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

SandRidge Q3 net income rises to $30.6 million, or $0.83 per share, from $16.0 million

Positive Impact 3 of 5 earnings Written later

SandRidge reported third-quarter 2026 net income of $30.6 million, or $0.83 per basic share, up from $16.0 million a year earlier, on revenue up 37% to $54.4 million and production up 10%. Net income includes a $14.2 million income tax benefit, and the company's adjusted net income was $23.8 million, or $0.64 per basic share, versus $0.42 a year earlier. The Board also declared a $0.13 per share dividend payable November 30, 2026, and the company reported no outstanding term or revolving debt as of September 30, 2026.

Key points

  • Third-quarter net income of $30.6 million, or $0.83 per basic share, versus $16.0 million, or $0.44 per basic share, in the third quarter of 2025
  • Adjusted net income of $23.8 million, or $0.64 per basic share, versus $15.5 million, or $0.42 per share, a year earlier
  • Revenue of $54.4 million, up 37% from $39.8 million; realized oil price fell to $85.27 per barrel from $95.35 in the second quarter
  • Dividend of $0.13 per share declared November 3, 2026, payable November 30, 2026 to holders of record on November 19, 2026; cash balance was $70.0 million on September 30, 2026

The filing

CompanySANDRIDGE ENERGY INC (SD)
Form8-K, current report
Filed with the SECNov 4, 2026, 5:14 PM ET
Accession number0001628280-26-070276

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 November 04, 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.