Welcome to our dedicated page for Sandridge Energy news (Ticker: SD), a resource for investors and traders seeking the latest updates and insights on Sandridge Energy stock.
SandRidge Energy, Inc. reports developments as a U.S. oil and natural gas exploration and production company focused on crude oil, natural gas and natural gas liquids. Company updates center on production volumes, operating costs, development activity and capital spending across Mid-Continent assets, including the Cherokee Shale Play and other Oklahoma and Kansas positions.
Recurring news also covers quarterly and annual financial results, guidance, dividend declarations, the Dividend Reinvestment Plan, share repurchase activity and balance-sheet commentary. Operational releases frequently discuss drilling and completions, wells turned to sales, production optimization and leasing activity tied to the company’s asset base.
SandRidge Energy (NYSE:SD), an independent oil and gas company, has scheduled the release of its Q2 2025 operational and financial results after market close on Wednesday, August 6, 2025.
The company will host a conference call on Thursday, August 7, 2025 at 1:00 p.m. Central Time to discuss the results. Participants can register online to receive dial-in information. Additionally, a live audio webcast will be available on the company's investor relations website, with a replay accessible for at least 30 days.
SandRidge Energy (NYSE:SD) has announced the appointment of Brett Icahn to its Board of Directors, effective August 1, 2025. This appointment expands the board size to six members. Brett Icahn, age 45, is a prominent investor and portfolio manager at Icahn Capital LP, a subsidiary of Icahn Enterprises.
Brett Icahn brings significant experience from his current roles on the boards of Icahn Enterprises L.P., Bausch Health Companies Inc., and Bausch + Lomb Corporation. Since October 2020, he has been instrumental in managing investment strategy for Icahn Capital, and previously served as a consultant providing exclusive investment advice to Carl C. Icahn from 2017 to 2020.
SandRidge Energy (NYSE: SD), an independent oil and gas company focused on the Mid-Continent region, has scheduled the release of its first quarter 2025 operational and financial results after market close on Wednesday, May 7, 2025. The company will host a conference call to discuss these results on Thursday, May 8, 2025, at 1:00 p.m. Central Time.
Interested participants can register for the conference call online to receive dial-in information and a conference ID. Additionally, a live audio webcast will be available on the company's website and archived for at least 30 days. SandRidge operates primarily in Oklahoma, Texas, and Kansas, focusing on production, development, and acquisition of oil and gas properties.
SandRidge Energy (NYSE: SD) reported financial results for Q4 and FY 2024, highlighting strong operational performance and shareholder returns. Production averaged 19.1 MBoe per day in Q4, marking a 19% increase year-over-year, with oil production up 28%.
The company generated net income of $63.0 million ($1.70 per basic share) and adjusted EBITDA of $69.5 million in 2024. Proved reserves increased from 55.7 MMBoe to 63.1 MMBoe by year-end 2024.
Key developments include:
- Declaration of $0.11 per share dividend payable March 31, 2025
- Paid $16.4 million in regular dividends and $55.9 million special dividend in 2024
- Maintained strong balance sheet with $99.5 million cash position
- Completed two Cherokee Play acquisitions totaling $127.6 million
- Announced 2025 guidance including 1-rig Cherokee Shale development plan
SandRidge Energy (NYSE: SD) has announced it will release its fourth quarter and full year 2024 operational and financial results after market close on March 10, 2025. The company will host a conference call to discuss these results on March 11, 2025 at 1:00 p.m. Central Time.
Interested participants can register for the conference call online to receive dial-in information and a conference ID. Additionally, a live audio webcast will be available on the company's investor relations website and archived for at least 30 days.
SandRidge Energy is an independent oil and gas company focused on production, development, and acquisition of oil and gas properties, primarily operating in the Mid-Continent and Western Anadarko regions across Oklahoma, Texas, and Kansas.
SandRidge Energy (NYSE: SD) reported Q3 2024 financial results with net income of $25.5 million ($0.69 per basic share) and adjusted EBITDA of $17.7 million. The company closed its Western Anadarko Basin acquisition for $123.8 million, including 44 producing wells and 4 DUC wells. September production averaged ~19 MBoe/d, representing a 27% increase from Q2. The company maintains strong liquidity with $94.1 million in cash and declared a $0.11 per share dividend. Free cash flow generation was $34.4 million for the nine months ended September 30, with a 76% conversion rate relative to adjusted EBITDA.
SandRidge Energy (NYSE: SD) has announced it will release its third quarter 2024 operational and financial results after market close on Wednesday, November 6, 2024. The company will host a conference call on Thursday, November 7, 2024 at 1:00 p.m. Central Time to discuss the results. The call will be accessible through online registration, and a live audio webcast will be available on the company's website. The webcast will remain archived for 30 days for replay access.
SandRidge Energy (NYSE: SD) has announced significant changes to its Board and Management. Vincent Intrieri has been appointed as Chairman of the Board, effective October 1, 2024. Intrieri, the Founder and CEO of VDA Capital Management , brings extensive experience from his previous roles with Carl C. Icahn-related entities and various board positions.
Jonathan Frates will transition from his role as Chairman of the Board to become Executive Vice President and Chief Financial Officer, effective October 21, 2024. Frates has a background in investment management and has served on multiple boards.
Brandon Brown, Sr. will assume the role of Senior Vice President, Chief Accounting Officer. These changes aim to strengthen SandRidge's leadership team and position the company to execute its strategy, particularly following its recent Anadarko Basin acquisition.
SandRidge Energy (NYSE: SD) has closed its $144 million acquisition of producing assets and leasehold interests in the Cherokee play of the Western Anadarko Basin. The company has updated its full-year 2024 guidance, incorporating contributions from the new assets. Key highlights include:
- Increased total production guidance to 5.4 - 6.4 MMBoe
- Total capital expenditures raised to $33 - $39 million
- Drilling & Completions capex of $17 - $20 million
- Plans to complete 4 DUC wells and initiate drilling of up to 3 new wells
The acquisition is expected to benefit production and revenue from September through December 2024, with additional benefits in 2025 and beyond. SandRidge funded the transaction with cash on hand and has made an investor presentation available on its website.