SandRidge Energy Management

Management criteria checks 3/4

SandRidge Energy's CEO is Grayson Pranin, appointed in Jul 2021, has a tenure of 2.75 years. total yearly compensation is $720.41K, comprised of 45.1% salary and 54.9% bonuses, including company stock and options. directly owns 0.35% of the company’s shares, worth €1.74M. The average tenure of the management team and the board of directors is 0.6 years and 5.8 years respectively.

Key information

Grayson Pranin

Chief executive officer

US$720.4k

Total compensation

CEO salary percentage	45.1%
CEO tenure	2.8yrs
CEO ownership	0.3%
Management average tenure	less than a year
Board average tenure	5.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Grayson Pranin's remuneration changed compared to SandRidge Energy's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	US$61m
Sep 30 2023	n/a	n/a	US$164m
Jun 30 2023	n/a	n/a	US$199m
Mar 31 2023	n/a	n/a	US$231m
Dec 31 2022	US$720k	US$325k	US$242m
Sep 30 2022	n/a	n/a	US$174m
Jun 30 2022	n/a	n/a	US$149m
Mar 31 2022	n/a	n/a	US$116m
Dec 31 2021	US$3m	US$296k	US$117m

Compensation vs Market: Grayson's total compensation ($USD720.41K) is about average for companies of similar size in the German market ($USD1.02M).

Compensation vs Earnings: Grayson's compensation has been consistent with company performance over the past year.

CEO

Grayson Pranin (42 yo)

2.8yrs

Tenure

US$720,406

Compensation

Mr. Grayson R. Pranin. Jr. serves as President, Chief Executive Officer of SandRidge Energy, Inc. since July 16, 2021 and served as its Chief Operating Officer since March 03, 2021. He was Senior Vice Pres...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Grayson Pranin	President & CEO	2.8yrs	US$720.41k	0.35% $ 1.7m
Brandon Brown	Senior VP & CFO	less than a year	no data	0.0082% $ 41.1k
Dean Parrish	Senior VP & COO	no data	no data	0.064% $ 320.1k
Scott Prestridge	SVP of Finance & Strategy	no data	no data	no data

0.6yrs

Average Tenure

Experienced Management: SA2D's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Randolph Read	Independent Director	5.8yrs	US$106.57k	0.29% $ 1.5m
John Lipinski	Independent Director	5.8yrs	US$97.50k	0.25% $ 1.3m
Nancy Dunlap	Independent Director	1.5yrs	US$57.47k	0.036% $ 181.3k
Jonathan Frates	Independent Chairman of the Board	5.8yrs	US$118.76k	0.15% $ 731.8k
Jaffrey Firestone	Independent Director	2.9yrs	US$91.89k	0.081% $ 406.0k

5.8yrs

Average Tenure

70yo

Average Age

Experienced Board: SA2D's board of directors are considered experienced (5.8 years average tenure).

SandRidge Energy Management

Management criteria checks 3/4

Key information

Recent management updates

SandRidge Energy, Inc. Appoints Dean Parrish as Senior Vice President and Chief Operating Officer

SandRidge Energy, Inc. Announces CFO Changes, Effective September 27, 2023

Sandridge Energy, Inc. Appoints Nancy Dunlap to the Board of Directors

High number of new directors

Recent updates

SandRidge Energy, Inc. Appoints Dean Parrish as Senior Vice President and Chief Operating Officer

Full year 2023 earnings released: EPS: US$1.65 (vs US$6.59 in FY 2022)

SandRidge Energy, Inc. Provides Production Guidance for the Year 2024

SandRidge Energy, Inc. to Report Q4, 2023 Results on Mar 06, 2024

Investor sentiment deteriorates as stock falls 19%

Upcoming dividend of US$1.50 per share at 2.8% yield

Sandridge Energy, Inc. Plans to Declare Quarterly Dividend

Sandridge Energy, Inc. Plans to Declare Quarterly Dividend

Sandridge Energy, Inc. Announces Quarterly Dividend, Payable on February 20, 2024

