SandRidge Energy's Q3 results reflect strong oil growth, higher y/y revenues, a solid cash flow and continued shareholder returns amid disciplined operations.
SandRidge's first operated Cherokee well had good early results with an IP-30 of around 2,300 BOEPD (49% oil). It also reduced its adjusted LOE by 21% per BOE compared to Q1 2025. SandRidge's free cash flow in 2H 2025 may be modest due to its capex budget being backloaded into the second half of the year.
SD posts strong Q2 results with higher output, lower costs and boosted dividends despite softer oil prices.
SandRidge Energy, Inc. (NYSE:SD ) Q2 2025 Earnings Conference Call August 7, 2025 2:00 PM ET Company Participants Brandon L. Brown - Senior VP & Chief Accounting Officer Dean Parrish - Senior VP & COO Grayson R.
SD earns a "Neutral" upgrade, backed by rising gas prices, a strong balance sheet and expected production gains in the second half of 2025.
Initial production from SandRidge's first new operated Cherokee well is expected in mid-May. Returns should be acceptable at $60s WTI oil if well results meet expectations. SandRidge is projected to generate $26 million in free cash flow at current strip.
SD posts strong Q1 results with 41% revenue growth, higher gas prices, and increased output driving earnings and free cash flow gains.
SandRidge Energy, Inc. (NYSE:SD ) Q1 2025 Earnings Conference Call May 8, 2025 2:00 PM ET Corporate Participants Scott Prestridge - Senior Vice President, Finance and Strategy Grayson Pranin - Chief Executive Officer Jonathan Frates - Chief Financial Officer Dean Parrish - Chief Operating Officer Brandon Brown - Chief Accounting Officer Conference Call Participants Operator Good afternoon and welcome to SandRidge Energy's First Quarter 2025 Earnings Conference Call. [Operator Instructions].
SandRidge intends to spend around $75 million on capex in 2025, up from $27 million in 2024. This is expected to slightly increase its oil production from Q4 2024 levels. SandRidge is projected to generate $28 million in free cash flow at the current strip.
SandRidge Energy (NYSE:SD ) Q4 2024 Earnings Conference Call March 11, 2025 2:00 PM ET Company Participants Scott Prestridge – Senior Vice President, Finance and Strategy Grayson Pranin – Chief Executive Officer Jonathan Frates – Chief Financial Officer Dean Parrish – Chief Operating Officer Brandon Brown – Chief Accounting Officer Conference Call Participants Christopher Dowd – Third Avenue Management Sergey Pigarev – Freedom Broker Operator Good afternoon. My name is Audra, and I will be your conference operator today.
SandRidge Energy has a strong financial position with substantial cash reserves and no long-term debt. The recent Anadarko acquisition, funded by cash, is expected to be accretive and increase the percentage of oil produced. The acquisition's proximity to existing operations minimizes risks.
SandRidge's legacy asset production increased by 7% in July/August compared to Q2 2024. This was primarily driven by NGL volumes boosted by ethane recovery, although oil volumes were still up marginally, halting previous declining trends. September production volumes only increased by around 3,000 BOEPD compared to July/August despite adding assets that previously produced around 6,000 BOEPD.