SandRidge announces second quarter 2026 results and dividend declaration
Net income was $26.7 million, with production up 11% year-over-year. The dividend is payable on August 31, 2026.
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Oil and gas exploration, production, and acquisition company
sandridgeenergy.comLast updated
In short: SandRidge reported increased second-quarter 2026 production and income while announcing a $65 million acquisition in the Cherokee Play.
Net income was $26.7 million, with production up 11% year-over-year. The dividend is payable on August 31, 2026.
The deal includes ~3.0 MBoed net production and ~7,000 net leasehold acres, closing expected in Q3 2026.
Net income of $18.7 million, adjusted EBITDA of $33.7 million, and an 8% dividend increase to $0.13 per share, plus a one-time dividend of $0.20 per share.
Results will be released after market close on May 6, 2026, with a conference call May 7 at 1:00 p.m. CT and a webcast archived for 30 days.
Detailed price information for Sandridge Energy Inc (SD-N) from The Globe and Mail including charting and trades.
Analysts: No analyst tone was observable because no questions were asked.
SandRidge Energy (NYSE:SD) reported higher second-quarter production, revenue and cash flow, supported by its operated Cherokee development program and stronger oil prices, while outlining plans...
Cautionary Note to Investors - This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended...
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