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Sandridge Energy Inc (SD) stock

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NYSE: SD NYSE Oil & Gas Exploration & Production Next results ~November 4, 2026

B Fundamentals grade

Sandridge Energy Inc is a US-listed company in the oil & gas exploration & production industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: valuation models disagree too widely to rate.

Price vs value

Under review: valuation models disagree too widely to rate. We'll show the comparison once resolved.

Sandridge Energy Inc valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds91 adding, 64 cuttingOf 28 active managers that changed their stake, 19 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Sandridge Energy files

Where Sandridge Energy stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $180m, up 23.2% on a year earlier, faster than the 18.8% growth a quarter earlier. Free-cash-flow margin fell to 23.6% from 30.9% a year earlier. Operating margin widened to 41.1% from 33.7%. It passes 2 of our 2 financial-health checks.

Our model value for Sandridge Energy is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 6, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 4, 2026 (estimated)

Sandridge Energy Inc's trailing-twelve-month revenue grew 23.2% year on year, with a free-cash-flow margin of 23.6%. Where it stands out: net margin of 46.1% ranks 3 of 57 oil & gas exploration & production companies we cover.

Our discounted-cash-flow model values the business at ~$38 per share in the base case (~$29–$50 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 5.9% while net income grew 9.6%: a 16pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 23.2% over the last 12 months, against a median of 10.6% for oil & gas exploration & production companies we cover.
  • Growth speeding up. The growth rate is 4.4 points higher than a quarter earlier.
  • High operating margin. 41.1% of revenue is left as operating profit, against a median of 19.9% for oil & gas exploration & production companies we cover.
  • Margins widening. Operating margin is up 7.4 points on a year ago.
  • Strong cash generation. 23.6% of revenue turned into free cash flow, against a median of 23.2% for oil & gas exploration & production companies we cover.

Things to watch

  • Results due soon. Results are expected around 4 November; the share price can move sharply on the day.
  • Weak cash conversion. Free cash flow was 51% of net income over the last 12 months.
  • Below peers: days sales outstanding. Days sales outstanding of 54 days ranks 32 of 42 oil & gas exploration & production companies we cover (median 41 days).
  • Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.
  • Earnings expected to fall. The consensus expects earnings per share to fall 30% next year.

Latest results: FY2026 Q2

Filed August 6, 2026
Earnings per share
$0.57 against an average estimate of $0.75: missed by 24.0%
Revenue
$51m, up 48.0% on a year earlier
Share reaction
-0.8% in the first session after the results on August 5, 2026, against -0.4% for the S&P 500
Next report
November 4, 2026; average EPS estimate $0.51

Sandridge Energy's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-6.5%
  • 1 week-9.0%
  • 1 month-1.3%
  • This year-3.3%
  • 1 year+18.1%
  • 5 years+52.4%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$180M
Operating margin
41.1%
Net margin
46.1%
EPS (TTM, diluted)
$2.24

Growth

Revenue growth
+23.2%
Change in growth rate
+4.4 pts
Share count change
−0.2%

Cash

Free cash flow (TTM)
$42.5M
FCF margin
23.6%
Stock pay % of revenue
1.6%

Earnings

Last results
August 5, 2026
Next results (est.)
November 4, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Sandridge Energy Inc valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: valuation models disagree too widely to rate: held for review.

Our value per share comes from a discounted-cash-flow model of Sandridge Energy Inc's free cash flow after stock-based pay ( $60.7M, FY2026 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Sandridge Energy Inc as an oil and gas producer, with every model that fits that kind of business. Cost of equity 7.6%: the 10-year Treasury yield (4.9%) plus a beta of 0.59 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Proved-reserve net asset value The SEC standardised measure of the company's proved oil and gas reserves (future net cash flows after tax at SEC average prices, discounted at 10%) less debt and other claims, per share. ~$15 Primary model, counts double
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$38 ~$29–$50 Included
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$25 ~$20–$39 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$110 ~$81–$160 Left out: out of range vs price (8.41x)
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$87 ~$71–$110 Left out: out of range vs price (6.44x)
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Sandridge Energy Inc with oil and gas producers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 201720182019202020212022202320242025Now
Share price$14.79$5.34$2.98$2.18$7.34$11.96$10.98$10.85$13.90$13.44
Market value$483m$187m$105m$78m$274m$444m$408m$403m$513m$497m
+ Net debt (− = net cash)−$62m−$18m$53m−$2m−$137m−$256m−$252m−$98m−$111m−$113m
Enterprise value$422m$170m$159m$76m$136m$189m$155m$305m$402m$384m
Multiples
Price / sales 1.4x0.5x0.4x0.7x1.6x1.7x2.7x3.2x3.3x2.8x
Price / earnings 10.3x———2.3x1.8x6.7x6.4x7.3x6.0x
Price / free cash flow 3.6x1.6x0.9x2.8x2.8x3.7x4.6x8.5x12.4x11.7x
EV / EBITDA 2.5x1.3x——1.1x1.0x1.8x4.6x3.9x3.2x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

