| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 39.82 | 15.3% | 32.5% |
| Total Income | 39.82 | 15.3% | 32.5% |
| Expenditure | 24.78 | 54.9% | 14.9% |
| PBT | 15.95 | 18.5% | 58.7% |
| Net Profit | 15.95 | 18.5% | 37.4% |
| OPM | 37.77% | 15.91pp | 9.52pp |
| NPM | 40.06% | 16.58pp | 44.72pp |
| EPS | 0.44 | 17.0% | 36.2% |
SandRidge Energy Reports Q3 2025 Results; Production Up 12%
04 May 2026 · 4 May, 8:03 am
Summary
SandRidge Energy, Inc. announced its financial and operational results for the three and nine-month periods ended September 30, 2025. Production averaged 19.0 MBoe per day during the third quarter, representing a 12% increase compared to the same period in 2024. Oil production increased by 49%, and total revenues increased by 32% during the quarter versus the same period in 2024. The company's third-quarter net income was $16.0 million, or $0.44 per basic share, and adjusted EBITDA was $27.3 million.
Key Highlights
- 1
SandRidge Energy's production averaged 19.0 MBoe per day during the third quarter, a 12% increase versus the same period in 2024.
- 2
Oil production increased by 49% during the quarter compared to the same period in 2024.
- 3
Total revenues increased by 32% during the quarter versus the same period in 2024.
- 4
The company reported a third-quarter net income of $16.0 million, or $0.44 per basic share.
- 5
Adjusted EBITDA was $27.3 million for the three-month period ended September 30, 2025.
- 6
As of September 30, 2025, the Company had $102.6 million of cash and cash equivalents, including restricted cash.
- 7
The Board declared a dividend of $0.12 per share of the Company’s common stock.
Management Comments
Grayson Pranin
SandRidge delivered another strong quarter of results, which included further successes in our ongoing Cherokee drilling campaign in addition to continued optimization of our low-decline asset base. I'm particularly proud to announce that our team recently achieved four years without a recordable safety incident. This incredible achievement demonstrates our continued commitment to putting the health and safety of our employees and contractors at the forefront of our business. We continue to operate our existing assets extremely efficiently, driven by our low-cost expertise, and execute on our Cherokee development in an effective manner all while keeping our team safe.”
Informational and educational content only. Not investment advice.