 1Q 2023). Profit margin: 37% (down from 55% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 45% per year whereas the company’s share price has increased by 47% per year. Annuncio • Apr 04
SandRidge Energy, Inc. Appoints Dean Parrish as Senior Vice President and Chief Operating Officer SandRidge Energy, Inc. 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. Mr. Parrish served as the Company's Operating Manager in February 2020 and became the Vice President of Operations in March 2021. On March 13, 2022, Mr. Parrish was promoted to Senior Vice President, Operations. Prior to joining the Company in January 2012, Mr. Parrish was employed at EXCO Resources, Inc. as a Production Engineer. Mr. Parrish earned his Bachelor of Science in Petroleum Engineering from the University of Oklahoma. Reported Earnings • Mar 10
Full year 2023 earnings released: EPS: US$1.65 (vs US$6.59 in FY 2022) Full year 2023 results: EPS: US$1.65 (down from US$6.59 in FY 2022). Revenue: US$148.6m (down 42% from FY 2022). Net income: US$60.9m (down 75% from FY 2022). Profit margin: 41% (down from 95% in FY 2022). The decrease in margin was primarily driven by higher expenses. Oil reserves Proven reserves: 7.057 MMbbls Gas reserves Proven reserves: 194.433 Bcf LNG reserves Proven reserves: 16.215 MMbbls Combined production Oil equivalent production: 6.152 MMboe (6.463 MMboe in FY 2022) Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 50% per year, which means it is significantly lagging earnings growth. Annuncio • Mar 05
SandRidge Energy, Inc. to Report Q4, 2023 Results on Mar 06, 2024 SandRidge Energy, Inc. announced that they will report Q4, 2023 results After-Market on Mar 06, 2024 Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to €10.93, the stock trades at a trailing P/E ratio of 2.7x. Average trailing P/E is 15x in the Oil and Gas industry in Germany. Total returns to shareholders of 229% over the past three years. Upcoming Dividend • Jan 26
Upcoming dividend of US$1.50 per share at 2.8% yield Eligible shareholders must have bought the stock before 02 February 2024. Payment date: 20 February 2024. Payout ratio is a comfortable 2.2% but the company is paying out more than the cash it is generating. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (3.2%). Annuncio • Jan 19
Sandridge Energy, Inc. Plans to Declare Quarterly Dividend SandRidge Energy, Inc. announced that it currently plans to increase its on-going quarterly dividend to $0.11 per share starting with the next quarterly payout, estimated to be first paid in March 2024, continuing every quarter thereafter until noticed. Annuncio • Jan 18
Sandridge Energy, Inc. Announces One-Time Dividend, Payable on February 20, 2024 SandRidge Energy, Inc. 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), The one-time $1.50 per share dividend will be payable on February 20, 2024 to shareholders of record on February 5, 2024. Reported Earnings • Nov 08
Third quarter 2023 earnings released: EPS: US$0.51 (vs US$1.46 in 3Q 2022) Third quarter 2023 results: EPS: US$0.51 (down from US$1.46 in 3Q 2022). Revenue: US$38.1m (down 46% from 3Q 2022). Net income: US$18.7m (down 65% from 3Q 2022). Profit margin: 49% (down from 76% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 84% per year, which means it is significantly lagging earnings growth. Annuncio • Nov 07
SandRidge Energy, Inc. Declares Cash Dividend, Payable on November 27, 2023 SandRidge Energy, Inc. the Board of Directors of the Company declared a $0.10 per share cash dividend payable on November 27, 2023 to shareholders of record on November 13, 2023. New Risk • Aug 04
New minor risk - Dividend sustainability The company has a short dividend paying track record. Less than a year of continuous dividend payments. Dividend yield: 2.5% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (59% accrual ratio). Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Share price has been volatile over the past 3 months (7.9% average weekly change). Reported Earnings • Aug 03
