Earnings Releases·Nov 4, 2026, 5:14 PM ET

SandRidge Energy, Inc. — Third Quarter 2026 Earnings Summary

Net income for Q3 2026 rose to $30.6 million ($0.83 per share) from $15.9 million ($0.44 per share) in the prior year, while total revenues increased 37% year-over-year to $54.4 million.
Production averaged 20.9 MBoe per day, up 10% year-over-year, driven by a one-rig development program in the Cherokee Play and the recent acquisition of 7,000 net leasehold acres.
The company maintains a debt-free balance sheet with $70.0 million in cash, enabling a focus on reinvestment, a regular-way dividend, and the evaluation of accretive M&A opportunities.
Capital allocation includes a recently declared $0.13 per share dividend and a remaining $68.3 million in share repurchase authorization, with no shares repurchased during the quarter.
Future outlook remains positive with strong WTI futures providing a tailwind, though development decisions will continue to be adjusted based on commodity prices, cash flow maintenance, and reinvestment rates.