$SD
SANDRIDGE ENERGY INC Stock $sd

$sd Overview Financials Valuation SEC Filings Company Website

2023 Q4 Form 10-Q Financial Statement

#000162828023037414 Filed on November 07, 2023

Income Statement

Concept	2023 Q4	2023 Q3
Revenue	$33.93M	$38.15M
YoY Change	-39.54%	-46.19%
Cost Of Revenue	$12.26M	$13.50M
YoY Change	-8.63%	-6.65%
Gross Profit	$21.66M	$24.70M
YoY Change	-49.26%	-56.24%
Gross Profit Margin	63.85%	64.75%
Selling, General & Admin	$2.731M	$2.600M
YoY Change	15.43%	9.15%
% of Gross Profit	12.61%	10.53%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$5.891M	$5.900M
YoY Change	21.56%	26.26%
% of Gross Profit	27.2%	23.89%
Operating Expenses	$8.616M	$8.500M
YoY Change	18.79%	20.91%
Operating Profit	$13.05M	$16.18M
YoY Change	-63.19%	-69.8%
Interest Expense	$2.770M	$2.500M
YoY Change	-42.07%	-41.12%
% of Operating Profit	21.23%	15.45%
Other Income/Expense, Net	-$1.000K	$2.486M
YoY Change	-100.7%	1741.48%
Pretax Income	$15.75M	$18.67M
YoY Change	-61.3%	-65.25%
Income Tax	$13.96M	$0.00
% Of Pretax Income	88.62%	0.0%
Net Earnings	$1.792M	$18.67M
YoY Change	-98.3%	-65.25%
Net Earnings / Revenue	5.28%	48.94%
Basic Earnings Per Share		$0.51
Diluted Earnings Per Share	$0.05	$0.50
COMMON SHARES
Basic Shares Outstanding	37.09M shares	36.97M shares
Diluted Shares Outstanding		37.16M shares

Balance Sheet

Concept	2023 Q4	2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$252.4M	$230.7M
YoY Change	-1.3%	-3.42%
Cash & Equivalents	$252.4M	$230.7M
Short-Term Investments
Other Short-Term Assets	$3.281M	$1.479M
YoY Change	-57.65%	-6.51%
Inventory
Prepaid Expenses	$430.0K	$926.0K
Receivables	$22.17M	$25.66M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$277.9M	$260.3M
YoY Change	-8.87%	-6.58%
LONG-TERM ASSETS
Property, Plant & Equipment	$242.6M	$249.1M
YoY Change	163.01%	12.43%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$53.70M	$3.172M
YoY Change	28162.63%	1279.13%
Total Long-Term Assets	$296.3M	$316.8M
YoY Change	0.24%	42.84%
TOTAL ASSETS
Total Short-Term Assets	$277.9M	$260.3M
Total Long-Term Assets	$296.3M	$316.8M
Total Assets	$574.2M	$577.1M
YoY Change	-4.38%	15.32%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$38.83M	$34.50M
YoY Change	-3.6%	-25.93%
Accrued Expenses	$4.146M	$3.200M
YoY Change	19.45%	0.16%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$49.32M	$55.17M
YoY Change	-22.05%	-23.44%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$56.73M	$2.032M
YoY Change	3315.47%	15.65%
Total Long-Term Liabilities	$56.73M	$2.032M
YoY Change	3315.47%	15.65%
TOTAL LIABILITIES
Total Short-Term Liabilities	$49.32M	$55.17M
Total Long-Term Liabilities	$56.73M	$2.032M
Total Liabilities	$106.1M	$107.6M
YoY Change	-5.79%	-8.93%
SHAREHOLDERS EQUITY
Retained Earnings	-$602.9M	-$604.7M
YoY Change	-9.17%	-21.36%
Common Stock	$37.00K	$37.00K
YoY Change	0.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$468.1M	$469.5M
YoY Change
Total Liabilities & Shareholders Equity	$574.2M	$577.1M
YoY Change	-4.38%	15.32%

