SandRidge Energy, Inc.

NYSE:SD Stok Raporu

Piyasa değeri: US$563.8m

SandRidge Energy Yönetim

Yönetim kriter kontrolleri 3/4

SandRidge Energy CEO'su Grayson Pranin, Jul2021 tarihinde atandı, in görev süresi 4.83 yıldır. in toplam yıllık tazminatı $ 991.56K olup, şirket hissesi ve opsiyonları dahil olmak üzere 39.7% maaş ve 60.3% ikramiyelerden oluşmaktadır. şirketin hisselerinin 0.47% ine doğrudan sahiptir ve bu hisseler $ 2.64M değerindedir. Yönetim ekibinin ve yönetim kurulunun ortalama görev süresi sırasıyla 1.8 yıl ve 3.6 yıldır.

Anahtar bilgiler

Grayson Pranin

İcra Kurulu Başkanı

US$991.6k

Toplam tazminat

CEO maaş yüzdesi39.71%
CEO görev süresi4.8yrs
CEO sahipliği0.5%
Yönetim ortalama görev süresi1.8yrs
Yönetim Kurulu ortalama görev süresi3.6yrs

Son yönetim güncellemeleri

Recent updates

Analiz Makalesi • May 14

SandRidge Energy's (NYSE:SD) Profits May Not Reveal Underlying Issues

SandRidge Energy, Inc.'s ( NYSE:SD ) healthy profit numbers didn't contain any surprises for investors. We think this...
Seeking Alpha • Apr 14

SandRidge Energy: Oil Production Expected To Increase 20% In 2026

Summary SandRidge is expected to increase its oil production by 20% in 2026 after a 32% increase in 2025. At the current strip, it is projected to generate $64 million in 2026 free cash flow before dividends. This would boost its year-end 2026 cash position above $150 million before share repurchases or acquisitions. SD may look for acquisition opportunities with its Cherokee development inventory potentially running out in 2027. Read the full article on Seeking Alpha
Analiz Makalesi • Feb 07

Improved Earnings Required Before SandRidge Energy, Inc. (NYSE:SD) Stock's 26% Jump Looks Justified

SandRidge Energy, Inc. ( NYSE:SD ) shares have continued their recent momentum with a 26% gain in the last month alone...
Analiz Makalesi • May 15

SandRidge Energy's (NYSE:SD) Shareholders Should Assess Earnings With Caution

After announcing healthy earnings, SandRidge Energy, Inc.'s ( NYSE:SD ) stock rose over the last week. However, we...
Seeking Alpha • Mar 14

SandRidge Energy: Stronger Natural Gas Prices In 2025 Helps Fund Development

Summary 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. Natural gas prices are much stronger and SandRidge is projected to realize $2.65 per Mcf for its natural gas in 2025 compared to $1.10 in 2024. Read the full article on Seeking Alpha
Analiz Makalesi • Mar 14

SandRidge Energy's (NYSE:SD) Dividend Will Be $0.11

The board of SandRidge Energy, Inc. ( NYSE:SD ) has announced that it will pay a dividend on the 31st of March, with...
Seeking Alpha • Jan 27

SandRidge Energy: Still A Natural Gas Play

Summary 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. SandRidge's strategic shift towards more liquid production positions it to thrive under a larger variety of commodity price scenarios. This is a natural gas pricing recovery play. Read the full article on Seeking Alpha
Seeking Alpha • Oct 29

SandRidge Energy Plans To Invest In Cherokee Development

Summary 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. SandRidge's estimated value is reduced from $12.25 to $14.00 per share due to weaker 2025 strip prices. SandRidge's share price has dropped to nearly $11 now, making it slightly undervalued in my opinion. Read the full article on Seeking Alpha
Analiz Makalesi • Oct 04

Unpleasant Surprises Could Be In Store For SandRidge Energy, Inc.'s (NYSE:SD) Shares

