SandRidge Energy

SD

Market cap $427M

SD's production growth, improved natural gas pricing and a cash-rich balance sheet support an "Outperform" rating despite oil price uncertainty.

OKLAHOMA CITY , Sept. 8, 2025 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company" or "SandRidge") (NYSE: SD) today announced that enrollment has opened for stockholders interested in participating in the Company's previously announced Dividend Reinvestment Plan ("DRIP"), which provides stockholders with a convenient and cost-effective way to reinvest cash dividends into additional shares of common stock.

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.

OKLAHOMA CITY , Aug. 6, 2025 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company" or "SandRidge") (NYSE: SD) today announced financial and operational results for the three and six-month periods ended June 30, 2025. Recent Highlights On August 5, 2025, the Board declared a $0.12 per share dividend, an increase of 9%, of the Company's common stock, payable on September 29, 2025 to shareholders of record on September 22, 2025.

OKLAHOMA CITY , Aug. 4, 2025 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company" or "SandRidge") (NYSE: SD) today announced plans to release second quarter 2025 operational and financial results after the close of trading on Wednesday, August 6, 2025. SandRidge will host a conference call on Thursday, August 7, 2025 at 1:00 p.m.

OKLAHOMA CITY , July 22, 2025 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company" or "SandRidge") (NYSE: SD) today announced that Brett Icahn will become a director of the Company effective August 1, 2025, increasing the Board size to six members. Brett Icahn (age 45) is a respected American investor and portfolio manager, currently serving as a member of the board of Icahn Enterprises L.P.

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.