For Q1 FY2026 ended March 31, 2026, SandRidge Energy reported revenue of $49.8 million, up 16.8% year-over-year. Net income was $18.7 million, a 43.1% increase from the prior year. Operating income rose 46.5% to $17.9 million, and diluted EPS grew 42.9% to $0.50. The company held $102.7 million in cash and had no long-term debt.
•Revenue increased 16.8% YoY to $49.8 million.
•Net income rose 43.1% YoY to $18.7 million.
•Diluted EPS grew 42.9% to $0.50.
•Cash balance was $102.7 million with no long-term debt.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
SandRidge Energy provides the acquisition, development, and production of oil and natural gas in the United States Mid-Continent region. As of December 31, 2025, it holds interests in 1,446 gross (825 net) producing wells, and one active drilling rig. The company was incorporated in 2006 and is based in Oklahoma City, Oklahoma.
SandRidge Energy, Inc. is an independent oil and natural gas company focused on the acquisition, development, and production of oil and natural gas in the United States Mid-Continent region. As of December 31, 2025, the company holds interests in 1,446 gross (825 net) producing wells and operates one active drilling rig. Its primary business involves exploring for and producing crude oil and natural gas from these wells, generating revenue through the sale of these commodities. The company's operations are concentrated in the Mid-Continent area, which includes parts of Oklahoma, Kansas, and Texas. SandRidge Energy is headquartered in Oklahoma City, Oklahoma, and was incorporated in 2006.
Where is SandRidge Energy (SD) listed and what currency does it trade in?
SandRidge Energy, Inc. is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol SD. The company's shares are denominated in US Dollars (USD), as it is a US-based corporation. Being listed on the NYSE provides investors with liquidity and access to one of the world's largest stock exchanges. The company's financial reporting and dividend payments, if any, are also in USD. Investors should consider currency risks if they are based outside the United States, but the primary trading currency remains the US Dollar.
What sector and industry does SandRidge Energy (SD) operate in?
SandRidge Energy, Inc. operates in the Energy sector, specifically within the Oil & Gas E&P (Exploration and Production) industry. This means the company is primarily involved in the exploration, development, and production of crude oil and natural gas reserves. As an E&P company, SandRidge focuses on finding and extracting hydrocarbons from subsurface reservoirs, rather than refining or marketing petroleum products. The Energy sector is capital-intensive and subject to commodity price volatility, regulatory changes, and geological risks. SandRidge's operations are concentrated in the Mid-Continent region of the United States, where it manages a portfolio of producing wells and drilling activities.
Where is SandRidge Energy (SD) headquartered and what is its geographic focus?
SandRidge Energy, Inc. is headquartered in Oklahoma City, Oklahoma, United States. The company's operations are geographically focused on the Mid-Continent region of the United States, which includes parts of Oklahoma, Kansas, and Texas. This region is known for its rich oil and natural gas deposits, including formations such as the Mississippian Lime and the Woodford Shale. As of December 31, 2025, SandRidge held interests in 1,446 gross (825 net) producing wells in this area, along with one active drilling rig. The company's strategy is to develop and produce hydrocarbons from these assets, leveraging its local expertise and infrastructure.
How does SandRidge Energy (SD) generate revenue?
SandRidge Energy generates revenue primarily through the sale of crude oil and natural gas produced from its wells. The company's business model involves acquiring, developing, and producing oil and natural gas reserves in the Mid-Continent region of the United States. As of December 31, 2025, SandRidge held interests in 1,446 gross (825 net) producing wells and operated one active drilling rig. Revenue is derived from the volumes of oil and natural gas sold, which are subject to commodity price fluctuations. The company may also generate income from the sale of natural gas liquids (NGLs) and other byproducts. SandRidge's financial performance is closely tied to energy prices and its ability to efficiently manage production costs and reserve replacement.