SandRidge posts Q4 net income of USD 21.6 million up USD 4.1 million

Reuters03-05 05:23
SandRidge posts Q4 net income of USD 21.6 million up USD 4.1 million

SandRidge Energy reported Q4 FY2025 net income of USD 21.6 million (USD 0.59 per share) and adjusted net income of USD 12.5 million (USD 0.34 per share). Q4 adjusted EBITDA was USD 25.5 million and free cash flow was USD 14.4 million, with net cash provided by operating activities of USD 31.7 million. For FY2025, SandRidge posted net income of USD 70.2 million (USD 1.91 per share) on oil, natural gas and NGL revenue of USD 156.4 million, and generated adjusted EBITDA of USD 101.1 million. Year-end cash, cash equivalents and restricted cash totaled USD 112.3 million, and the company reported no outstanding term or revolving debt as of December 31, 2025. Operationally, FY2025 production averaged 18.5 MBoe/d, up 12% on a Boe basis and 32% on oil, supported by the Cherokee acquisition and an operated one-rig Cherokee development program; SandRidge spud eight wells and completed six during the year, with an average peak 30-day IP rate of about 2,000 gross Boe/d (~44% oil). Proved reserves increased to 69.1 MMBoe at December 31, 2025 from 63.1 MMBoe at December 31, 2024, with standardized measure and PV-10 of USD 439.6 million. The board declared a quarterly dividend of USD 0.12 per share (payable March 31, 2026; record date March 20, 2026) with an option to reinvest via the DRIP. In 2025, SandRidge paid USD 15.9 million (USD 0.46 per share) in regular quarterly dividends and repurchased 0.6 million shares for USD 6.4 million; USD 68.3 million remained under its USD 75.0 million repurchase authorization as of year-end. For 2026, SandRidge guided total production of 6.4–7.7 MMBoe and total capital expenditures of USD 76–97 million, reflecting plans to drill 10 and complete eight operated wells.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SandRidge Energy Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202603041622PR_NEWS_USPR_____DA01459) on March 04, 2026, and is solely responsible for the information contained therein.

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