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AI brief of an SEC Form 8-K · SANDRIDGE ENERGY INC (SD)

SandRidge Q2 net income rises to $26.7 million; revenue up 48% from a year earlier

Positive Impact 3 of 5 earnings Written later

SandRidge reported second-quarter 2026 net income of $26.7 million, or $0.72 per basic share, compared with $19.6 million, or $0.53 per share, a year earlier. Revenue rose 48% year over year to $51.1 million, driven by higher oil prices and new production, though adjusted net income per share slipped from $0.59 in the first quarter to $0.57. The board also declared a $0.13 per share dividend.

Key points

  • Q2 2026 net income was $26.7 million, or $0.72 per basic share, up from $18.7 million, or $0.51, in Q1 2026 and $19.6 million, or $0.53, in Q2 2025.
  • Adjusted net income was $21.0 million, or $0.57 per basic share, down from $0.59 in Q1 2026 and up from $0.33 in Q2 2025.
  • Oil, natural gas and NGL revenue was $51.1 million, up 3% from Q1 2026 and 48% from Q2 2025; cash and cash equivalents were $114.7 million at June 30, 2026.
  • A $0.13 per share dividend is payable August 31, 2026 to holders of record on August 19, 2026, with a dividend reinvestment option; the Cherokee acreage acquisition is expected to close in Q3 2026.

The filing

CompanySANDRIDGE ENERGY INC (SD)
Form8-K, current report
Filed with the SECAug 5, 2026, 5:24 PM ET
Accession number0001628280-26-053557

Items reported: 2.02 Results of Operations8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.