Second quarter 2023 earnings released: EPS: US$0.45 (vs US$1.32 in 2Q 2022) Second quarter 2023 results: EPS: US$0.45 (down from US$1.32 in 2Q 2022). Revenue: US$33.4m (down 52% from 2Q 2022). Net income: US$16.6m (down 66% from 2Q 2022). Profit margin: 50% (down from 70% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 120% per year whereas the company’s share price has increased by 118% per year. Annuncio • Aug 03
SandRidge Energy, Inc. Declares Quarterly Dividend, Payable on August 28, 2023 On August 1, 2023, the Board of Directors of SandRidge Energy, Inc. declared a $0.10 per share cash dividend payable on August 28, 2023 to shareholders of record on August 14, 2023. Annuncio • Jul 13
SandRidge Energy, Inc. (NYSE:SD) acquired Further interest in twenty-six producing wells operated within the Northwest Stack for $11.3 million. SandRidge Energy, Inc. (NYSE:SD) acquired Further interest in twenty-six producing wells operated within the Northwest Stack for $11.3 million on April 1, 2023.SandRidge Energy, Inc. (NYSE:SD) completed the acquisition of Further interest in twenty-six producing wells operated within the Northwest Stack on April 1, 2023. Annuncio • May 16
SandRidge Energy, Inc. (NYSE:SD) announces an Equity Buyback for $75 million worth of its shares. SandRidge Energy, Inc. (NYSE:SD) announces a share repurchase program. Under the program, the company will repurchase up to $75 million worth of its common stock. The repurchases will be made with cash on hand at the Company. Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €14.90, the stock trades at a trailing P/E ratio of 2.6x. Average trailing P/E is 9x in the Oil and Gas industry in Germany. Total returns to shareholders of 914% over the past three years. Reported Earnings • May 07
First quarter 2023 earnings released: EPS: US$0.65 (vs US$0.95 in 1Q 2022) First quarter 2023 results: EPS: US$0.65 (down from US$0.95 in 1Q 2022). Revenue: US$43.1m (down 25% from 1Q 2022). Net income: US$23.8m (down 32% from 1Q 2022). Profit margin: 55% (down from 60% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 99% per year, which means it is significantly lagging earnings growth. Annuncio • May 05
SandRidge Energy, Inc. to Report Q1, 2023 Results on May 05, 2023 SandRidge Energy, Inc. announced that they will report Q1, 2023 results at 10:00 AM, Central Standard Time on May 05, 2023 Reported Earnings • Mar 17
Full year 2022 earnings released: EPS: US$6.59 (vs US$3.21 in FY 2021) Full year 2022 results: EPS: US$6.59 (up from US$3.21 in FY 2021). Revenue: US$254.3m (up 51% from FY 2021). Net income: US$242.2m (up 107% from FY 2021). Profit margin: 95% (up from 69% in FY 2021). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has increased by 151% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €12.08, the stock trades at a trailing P/E ratio of 2.9x. Average trailing P/E is 7x in the Oil and Gas industry in Germany. Total returns to shareholders of 1,192% over the past three years. Reported Earnings • Nov 04
Third quarter 2022 earnings released: EPS: US$1.46 (vs US$0.78 in 3Q 2021) Third quarter 2022 results: EPS: US$1.46 (up from US$0.78 in 3Q 2021). Revenue: US$70.9m (up 52% from 3Q 2021). Net income: US$53.7m (up 88% from 3Q 2021). Profit margin: 76% (up from 61% in 3Q 2021). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 61% per year, which means it is significantly lagging earnings growth. Annuncio • Oct 29
SandRidge Energy, Inc. to Report Q3, 2022 Results on Nov 02, 2022 SandRidge Energy, Inc. announced that they will report Q3, 2022 results After-Market on Nov 02, 2022 Valuation Update With 7 Day Price Move • Oct 07
Investor sentiment improved over the past week After last week's 16% share price gain to €19.17, the stock trades at a trailing P/E ratio of 4.8x. Average trailing P/E is 12x in the Oil and Gas industry in Germany. Total returns to shareholders of 356% over the past three years. Annuncio • Oct 07