When close to half the companies in the Oil and Gas industry in the United States have price-to-sales ratios (or "P/S...
Seeking Alpha • Aug 28

SandRidge Energy Makes A Major Western Anadarko Basin Acquisition

Summary SandRidge is making a $144 million cash acquisition of Western Anadarko Basin assets. Its legacy asset oil production has been quickly declining, down 36% year-over-year. The acquisition has the potential to double SandRidge's 2025 EBITDA, compared to without the acquisition. Free cash flow should also be meaningfully improved. SandRidge should have $65 million in remaining cash, proforma for this acquisition and another minor acquisition. Read the full article on Seeking Alpha
Seeking Alpha • Jun 18

SandRidge Energy: Oil Production Decline Needs To Be Monitored

Summary SandRidge reported $15 million in free cash flow in Q1 2024 despite some impact from cold weather. It is now projected to generate $66 million in free cash flow during 2024. SandRidge's oil production has gone down around 28% from Q2 2023 to Q1 2024. SandRidge's oil production may be declining a bit faster than my previous projections. This is something to monitor, although it is still quite likely that SandRidge's oil production will fall within its wide guidance range. Read the full article on Seeking Alpha
Analiz Makalesi • Jun 06

Why We Think The CEO Of SandRidge Energy, Inc. (NYSE:SD) May Soon See A Pay Rise

Key Insights SandRidge Energy will host its Annual General Meeting on 12th of June Salary of US$343.3k is part of CEO...
Seeking Alpha • Apr 05

SandRidge Energy: Buying Value, Income And Safety

Summary 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. Read the full article on Seeking Alpha
Seeking Alpha • Jan 25

SandRidge: 10% Dividend Increase, Artificial Lift, And Cheap At 3x FCF

Summary SandRidge Energy recently increased its dividend and announced a one-time dividend of $1.5 per share, indicating a focus on shareholder value. The company has the potential for inorganic growth due to its cash reserves and net operating losses (NOLs). SandRidge Energy appears undervalued, with a low price-to-free cash flow ratio and a healthy balance sheet. Read the full article on Seeking Alpha
Seeking Alpha • Nov 07

SandRidge Energy: Continues To Generate Substantial FCF As It Minimizes Development Spending

Summary SandRidge Energy generated $24.2 million in free cash flow in Q3 2023 as it spent only $0.5 million on capex. I expect it to generate around $21 million to $22 million in Q4 2023 free cash flow, resulting in $250 million in year-end cash on hand. SandRidge is generating $2.5 million per quarter in interest income. The minimal capex spend is resulting in declining oil production. SandRidge's oil cut is around 17% currently, but its proved reserves had a 11% oil cut at the end of 2022. SandRidge's estimated value remains at $16 per share, as its operational performance is in line with my expectations. Read the full article on Seeking Alpha
Seeking Alpha • Aug 18

SandRidge Energy: Projected To End 2023 With Near $7 Per Share In Cash

Summary SandRidge Energy reported decent Q2 2023 results and is performing in line with my expectations. It is projected to generate $44 million in free cash flow in 2H 2023, ending 2023 with approximately $6.75 per share in cash on hand. SandRidge's average daily oil production increased by 9% from Q1 2023 to Q2 2023. With its development program complete for 2023, organic production is expected to decline in the second half of the year. At around $16 per share, I believe SD stock is fairly valued based on my long-term commodity pricing expectations. Read the full article on Seeking Alpha
Seeking Alpha • Jul 26

Sandridge's Accretive Acquisition Confirms Improved Capital Allocation

Summary SandRidge Energy has increased its working interest in 26 wells in the Northwest Stack play, producing a net 500 boe/d with 30% oil. The purchase price was $11.25m. The acquisition is expected to add around $4.4m to SandRidge's FY 2023 free cash flow. The deal is likely to achieve payback in under two years. The deal marks a potential start to a series of small, highly accretive deals by SandRidge, demonstrating improved capital allocation and alleviating previous investor concerns. Read the full article on Seeking Alpha
Seeking Alpha • Jul 18

Is Unit Corporation Or SandRidge Energy A More Compelling Investment?

