SandRidge Energy Inc. (SD) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
1 E. SHERIDAN AVE OKLAHOMA CITY, OK 73104 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 1311 - Crude Petroleum and Natural Gas (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 98,128 | 252,407 | 255,722 | 137,260 | 22,130 | 4,275 | |||
| Cash and cash equivalent | 98,128 | 252,407 | 255,722 | 137,260 | 22,130 | 4,275 | |||
| Restricted cash and investments | 1,383 | 1,537 | 1,746 | 2,264 | 6,136 | 1,693 | |||
| Receivables | 23,878 | 22,166 | 34,735 | 21,505 | 19,576 | 28,644 | |||
| Prepaid expense | 3,370 | 430 | 523 | 626 | 2,890 | 3,342 | |||
| Derivative instruments and hedges, assets | 114 | 4,429 | 114 | ||||||
| Other current assets | 780 | 1,314 | 7,747 | 80 | 80 | 538 | |||
| Total current assets: | 127,653 | 277,854 | 304,902 | 161,735 | 50,812 | 38,606 | |||
| Noncurrent Assets | |||||||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 92,244 | 97,791 | 103,118 | ||||||
| Oil and gas, full cost method, property and equipment, after accumulated depletion | 298,201 | 156,120 | 138,632 | 93,054 | 106,222 | 379,340 | |||
| Derivative instruments and hedges | 86 | ||||||||
| Deferred income tax assets | 72,801 | 50,569 | 64,529 | ||||||
| Other noncurrent assets | 2,081 | 3,130 | 190 | 332 | 680 | 1,140 | |||
| Other undisclosed noncurrent assets | 80,689 | 86,493 | 188,603 | ||||||
| Total noncurrent assets: | 453,858 | 296,312 | 295,595 | 191,177 | 210,020 | 569,083 | |||
| TOTAL ASSETS: | 581,511 | 574,166 | 600,497 | 352,912 | 260,832 | 607,689 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 50,625 | 38,828 | 46,335 | 45,779 | 51,426 | 64,937 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | ✕ | 61 | 461 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | 3,942 | 5,640 | 7,021 | ||
| Accrued liabilities | 2,912 | 4,146 | 3,471 | 234 | 477 | 514 | |||
| Other undisclosed accounts payable and accrued liabilities | 47,713 | 34,682 | 42,864 | 41,603 | 45,248 | 56,941 | |||
| Derivative instruments and hedges, liabilities | 21 | ||||||||
| Asset retirement obligation | 9,131 | 9,851 | 16,074 | 17,606 | 16,467 | 22,119 | |||
| Other liabilities | 839 | 645 | 870 | 627 | 984 | 1,367 | |||
| Total current liabilities: | 60,595 | 49,324 | 63,279 | 64,033 | 68,877 | 88,423 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 20,000 | 57,500 | |||||||
| Long-term debt, excluding current maturities | 20,000 | 57,500 | |||||||
| Liabilities, other than long-term debt | 60,385 | 56,731 | 49,296 | 43,557 | 43,889 | 59,314 | |||
| Asset retirement obligations | 59,449 | 54,553 | 47,635 | 41,762 | 40,701 | 52,897 | |||
| Other liabilities | 936 | 2,178 | 1,661 | 1,795 | 3,188 | 6,417 | |||
| Total noncurrent liabilities: | 60,385 | 56,731 | 49,296 | 43,557 | 63,889 | 116,814 | |||
| Total liabilities: | 120,980 | 106,055 | 112,575 | 107,590 | 132,766 | 205,237 | |||
| Equity | |||||||||
| Equity, attributable to parent | 460,531 | 468,111 | 487,922 | 245,322 | 128,066 | 402,452 | |||
| Common stock | 37 | 37 | 37 | 37 | 36 | 36 | |||
| Additional paid in capital | 1,000,455 | 1,071,021 | 1,151,689 | 1,062,737 | 1,062,220 | 1,059,253 | |||
| Accumulated deficit | (539,961) | (602,947) | (663,804) | (905,972) | (1,022,710) | (745,357) | |||
| Warrants and rights outstanding | 88,520 | 88,520 | 88,520 | ||||||
| Total equity: | 460,531 | 468,111 | 487,922 | 245,322 | 128,066 | 402,452 | |||
| TOTAL LIABILITIES AND EQUITY: | 581,511 | 574,166 | 600,497 | 352,912 | 260,832 | 607,689 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 125,290 | 148,641 | 254,258 | 168,882 | 114,976 | 266,845 | ||
| Cost of revenue | (26,600) | (14,072) | (5,468) | (11,290) | (53,223) | (146,162) | ||
| Gross profit: | 98,690 | 134,569 | 248,790 | 157,592 | 61,753 | 120,683 | ||
| Operating expenses | (65,464) | (70,391) | (73,339) | (43,505) | (335,260) | (567,450) | ||
| Other operating income (expense), net | (1,372) | 157 | 99 | 382 | (206) | 608 | ||
| Other undisclosed operating income (loss) | 1,372 | (157) | (99) | (382) | 206 | (608) | ||
| Operating income (loss): | 33,226 | 64,178 | 175,451 | 114,087 | (273,507) | (446,767) | ||
| Nonoperating income (expense) | 7,528 | 10,639 | 2,188 | 2,651 | (4,492) | (2,538) | ||
| Other nonoperating income (expense) | (216) | 87 | 378 | 3,055 | (2,494) | 436 | ||
| Interest and debt expense | (174) | (1,998) | (142) | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 40,754 | 74,817 | 177,639 | 116,564 | (279,997) | (449,447) | ||
| Other undisclosed income from continuing operations before income taxes | 174 | 1,998 | 142 | |||||
| Income (loss) from continuing operations before income taxes: | 40,754 | 74,817 | 177,639 | 116,738 | (277,999) | (449,305) | ||
| Income tax expense (benefit) | 22,232 | (13,960) | 64,529 | 646 | ||||
| Income (loss) from continuing operations: | 62,986 | 60,857 | 242,168 | 116,738 | (277,353) | (449,305) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 116,738 | (277,353) | (449,305) | |
| Net income (loss) available to common stockholders, diluted: | 62,986 | 60,857 | 242,168 | 116,738 | (277,353) | (449,305) | ||
Comprehensive Income ($ in thousands)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 62,986 | 60,857 | 242,168 | 116,738 | (277,353) | (449,305) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 62,986 | 60,857 | 242,168 | 116,738 | (277,353) | (449,305) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.