Cashflow Statement

Concept	2023 Q4	2023 Q3
OPERATING ACTIVITIES
Net Income	$1.792M	$18.67M
YoY Change	-98.3%	-65.25%
Depreciation, Depletion And Amortization	$5.891M	$5.900M
YoY Change	21.56%	26.26%
Cash From Operating Activities	$26.22M	$25.50M
YoY Change	-12.8%	-54.03%
INVESTING ACTIVITIES
Capital Expenditures	$694.0K	$12.50M
YoY Change	-94.64%	-165.21%
Acquisitions
YoY Change
Other Investing Activities	$61.00K	$100.0K
YoY Change		-29.58%
Cash From Investing Activities	-$633.0K	-$12.50M
YoY Change	-95.11%	-34.31%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-3.885M	-4.800M
YoY Change	1485.71%	366.93%
NET CHANGE
Cash From Operating Activities	26.22M	25.50M
Cash From Investing Activities	-633.0K	-12.50M
Cash From Financing Activities	-3.885M	-4.800M
Net Change In Cash	21.70M	8.200M
YoY Change	28.67%	-76.85%
FREE CASH FLOW
Cash From Operating Activities	$26.22M	$25.50M
Capital Expenditures	$694.0K	$12.50M
Free Cash Flow	$25.52M	$13.00M
YoY Change	49.18%	-82.58%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	190000	usd
CY2023Q3	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	64529000	usd
CY2022Q4	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	64529000	usd
CY2022Q4	us-gaap	Assets Assets	600497000	usd
CY2023Q3	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	38937000	usd
CY2022Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	46335000	usd
CY2023Q3	us-gaap	Asset Retirement Obligation Current AssetRetirementObligationCurrent	15574000	usd
CY2022Q4	us-gaap	Asset Retirement Obligation Current AssetRetirementObligationCurrent	16074000	usd
CY2023Q3	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	659000	usd
CY2022Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	870000	usd
CY2023Q3	us-gaap	Liabilities Current LiabilitiesCurrent	55170000	usd
CY2022Q4	us-gaap	Liabilities Current LiabilitiesCurrent	63279000	usd
CY2023Q3	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	50382000	usd
CY2022Q4	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	47635000	usd
CY2023Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	2032000	usd
CY2022Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	1661000	usd
CY2023Q3	us-gaap	Liabilities Liabilities	107584000	usd
CY2022Q4	us-gaap	Liabilities Liabilities	112575000	usd
CY2023Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2023Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	250000000	shares
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	250000000	shares
CY2023Q3	us-gaap	Common Stock Value CommonStockValue	37000	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	37000	usd
CY2023Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1074219000	usd
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1151689000	usd
CY2023Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-604739000	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-663804000	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	469517000	usd
CY2023Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	577101000	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	600497000	usd
CY2023Q3	us-gaap	Results Of Operations Production Or Lifting Costs ResultsOfOperationsProductionOrLiftingCosts	11450000	usd
	us-gaap	Results Of Operations Production Or Lifting Costs ResultsOfOperationsProductionOrLiftingCosts	31946000	usd
	us-gaap	Results Of Operations Production Or Lifting Costs ResultsOfOperationsProductionOrLiftingCosts	30067000	usd
CY2023Q3	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	2455000	usd
CY2022Q3	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-12000	usd
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	7782000	usd
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-191000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	59065000	usd
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.60
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.73
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.59
CY2022Q4	us-gaap	Derivative Asset Statement Of Financial Position Extensible Enumeration DerivativeAssetStatementOfFinancialPositionExtensibleEnumeration	http://fasb.org/us-gaap/2023#DerivativeAssetsCurrent
CY2023Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	3172000	usd
CY2023Q3	us-gaap	Assets Assets	577101000	usd
CY2023Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	37091000	shares
CY2023Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	37091000	shares
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	487922000	usd
CY2022Q3	us-gaap	Results Of Operations Production Or Lifting Costs ResultsOfOperationsProductionOrLiftingCosts	9693000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	18670000	usd
CY2023Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	18670000	usd
CY2022Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	53725000	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	53725000	usd
	us-gaap	Net Income Loss NetIncomeLoss	136941000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	136941000	usd