Summary Unit Corporation and SandRidge Energy, both primarily operate in Oklahoma with similar production profiles. Each company has a similar production profile and reserve base, and SandRidge's recent acquisition can be used to evaluate their operations. Unit appears a more favorable investment due to its higher current production levels, dividends, and potential for business sale. Read the full article on Seeking Alpha
Seeking Alpha • Jun 08

SandRidge Energy Starts To Return Capital To Shareholders

Summary SandRidge Energy, Inc. paid out a $2 per share special dividend and also instituted a $0.10 per share quarterly dividend. It also announced a $75 million share repurchase program. SandRidge should still end 2023 with over $7 per share in cash, before the impact of any share repurchases. SandRidge is likely to continue with a below maintenance capex budget in the current commodity pricing environment. Drawing down reserves and its cash balance may result in SandRidge providing a high amount of dividend income combined with capital losses. Read the full article on Seeking Alpha
Seeking Alpha • Feb 08

SandRidge Energy: Oil Production Growth Offers Upside With Hedged Natural Gas Downside

Summary SD is selling off with natural gas producer equities. The company is growing oil production quickly. SandRidge has much of its natural gas price exposure hedged. Opportunity for outperformance as this is recognized. SandRidge Energy: Oil Production Growth Offers Upside with Hedged Natural Gas Downside With natural gas prices in free fall, investors are rightfully concerned that gas-weighted producer profits could suffer materially, particularly as the forward price falls too. Gas prices are volatile and notoriously hard to predict, and we take no directional view on their trajectory in the short to medium term. However, SandRidge Energy (SD) is likely to successfully navigate this turbulent market environment due to its opportunistic hedges and rapid oil production growth. SandRidge significantly increased its capital budget in mid 2022 to invest in incremental oil production, and now its oil production has already inflected. As its oil production grows, SandRidge’s cash flow is becoming less sensitive to lower gas prices while offering more torque to higher oil and natural gas liquids pricing. Additionally, SandRidge’s management opportunistically hedged a portion of its gas production, offering downside protection in a low-gas price environment as oil production grows and free cash flow is generated. Despite this oil production growth and a large, growing net cash position, SandRidge has continued to trade in-line with gas-weighted peers, offering a compelling opportunity here. SandRidge Q4 2022 Forecast It is helpful to review SandRidge’s Q3 2022 cash flow and likely Q4 cash flow based on prevailing commodity prices. Below an estimate of SandRidge’s Q4 cash flow based on commodity prices at the time, and management production and cost guidance: Bison Interests As can be seen above, SandRidge may see a modest decline in cash flow from operations ((CFO)) despite significantly lower oil & gas prices and higher cost guidance. Free cash flow ((FCF)) is projected to decline materially due to higher capital expenditures, discussed in detail below. The decline in revenues due to lower market prices is likely to be partially offset by SandRidge’s natural gas hedges. These covered roughly half of SandRidge’s forecasted Q4 production at a favorable price above $8/MMBtu, while the prevailing market price is around $2.4/MMBtu at the time of writing. And with hedges rolling off in March 2023, these may continue to offer SD stock significant downside protection if gas prices remain low in Q1 2023. SandRidge’s management has a successful hedging track record. SandRidge was previously unhedged while gas prices were on the rise, and subsequently hedged roughly half of the company’s natural gas production when prices were near their peak. This certainly helps on SandRidge’s path of net cash builds and oil production growth. With its current hedges, SandRidge continues to offer significant torque to higher oil and gas prices. We sensitized our estimate of SandRidge’s Q4 FCF to a range of oil and gas prices, to illustrate what could happen to cash flow in subsequent quarters in future quarters: Bison Interests Oil Production Growth SandRidge’s overall production including natural gas, natural gas liquids and oil, has in aggregate been flat over the last year, while its capital expenditures have increased materially: Bison Interests At the surface level, this could be concerning for some investors. However, a closer look reveals that even though overall production remains flat, SandRidge’s oil production has been inflecting: Bison Interests In early Q3 2022, SandRidge increased its capital expenditure guidance to $56-70MM from $41-50MM, as it announced it was drilling 3 additional oil wells, re-activating and optimizing other wells that were previously shut in and completing artificial lift conversions. These wells were drilled and brought on production successfully, benefiting SandRidge with a 24% increase in oil production in Q3, as can be seen above. And SandRidge’s oil production is expected to increase another ∼24% in Q4, as per management’s full year production guidance.
Seeking Alpha • Jan 04

