SandRidge Energy, Inc. Announces Financial and Operating Results for the Three and Nine-Month Periods Ended September 30, 2026 and Declares Dividend of $0.13 per Share
PR Newswire•04/11/2026•16:15 ET
0
Key Highlights
- ➤Q3 net income $30.6 million, or $0.83 per basic share
- ➤Q3 revenue $54.4 million, up 37% year over year
- ➤Production averaged 20.9 MBoed, up 10% year over year
- ➤Board declared $0.13-per-share dividend, payable November 30, 2026
- ➤Cherokee acquisition added ~7,000 net leasehold acres and 21 wells
- ➤Cash $70.0 million; no outstanding term or revolving debt
Expert Statements
Grayson Pranin, President, Chief Executive Officer & Director of SandRidge Energy
“The Company continues to increase production versus last year, driven by our one-rig program in the Cherokee Play and the closing of the previously announced bolt-on acquisition, extending our efficient operations in the area. I continue to be amazed by the team's record of five years without a recordable safety incident while maintaining a low G&A burden and folding new assets into the portfolio. The Company has benefited from strong WTI prices this past quarter and year, with current WTI futures providing a potential tailwind through the end of the year and into next. This provides a positive backdrop for integrating the new assets into our development plans.”
SandRidge Energy, Inc. Announces Financial and Operating Results for the Three and Nine-Month Periods Ended September 30, 2026 and Declares Dividend of $0.13 per Share PR Newswire
OKLAHOMA CITY, Nov. 4, 2026 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company" or "SandRidge") (NYSE: SD) today announced financial and operational results for the three and nine-month periods ended September 30, 2026.
Get started
Create a free account to read the full story.