CY2023Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	211000	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	396000	usd
CY2023Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	576000	usd
CY2023Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	74380000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	16637000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	454698000	usd
CY2023Q3	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	718000	usd
CY2023Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	544000	usd
CY2023Q3	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	3677000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	18670000	usd
CY2023Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	469517000	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	245322000	usd
CY2022Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	235000	usd
CY2022Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	384000	usd
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	280195000	usd
CY2022Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	440000	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	48492000	usd
CY2022Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	329127000	usd
CY2022Q3	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	942000	usd
CY2022Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	384000	usd
CY2022Q3	us-gaap	Adjustments To Additional Paid In Capital Warrant Issued AdjustmentsToAdditionalPaidInCapitalWarrantIssued	5000	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	53725000	usd
CY2022Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	382299000	usd
	us-gaap	Net Income Loss NetIncomeLoss	59065000	usd
	us-gaap	Net Income Loss NetIncomeLoss	136941000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	16285000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	13038000	usd
	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	1447000	usd
	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	3194000	usd
	sd	Payments For Proceeds From Derivative Instruments Operating Activities PaymentsForProceedsFromDerivativeInstrumentsOperatingActivities	-5876000	usd
	sd	Payments For Proceeds From Derivative Instruments Operating Activities PaymentsForProceedsFromDerivativeInstrumentsOperatingActivities	867000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	1422000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	1131000	usd
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	118000	usd
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	115000	usd
	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	-8040000	usd
	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	12534000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	89359000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	134630000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	25681000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	31129000	usd
	sd	Payments To Acquire Assets Asset Acquisitions PaymentsToAcquireAssetsAssetAcquisitions	1431000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-35531000	usd
	us-gaap	Payments Of Dividends PaymentsOfDividends	77804000	usd
	us-gaap	Payments Of Dividends PaymentsOfDividends	0	usd
	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	414000	usd
	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	295000	usd
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	94000	usd
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	77000	usd
	us-gaap	Proceeds From Warrant Exercises ProceedsFromWarrantExercises	0	usd
	us-gaap	Proceeds From Warrant Exercises ProceedsFromWarrantExercises	5000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	929000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	1177000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-79053000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-25225000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	101079000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	257468000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	139524000	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	232243000	usd
	us-gaap	Interest Paid Net InterestPaidNet	75000	usd
	us-gaap	Interest Paid Net InterestPaidNet	198000	usd
	sd	Increase Decrease In Capital Expenditures Incurred But Not Yet Paid IncreaseDecreaseInCapitalExpendituresIncurredButNotYetPaid	888000	usd
	sd	Increase Decrease In Capital Expenditures Incurred But Not Yet Paid IncreaseDecreaseInCapitalExpendituresIncurredButNotYetPaid	8153000	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability	443000	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability	538000	usd
	us-gaap	Consideration Received For Beneficial Interest Obtained For Transferring Financial Asset ConsiderationReceivedForBeneficialInterestObtainedForTransferringFinancialAsset	1246000	usd