SandRidge Energy: Could Reach $9 To $10 Per Share In Cash By End Of 2023

Summary Natural gas prices have decreased sharply, reducing SandRidge's projected free cash flow as its production is over 50% natural gas. It also has a limited amount of hedges, with around 20% of its Q1 2023 natural gas production hedged and nothing reported beyond that. Despite those headwinds, SandRidge still looks capable of ending 2023 with around $9 to $10 per share in cash. Adding the value of its reserves would make it worth an estimated $20 per share in a long-term (after 2023) $70 WTI oil and $4.00 NYMEX gas environment. SandRidge Energy's (SD) near-term cash flow expectations have been reduced due to the decline in natural gas strip prices. The NYMEX strip for 2023 is now down to under $4, and it may realize under $3 for its natural gas (including hedges) at that price, which is less than half of what it realized in Q3 2022. Oil prices have held up better recently, so SandRidge should still be able to end up with around $9 to $10 per share in cash by the end of 2023 based on current strip prices. Combined with the value of its reserves, SandRidge's estimated value ends up at around $20 at long-term $70 WTI oil and $4 NYMEX gas. SandRidge's 2022 development plans included 12 NW Stack wells that boosted its oil production, but it may decide to go with a smaller amount of wells or completely halt new development in 2023 as the returns are less certain at the current 2023 strip. Natural Gas Prices SandRidge's oil percentage has been increasing a bit with its new NW Stack wells, but its production is still heavily natural gas weighted (16% oil, 30% NGLs and 54% natural gas) in Q3 2022. The new NW Stack wells are also producing a decent amount of gas currently, and are expected to become gassier over time. For example, SandRidge mentioned that its first two 1-mile lateral wells were producing a pad total of close to 600 barrels of oil per day and over 1,000 Mcf per day after more than 90 days of production. Thus changes in natural gas prices have a large effect on SandRidge's financials. Despite its increasing oil percentage, a $1 change in natural gas prices appears to now have around the same effect on SandRidge's cash flow as a roughly $18 change in oil prices (before the effect of hedges and not including any change in the price of NGLs). SandRidge realized $5.99 per Mcf (excluding hedges) for its natural gas in Q3 2022, but it may realize an average closer to $2.65 per Mcf in 2023 before hedges based on current strip prices ($3.90 NYMEX) and its typical differentials. SandRidge does have hedges covering some of its Q1 2023 natural gas production that may boost its realized price (at current strip) to around $2.90 for the full year. NW Stack Economics SandRidge estimated that its NW Stack wells could generate an IRR of a bit over 40% at $75 oil and $4.50 gas. That combination of commodity prices is close to the equivalent of the current $77 oil and $3.90 gas strip for 2023. SandRidge has been focusing on cost control efforts, but if there is meaningful projected inflation with its 2023 NW Stack wells, it may reduce (or stop) its development program. 2022 NW Stack Economics (sandridgeenergy.com) The environment involving a combination of lower commodity prices plus cost inflation pressure may make SandRidge's NW Stack returns relatively marginal again. Cash Balance SandRidge should still be able to add to its cash balance despite the deterioration in natural gas prices. I now estimate that SandRidge will end up with around $265 million in cash and cash equivalents at the end of 2022. It is uncertain what SandRidge's 2023 development plans are yet, but at 2022 production levels and 2023 strip prices it would generate approximately $125 million EBITDA, including the effect of its Q1 2023 natural gas hedges. This doesn't include the potential interest income that it can generate from its cash on hand, given that interest rates are no longer negligible now. SandRidge should be able to end 2023 with around $9 to $10 per share in cash on hand based on current strip prices. Estimated Valuation My outlook for long-term (after 2023) commodity prices remains unchanged. At $70 WTI oil and $4.00 NYMEX gas (after 2023), I now estimate that SandRidge is worth around $20 per share. As noted above, SandRidge should be able to end 2023 with around $9 to $10 per share in cash. It also reported proved developed reserves with a PV-10 of $433 million at the end of 2021 based on lower prices ($66.56 oil and $3.60 gas). SandRidge's development program in 2022 should be able to keep its reserve value (at those prices) at least stable, although it may invest less in 2023 development.

