Stockle - the stock oracle

SANDRIDGE ENERGY INC

NYSE:SD
US$13.72Close 7 Oct 2026 · delayed

Past year: ▲ 15%(11.91 – 17.53 USD)

Market cap
A$720m
Shares on issue
37.1m
In-ground value
A$125m
Risked multiple
0.17×
Story beats
32 since 2013
Last event
29 June 2026

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

29 June 2026material agreement▲ GoodMajor

SandRidge agreed to a second Cherokee-play bolt-on acquisition, buying producing assets from Rockies Resources Holdings for $65 million cash to expand the position it built with its 2024 Western Anadarko purchase.

Discuss in chat

3 Sept 2024asset acquisition disposition▲ GoodMajor

SandRidge closed its $144 million Western Anadarko Basin acquisition and raised its full-year 2024 production and spending guidance to reflect the new assets.

Discuss in chat

29 July 2024material agreement▲ GoodMajor

SandRidge agreed to acquire Cherokee-play oil and gas assets in the Western Anadarko Basin for $144 million cash, its first major acquisition since emerging from bankruptcy, adding about 6,000 barrels of oil equivalent per day of production.

Discuss in chat

16 Jan 2024dividend declaration▲ GoodMajor

SandRidge declared another one-time dividend, $1.50 per share (about $55 million), and raised its regular quarterly dividend 10% to $0.11 per share.

Discuss in chat

15 May 2023dividend declaration▲ GoodMajor

Now debt-free, SandRidge began returning cash to shareholders: a one-time $2.00-per-share dividend (about $74 million), a new $0.10 quarterly dividend, and a $75 million stock buyback program.

Discuss in chat

27 Apr 2023auditor change● Neutral

SandRidge dismissed Moss Adams as its auditor, its third auditor change in four years, again with no reported disagreements.

Discuss in chat

21 June 2022auditor change● Neutral

SandRidge dismissed Deloitte as its auditor after another competitive selection process, with no reported disagreements.

Discuss in chat

3 Sept 2021material agreement termination▲ GoodMajor

SandRidge repaid its remaining roughly $20 million of debt in full and terminated its Icahn-affiliated credit facility, leaving the company debt-free.

Discuss in chat

13 Aug 2021debt financing● Neutral

SandRidge finalized a swap intercreditor agreement with hedge counterparty J. Aron and Company and its Icahn-affiliated lender, putting the hedging-lien flexibility from July's amendment into effect.

Discuss in chat

28 July 2021material agreement● Neutral

SandRidge amended its Icahn-affiliated credit facility to allow it to grant liens securing its commodity hedges.

Discuss in chat

22 Apr 2021asset acquisition disposition● Neutral

SandRidge bought in the overriding royalty interests of SandRidge Mississippian Trust I as well, for $4.85 million gross, continuing its program of consolidating stakes in the legacy royalty trusts it partly owns.

Discuss in chat

11 Feb 2021asset acquisition disposition● Neutral

SandRidge's North Park Basin sale closed for net proceeds of $39.7 million after post-closing adjustments to the original $47 million price.

Discuss in chat

8 Feb 2021asset acquisition disposition● Neutral

SandRidge announced the closing of its $47 million North Park Basin asset sale to Gondola Resources.

Discuss in chat

14 Dec 2020material agreement▲ GoodMajor

SandRidge agreed to sell its North Park Basin assets in Colorado to Gondola Resources for $47 million, shedding a non-core area to focus on its Mid-Continent core and cash-optimization strategy.

Discuss in chat

1 Dec 2020debt financing▲ GoodMajor

SandRidge replaced its bank-led credit facility with a new $30 million facility from affiliates of Icahn Enterprises, its activist-turned-supportive major shareholder, extending its liquidity runway.

Discuss in chat

10 Sept 2020asset acquisition disposition● Neutral

SandRidge bought in the overriding royalty interests of SandRidge Mississippian Trust II, a public trust it partly owns, for $5.25 million gross.

Discuss in chat

1 Sept 2020asset acquisition disposition▲ GoodMajor

SandRidge closed the sale of its headquarters office tower for $35.4 million net, proceeds the company said should resolve doubts about its ability to continue as a going concern.

Discuss in chat

6 July 2020listing compliance notice▲ GoodMajor

the exchange certified SANDRIDGE ENERGY INC's securities for listing, clearing them to begin trading.

Discuss in chat

19 May 2020material agreement▲ GoodMajor

SandRidge agreed to sell its 30-story Oklahoma City headquarters office tower for $35.5 million, monetizing a non-core real estate asset amid the COVID-19 oil price crash.

Discuss in chat

27 June 2019debt financing● Neutral

SandRidge amended and restated its credit facility again, extending the maturity to 2021 while shrinking the facility to a $300 million borrowing base as its asset base contracted.

Discuss in chat

13 May 2019auditor change● Neutral

SandRidge dismissed PwC as its auditor following a competitive selection process for a new accounting firm, with no reported disagreements.

Discuss in chat

23 Jan 2018security holder rights change▼ BadMajor

Amid an activist campaign by Carl Icahn seeking board seats and governance changes, SandRidge's board rejected his specific proposals but raised the trigger threshold on its shareholder rights plan (poison pill) from 10% to 15%.

Discuss in chat

3 Jan 2018listing compliance notice▼ Bad

SANDRIDGE ENERGY INC withdrew a registration statement, abandoning the offering it covered.

Discuss in chat

28 Dec 2017business combination▼ BadMajor

SandRidge and Bonanza Creek mutually terminated their merger agreement after SandRidge's largest shareholders made clear they would vote it down, with SandRidge paying Bonanza Creek $3.7 million in expense reimbursement.

Discuss in chat

11 Dec 2017business combination● Neutral

SandRidge filed its SEC registration statement and joint proxy statement for the Bonanza Creek merger, including third-party reserve reports and fairness opinions supporting the deal.

Discuss in chat

15 Nov 2017business combination▲ GoodMajor

SandRidge agreed to acquire Bonanza Creek Energy for $36.00 per share in cash and stock, a deal that would add 67,000 net acres in Colorado's DJ Basin to its Mid-Continent portfolio.

Discuss in chat

15 Nov 2017business combination● Neutral

SandRidge filed the definitive merger agreement for its planned acquisition of Bonanza Creek Energy, formalizing the terms announced the same day.

Discuss in chat

23 June 2017listing compliance notice▼ BadMajor

SANDRIDGE ENERGY INC terminated the registration of a class of securities, ending its reporting obligation for them.

Discuss in chat

13 Feb 2017debt financing▲ GoodMajor

Now post-bankruptcy, SandRidge refinanced into a new $600 million credit facility with better pricing and looser covenants - a refinancing that also triggered mandatory conversion of its remaining $264 million of convertible notes into about 14.1 million shares.

Discuss in chat

4 Oct 2016listing compliance notice▲ GoodMajor

the New York Stock Exchange certified SANDRIDGE ENERGY INC's securities for listing, clearing them to begin trading.

Discuss in chat