	us-gaap	Consideration Received For Beneficial Interest Obtained For Transferring Financial Asset ConsiderationReceivedForBeneficialInterestObtainedForTransferringFinancialAsset	0	usd
	us-gaap	Asset Retirement Obligation Liabilities Incurred AssetRetirementObligationLiabilitiesIncurred	12000	usd
	us-gaap	Asset Retirement Obligation Liabilities Incurred AssetRetirementObligationLiabilitiesIncurred	0	usd
	us-gaap	Asset Retirement Obligation Liabilities Settled AssetRetirementObligationLiabilitiesSettled	137000	usd
	us-gaap	Asset Retirement Obligation Liabilities Settled AssetRetirementObligationLiabilitiesSettled	0	usd
	us-gaap	Dividends Dividends	253000	usd
	us-gaap	Dividends Dividends	0	usd
	us-gaap	Comparability Of Prior Year Financial Data ComparabilityOfPriorYearFinancialData	Interim Financial Statements. The accompanying unaudited condensed consolidated financial statements and notes should be read in conjunction with the audited financial statements and notes contained in the Company’s 2022 Form 10-K. Certain information and disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) have been condensed or omitted, although the Company believes that the disclosures contained herein are adequate to make the information presented not misleading. In the opinion of management, the financial statements include all adjustments, which consist of normal recurring adjustments unless otherwise disclosed, necessary to fairly state the Company’s unaudited condensed consolidated financial statements.
	us-gaap	Use Of Estimates UseOfEstimates	<div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> The preparation of the unaudited condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.</span></div><div style="text-align:justify;text-indent:18pt"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">The more significant areas requiring the use of assumptions, judgments and estimates include: oil, natural gas, and NGL reserves; impairment tests of long-lived assets; the carrying value of unproved oil and natural gas properties; depreciation, depletion and amortization; asset retirement obligations; determinations of significant alterations to the full cost pool and related estimates of fair value used to allocate the full cost pool net book value to divested properties, as necessary; valuation allowances for deferred tax assets; income taxes; valuation of derivative instruments; contingencies; and accrued revenue and related receivables. Although management believes the estimates used in the areas noted above are reasonable, actual results could differ significantly from those estimates.</span></div>
CY2023Q3	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	0	usd
CY2022Q4	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	4429000	usd
CY2022Q4	us-gaap	Derivative Asset After Offset Subject To Master Netting Arrangement DerivativeAssetAfterOffsetSubjectToMasterNettingArrangement	0	usd
CY2022Q4	us-gaap	Derivative Assets DerivativeAssets	4429000	usd
CY2022Q4	us-gaap	Derivative Asset Fair Value Of Collateral DerivativeAssetFairValueOfCollateral	0	usd
CY2022Q4	us-gaap	Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral	4429000	usd
CY2022Q4	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	4429000	usd
CY2022Q4	us-gaap	Derivative Asset After Offset Subject To Master Netting Arrangement DerivativeAssetAfterOffsetSubjectToMasterNettingArrangement	0	usd
CY2022Q4	us-gaap	Derivative Assets DerivativeAssets	4429000	usd
CY2022Q4	us-gaap	Derivative Asset Fair Value Of Collateral DerivativeAssetFairValueOfCollateral	0	usd
CY2022Q4	us-gaap	Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral	4429000	usd
CY2022Q4	us-gaap	Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral	4429000	usd
CY2023Q3	us-gaap	Capitalized Costs Proved Properties CapitalizedCostsProvedProperties	1538863000	usd
CY2022Q4	us-gaap	Capitalized Costs Proved Properties CapitalizedCostsProvedProperties	1507690000	usd
CY2023Q3	us-gaap	Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative	11189000	usd
CY2022Q4	us-gaap	Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative	11516000	usd
CY2023Q3	us-gaap	Oil And Gas Property Full Cost Method Gross OilAndGasPropertyFullCostMethodGross	1550052000	usd
CY2022Q4	us-gaap	Oil And Gas Property Full Cost Method Gross OilAndGasPropertyFullCostMethodGross	1519206000	usd
CY2023Q3	us-gaap	Capitalized Costs Accumulated Depreciation Depletion Amortization And Valuation Allowance For Relating To Oil And Gas Producing Activities CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities	1388781000	usd
CY2022Q4	us-gaap	Capitalized Costs Accumulated Depreciation Depletion Amortization And Valuation Allowance For Relating To Oil And Gas Producing Activities CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities	1380574000	usd
CY2023Q3	us-gaap	Oil And Gas Property Full Cost Method Net OilAndGasPropertyFullCostMethodNet	161271000	usd
CY2022Q4	us-gaap	Oil And Gas Property Full Cost Method Net OilAndGasPropertyFullCostMethodNet	138632000	usd