CEO Tazminat Analizi

Grayson Pranin'un ücretlendirmesi SandRidge Energy'un kazancına kıyasla nasıl değişti?
TarihToplam TazminatMaaşŞirket Kazançları
Mar 31 2026n/an/a

US$76m

Dec 31 2025US$992kUS$394k

US$70m

Sep 30 2025n/an/a

US$66m

Jun 30 2025n/an/a

US$76m

Mar 31 2025n/an/a

US$65m

Dec 31 2024US$865kUS$359k

US$63m

Sep 30 2024n/an/a

US$47m

Jun 30 2024n/an/a

US$40m

Mar 31 2024n/an/a

US$48m

Dec 31 2023US$999kUS$343k

US$61m

Sep 30 2023n/an/a

US$164m

Jun 30 2023n/an/a

US$199m

Mar 31 2023n/an/a

US$231m

Dec 31 2022US$720kUS$325k

US$242m

Sep 30 2022n/an/a

US$174m

Jun 30 2022n/an/a

US$149m

Mar 31 2022n/an/a

US$116m

Dec 31 2021US$3mUS$296k

US$117m

Tazminat ve Piyasa: Grayson 'nin toplam tazminatı ($USD 991.56K ), US pazarındaki benzer büyüklükteki şirketler için ortalamanın altındadır ($USD 2.64M ).

Tazminat ve Kazançlar: Grayson 'in tazminatı, şirketin son bir yıldaki performansıyla tutarlıydı.

CEO

Grayson Pranin (45 yo)

4.8yrs
Görev süresi
US$991,555
Tazminat

Mr. Grayson R. Pranin. Jr. serves as President, Chief Executive Officer of SandRidge Energy, Inc. since July 16, 2021 and serves as its Director. He was Senior Vice President at SandRidge Energy, Inc. sinc...

Liderlik Ekibi

İsimPozisyonGörev süresiTazminatSahiplik
Grayson Pranin
President4.8yrsUS$991.56k0.47%
$ 2.6m
Jonathan Frates
Executive VP & CFO1.6yrsUS$1.03m0.15%
$ 823.0k
Dean Parrish
Executive VP & COO2.1yrsUS$694.08k0.10%
$ 582.7k
Brandon Brown
Senior VP & Chief Accounting Officer1.6yrsUS$596.92k0.075%
$ 423.0k
Scott Prestridge
SVP of Finance & Strategyno dataVeri yokVeri yok
1.8yrs
Ortalama Görev Süresi
43.5yo
Ortalama Yaş

Deneyimli Yönetim: SD 'un yönetim ekibi deneyimli olarak kabul edilmiyor ( 1.8 yıl), bu da yeni bir ekibin varlığını gösteriyor.

