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Stocks · Energy · Crude Petroleum & Natural Gas

SANDRIDGE ENERGY INC

SD Clue Score61
United States Fiscal year ends December CIK 0001349436
$14.01 +1.23% Close, 12 Oct 2026
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Price $14.01 +11.28% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 13 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue357.3Operating income39.6Net income47.1EPS, diluted1.44Fiscal year 2018Revenue349.4 −2.2%Operating income−10.4Net income−9.1 −119.3%EPS, diluted−0.26 −118.1%Fiscal year 2019Revenue266.8 −23.6%Operating income−446.8Net income−449.3EPS, diluted−12.68Fiscal year 2020Revenue115.0 −56.9%Operating income−273.5Net income−277.4EPS, diluted−7.77Fiscal year 2021Revenue168.9 +46.9%Operating income114.1Net income116.7EPS, diluted3.13Fiscal year 2022Revenue254.3 +50.6%Operating income175.5Net income242.2 +107.4%EPS, diluted6.52 +108.3%Fiscal year 2023Revenue148.6 −41.5%Operating income64.2Net income60.9 −74.9%EPS, diluted1.64 −74.8%Fiscal year 2024Revenue125.3 −15.7%Operating income33.2Net income63.0 +3.5%EPS, diluted1.69 +3.0%Fiscal year 2025Revenue156.4 +24.8%Operating income61.0Net income70.2 +11.5%EPS, diluted1.90 +12.4%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 357.3 349.4 266.8 115.0 168.9 254.3 148.6 125.3 156.4
Growth −2.2% −23.6% −56.9% +46.9% +50.6% −41.5% −15.7% +24.8%
Operating income 39.6 −10.4 −446.8 −273.5 114.1 175.5 64.2 33.2 61.0
Net income 47.1 −9.1 −449.3 −277.4 116.7 242.2 60.9 63.0 70.2
Growth −119.3% +107.4% −74.9% +3.5% +11.5%
EPS, diluted 1.44 −0.26 −12.68 −7.77 3.13 6.52 1.64 1.69 1.90
Growth −118.1% +108.3% −74.8% +3.0% +12.4%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2017Operating margin11.1%Net margin13.2%Fiscal year 2018Operating margin−3.0%Net margin−2.6%Fiscal year 2019Operating margin−167.4%Net margin−168.4%Fiscal year 2020Operating margin−237.9%Net margin−241.2%Free cash flow margin24.2%Fiscal year 2021Operating margin67.6%Net margin69.1%Free cash flow margin58.4%Fiscal year 2022Operating margin69.0%Net margin95.2%Free cash flow margin47.4%Fiscal year 2023Operating margin43.2%Net margin40.9%Free cash flow margin60.0%Fiscal year 2024Operating margin26.5%Net margin50.3%Free cash flow margin37.9%Fiscal year 2025Operating margin39.0%Net margin44.9%Free cash flow margin26.6%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin 11.1% −3.0% −167.4% −237.9% 67.6% 69.0% 43.2% 26.5% 39.0%
Net margin 13.2% −2.6% −168.4% −241.2% 69.1% 95.2% 40.9% 50.3% 44.9%
Free cash flow margin n/a n/a n/a 24.2% 58.4% 47.4% 60.0% 37.9% 26.6%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow181.2Fiscal year 2018Operating cash flow145.5Fiscal year 2019Operating cash flow121.3Fiscal year 2020Operating cash flow36.2Capital expenditure−8.3Free cash flow27.9Fiscal year 2021Operating cash flow110.3Capital expenditure−11.6Free cash flow98.7 +254.2%Dividends paid0.0Fiscal year 2022Operating cash flow164.7Capital expenditure−44.1Free cash flow120.6 +22.2%Buybacks0.0Dividends paid0.0Fiscal year 2023Operating cash flow115.6Capital expenditure−26.4Free cash flow89.2 −26.0%Buybacks0.0Dividends paid−81.5Fiscal year 2024Operating cash flow73.9Capital expenditure−26.4Free cash flow47.5 −46.7%Buybacks−0.2Dividends paid−72.3Fiscal year 2025Operating cash flow100.1Capital expenditure−58.6Free cash flow41.5 −12.6%Buybacks−6.4Dividends paid−15.9
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 181.2 145.5 121.3 36.2 110.3 164.7 115.6 73.9 100.1
Capital expenditure n/a n/a n/a −8.3 −11.6 −44.1 −26.4 −26.4 −58.6
Free cash flow n/a n/a n/a 27.9 98.7 120.6 89.2 47.5 41.5
Growth +254.2% +22.2% −26.0% −46.7% −12.6%
Buybacks n/a n/a n/a n/a n/a 0.0 0.0 −0.2 −6.4
Dividends paid n/a n/a n/a n/a 0.0 0.0 −81.5 −72.3 −15.9