64 /100

Moderate moat

How hard Sandridge Energy's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 8 / 20

    Net income has been a median 6.1% of total assets over 10 years.

  • Durability 8 / 20

    Operating margin has been a median 24.2%; its worst year was -500.1%.

  • Cash conversion 19 / 20

    Free cash flow was positive in 9 of 10 years, at a median 35.3% of revenue.

  • Discipline 16 / 20

    The diluted share count rose 1.1% over five years; stock-based pay has been a median 1.6% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 4, 2026, after the close. Analysts expect revenue of $49m and EPS of $0.51 (range $0.51 to $0.51) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $2.13 +44% $197m +26%
Next $1.50 −30% $171m −13%

Next year's EPS estimate has moved +2.0% in 90 days, across 1 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +37.4% on 90 days ago. In the last 30 days, 0 analysts raised Sandridge Energy Inc's forecast and 1 cut it.

Consensus EPS forecast Sandridge Energy Inc, last 90 days
$1.00 $1.50 $2.00 $2.50 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $1.55 Current fiscal year, 60 days ago: $2.35 Current fiscal year, 30 days ago: $2.35 Current fiscal year, 7 days ago: $2.35 Current fiscal year, Now: $2.13 $2.13 Next fiscal year, 90 days ago: $1.47 Next fiscal year, 60 days ago: $1.49 Next fiscal year, 30 days ago: $1.49 Next fiscal year, 7 days ago: $1.49 Next fiscal year, Now: $1.50 $1.50

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $1.55$1.47
60 days ago $2.35$1.49
30 days ago $2.35$1.49
7 days ago $2.35$1.49
Now $2.13$1.50

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.75 $0.57 −24.0%
Mar 2026 $0.41 $0.58 +41.5%
Dec 2025 $0.37 $0.34 −8.1%
Sept 2025 $0.32 $0.42 +31.2%

Adjusted EPS as companies report it, against the average analyst estimate.

How our valuation uses these forecasts

Our cash-flow model grows Sandridge Energy Inc's revenue by +5.2% next year and +5.0% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+2.1%, weight 45%) and the company's own record (+7.8%, weight 55%) . How the weights are set.

Analyst recommendations

1 analysts, Oct 2026
Buy00%
Hold1100%
Sell00%

Monthly trend

  1. Oct 202611

Counts of recommendations published by analysts covering Sandridge Energy Inc, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
5.2%
of tradable shares
Days to cover
4.32
at average volume
Short interest, 1 month
−17%
to October 15, 2026
Held by institutions
83%
of shares
Held by insiders
1.7%
of shares
Employees
102
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +18.1%

$11.38 on October 31, 2025 to $13.44

ThenNowEffect
Revenue (last 12 months) $146m $180m +23.2%
Net margin 51.8% 46.1% −11.0%
P/E multiple 5.6x 6.0x +7.6%
Share count 37m 37m +0.2%

Biggest factor: revenue.

Last 3 years +4.6%

$12.85 on November 3, 2023 to $13.44

ThenNowEffect
Revenue (last 12 months) $204m $180m −11.5%
Net margin 97.9% 46.1% −53.0%
P/E multiple 2.4x 6.0x +150.1%
Share count 37m 37m +0.5%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
SD+237%+63%−8%−1%+28%−3%
Industry peers (median)+86%+54%−8%+2%−15%+18%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
SD58%75%33%42%58%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
SD−37%−49%−25%−29%−28%−25%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since October 4, 2016: 97% from October 25, 2016 to April 3, 2020. Getting back needed a 3263% gain, reached on June 3, 2022, 791 days after the low.

