SandRidge Energy Past Earnings Performance
Past criteria checks 2/6
SandRidge Energy has been growing earnings at an average annual rate of 48.4%, while the Oil and Gas industry saw earnings growing at 28.9% annually. Revenues have been declining at an average rate of 10.6% per year. SandRidge Energy's return on equity is 13%, and it has net margins of 40.9%.
Key information
48.4%
Earnings growth rate
48.2%
EPS growth rate
| Oil and Gas Industry Growth | 37.3% |
| Revenue growth rate | -10.6% |
| Return on equity | 13.0% |
| Net Margin | 40.9% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How SandRidge Energy makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 149 | 61 | 11 | 0 |
| 30 Sep 23 | 171 | 164 | 10 | 0 |
| 30 Jun 23 | 204 | 199 | 10 | 0 |
| 31 Mar 23 | 240 | 231 | 10 | 0 |
| 31 Dec 22 | 254 | 242 | 9 | 0 |
| 30 Sep 22 | 253 | 174 | 10 | 0 |
| 30 Jun 22 | 228 | 149 | 10 | 0 |
| 31 Mar 22 | 193 | 116 | 10 | 0 |
| 31 Dec 21 | 169 | 117 | 10 | 0 |
| 30 Sep 21 | 145 | 80 | 10 | 0 |
| 30 Jun 21 | 126 | 2 | 10 | 0 |
| 31 Mar 21 | 108 | -230 | 12 | 0 |
| 31 Dec 20 | 115 | -277 | 15 | 0 |
| 30 Sep 20 | 145 | -526 | 18 | 0 |
| 30 Jun 20 | 175 | -659 | 22 | 0 |
| 31 Mar 20 | 234 | -457 | 28 | 0 |
| 31 Dec 19 | 267 | -449 | 32 | 0 |
| 30 Sep 19 | 292 | -146 | 34 | 0 |
| 30 Jun 19 | 331 | 47 | 37 | 0 |
| 31 Mar 19 | 336 | 27 | 43 | 0 |
| 31 Dec 18 | 349 | -9 | 47 | 0 |
| 30 Sep 18 | 353 | -82 | 56 | 0 |
| 30 Jun 18 | 333 | -102 | 67 | 0 |
| 31 Mar 18 | 336 | -45 | 70 | 0 |
| 31 Dec 17 | 357 | 47 | 75 | 0 |
| 30 Sep 17 | 350 | 2,406 | 51 | 0 |
| 30 Jun 17 | 375 | 2,010 | 60 | 0 |
| 31 Mar 17 | 390 | 1,465 | 71 | 0 |
| 31 Dec 16 | 384 | 1,090 | 126 | 0 |
| 30 Sep 16 | 428 | -1,914 | 163 | 0 |
| 30 Jun 16 | 503 | -2,160 | 163 | 0 |
| 31 Mar 16 | 631 | -3,014 | 171 | 0 |
| 31 Dec 15 | 753 | -3,735 | 133 | 0 |
| 30 Sep 15 | 952 | -2,817 | 123 | 0 |
| 30 Jun 15 | 1,161 | -2,021 | 118 | 0 |
| 31 Mar 15 | 1,303 | -692 | 112 | 0 |
| 31 Dec 14 | 1,527 | 203 | 114 | 0 |
| 30 Sep 14 | 1,645 | -22 | 131 | 0 |
| 30 Jun 14 | 1,745 | -263 | 144 | 0 |
| 31 Mar 14 | 1,884 | -258 | 177 | 0 |
| 31 Dec 13 | 1,951 | -609 | 208 | 0 |
| 30 Sep 13 | 2,024 | -941 | 235 | 0 |
| 30 Jun 13 | 2,059 | -1,030 | 243 | 0 |
Quality Earnings: SA2D has high quality earnings.
Growing Profit Margin: SA2D's current net profit margins (40.9%) are lower than last year (95.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SA2D has become profitable over the past 5 years, growing earnings by 48.4% per year.
Accelerating Growth: SA2D's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SA2D had negative earnings growth (-74.9%) over the past year, making it difficult to compare to the Oil and Gas industry average (-40.8%).
Return on Equity
High ROE: SA2D's Return on Equity (13%) is considered low.