NYSE$SD

SandRidge Energy Inc · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

SandRidge Energy Inc reported Q2 2025 results with higher revenues and net income driven by increased production volumes and commodity prices.

For the three months ended June 30, 2025, SandRidge Energy generated $34.5 million in revenues from oil, natural gas and NGL sales, up from $26.0 million in the prior-year quarter. The company posted net income of $19.6 million ($0.53 per share) and operating income of $18.5 million. Production averaged 17.8 MBoe/d, with total volumes of 1,619 MBoe.

  • Q2 revenues rose 33% year-over-year to $34.5 million on higher production and prices.
  • Net income more than doubled to $19.6 million ($0.53 EPS) versus $8.8 million in Q2 2024.
  • Lease operating expenses fell to $4.05 per Boe from $6.41 per Boe due to efficiency gains and a one-time accrual adjustment.
  • Cash and cash equivalents stood at $102.8 million with no debt outstanding at quarter end.

Headline financials

Total Revenue

$34.5M

Previous: $26M+32.9%
EPS (adj)

$0.53

Previous: $0.24+120.8%
Oil production (Bbl)

270.0K

No prior period
Natural gas production (Mcf)

4.8B

No prior period
NGL production (Bbl)

548.0K

No prior period
Average daily production

17.8

No prior period
Capital Expenditures

-$22M

Previous: -$3.58M-515.7%
Net Income

$19.6M

Previous: $8.79M+122.4%
Operating Income

$18.5M

Previous: $6.22M+198.0%
Cash & Equivalents

$103M

No prior period
Total Assets

$602M

No prior period

Revenue & EPS history

SandRidge · Revenue · Quarterly

$34.5M

Q2 2025+32.9%vs Q2 2024
Beat estimate in 2 of 6 quarters(33%)
ActualEstimate

Revenue by segment

SandRidge · $34.5M total across 3 segments · Q2 2025

  • Oil
    $17M
  • NGL
    $8.83M
  • Natural gas
    $8.75M

Forward guidance

Company plans one-rig development in Cherokee Shale, evaluation of M&A, production optimization, and leasing program while monitoring commodity prices.

Tailwinds

  • Strong balance sheet supports growth and capital return program
  • 95% of leasehold held by production

Headwinds

  • Potential curtailment of activity if commodity prices decline

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+0.3%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+1.0%

Avg return

30 days after

45%

17 / 38 earnings

Positive

+16.1%

Q3 2020

Best reaction

-20.3%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026+3.4%+3.6%+2.2%
Q4 2025-4.5%-7.0%-14.5%
Q3 2025+7.9%+8.6%+24.5%
Q1 2025-3.1%-5.2%+14.5%
Q4 2024+1.5%+1.5%-18.2%
Q3 2024+8.2%+4.4%-2.9%
Q2 2024+4.3%+3.8%-1.2%
Q1 2024-3.9%-2.9%-6.4%
Q4 2023+5.4%+3.4%+16.5%
Q3 2023-9.2%-11.4%-16.9%
Q2 2023-3.7%-4.0%-4.1%
Q1 2023+8.6%+7.3%+11.6%
Q4 2022+0.4%+3.7%+14.2%
Q3 2022-4.0%+12.4%+5.0%
Q2 2022-6.3%-3.1%+13.5%
Q1 2022+1.1%-12.3%+34.2%
Q4 2021+4.3%-1.8%+14.0%
Q3 2021-5.2%+4.7%-24.4%
Q2 2021+12.8%+20.5%+39.9%
Q1 2021+7.7%+11.4%+38.9%
Q4 2020-20.3%-16.1%-23.0%
Q3 2020+16.1%+25.0%+53.1%
Q2 2020-3.1%+8.0%+11.1%
Q1 2020-3.4%-1.3%-4.0%
Q4 2019+1.4%+4.3%-54.1%
Q3 2019-16.1%-23.9%-16.3%
Q2 2019-5.2%-9.2%-16.2%
Q1 2019-1.7%+1.2%-22.4%
Q4 2018-0.6%-9.9%+0.0%
Q3 2018+15.5%+12.3%+4.6%
Q2 2018-1.3%-0.5%-13.5%
Q1 2018-3.5%-3.5%+2.3%
Q4 2017-1.1%+1.0%-7.3%
Q3 2017-0.2%+3.8%+0.6%
Q2 2017-5.4%-6.0%-8.7%
Q1 2017+9.3%+9.2%+5.2%
Q4 2016-2.8%-5.9%-14.8%
Q3 2016+6.3%+8.1%+0.6%
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2012
Q4 2011
Q3 2011
Q2 2011
Q1 2011
Q4 2010
Q3 2010
Q2 2010
Q4 2009
Q1 2010
Q3 2008
Q3 2009
Q2 2009
Q4 2008
Q1 2009

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