Price behaviour

52-week range
$11.35 – $17.42
From 52-week high
−22.8%
vs 50-day average
−5.1%
vs 200-day average
−8.4%
Volatility (1 year)
35%
Beta vs S&P 500
-0.48

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±4.3%
After a week
8 up, 4 down
typical move ±6.8%
After a month
5 up, 7 down
typical move ±11.8%
Results releasedNext dayS&P 500 next day5 days21 days
August 5, 2026 −0.8% −0.4% +5.3% +6.6%
May 6, 2026 −3.0% +1.1% −3.8% −2.2%
March 5, 2026 −3.7% −1.9% −7.4% −13.7%
November 5, 2025 +7.8% −0.7% +15.6% +29.2%
August 6, 2025 +5.8% +0.7% +8.5% +12.4%
May 7, 2025 +5.6% +1.1% +13.6% +16.1%
March 10, 2025 −1.5% −3.5% +3.9% −17.6%
November 7, 2024 +0.4% +1.2% −0.3% −3.7%
August 7, 2024 +4.3% +1.6% +8.1% −0.4%
May 7, 2024 −3.9% +0.1% +0.4% −5.6%
March 6, 2024 +5.4% +1.5% +6.3% +17.5%
November 6, 2023 −9.2% +0.5% −8.2% −16.3%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Sandridge Energy Inc in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Sandridge Energy Inc
$120M $140M $160M $180M $200M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $170.8M Revenue (TTM), FY23 Q4: $148.6M Revenue (TTM), FY24 Q1: $135.8M Revenue (TTM), FY24 Q2: $128.3M Revenue (TTM), FY24 Q3: $120.2M Revenue (TTM), FY24 Q4: $125.3M Revenue (TTM), FY25 Q1: $137.6M Revenue (TTM), FY25 Q2: $146.2M Revenue (TTM), FY25 Q3: $155.9M Revenue (TTM), FY25 Q4: $156.4M Revenue (TTM), FY26 Q1: $163.5M Revenue (TTM), FY26 Q2: $180.1M $180.1M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $170.8M
FY23 Q4 $148.6M
FY24 Q1 $135.8M
FY24 Q2 $128.3M
FY24 Q3 $120.2M
FY24 Q4 $125.3M
FY25 Q1 $137.6M
FY25 Q2 $146.2M
FY25 Q3 $155.9M
FY25 Q4 $156.4M
FY26 Q1 $163.5M
FY26 Q2 $180.1M
Revenue growth, TTM YoY Sandridge Energy Inc
-60% -40% -20% 0% 20% 40% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: -32.4% Revenue growth, TTM YoY, FY23 Q4: -41.5% Revenue growth, TTM YoY, FY24 Q1: -43.4% Revenue growth, TTM YoY, FY24 Q2: -37.0% Revenue growth, TTM YoY, FY24 Q3: -29.6% Revenue growth, TTM YoY, FY24 Q4: -15.7% Revenue growth, TTM YoY, FY25 Q1: 1.4% Revenue growth, TTM YoY, FY25 Q2: 13.9% Revenue growth, TTM YoY, FY25 Q3: 29.7% Revenue growth, TTM YoY, FY25 Q4: 24.8% Revenue growth, TTM YoY, FY26 Q1: 18.8% Revenue growth, TTM YoY, FY26 Q2: 23.2% 23.2%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 -32.4%
FY23 Q4 -41.5%
FY24 Q1 -43.4%
FY24 Q2 -37.0%
FY24 Q3 -29.6%
FY24 Q4 -15.7%
FY25 Q1 1.4%
FY25 Q2 13.9%
FY25 Q3 29.7%
FY25 Q4 24.8%
FY26 Q1 18.8%
FY26 Q2 23.2%
Operating margin (TTM) Sandridge Energy Inc
20% 30% 40% 50% 60% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 52.5% Operating margin (TTM), FY23 Q4: 43.2% Operating margin (TTM), FY24 Q1: 37.9% Operating margin (TTM), FY24 Q2: 34.1% Operating margin (TTM), FY24 Q3: 30.0% Operating margin (TTM), FY24 Q4: 26.5% Operating margin (TTM), FY25 Q1: 26.9% Operating margin (TTM), FY25 Q2: 33.7% Operating margin (TTM), FY25 Q3: 35.8% Operating margin (TTM), FY25 Q4: 39.0% Operating margin (TTM), FY26 Q1: 40.7% Operating margin (TTM), FY26 Q2: 41.1% 41.1%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 52.5%
FY23 Q4 43.2%
FY24 Q1 37.9%
FY24 Q2 34.1%
FY24 Q3 30.0%
FY24 Q4 26.5%
FY25 Q1 26.9%
FY25 Q2 33.7%
FY25 Q3 35.8%
FY25 Q4 39.0%
FY26 Q1 40.7%
FY26 Q2 41.1%
FCF margin (TTM) Sandridge Energy Inc
0% 20% 40% 60% 80% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 47.3% FCF margin (TTM), FY23 Q4: 60.0% FCF margin (TTM), FY24 Q1: 54.0% FCF margin (TTM), FY24 Q2: 57.0% FCF margin (TTM), FY24 Q3: 49.8% FCF margin (TTM), FY24 Q4: 37.9% FCF margin (TTM), FY25 Q1: 34.1% FCF margin (TTM), FY25 Q2: 30.9% FCF margin (TTM), FY25 Q3: 25.8% FCF margin (TTM), FY25 Q4: 26.6% FCF margin (TTM), FY26 Q1: 16.2% FCF margin (TTM), FY26 Q2: 23.6% 23.6%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 47.3%
FY23 Q4 60.0%
FY24 Q1 54.0%
FY24 Q2 57.0%
FY24 Q3 49.8%
FY24 Q4 37.9%
FY25 Q1 34.1%
FY25 Q2 30.9%
FY25 Q3 25.8%
FY25 Q4 26.6%
FY26 Q1 16.2%
FY26 Q2 23.6%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Sandridge Energy took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $156M
  2. Other income $9.3M · 5.9%
  3. Other operating costs $95.4M · 61.0%
  4. Operating income $61M · 39.0%
  5. Net income $70.2M · 44.9%