Sandridge Energy, Inc. Appoints Nancy Dunlap to the Board of Directors SandRidge Energy, Inc. announced that Nancy Dunlap has been elected to the Company's Board of Directors. Ms. Dunlap (age 70) has served since 1999 as the private counsel and head/Chairman of the private family office of Jon S. Corzine, former New Jersey Governor and United States Senator. Ms. Dunlap has served as a director of Icahn Enterprises G.P. Inc., the general partner of Icahn Enterprises L.P., since April 2021. Ms. Dunlap was previously a director of CVR Refining, LP, an independent downstream energy limited partnership, from July 2018 to February 2019.Ms. Dunlap received a Juris Doctor from St. John's University School of Law and a Bachelor of Arts from University of Denver. Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment improved over the past week After last week's 16% share price gain to €21.51, the stock trades at a trailing P/E ratio of 5.3x. Average trailing P/E is 18x in the Oil and Gas industry in Germany. Total returns to shareholders of 452% over the past three years. Reported Earnings • Aug 04
Second quarter 2022 earnings released: EPS: US$1.32 (vs US$0.45 in 2Q 2021) Second quarter 2022 results: EPS: US$1.32 (up from US$0.45 in 2Q 2021). Revenue: US$69.8m (up 104% from 2Q 2021). Net income: US$48.5m (up 198% from 2Q 2021). Profit margin: 70% (up from 48% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth. Annuncio • Aug 04
SandRidge Energy, Inc. Provides Production Guidance for the Year 2022 SandRidge Energy, Inc. provided production guidance for the year 2022. For the year, the company expects total production to be in the range of 5.9 MMBoe to 7.1MMBoe. Annuncio • Jul 30
SandRidge Energy, Inc. to Report Q2, 2022 Results on Aug 03, 2022 SandRidge Energy, Inc. announced that they will report Q2, 2022 results After-Market on Aug 03, 2022 Annuncio • Jun 26
SandRidge Energy, Inc.(NYSE:SD) dropped from Russell Microcap Value Index SandRidge Energy, Inc.(NYSE:SD) dropped from Russell Microcap Value Index Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €20.79, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 13x in the Oil and Gas industry in Germany. Total returns to shareholders of 273% over the past three years. Annuncio • Jun 04
Robbins Geller Rudman & Dowd LLP Announces Settlement of Class Action Involving Purchasers of Sandridge Energy Inc. Common Stock All persons and entities that purchased or acquired SandRidge Energy, Inc. ("SandRidge") common stock during the period between February 24, 2011 and November 8, 2012, inclusive (the "class period"). It is hereby notified, pursuant to an Order of the United States District Court for the Western District of Oklahoma, that a hearing, which the Court may require or permit to be conducted as a telephonic hearing, will be held on October 6, 2022, at 10:00 a.m., before the Honorable Charles B. Goodwin, United States District Court for the Western District of Oklahoma, 200 NW 4th Street, Oklahoma City, OK 73102, for the purpose of determining: whether the proposed Settlement of the above-captioned litigation (the "Litigation"), as set in the Stipulation and Agreement of Settlement ("Stipulation") reached between the parties, consisting of Twenty-One Million Eight Hundred Seven Thousand Five Hundred Dollars ($21,807,500) in cash, should be approved as fair, reasonable, and adequate to the Members of the Class; whether the release by Class Members of claims as set in the Stipulation should be authorized; whether the proposed plan to distribute the settlement proceeds (the "Plan of Allocation") is fair, reasonable, and adequate; whether the application by Lead Counsel for an award of attorneys' fees, charges, and expenses and the award to Plaintiffs pursuant to 15 U.S.C. §78u-4(a) in connection with their representation of the Class should be approved; and whether the Judgment, in the form attached to the Stipulation, should be entered. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 17% share price gain to €19.26, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 14x in the Oil and Gas industry in Germany. Total returns to shareholders of 160% over the past three years. Reported Earnings • May 06
First quarter 2022 earnings released: EPS: US$0.95 (vs US$0.97 in 1Q 2021) First quarter 2022 results: EPS: US$0.95 (down from US$0.97 in 1Q 2021). Revenue: US$57.5m (up 71% from 1Q 2021). Net income: US$34.7m (flat on 1Q 2021). Profit margin: 60% (down from 104% in 1Q 2021). The decrease in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 37% per year. Annuncio • May 03
