SANDRIDGE ENERGY INC (SD) Form 8-K — Nov 4, 2026
SandRidge Energy reported Q3 2026 net income of $30.6 million ($0.83 per basic share), nearly double the $15.95 million earned in Q3 2025, with revenues up 37% year-over-year to $54.4 million on higher production and commodity prices. Production averaged 20.9 MBoe per day, up 10% year-over-year, aided by the one-rig Cherokee Play development program and the recently closed bolt-on acquisition adding roughly 7,000 net leasehold acres in the Cherokee Play. The company remains debt-free with $70.0 million in cash and declared a $0.13 per share dividend payable November 30, 2026, while $68.3 million remains under its buyback authorization.
Key figures
- Eps
- 0.83
- Revenue
- 54416000
- Net Income
- 30615000
- Total Debt
- 0
- Revenue Yoy
- 37%
- Cash Position
- 70000000
- Adjusted Eps
- 0.64
- Free Cash Flow
- $10.5 million
- Adjusted EBITDA
- $39.3 million
- Production MBoed
- 20.9
- Buyback Remaining
- $68.3 million of $75.0 million authorization
- Dividend Per Share
- 0.13
- Acquisition Closed
- ~7,000 net leasehold acres, interests in 21 wells, 8 PUDs in Cherokee Play
- Adjusted Net Income
- $23.8 million
- Dividend Record Date
- 2026-11-19
- Nine Month Net Income
- $75.978 million
- Dividend Payable Date
- 2026-11-30
- Production Growth Yoy
- 10%
- Oil Production Growth Yoy
- 8%
AI analysis
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