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash99.1Total debt37.5Net cash (debt)61.6Shareholders’ equity839.9Debt to equity0.04Fiscal year 2018Cash17.7Total debt0.0Net cash (debt)17.7Shareholders’ equity847.7Debt to equity0.00Fiscal year 2019Cash4.3Total debt57.5Net cash (debt)−53.2Shareholders’ equity402.5Debt to equity0.14Fiscal year 2020Cash22.1Total debt20.0Net cash (debt)2.1Shareholders’ equity128.1Debt to equity0.16Fiscal year 2021Cash137.3Total debt0.0Net cash (debt)137.3Shareholders’ equity245.3Debt to equity0.00Fiscal year 2022Cash255.7Shareholders’ equity487.9Fiscal year 2023Cash252.4Shareholders’ equity468.1Fiscal year 2024Cash98.1Shareholders’ equity460.5Fiscal year 2025Cash111.0Shareholders’ equity510.9
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 99.1 17.7 4.3 22.1 137.3 255.7 252.4 98.1 111.0
Total debt 37.5 0.0 57.5 20.0 0.0 n/a n/a n/a n/a
Net cash (debt) 61.6 17.7 −53.2 2.1 137.3 n/a n/a n/a n/a
Shareholders’ equity 839.9 847.7 402.5 128.1 245.3 487.9 468.1 460.5 510.9
Debt to equity 0.04 0.00 0.14 0.16 0.00 n/a n/a n/a n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
357.3 349.4 266.8 115.0 168.9 254.3 148.6 125.3 156.4
Growth −2.2% −23.6% −56.9% +46.9% +50.6% −41.5% −15.7% +24.8%
39.6 −10.4 −446.8 −273.5 114.1 175.5 64.2 33.2 61.0
Growth −126.2% +53.8% −63.4% −48.2% +83.4%
38.3 −9.1 −449.3 −278.0 116.7 177.6 74.8 40.8 64.7
−8.7 −0.1 0.0 −0.6 0.0 −64.5 14.0 −22.2 −5.5
47.1 −9.1 −449.3 −277.4 116.7 242.2 60.9 63.0 70.2
Growth −119.3% +107.4% −74.9% +3.5% +11.5%
Per share
1.45 −0.26 −12.68 −7.77 3.21 6.59 1.65 1.70 1.91
1.44 −0.26 −12.68 −7.77 3.13 6.52 1.64 1.69 1.90
Growth −118.1% +108.3% −74.8% +3.0% +12.4%
32.4 35.1 35.4 35.7 36.4 36.7 36.9 37.1 36.8
32.7 35.1 35.4 35.7 37.3 37.2 37.1 37.2 36.9
Growth +7.3% +1.1% +0.7% +4.4% −0.3% −0.1% +0.1% −0.8%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 6.3% a year over five years.
  • The diluted share count rose 3.4% in five years, which is dilution.
  • Operating margin is up 276.9 points on five years ago, at 39.0%.
  • A net loss in 3 of 9 years on file.