The combination of strong production growth, reserve increases, debt-free balance sheet, and dividend increase suggests SandRidge is executing well on its development strategy. Traders should monitor 2026 execution against guidance and commodity price exposure, particularly given the company's significant natural gas price hedges in place.
Price Chart
Executive Summary
SandRidge Energy reported strong 2025 results with a 12% annual production increase and $70.2 million in net income, driven by its Cherokee acquisition. The company maintained a strong balance sheet with $112.3 million in cash and no debt, while increasing its quarterly dividend to $0.12 per share and providing 2026 guidance for continued development activity.
Key Financial Metrics
Key Facts
- 2025 net income of $70.2 million, up from $62.99 million in 2024
- Full-year 2025 production averaged 18.5 MBoe/d, a 12% increase from 2024
- Proved reserves increased from 63.1 MMBoe at year-end 2024 to 69.1 MMBoe at year-end 2025
- Company had $112.3 million in cash and cash equivalents with no outstanding debt as of December 31, 2025
- Board declared $0.12 per share quarterly dividend, up from $0.11 in previous quarters
- 2026 guidance includes drilling 10 and completing 8 new wells in the Cherokee play
Financial Impact
Revenue increased 24.8% to $156.36 million in 2025 from $125.29 million in 2024, with net income up 11.5% to $70.2 million
Segment Breakdown
| Segment |
|---|
| Cherokee |
Risk Factors
- Commodity price volatility, particularly for natural gas which comprised 49% of production
- Execution risk on 2026 drilling program
- Concentration risk in the Mid-Continent region
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001628280-26-014848 |
| Document: sd-20260303.htm | 0001628280-26-014848 |
| Document: 0001628280-26-014848-index-headers.html | 0001628280-26-014848 |
| Document: 0001628280-26-014848-index.html | 0001628280-26-014848 |
| Document: 0001628280-26-014848.txt | 0001628280-26-014848 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 5, 2026 8w ago | 8-K | $13.44 $14.31 | ▲ +6.47% | ▲ +5.87% | $13.62 (+1.34%) |
Jun 30, 2026 13w ago | 144 | $13.39 $13.63 | ▲ +1.79% | ▲ +3.98% | $13.62 (+1.72%) |
Jun 29, 2026 13w ago | 144 | $13.70 $13.43 | ▼ −1.97% | ▼ −0.94% | $13.62 (−0.58%) |
Jun 26, 2026 14w ago | 144 | $13.80 $13.82 | ▲ +0.14% | ▲ +0.42% | $13.62 (−1.30%) |
Jun 25, 2026 14w ago | 144 | $13.51 $14.19 | ▲ +5.03% | ▲ +3.77% | $13.62 (+0.81%) |
Jun 24, 2026 14w ago | 144 | $13.57 $14.19 | ▲ +4.57% | ▲ +4.04% | $13.62 (+0.37%) |
May 6, 2026 21w ago | 8-K | $14.99 $15.36 | ▲ +2.47% | ▼ −0.67% | $13.62 (−9.14%) |
Apr 27, 2026 22w ago | DEFA14A | $15.51 $14.74 | ▼ −4.96% | ▼ −10.43% | $13.62 (−12.19%) |
Apr 21, 2026 23w ago | 8-K | $15.06 $15.87 | ▲ +5.38% | ▲ +2.21% | $13.62 (−9.56%) |
Mar 5, 2026 30w ago | 8-K | $17.15 $15.45 | ▼ −9.90% | ▼ −6.11% | $13.62 (−20.57%) |
US Market Status
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