CY2023Q3	us-gaap	Finance Lease Right Of Use Asset Before Accumulated Amortization FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization	1307000	usd
CY2022Q4	us-gaap	Finance Lease Right Of Use Asset Before Accumulated Amortization FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization	1468000	usd
CY2023Q3	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization	128585000	usd
CY2022Q4	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization	128734000	usd
CY2023Q3	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization	40761000	usd
CY2022Q4	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization	36490000	usd
CY2023Q3	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization	87824000	usd
CY2022Q4	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization	92244000	usd
CY2023Q3	sd	Total Property And Equipment Net TotalPropertyAndEquipmentNet	249095000	usd
CY2022Q4	sd	Total Property And Equipment Net TotalPropertyAndEquipmentNet	230876000	usd
CY2023Q3	us-gaap	Accounts Payable And Other Accrued Liabilities Current AccountsPayableAndOtherAccruedLiabilitiesCurrent	12567000	usd
CY2022Q4	us-gaap	Accounts Payable And Other Accrued Liabilities Current AccountsPayableAndOtherAccruedLiabilitiesCurrent	17989000	usd
CY2023Q3	sd	Production Payable Current ProductionPayableCurrent	21899000	usd
CY2022Q4	sd	Production Payable Current ProductionPayableCurrent	22290000	usd
CY2023Q3	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	3246000	usd
CY2022Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	3471000	usd
CY2023Q3	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	1225000	usd
CY2022Q4	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	2585000	usd
CY2023Q3	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	38937000	usd
CY2022Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	46335000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	64500000	usd
CY2023Q3	us-gaap	Deferred Tax Assets Operating Loss Carryforwards State And Local DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal	203000000	usd
CY2023Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	300000000	shares
CY2023Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	250000000	shares
CY2023Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2023Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2023Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2023Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	37100000	shares
CY2023Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	37100000	shares
CY2023Q2	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	75000000	usd
CY2023Q2	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	2.00
CY2023Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	73800000	usd
CY2023Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.10
CY2023Q3	us-gaap	Dividends Share Based Compensation Cash DividendsShareBasedCompensationCash	300000	usd
	us-gaap	Dividends Share Based Compensation Cash DividendsShareBasedCompensationCash	300000	usd
CY2023Q3	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	300000	usd
	sd	Tax Benefits Preservation Plan Ownership Threshold Beneficial Ownership Threshold Number Of Shareholders TaxBenefitsPreservationPlanOwnershipThresholdBeneficialOwnershipThresholdNumberOfShareholders	1	shareholder
	sd	Tax Benefits Preservation Plan Ownership Threshold Beneficial Ownership Threshold Period TaxBenefitsPreservationPlanOwnershipThresholdBeneficialOwnershipThresholdPeriod	P3Y
	sd	Tax Benefits Preservation Plan Ownership Threshold Beneficial Ownership Threshold Percent TaxBenefitsPreservationPlanOwnershipThresholdBeneficialOwnershipThresholdPercent	0.049
CY2023Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	38149000	usd
CY2022Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	70899000	usd
	us-gaap	Allowance For Doubtful Accounts Receivable Period Increase Decrease AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease	0	usd
	us-gaap	Allowance For Doubtful Accounts Receivable Period Increase Decrease AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease	0	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	18670000	usd
CY2023Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	18670000	usd
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	36969000	shares
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.51
CY2023Q3	us-gaap	Amount Of Dilutive Securities Stock Options And Restrictive Stock Units AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits	0	usd
CY2023Q3	us-gaap	Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends	118000	shares
CY2023Q3	sd	Dilutive Securities Effect On Basic Earnings Per Share Restrictive Stock Units DilutiveSecuritiesEffectOnBasicEarningsPerShareRestrictiveStockUnits	0	usd
CY2023Q3	sd	Incremental Common Shares Attributable To Dilutive Effect Of Nonvested Restricted Stock Unit With Forfeitable Dividends IncrementalCommonSharesAttributableToDilutiveEffectOfNonvestedRestrictedStockUnitWithForfeitableDividends	15000	shares
