SandRidge Energy, Inc. (SD) Q2 2025 Earnings Call Transcript
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.
SandRidge Energy Upgraded to Neutral on Gas Prices & Growth
SD earns a "Neutral" upgrade, backed by rising gas prices, a strong balance sheet and expected production gains in the second half of 2025.
SandRidge Energy: Cherokee Development To Boost Production Later In 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.
SandRidge Q1 Earnings Rise Y/Y on Strong Production & Gas Prices
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. (SD) Q1 2025 Earnings Call Transcript
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 Energy: Stronger Natural Gas Prices In 2025 Helps Fund Development
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 (SD) Q4 2024 Earnings Call Transcript
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: Still A Natural Gas Play
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 Energy: Oil Production Increases By Around 70% After Western Anadarko Deal Closes
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.
SandRidge Energy, Inc. (SD) Q3 2024 Earnings Call Transcript
SandRidge Energy, Inc. (NYSE:SD ) Q3 2024 Earnings Conference Call November 7, 2024 2:00 PM ET Company Participants Scott Prestridge - Senior Vice President, Finance & Strategy Grayson Pranin - Chief Executive Officer Jonathan Frates - Chief Financial Officer Dean Parrish - Chief Operating Officer Brandon Brown - Chief Accounting Officer Conference Call Participants Kyle May - Sidoti & Company Operator Thank you for standing by, and welcome to the SandRidge Energy Third Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise.
SandRidge Reports Y/Y Declines in Earnings and Revenues in Q3
Lower production and commodity price realizations hurt SD's earnings in Q3.
SandRidge Energy Plans To Invest In Cherokee Development
SandRidge provided guidance for approximately $33 million in 2H 2024 capex, up from $3 million in 1H 2024 capex. It is planning on completing 4 DUCs and starting up to three gross new wells in the Western Anadarko Basin. The extra spend will help SandRidge's 2025 results, but also reduce its 2H 2024 free cash flow to around $16 million at the current strip.