Shares of revenue. Source: Sandridge Energy's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained. Other income is income outside operations, such as investment gains.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2008 Dec 2008 2009 Dec 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 1,182 591 932 1,415 1,935 1,983 1,559 769 357 349 267 115 169 254 149 125 156 180
Gross profit — — — 1,350 1,866 1,926 1,503 744 — — — — — — — — — —
EBITDA −977 −1,378 310 800 954 461 1,084 −4,275 172 129 −288 −215 130 193 86 66 104 121
Operating income −1,338 −1,605 −7 429 325 −169 590 −4,643 40 −10 −447 −274 114 175 64 33 61 74
Net income −1,441 −1,776 191 108 142 −554 253 −3,698 47 −9 −449 −277 117 242 61 63 70 83
Diluted EPS −$9.36 −$10.20 $0.52 $0.13 $0.19 −$1.27 $0.42 −$7.16 $1.44 −$0.26 −$12.68 −$7.77 $3.13 $6.52 $1.64 $1.69 $1.90 $2.24
Growth (year on year)
Revenue +74.4% −50.0% +57.6% +51.9% +36.7% +2.5% −21.4% −50.7% −53.5% −2.2% −23.6% −56.9% +46.9% +50.6% −41.5% −15.7% +24.8% +23.2%
EBITDA −336.0% — — +158.1% +19.3% −51.7% +135.2% −494.4% — −24.9% −323.6% — — +49.3% −55.3% −23.9% +58.0% +34.0%
Operating income −816.1% — — — −24.2% −152.0% — −886.6% — −126.2% — — — +53.8% −63.4% −48.2% +83.4% +50.1%
Net income <−999% — — −43.3% +31.0% −491.2% — <−999% — −119.3% — — — +107.4% −74.9% +3.5% +11.5% +9.6%
Diluted EPS — — — −75.0% +46.2% −768.4% — <−999% — −118.1% — — — +108.3% −74.8% +3.0% +12.4% +9.8%
Margins
Gross margin — — — 95.4% 96.5% 97.1% 96.4% 96.8% — — — — — — — — — —
EBITDA margin −82.7% −233.2% 33.3% 56.5% 49.3% 23.2% 69.6% −556.2% 48.0% 36.9% −108.0% −187.4% 76.7% 76.0% 58.1% 52.4% 66.4% 66.9%
Operating margin −113.2% −271.6% −0.7% 30.3% 16.8% −8.5% 37.9% −604.0% 11.1% −3.0% −167.4% −237.9% 67.6% 69.0% 43.2% 26.5% 39.0% 41.1%
Net margin −122.0% −300.4% 20.5% 7.6% 7.3% −27.9% 16.2% −481.0% 13.2% −2.6% −168.4% −241.2% 69.1% 95.2% 40.9% 50.3% 44.9% 46.1%
Free-cash-flow margin −125.2% −68.3% −70.2% −89.6% −70.5% −31.7% −59.8% −65.8% 37.2% 34.6% 45.5% 24.2% 58.4% 47.4% 60.0% 37.9% 26.6% 23.6%
Cash flow
Cash from operations 579 312 381 459 783 869 621 374 181 146 121 36 110 165 116 74 100 119
Capital spending 2,058 715 1,035 1,727 2,146 1,497 1,553 879 48 25 0 8 12 44 26 26 59 77
Free cash flow −1,479 −404 −654 −1,268 −1,363 −628 −932 −506 133 121 121 28 99 121 89 48 42 42
Stock-based pay 19 23 38 39 43 85 20 18 16 23 4 3 1 2 2 2 3 3
Free cash flow after stock pay −1,498 −426 −692 −1,307 −1,406 −713 −952 −524 117 97 117 25 97 119 87 45 39 40
Balance sheet
Cash 1 8 6 208 310 815 181 436 99 18 4 22 137 256 252 98 111 113
Total debt 2,375 2,579 2,909 2,832 4,301 3,195 3,195 3,562 38 0 58 20 0 0 0 0 0 0
Net debt (negative = net cash) 2,375 2,571 2,903 2,624 3,991 2,380 3,014 3,127 −62 −18 53 −2 −137 −256 −252 −98 −111 −113
Diluted shares 156m 175m 315m 407m 456m 481m 500m 522m 33m 35m 35m 36m 37m 37m 37m 37m 37m 37m
Returned to shareholders
Dividends — — — — — — — — — — — — 0 0 82 72 16 22
Buybacks 4 6 7 14 0 0 112 0 — — — — — 0 0 0 6 1
Total returned 4 6 7 14 0 0 112 0 — — — — 0 0 82 73 22 23