CY2023Q3	sd	Dilutive Securities Effect On Basic Earnings Per Share Performance Share Units DilutiveSecuritiesEffectOnBasicEarningsPerSharePerformanceShareUnits	0	usd
CY2023Q3	us-gaap	Weighted Average Number Of Shares Contingently Issuable WeightedAverageNumberOfSharesContingentlyIssuable	0	shares
CY2023Q3	sd	Dilutive Securities Effect On Basic Earnings Per Share Stock Options DilutiveSecuritiesEffectOnBasicEarningsPerShareStockOptions	0	usd
CY2023Q3	sd	Incremental Common Shares Attributable To Dilutive Effect Of Stock Options IncrementalCommonSharesAttributableToDilutiveEffectOfStockOptions	59000	shares
CY2023Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	18670000	usd
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	37161000	shares
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.50
CY2022Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	53725000	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	53725000	usd
	us-gaap	Net Income Loss NetIncomeLoss	59065000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	59065000	usd
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	36906000	shares
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.60
	sd	Dilutive Securities Effect On Basic Earnings Per Share Restrictive Stock Units DilutiveSecuritiesEffectOnBasicEarningsPerShareRestrictiveStockUnits	0	usd
	sd	Incremental Common Shares Attributable To Dilutive Effect Of Nonvested Restricted Stock Unit With Forfeitable Dividends IncrementalCommonSharesAttributableToDilutiveEffectOfNonvestedRestrictedStockUnitWithForfeitableDividends	161000	shares
	us-gaap	Amount Of Dilutive Securities Stock Options And Restrictive Stock Units AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits	0	usd
	us-gaap	Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends	8000	shares
	sd	Dilutive Securities Effect On Basic Earnings Per Share Performance Share Units DilutiveSecuritiesEffectOnBasicEarningsPerSharePerformanceShareUnits	0	usd
	us-gaap	Weighted Average Number Of Shares Contingently Issuable WeightedAverageNumberOfSharesContingentlyIssuable	0	shares
	sd	Dilutive Securities Effect On Basic Earnings Per Share Stock Options DilutiveSecuritiesEffectOnBasicEarningsPerShareStockOptions	0	usd
	sd	Incremental Common Shares Attributable To Dilutive Effect Of Stock Options IncrementalCommonSharesAttributableToDilutiveEffectOfStockOptions	48000	shares
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	59065000	usd
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	37123000	shares
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.59
	us-gaap	Net Income Loss NetIncomeLoss	136941000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	136941000	usd
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	36710000	shares
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.73
	us-gaap	Amount Of Dilutive Securities Stock Options And Restrictive Stock Units AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits		usd
	us-gaap	Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends	22000	shares
	sd	Dilutive Securities Effect On Basic Earnings Per Share Performance Share Units DilutiveSecuritiesEffectOnBasicEarningsPerSharePerformanceShareUnits	0	usd
	us-gaap	Weighted Average Number Of Shares Contingently Issuable WeightedAverageNumberOfSharesContingentlyIssuable	0	shares
	sd	Dilutive Securities Effect On Basic Earnings Per Share Stock Options DilutiveSecuritiesEffectOnBasicEarningsPerShareStockOptions	0	usd
	sd	Incremental Common Shares Attributable To Dilutive Effect Of Stock Options IncrementalCommonSharesAttributableToDilutiveEffectOfStockOptions	80000	shares
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	136941000	usd
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	37121000	shares
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.69

Files In Submission

Name	View Source	Status
FilingSummary.xml	Edgar Link	unprocessable
sd-20230930_def.xml	Edgar Link	unprocessable
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ex312cfo302certification09.htm	Edgar Link	pending
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Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
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report.css	Edgar Link	pending
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sd-20230930.xsd	Edgar Link	pending
sd-20230930_cal.xml	Edgar Link	unprocessable
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sd-20230930_htm.xml	Edgar Link	completed

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$SD
SANDRIDGE ENERGY INC Stock $sd

2023 Q4 Form 10-Q Financial Statement

#000162828023037414 Filed on November 07, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SD SANDRIDGE ENERGY INC Stock $sd

2023 Q4 Form 10-Q Financial Statement

#000162828023037414 Filed on November 07, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SD
SANDRIDGE ENERGY INC Stock $sd