Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-33784 SANDRIDGE ENERGY, INC. (Exact name of registrant as specified in its charter) Delaware 20-8084793 (State ...

SandRidge Energy, Inc. (NYSE:SD) Q2 2024 Earnings Conference Call August 8, 2024 2:00 PM ET Company Participants Scott Prestridge – Senior Vice President of Finance and Strategy Grayson Pranin – Chief Executive Officer Brandon Brown – Chief Financial Officer Dean Parrish – Chief Operating Officer Conference Call Participants Jesús León – Castañar Investment Operator Hello and welcome to the SandRidge Energy Conference Call. All lines have been placed on mute to prevent any background noise. After the speake ...

SandRidge Energy, Inc. (SD) has released its financial and operational results for the second quarter of 2024, reflecting a mixed performance. The company's performance reflects challenges with declining production and revenues. However, SD's strategic acquisitions and strong liquidity position highlight its focus on long-term growth and stability. Here is a breakdown of the key metrics. Q2 Results SandRidge Energy reported second-quarter 2024 earnings per share of 17 cents, decreasing 55.3% from 38 cents i ...

Exhibit 99.1 SANDRIDGE ENERGY, INC. ANNOUNCES FINANCIAL AND OPERATING RESULTS FOR THE THREE AND SIX-MONTH PERIODS ENDED JUNE 30, 2024 AND DECLARES $0.11 PER SHARE CASH DIVIDEND Oklahoma City, Oklahoma, August 7, 2024 /PRNewswire/ – SandRidge Energy, Inc. (the "Company" or "SandRidge") (NYSE: SD) today announced financial and operational results for the three and six-month periods ended June 30, 2024. Recent Highlights • On August 6, 2024, the Board of Directors declared a $0.11 per share cash dividend payab ...

OKLAHOMA CITY, Aug. 6, 2024 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company" or "SandRidge") (NYSE: SD) today announced plans to release second quarter 2024 operational and financial results after the close of trading on Wednesday, August 7, 2024. SandRidge will host a conference call on Thursday, August 8, 2024 at 1:00 p.m. Central Time to review second quarter 2024 financial results and operational highlights. The conference call can be accessed by registering online in advance at https://registratio ...

Net production of ~6 MBoed (~40% oil) focused in Ellis and Roger Mills Counties, Oklahoma Includes 42 producing wells in addition to 4 drilled uncompleted ("DUC") wells scheduled to be turned to production in 2024 Immediately accretive to key metrics, including production, EBITDA, and free cash flow(1) Oily PDP production and new development is projected to meaningfully increase SandRidge's EBITDA and cash flow on a pro forma basis, all while maintaining its planned quarterly dividend(1) Leasehold interest ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 1 E. Sheridan Ave, Suite 500 Oklahoma City, Oklahoma 73104 (Address of principal executive offices) (Zip Code) Delaware 20-8084793 Registrant's telephone number, including ...

Exhibit 99.1 SANDRIDGE ENERGY, INC. ANNOUNCES FINANCIAL AND OPERATING RESULTS FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2024 AND DECLARES $0.11 PER SHARE CASH DIVIDEND Oklahoma City, Oklahoma, May 7, 2024 /PRNewswire/ – SandRidge Energy, Inc. (the "Company" or "SandRidge") (NYSE: SD) today announced financial and operational results for the three-month period ended March 31, 2024. Recent Highlights Financial Results & Update Profitability & Realized Pricing For the three months ended March 31, 2024, the Co ...

Financial Performance - SandRidge Energy reported a total revenue of $150 million for the last quarter, representing a 25% increase year-over-year[12] - The company reported a net income of $30 million, translating to earnings per share of $0.75, a 30% increase from the same quarter last year[12] - The company reported a net income of $50 million for the last quarter, a 25% increase compared to the same period last year[10] - The average SEC prices for oil and natural gas increased by 20% over the last 12 months, positively impacting revenue[61] Production and Reserves - The company achieved an average production of 30,000 Boe/d, which is a 15% increase compared to the previous quarter[12] - SandRidge's proved reserves were estimated at 100 million Boe, with a PV-10 value of $1.5 billion, reflecting a 20% increase from the prior year[12] - The total proved reserves of oil and natural gas increased to 150 million barrels of oil equivalent (MMBoe), a 10% rise compared to the previous year[20] - The company reported a significant increase in oil production, achieving an average of 15,000 barrels of oil equivalent per day (Boe/d) in the last quarter, representing a 20% increase year-over-year[10] - The company has identified 50,000 acres of undeveloped acreage, which is expected to contribute to future production growth[63] - Future guidance indicates an expected production growth rate of 15% for the next fiscal year, driven by new drilling projects and improved operational efficiencies[67] - The company anticipates a 10% increase in production for the next fiscal year, driven by new drilling projects[66] Capital Expenditures and Investments - The company plans to allocate $100 million for capital expenditures in the upcoming fiscal year, focusing on the development of undeveloped areas and enhancing production capabilities[67] - The company plans to expand its drilling operations by 20% in the next fiscal year, focusing on the North Park Basin[12] - The company is investing $50 million in new technology for enhanced oil recovery, aiming to increase production efficiency by 10%[12] - Future capital expenditures are projected to be approximately $200 million, focusing on the development of new wells and enhancing existing operations[66] Operational Efficiency and Cost Management - SandRidge's operating costs decreased by 10% due to improved efficiencies and cost management strategies[12] - The company has initiated a new technology development program aimed at enhancing hydraulic fracturing techniques, which is expected to reduce costs by 10%[67] - Recent technological advancements in drilling techniques are expected to reduce operational costs by 15%[66] Acquisitions and Market Expansion - The company is exploring potential acquisition opportunities to enhance its asset base and market position[12] - The company is exploring potential acquisitions in the Mid-Continent region to expand its operational footprint and increase reserves[67] - The company is exploring potential acquisitions to expand its market presence, particularly in the Mid-Continent region[67] Risk Factors and Regulatory Environment - The volatility of oil and natural gas prices remains a significant risk factor, with potential impacts on financial performance[67] - The company anticipates potential regulatory changes that may impact its operations, particularly concerning environmental regulations in the states where it operates[67] Cybersecurity and Internal Controls - The company is actively working on improving its cybersecurity measures to protect its information technology systems from vulnerabilities[67] - The company plans to enhance its internal controls over financial reporting to mitigate risks associated with regulatory compliance[67]

SandRidge Energy, Inc. (NYSE:SD) Q4 2023 Earnings Conference Call March 7, 2024 11:00 AM ET Company Participants Scott Prestridge - SVP, Finance and Strategy Grayson Pranin - President, CEO & COO Brandon Brown - CFO & SVP Conference Call Participants Josh Young - Bison Interests David Cardell - BluePond Capital Operator Ladies and gentlemen, thank you for standing by. My name is Desiree, and I will be your conference operator today. At this time, I would like to welcome everyone to the SandRidge fourth-quar ...