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 2 checks passed · June 30, 2026
What it owns · $668m
Short-term assets $152mLonger-term assets $516m
What it owes, and who funded it · $668m
Short-term liabilities $58mLonger-term liabilities $68mShareholders' equity $543m
  • Short-term assets cover short-term liabilities $152m of assets due within a year against $58m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $152m short-term assets against $68m of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Sandridge Energy Inc's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q2 TTM
Buybacks (TTM)
$517,000
Dividends (TTM)
$22.2M
Returned to shareholders
53%
of free cash flow
Buybacks, last 3 fiscal years
$6.6M
Diluted share count
−0.2%
year over year
Total shareholder yield
4.5%
dividends 4.5% + buybacks 0.1% of market value
Dividend payout ratio
27%
of net income paid out
Days sales outstanding
54 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in oil & gas exploration & production
Last 12 months unless stated SD PNRG DMLP BATL AMPY VTS Median
Revenue, last 12 months $180m $179m $192m $163m $213m $300m $1.4bn
Revenue growth, last 12 months 23.2% −19.4% 13.9% −12.0% −23.7% 10.6% 10.6%
Revenue growth, 3-year average −4.0% 5.1% 7.7% −18.0% −17.3% 10.0% 1.4%
Revenue growth, latest quarter 48.0% 1.2% 73.1% 12.4% −22.9% 23.0% 31.5%
Gross margin 98.2% 96.8% — — 95.2% — 75.2%
Operating margin 41.1% 26.6% — −3.2% 19.9% 12.0% 21.1%
Operating margin, 3-year average 36.3% 20.4% — −1.6% 15.8% 14.9% 16.5%
Net margin 46.1% 13.9% 45.5% −24.5% 10.6% −15.4% 10.1%
Cash from operations / revenue 66.2% 55.0% 81.5% 16.6% 3.4% 42.1% 42.4%
Free-cash-flow margin 23.6% 27.3% 81.5% −2.7% 3.2% 33.7% 19.3%
Free-cash-flow margin, 3-year average 37.2% 9.9% 81.3% −49.3% 15.1% 46.2% 19.1%
Stock pay / revenue 1.6% — — −0.1% 3.6% 2.8% 1.5%
Change in share count −0.2% −3.0% 5.6% 45.1% 2.1% 11.5% 0.4%

Median of all 57 companies we cover in oil & gas exploration & production. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