Third quarter 2023 earnings released: EPS: US$0.51 (vs US$1.46 in 3Q 2022)

SandRidge Energy, Inc. Declares Cash Dividend, Payable on November 27, 2023

SandRidge Energy, Inc. Announces CFO Changes, Effective September 27, 2023

New minor risk - Dividend sustainability

Second quarter 2023 earnings released: EPS: US$0.45 (vs US$1.32 in 2Q 2022)

SandRidge Energy, Inc. Declares Quarterly Dividend, Payable on August 28, 2023

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) announces an Equity Buyback for $75 million worth of its shares.

Investor sentiment improves as stock rises 19%

SandRidge Energy, Inc. Announces One-Time Dividend, Payable on June 7, 2023

First quarter 2023 earnings released: EPS: US$0.65 (vs US$0.95 in 1Q 2022)

SandRidge Energy, Inc. to Report Q1, 2023 Results on May 05, 2023

Full year 2022 earnings released: EPS: US$6.59 (vs US$3.21 in FY 2021)

Investor sentiment deteriorates as stock falls 15%

Third quarter 2022 earnings released: EPS: US$1.46 (vs US$0.78 in 3Q 2021)

SandRidge Energy, Inc. to Report Q3, 2022 Results on Nov 02, 2022

Investor sentiment improved over the past week

Sandridge Energy, Inc. Appoints Nancy Dunlap to the Board of Directors

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS: US$1.32 (vs US$0.45 in 2Q 2021)

SandRidge Energy, Inc. Provides Production Guidance for the Year 2022

SandRidge Energy, Inc. to Report Q2, 2022 Results on Aug 03, 2022

SandRidge Energy, Inc.(NYSE:SD) dropped from Russell Microcap Value Index

Investor sentiment deteriorated over the past week

Robbins Geller Rudman & Dowd LLP Announces Settlement of Class Action Involving Purchasers of Sandridge Energy Inc. Common Stock

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS: US$0.95 (vs US$0.97 in 1Q 2021)

SandRidge Energy, Inc. to Report Q1, 2022 Results on May 04, 2022

Investor sentiment improved over the past week

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

SandRidge Energy, Inc. to Report Q4, 2021 Results on Mar 09, 2022

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings released: EPS US$0.78 (vs US$1.36 loss in 3Q 2020)

Sandridge Energy, Inc. Updates Production Guidance for the Year 2021

Second quarter 2021 earnings released: EPS US$0.45 (vs US$6.06 loss in 2Q 2020)

SandRidge Energy, Inc. (NYSE:SD) announces an Equity Buyback for $25 million worth of its shares.

High number of new directors

Independent Director Jonathan Christodoro has left the company

First quarter 2021 earnings released: EPS US$0.97 (vs US$0.36 loss in 1Q 2020)

Full year 2020 earnings released: US$7.77 loss per share (vs US$12.68 loss in FY 2019)

New 90-day high: €4.36

Gondola Resources, LLC completed the acquisition of North Park Basin Assets from SandRidge Energy, Inc. (NYSE:SD).

New 90-day high: €3.06

Gondola Resources, LLC entered into a definitive agreement to acquire Oil and Gas interests in the North Park Basin in Colorado from SandRidge Energy, Inc. (NYSE:SD) for $47 million.

New 90-day high: €2.62

New 90-day high: €1.68

Third quarter 2020 earnings released: US$1.37 loss per share

New 90-day high: €1.67

SandRidge Energy, Inc.(NYSE:SD) dropped from S&P Global BMI Index

SandRidge Energy, Inc.(NYSE:SD) dropped from Russell 2000 Dynamic Index

SandRidge Energy, Inc.(NYSE:SD) dropped from Russell Small Cap Completeness Index

SandRidge Energy, Inc.(NYSE:SD) dropped from Russell 2000 Index

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members