SandRidge Energy, Inc. to Report Q1, 2022 Results on May 04, 2022 SandRidge Energy, Inc. announced that they will report Q1, 2022 results After-Market on May 04, 2022 Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improved over the past week After last week's 16% share price gain to €17.14, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 21x in the Oil and Gas industry in Germany. Total returns to shareholders of 138% over the past three years. Reported Earnings • Mar 11
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$3.21 (up from US$7.77 loss in FY 2020). Revenue: US$168.9m (up 47% from FY 2020). Net income: US$116.7m (up US$394.1m from FY 2020). Profit margin: 69% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Oil reserves and sales price Proven reserves: 7.85 MMbbls Average sales price/bbl (hedged): US$65.10 Gas reserves and sales price Proven reserves: 234.731 Bcf Average sales price/mcf (hedged): US$2.51 LNG reserves and sales price Proven reserves: 24.313 MMbbls Average sales price/bbl (hedged): US$22.28 Combined production and costs Oil equivalent production: 6.793 MMboe (8.703 MMboe in FY 2020) Average production cost/Boe: US$6.76 (US$6.10/Boe in FY 2020) Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Mar 06
SandRidge Energy, Inc. to Report Q4, 2021 Results on Mar 09, 2022 SandRidge Energy, Inc. announced that they will report Q4, 2021 results After-Market on Mar 09, 2022 Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment improved over the past week After last week's 18% share price gain to €12.00, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 13x in the Oil and Gas industry in Germany. Total returns to shareholders of 74% over the past three years. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment deteriorated over the past week After last week's 19% share price decline to €8.05, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 12x in the Oil and Gas industry in Germany. Total returns to shareholders of 16% over the past three years. Valuation Update With 7 Day Price Move • Dec 05
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €8.50, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 19x in the Oil and Gas industry in Germany. Total returns to shareholders of 3.3% over the past three years. Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €10.70, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 21x in the Oil and Gas industry in Germany. Total returns to shareholders of 27% over the past three years. Reported Earnings • Nov 10
Third quarter 2021 earnings released: EPS US$0.78 (vs US$1.36 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$46.6m (up 68% from 3Q 2020). Net income: US$28.6m (up US$77.3m from 3Q 2020). Profit margin: 61% (up from net loss in 3Q 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Annuncio • Aug 12
Sandridge Energy, Inc. Updates Production Guidance for the Year 2021 SandRidge Energy, Inc. updated production guidance for the year 2021. The company has updated total production to 5.8 MMBoe - 7.1 MMBoe from previous guidance of 4.8 MMBoe - 6.2 MMBoe. Reported Earnings • Aug 11
Second quarter 2021 earnings released: EPS US$0.45 (vs US$6.06 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$34.2m (up 105% from 2Q 2020). Net income: US$16.3m (up US$232.0m from 2Q 2020). Profit margin: 48% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Annuncio • Aug 11
SandRidge Energy, Inc. (NYSE:SD) announces an Equity Buyback for $25 million worth of its shares. SandRidge Energy, Inc. (NYSE:SD) announces a share repurchase program. Under the program, the company will repurchase up to $25 million worth of its common stock. Board Change • Jul 31
High number of new directors Director Jay Firestone was the last director to join the board, commencing their role in 2021. Executive Departure • Jun 04
Independent Director Jonathan Christodoro has left the company On the 26th of May, Jonathan Christodoro's tenure as Independent Director ended after 2.9 years in the role. As of March 2021, Jonathan still personally held 62.26k shares (€49k worth at the time). A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 1.17 years, which is considered inexperienced in the Simply Wall St Risk Model. Reported Earnings • May 13
