Sandridge Energy Inc
SD NYSE Crude Petroleum & Natural Gas Financials FY2015βFY2025
What Sandridge Energy Inc does
No business description yet.
- Legal name
- SANDRIDGE ENERGY INC
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K Β· Mar 5, 2026
- Accession Β· CIK
- 0001628280-26-015318
0001349436
Revenue and margins
Sandridge Energy Inc had $156M of revenue in fiscal 2025, up 24.8% on the year before.
Net income and earnings per share
Loss periods are shown in red.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cash flow
Free cash flow was $41.5M in fiscal 2025, 26.6% of revenue. Cash from operations minus capital spending.
Dividends, buybacks and share count
Sandridge Energy Inc returned $22.3M to shareholders in fiscal 2025, 54% of free cash flow. The diluted share count fell 0.8%.
Balance sheet
Cash, debt and the ratios that show how comfortably Sandridge Energy Inc can carry it.
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $137M | $256M | $252M | $98.1M | $111M |
| Debt incl. finance leases | $0.0M | β | β | β | β |
| Net debt / EBITDA | β1.1x | β | β | β | β |
| Debt / equity | 0.0x | β | β | β | β |
| Interest coverage | 282.4x | β | β | β | β |
| Current ratio | 2.5x | 4.8x | 5.6x | 2.1x | 2.2x |
| Quick ratio | 2.5x | 4.8x | 5.6x | 2.1x | 2.2x |
| Total assets | $353M | $600M | $574M | $582M | $644M |
| Total liabilities | $108M | $113M | $106M | $121M | $133M |
| Shareholders' equity | $245M | $488M | $468M | $461M | $511M |
| Net debt (β = net cash) | β$137M | β | β | β | β |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
| Test | FY15 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β | β | β |
| F-score | β / 3 | β / 5 | 3 / 8 | 5 / 8 | 6 / 8 | 5 / 7 | 5 / 7 | 4 / 7 | 7 / 7 |
| Accruals ratio | β139.3% | β14.4% | β69.9% | β72.2% | 2.1% | 16.3% | β9.3% | β1.9% | β4.9% |
| Altman Z'' | β18.38 | 3.62 | β7.42 | β19.27 | β1.99 | 5.55 | 4.57 | 2.11 | 3.10 |
10 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY15 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $769M | β | $349M | $267M | $115M | $169M | $254M | $149M | $125M | $156M |
| Net interest income | β$321M | β | β | β | β$2.0M | β$0.4M | $1.8M | $10.6M | β | β |
| Gross profit | $744M | β | β | β | β | β | β | β | β | β |
| Operating income | β$4.6B | β | β$10.4M | β$447M | β$274M | $114M | $175M | $64.2M | $33.2M | $61.0M |
| Interest expense | β | β | $2.8M | $3.0M | $2.0M | $0.4M | β | β | β | β |
| Pretax income | β$4.3B | β | β$9.1M | β$449M | β$278M | $117M | $178M | $74.8M | $40.8M | $64.7M |
| Income tax | $0.1M | β | β$0.1M | $0.0M | β$0.6M | $0.0M | β$64.5M | $14.0M | β$22.2M | β$5.5M |
| Net income | β$3.7B | β | β$9.1M | β$449M | β$277M | $117M | $242M | $60.9M | $63.0M | $70.2M |
| Net income to common | β$3.7B | β | β$9.1M | β$449M | β$277M | $117M | $242M | $60.9M | $63.0M | $70.2M |
| Diluted EPS | β$7.16 | β | β$0.26 | β$12.68 | β$7.77 | $3.13 | $6.52 | $1.64 | $1.69 | $1.90 |
| Diluted shares | 0.52B | β | 0.04B | 0.04B | 0.04B | 0.04B | 0.04B | 0.04B | 0.04B | 0.04B |
| Cash flow | ||||||||||
| Cash from operations | $374M | β | $146M | $121M | $36.2M | $110M | $165M | $116M | $73.9M | $100M |
| Capital expenditure | $879M | β | β | β | $8.3M | $11.6M | $44.1M | $26.4M | $26.4M | $58.6M |
| Free cash flow | β$506M | β | β | β | $27.9M | $98.7M | $121M | $89.2M | $47.5M | $41.5M |
| Depreciation and amortization | $367M | β | $139M | $159M | $58.1M | $15.4M | $17.9M | $22.2M | $32.5M | $42.9M |
| Stock-based compensation | $18.4M | β | $23.4M | $4.3M | $3.0M | $1.4M | $1.5M | $1.9M | $2.4M | $2.7M |
| Share buybacks | $0.0M | β | β | β | β | β | $0.0M | $0.0M | $0.2M | $6.4M |