Yönetim Kurulu Üyeleri

İsimPozisyonGörev süresiTazminatSahiplik
Grayson Pranin
Presidentno dataUS$991.56k0.47%
$ 2.6m
Randolph Read
Independent Director7.9yrsUS$215.00k0.36%
$ 2.0m
Vincent Intrieri
Independent Chairman1.6yrsUS$237.50k0.13%
$ 718.7k
Brett Icahn
Directorless than a yearUS$141.52k0.035%
$ 197.5k
Nancy Dunlap
Independent Director3.6yrsUS$198.75k0.10%
$ 581.9k
Jaffrey Firestone
Independent Director5yrsUS$192.50k0.15%
$ 835.0k
3.6yrs
Ortalama Görev Süresi
68yo
Ortalama Yaş

Deneyimli Yönetim Kurulu: SD 'nin yönetim kurulu üyeleri deneyimli olarak kabul edilir (ortalama görev süresi 3.6 yıldır).

Şirket Analizi ve Finansal Veri Durumu

VeriSon Güncelleme (UTC saati)
Şirket Analizi2026/05/24 15:36
Gün Sonu Hisse Fiyatı2026/05/22 00:00
Kazançlar2026/03/31
Yıllık Kazançlar2025/12/31

Veri Kaynakları

Şirket analizimizde kullanılan veriler S&P Global Market Intelligence LLC'den alınmıştır. Bu raporu oluşturmak için analiz modelimizde aşağıdaki veriler kullanılmıştır. Veriler normalize edilmiştir, bu da kaynağın mevcut olmasından kaynaklanan bir gecikmeye neden olabilir.

PaketVeriZaman ÇerçevesiÖrnek ABD Kaynağı *
Şirket Finansalları10 yıl
  • Gelir tablosu
  • Nakit akış tablosu
  • Bilanço
Analist Konsensüs Tahminleri+3 yıl
  • Finansal tahminler
  • Analist fiyat hedefleri
Piyasa Fiyatları30 yıl
  • Hisse senedi fiyatları
  • Temettüler, Bölünmeler ve Eylemler
Sahiplik10 yıl
  • En büyük hissedarlar
  • İçeriden öğrenenlerin ticareti
Yönetim10 yıl
  • Liderlik ekibi
  • Yönetim Kurulu
Önemli Gelişmeler10 yıl
  • Şirket duyuruları

* ABD menkul kıymetleri için örnek, ABD dışı için eşdeğer düzenleyici formlar ve kaynaklar kullanılmıştır.

Belirtilmediği sürece tüm finansal veriler yıllık bir döneme dayanmaktadır ancak üç ayda bir güncellenmektedir. Bu, İzleyen On İki Ay (TTM) veya Son On İki Ay (LTM) Verileri olarak bilinir. Daha fazla bilgi edinin.

Analiz Modeli ve Kar Tanesi

Bu raporu oluşturmak için kullanılan analiz modelinin ayrıntılarına GitHub sayfamızdan ulaşabilirsiniz, ayrıca raporlarımızı nasıl kullanacağınızı anlatan kılavuzlarımız ve Youtube'da eğitim videolarımız da bulunmaktadır.

Simply Wall St analiz modelini tasarlayan ve oluşturan dünya standartlarındaki ekip hakkında bilgi edinin.

Endüstri ve Sektör Metrikleri

Sektör ve bölüm metriklerimiz Simply Wall St tarafından her 6 saatte bir hesaplanmaktadır, sürecimizin ayrıntıları Github'da mevcuttur.

Analist Kaynakları

SandRidge Energy, Inc. 26 Bu analistlerden 1, raporumuzun girdisi olarak kullanılan gelir veya kazanç tahminlerini sunmuştur. Analistlerin gönderimleri gün boyunca güncellenmektedir.

AnalistKurum
Hsulin PengBaird
Jeffrey RobertsonBarclays
Daniel McSpiritBMO Capital Markets Equity Research