SANDRIDGE ENERGY INC SD
We are an independent oil and natural gas company, organized in 2006, with a principal focus on acquisition, development and production activities in the U.S. Mid-Continent.
The Company's primary strategic focus is to grow the value of our asset base in a safe, responsible and efficient manner, while utilizing our net operating loss carry forwards to maximize cash flow. We will continue to exercise financial discipline and prudent capital allocation to projects we believe provide a high rate of return in the current commodity price environment, to include executing our planned development within the Cherokee play. We will also remain vigilant for opportunistic, value-accretive acquisitions and business combinations, with consideration of our balance sheet and commitment to our planned return of capital program.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $156.4M | $125.3M | $148.6M | $254.3M | $168.9M | $115.0M | $266.8M | $349.4M | $357.3M | — |
| Total operating expenses | $95.4M | $92.1M | $84.5M | $78.8M | $54.8M | $388.5M | $713.6M | $359.8M | $317.7M | — |
| Operating income | $61.0M | $33.2M | $64.2M | $175.5M | $114.1M | -$273.5M | -$446.8M | -$10.4M | $39.6M | — |
| Interest expense | — | — | $10.6M | $1.8M | $404.0K | $2.0M | $3.0M | $2.8M | $3.9M | — |
| Pre-tax income | $64.7M | $40.8M | $74.8M | $177.6M | $116.7M | -$278.0M | -$449.3M | -$9.1M | $38.3M | — |
| Income tax | $5.5M | $22.2M | $14.0M | $64.5M | $0 | $646.0K | $0 | $71.0K | $8.7M | — |
| Net income | $70.2M | $63.0M | $60.9M | $242.2M | $116.7M | -$277.4M | -$449.3M | -$9.1M | $47.1M | — |
| EPS, basic | 1.91 | 1.70 | 1.65 | 6.59 | 3.21 | -7.77 | -12.68 | -0.26 | 1.45 | — |
| EPS, diluted | 1.90 | 1.69 | 1.64 | 6.52 | 3.13 | -7.77 | -12.68 | -0.26 | 1.44 | — |
| Shares, diluted (wtd. avg.) | $36.9M | $37.2M | $37.1M | $37.2M | $37.3M | $35.7M | $35.4M | $35.1M | $32.7M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $111.0M | $98.1M | $252.4M | $257.5M | $139.5M | $28.3M | $6.0M | $19.6M | $101.3M | $174.1M |
| Receivables | $26.2M | $23.9M | $22.2M | $34.7M | $21.5M | $19.6M | $28.6M | $45.5M | $71.3M | — |
| Total current assets | $147.9M | $127.7M | $277.9M | $304.9M | $161.7M | $50.8M | $38.6M | $73.3M | $195.1M | — |
| Property, plant and equipment | — | — | — | $92.2M | $97.8M | $103.1M | $188.6M | $200.8M | $226.0M | — |
| Total assets | $644.0M | $581.5M | $574.2M | $600.5M | $352.9M | $260.8M | $607.7M | $1.02B | $1.12B | — |
| Accounts payable | $59.0M | $50.6M | $38.8M | $46.3M | $45.8M | $51.4M | $64.9M | $111.8M | $139.2M | — |
| Short-term debt | — | — | — | — | — | $0 | $0 | $0 | $0 | — |
| Total current liabilities | $68.0M | $60.6M | $49.3M | $63.3M | $64.0M | $68.9M | $88.4M | $137.2M | $198.9M | — |
| Long-term debt | — | — | — | — | $0 | $20.0M | $57.5M | $0 | $37.5M | — |
| Total liabilities | $133.2M | $121.0M | $106.1M | $112.6M | $107.6M | $132.8M | $205.2M | $176.6M | $279.7M | — |
| Retained earnings | -$469.8M | -$540.0M | -$602.9M | -$663.8M | -$906.0M | -$1.02B | -$745.4M | -$296.0M | -$286.9M | — |
| Total equity | $510.9M | $460.5M | $468.1M | $487.9M | $245.3M | $128.1M | $402.5M | $847.7M | $839.9M | $512.9M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $100.1M | $73.9M | $115.6M | $164.7M | $110.3M | $36.2M | $121.3M | $145.5M | $181.2M | — |
| Depreciation and amortisation | $42.9M | $32.5M | $22.2M | $17.9M | $15.4M | $58.1M | $158.6M | $139.3M | $131.9M | — |
| Stock-based compensation | $2.7M | $2.4M | $1.9M | $1.5M | $1.4M | $3.0M | $4.3M | $23.4M | $15.8M | — |
| Capital expenditure | $58.6M | $26.4M | $26.4M | $44.1M | $11.6M | $8.8M | $191.7M | — | — | — |
| Investing cash flow | -$64.0M | -$154.7M | -$36.2M | -$45.1M | $23.0M | $25.1M | -$189.8M | -$183.5M | -$245.7M | — |
| Financing cash flow | -$23.3M | -$73.7M | -$82.9M | -$1.6M | -$22.0M | -$39.0M | $54.8M | -$43.7M | -$8.2M | — |
| Dividends paid | $15.9M | $72.3M | $81.5M | $0 | $0 | — | — | — | — | — |
| Buybacks | $6.4M | $233.0K | $0 | $0 | — | — | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001140361-26-017133.
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