| Dividends paid | β | β | β | β | β | $0.0M | $0.0M | $81.5M | $72.3M | $15.9M |
| Dividends and buybacks | $0.0M | β | β | β | β | $0.0M | $0.0M | $81.5M | $72.6M | $22.3M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $436M | $99.1M | $17.7M | $4.3M | $22.1M | $137M | $256M | $252M | $98.1M | $111M |
| Total debt | $3.6B | $37.5M | $0.0M | $57.5M | $20.0M | $0.0M | β | β | β | β |
| Current assets | $674M | $195M | $73.3M | $38.6M | $50.8M | $162M | $305M | $278M | $128M | $148M |
| Current liabilities | $437M | $199M | $137M | $88.4M | $68.9M | $64.0M | $63.3M | $49.3M | $60.6M | $68.0M |
| Property and equipment, net | $492M | $226M | $201M | $189M | $103M | $97.8M | $92.2M | β | β | β |
| Total assets | $2.9B | $1.1B | $1.0B | $608M | $261M | $353M | $600M | $574M | $582M | $644M |
| Total liabilities | $4.1B | $280M | $177M | $205M | $133M | $108M | $113M | $106M | $121M | $133M |
| Shareholders' equity | β$1.7B | $840M | $848M | $402M | $128M | $245M | $488M | $468M | $461M | $511M |
| Margins | ||||||||||
| Gross margin | 96.8% | β | β | β | β | β | β | β | β | β |
| Operating margin | β604.0% | β | β3.0% | β167.4% | β237.9% | 67.6% | 69.0% | 43.2% | 26.5% | 39.0% |
| EBITDA margin | β556.2% | β | 36.9% | β108.0% | β187.4% | 76.7% | 76.0% | 58.1% | 52.4% | 66.4% |
| Net margin | β481.0% | β | β2.6% | β168.4% | β241.2% | 69.1% | 95.2% | 40.9% | 50.3% | 44.9% |
| FCF margin | β65.8% | β | β | β | 24.2% | 58.4% | 47.4% | 60.0% | 37.9% | 26.6% |
| Net interest share of revenue | β41.8% | β | β | β | β1.7% | β0.2% | 0.7% | 7.1% | β | β |
| Returns | ||||||||||
| Return on capital | β256.7% | β | β1.0% | β77.5% | β171.6% | 105.6% | β | β | β | β |
| Return on capital employed | β186.9% | β | β1.2% | β86.0% | β142.5% | 39.5% | 32.7% | 12.2% | 6.4% | 10.6% |
| Return on equity | β | β | β1.1% | β71.9% | β104.6% | 62.5% | 66.1% | 12.7% | 13.6% | 14.5% |
| Return on assets | β126.5% | β | β0.8% | β55.1% | β63.9% | 38.0% | 50.8% | 10.4% | 10.9% | 11.5% |
| Return on tangible equity | β | β | β1.1% | β111.6% | β216.6% | 47.6% | 49.6% | 13.0% | 13.7% | 13.7% |
| Growth | ||||||||||
| Revenue growth | β | β | β | β23.6% | β56.9% | 46.9% | 50.6% | β41.5% | β15.7% | 24.8% |
| Net income growth | β | β | β | β | β | β | 107.4% | β74.9% | 3.5% | 11.5% |
| EPS growth | β | β | β | β | β | β | 108.3% | β74.8% | 3.0% | 12.4% |
| FCF growth | β | β | β | β | β | 254.2% | 22.2% | β26.0% | β46.7% | β12.6% |
| Share count change | β | β | β | 1.1% | 0.7% | 4.4% | β0.3% | β0.1% | 0.1% | β0.8% |
| Financial health | ||||||||||
| Net debt / EBITDA | β | β | β0.1x | β | β | β1.1x | β | β | β | β |
| Debt / equity | β | 0.0x | 0.0x | 0.1x | 0.2x | 0.0x | β | β | β | β |
| Interest coverage | β | β | β3.7x | β150.2x | β136.9x | 282.4x | β | β | β | β |
| Current ratio | 1.5x | 1.0x | 0.5x | 0.4x | 0.7x | 2.5x | 4.8x | 5.6x | 2.1x | 2.2x |
| Quick ratio | 1.5x | 1.0x | 0.5x | 0.4x | 0.7x | 2.5x | 4.8x | 5.6x | 2.1x | 2.2x |
| Capital allocation | ||||||||||
| Capex / revenue | 114.4% | β | β | β | 7.2% | 6.9% | 17.3% | 17.7% | 21.1% | 37.5% |
| Stock comp / revenue | 2.4% | β | 6.7% | 1.6% | 2.6% | 0.8% | 0.6% | 1.3% | 1.9% | 1.8% |
| Payouts / FCF | β | β | β | β | β | 0.0% | 0.0% | 91.4% | 152.7% | 53.6% |
| Quality scores | ||||||||||
| Piotroski F-score | β | β | β | 3.0 | 5.0 | 6.0 | 5.0 | 5.0 | 4.0 | 7.0 |
| Altman Z'' | β18.4 | β | 3.6 | β7.4 | β19.3 | β2.0 | 5.6 | 4.6 | 2.1 | 3.1 |
| Accruals ratio | β139.3% | β | β14.4% | β69.9% | β72.2% | 2.1% | 16.3% | β9.3% | β1.9% | β4.9% |
Source: SEC EDGAR XBRL filings (CIK 0001349436). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.