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SandRidge Energy Reports Strong Operational and Financial Results for Third Quarter 2025

Overview

On November 5, 2025, SandRidge Energy, Inc. announced its financial and operational results for the three and nine-month periods ending September 30, 2025. This announcement showcases the company’s performance amidst evolving market conditions, emphasizing growth in production, revenue, and profitability. In addition to the positive financial updates, the company declared a quarterly dividend of $0.12 per share.

Financial Highlights

As of September 30, 2025, SandRidge held $102.6 million in cash and cash equivalents, which positions it well for future investments. Production averaged 19.0 MBoe per day during the third quarter, reflecting an increase of 12% compared to the same quarter in the previous year. Notably, oil production experienced significant growth, soaring by 49%, while total revenues climbed by 32% year-over-year, driven largely by contributions from the Cherokee acquisition and ongoing operational advancements.

Performance Breakdown

• - Net Income: For the third quarter, SandRidge reported a net income of $16.0 million, translating to $0.44 per basic share. When adjusted for non-recurring items, the net income stood at $15.5 million or $0.42 per share.
• - EBITDA: Adjusted EBITDA for the quarter reached approximately $27.3 million, indicating healthy operating performance amid industry challenges.
• - Production Metrics: The company successfully turned to sales four wells from its Cherokee development program, achieving an average peak initial production rate of around 2,000 gross Boe per day per well, with oil contributing to approximately 43% of this output.

Dividend Declaration

On November 4, the Board of Directors declared a $0.12 cash dividend per share, which is payable on November 28, 2025, to stockholders on record as of November 14, 2025. This dividend illustrates SandRidge's commitment to returning value to its shareholders. Investors also have the option to participate in the Dividend Reinvestment Plan, allowing them to convert dividends into additional shares of common stock.

Operational Outlook

Looking forward, SandRidge remains committed to optimizing its asset base and expanding its production capabilities. Grayson Pranin, the company’s President and CEO, emphasized the focus on safe operations, pointing out that the company achieved four consecutive years without a recordable safety incident. This milestone highlights the company’s dedication to employee safety and operational efficiency.

In addition to ongoing projects in the Cherokee Play, SandRidge is evaluating potential mergers and acquisitions to enhance its portfolio and optimize capital allocation. Drawing on its strong balance sheet, the company is well-positioned to pursue high-return growth projects, which are key to driving future shareholder returns.

Sustainability and ESG Commitment

SandRidge is also committed to environmental, social, and governance (ESG) practices. The company has prioritized safe resource extraction and is reducing its environmental footprint by avoiding routine flaring of natural gas, utilizing pipelines for water transport, and maintaining an efficient energy usage policy to power its operations. Their proactive measures in leak detection and operational monitoring further highlight their commitment to operational excellence in a sustainable manner.

Conclusion

In summary, SandRidge Energy, Inc. has posted robust financial outcomes for the third quarter and the first nine months of 2025, declaring a dividend as a testament to its strong operational performance and dedication to shareholders. As the company navigates the complexities of the oil and gas industry, its focus on efficiency, safety, and strategic growth initiatives positions it favorably for continued success. Stakeholders are encouraged to participate in the upcoming conference call scheduled for November 6, 2025, to discuss these results in further detail.

Contact Information

For more details about the financial results and future outlook, investors and other interested parties can access the conference call through the official SandRidge website, or contact their investor relations team directly.