57 oil & gas exploration & production companies
Measure Company Peer median Rank
Revenue growth Growth 23.2% 10.6% 12 of 57
Change in growth rate Growth +4.4pp +4.9pp 31 of 57
Operating margin Profitability 41.1% 19.9% 5 of 42
Net margin Profitability 46.1% 10.1% 3 of 57
Free-cash-flow margin Cash generation 23.6% 23.2% 25 of 51
Stock pay as % of revenue Cash generation 1.6% 1.2% 27 of 47
Change in share count Balance sheet -0.2% 0.4% 20 of 48
Days sales outstanding Balance sheet 54 days 41 days 32 of 42

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Who owns it

Funds buying and selling
Reported value
$415M
Institutions reporting
164
Shares held vs prior quarter
▲ 3.2%
Positions opened / closed
22 / 24

Top buyers and sellers, Q2 2026: 91 institutions bought and 64 sold ; the biggest buyer was Qube Research & Technologies Ltd (+336K shares) and the biggest seller Arrowstreet Capital, Limited Partnership (−831K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Icahn Carl C $69.3M 5.1M 16.7% ▲ 2.2%
Blackrock, Inc. $45M 3.3M 10.8% ▲ 10.9%
State Street Corp $21.8M 1.6M 5.2% ▲ 21.7%
Renaissance Technologies LLC $20.4M 1.5M 4.9% ▼ 1.1%
Vanguard Capital Management LLC $19.3M 1.4M 4.6% ▲ 3.0%
Royce & Associates LP $19.2M 1.4M 4.6% ▲ 11.1%
First Wilshire Securities Management Inc $19.1M 1.4M 4.6% ▼ 1.0%
American Century Companies Inc $17.5M 1.3M 4.2% ▼ 0.5%
Dimensional Fund Advisors LP $17.2M 1.3M 4.1% ▲ 0.2%
Vanguard Portfolio Management LLC $12.7M 929K 3.1% ▲ 7.5%
Geode Capital Management, LLC $12.7M 925K 3.1% ▲ 20.5%
Goldman Sachs Group Inc $9.5M 691K 2.3% ▲ 21.3%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Sandridge Energy Inc's complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 4, 2026 estimated from the company's past filing pattern, not announced

  • August 5, 2026
  • May 6, 2026
  • March 5, 2026
  • November 5, 2025
  • August 6, 2025
  • May 7, 2025

Recent SEC filings

Data status

When each part of this page on Sandridge Energy Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Sandridge Energy Inc in brief

What does Sandridge Energy Inc do?
Sandridge Energy Inc is a US-listed company in the oil & gas exploration & production industry. Its financial year ends in December.
What is Sandridge Energy Inc's stock ticker?
Sandridge Energy Inc trades under the ticker SD on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Sandridge Energy Inc's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Sandridge Energy Inc reported revenue of $180M, 23.2% higher than a year earlier, according to its SEC filings.
What is Sandridge Energy Inc's free cash flow?
Sandridge Energy Inc's free-cash-flow margin is 23.6% of revenue over the trailing twelve months, ranking 25 of the 51 oil & gas exploration & production companies we cover.
Who are Sandridge Energy Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Icahn Carl C, Blackrock, Inc. and State Street Corp. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Sandridge Energy Inc buying back stock, and does it pay a dividend?
Sandridge Energy Inc spent $517,000 on share repurchases over the trailing twelve months, and its diluted share count fell 0.2% over the year.
What is Sandridge Energy Inc's market cap?
On November 2, 2026, Sandridge Energy Inc's market capitalisation was about $497M, with a price-to-earnings ratio of 6.0 and net debt of -$113M. Market figures come from third-party market data and may be delayed.
Does Sandridge Energy Inc pay a dividend?
Yes: Sandridge Energy Inc paid $22.2M in dividends over the trailing twelve months, a dividend yield of 4.45% and a payout ratio of 26.7%.
Who are Sandridge Energy Inc's competitors?
In our Oil & Gas Exploration & Production peer group, the companies closest to Sandridge Energy Inc are Primeenergy Resources Corp, Dorchester Minerals, L.p., Battalion OIL Corp, Amplify Energy Corp. and Vitesse Energy, Inc. The side-by-side comparison below sets their revenue, margins and growth against Sandridge Energy Inc's.
When is Sandridge Energy Inc's next earnings date?
Around November 4, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Sandridge Energy Inc announces its own schedule.