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Recent Updates — SD

August 5, 2026View Source ↗

SandRidge Energy reported second-quarter 2026 net income of $26.7 million, or $0.72 per basic share, driven by an 11% increase in production to 19.7 MBoe per day and higher commodity prices that boosted revenues by 48%. The company announced a quarterly cash dividend of $0.13 per share, payable on August 31, 2026, to stockholders of record as of August 19, 2026. SandRidge operates in the independent oil and gas industry, focusing on production, development, and acquisition of properties primarily in the Mid-Continent region.

June 29, 2026View Source ↗

SandRidge Energy, Inc. through its subsidiary SandRidge Exploration and Production, LLC, entered into a Purchase and Sale Agreement on June 26, 2026, to acquire oil and gas assets from Rockies Resources Holdings LLC and Rockies Resources Agent Corp. The acquisition is valued at $65,000,000 in cash at closing, plus three contingent earn-out payments of $2,000,000 each based on WTI crude oil price thresholds. The transaction is expected to closing in the third quarter of 2026. SandRidge Energy, Inc. is an oil and gas exploration and production company.

June 15, 2026View Source ↗

On June 10, 2026, SandRidge Energy's Board approved Amendment No. 3 to its Tax Benefits Preservation Plan, extending the expiration date from July 1, 2026, to July 1, 2029; this amendment requires stockholder approval at the 2027 Annual Meeting. Additionally, stockholders at the 2026 Annual Meeting approved an amendment to the 2016 Omnibus Incentive Plan, extending its expiration date to June 10, 2036. Other meeting outcomes included the election of six directors, the ratification of Grant Thornton LLP as the independent auditor, and a non-binding advisory vote approving named executive officer compensation. The company operates in the energy industry and focuses on oil and gas exploration and production.