SandRidge Energy, Inc. (SD) financial statements (2021 and earlier)

Company profile

Business Address 123 ROBERT S. KERR AVENUE
OKLAHOMA CITY, OK 73102-6406
State of Incorp. DE
Fiscal Year End December 31
SIC 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments22418  436181
Cash and cash equivalents22418  436181
Restricted cash and investments622    
Receivables202946  127506
Prepaid expense333  78
Derivative instruments and hedges, assets 05  84291
Other current assets010  2021
Other undisclosed current assets      (176)
Total current assets:513973  674832
Noncurrent Assets
Property, plant and equipment103 201  492576
Oil and gas property, full cost method106379749  1,7435,639
Long-term investments and receivables      11
Long-term investments      11
Derivative instruments and hedges      47
Deferred costs      56
Other noncurrent assets111  82165
Other undisclosed noncurrent assets 189    (68)
Total noncurrent assets:210569951  2,3176,427
TOTAL ASSETS:2616081,024  2,9917,259
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:5165112  428683
Accrued liabilities01     
Employee-related liabilities6713  4344
Interest and dividends payable001  9591
Other undisclosed accounts payable and accrued liabilities455798  291548
Derivative instruments and hedges, liabilities     1 
Asset retirement obligation162225  8 
Due to related parties      2
Deferred tax liabilities    96
Customer advances and deposits   33
Other liabilities11    5
Other undisclosed current liabilities      (35)
Total current liabilities:6988137  437784
Noncurrent Liabilities
Long-term debt and lease obligation2058   3,6323,195
Long-term debt, excluding current maturities2058   3,6323,195
Liabilities, other than long-term debt445939  11070
Asset retirement obligations415335  9554
Other liabilities365  1515
Total noncurrent liabilities:6411739  3,7413,265
Total liabilities:133205177  4,1794,049
Stockholders' equity
Stockholders' equity attributable to parent, including:128402848  (1,698)1,938
Common stock000  10
Treasury stock, value     (6)(7)
Additional paid in capital1,0621,0591,055  5,3015,204
Accumulated deficit(1,023)(745)(296)  (6,993)(3,257)
Warrants and rights outstanding898989    
Other undisclosed stockholders' equity attributable to parent     (1)(2)
Stockholders' equity attributable to noncontrolling interest     5101,272
Total stockholders' equity:128402848  (1,188)3,210
TOTAL LIABILITIES AND EQUITY:2616081,024  2,9917,259

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues115267   7691,559
Revenue, net  7631,553
Cost of revenue(53)(146)   (671)(582)
Gross profit:62121   98977
Operating expenses(335)(567)(4)  (4,740)(386)
Other operating income (expense), net(0)1     
Other undisclosed operating income (loss)0(1)     
Operating income (loss):(274)(447)(4)  (4,643)590
Nonoperating income (expense)(4)(3)   322(241)
Investment income, nonoperating      334
Other nonoperating income (expense)(2)0   23
Interest and debt expense(2)(0)   (321)(244)
Income (loss) from continuing operations before equity method investments, income taxes:(280)(449)(4)  (4,642)105
Other undisclosed income from continuing operations before income taxes20   321244
Income (loss) from continuing operations before income taxes:(278)(449)(4)  (4,321)350
Income tax expense (benefit)1    (0)2
Net income (loss):(277)(449)(4)  (4,321)352
Net income (loss) attributable to noncontrolling interest     624(99)
Net income (loss) attributable to parent:(277)(449)(4)  (3,698)253
Preferred stock dividends and other adjustments     (38)(50)
Net income (loss) available to common stockholders, basic:(277)(449)(4)  (3,735)203
Dilutive securities, effect on basic earnings per share      7
Net income (loss) available to common stockholders, diluted:(277)(449)(4)  (3,735)210

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(277)(449)(4)  (4,321)352
Comprehensive income (loss):(277)(449)(4)  (4,321)352
Comprehensive income (loss), net of tax, attributable to noncontrolling interest     624(99)
Comprehensive income (loss), net of tax, attributable to parent:(277)(449)(4)  (3,698)253

Statements sources

The financial statements are based on the company's filings with the 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.

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