First quarter 2021 earnings released: EPS US$0.97 (vs US$0.36 loss in 1Q 2020) First quarter 2021 results: Revenue: US$33.6m (down 17% from 1Q 2020). Net income: US$35.0m (up US$47.7m from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 34 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 05
Full year 2020 earnings released: US$7.77 loss per share (vs US$12.68 loss in FY 2019) The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2020 results: Revenue: US$115.0m (down 57% from FY 2019). Net loss: US$277.4m (loss narrowed 38% from FY 2019). Oil reserves and sales price Proven reserves: 8.485 MMbbls Average sales price/bbl (hedged): US$40.10 Gas reserves and sales price Proven reserves: 102.893 Bcf Average sales price/mcf (hedged): US$0.80 LNG reserves and sales price Proven reserves: 11.245 MMbbls Average sales price/bbl (hedged): US$6.67 Combined production and costs Oil equivalent production: 8.703 MMboe (11.956 MMboe in FY 2019) Average production cost/Boe: US$6.10 (US$9.23/Boe in FY 2019) Over the last 3 years on average, earnings per share has fallen by 87% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 17
New 90-day high: €4.36 The company is up 102% from its price of €2.16 on 19 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 35% over the same period. Annuncio • Feb 09
Gondola Resources, LLC completed the acquisition of North Park Basin Assets from SandRidge Energy, Inc. (NYSE:SD). Gondola Resources, LLC entered into a Purchase and Sale Agreement to acquire North Park Basin Assets from SandRidge Energy, Inc. (NYSE:SD) for $47 million on December 11, 2020. Pursuant to the Purchase and Sale Agreement, the sale price of the Oil and Gas Interests is $47 million in cash, subject to customary post-closing adjustments. The scheduled closing of the transaction is on February 12, 2021. As of December 21, 2020, The transaction is expected to close during the first quarter of 2021. Michael J. Blankenship, Olga Loy and Jennifer Stadler of Winston & Strawn LLP acted as legal advisor to SandRidge Energy while Jefferies LLC provided a financial fairness opinion to the company. Sam Niebrugge of Davis Graham & Stubbs LLP acted as legal advisor to Gondola Resources.
Gondola Resources, LLC completed the acquisition of North Park Basin Assets from SandRidge Energy, Inc. (NYSE:SD) on February 8, 2021. Is New 90 Day High Low • Jan 06
New 90-day high: €3.06 The company is up 108% from its price of €1.47 on 08 October 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 25% over the same period. Is New 90 Day High Low • Dec 11
New 90-day high: €2.62 The company is up 94% from its price of €1.35 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 41% over the same period. Is New 90 Day High Low • Nov 07
New 90-day high: €1.68 The company is up 22% from its price of €1.38 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Oil and Gas industry, which is up 50% over the same period. Reported Earnings • Nov 06
Third quarter 2020 earnings released: US$1.37 loss per share The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2020 results: Revenue: US$27.7m (down 53% from 3Q 2019). Net loss: US$48.7m (loss narrowed 73% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 139% per year but the company’s share price has only fallen by 55% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Oct 10
New 90-day high: €1.67 The company is up 46% from its price of €1.14 on 10 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Oil and Gas industry, which is up 47% over the same period. Annuncio • Sep 21
SandRidge Energy, Inc.(NYSE:SD) dropped from S&P Global BMI Index SandRidge Energy, Inc.(NYSE:SD) dropped from S&P Global BMI Index Annuncio • Jul 05
SandRidge Energy, Inc.(NYSE:SD) dropped from Russell 2000 Dynamic Index SandRidge Energy, Inc.(NYSE:SD) dropped from Russell 2000 Dynamic Index Annuncio • Jul 03
SandRidge Energy, Inc.(NYSE:SD) dropped from Russell Small Cap Completeness Index SandRidge Energy, Inc.(NYSE:SD) dropped from Russell Small Cap Completeness Index