SandRidge Energy, Inc. Announces Financial and Operating Results for the Three and Nine-Month Periods Ended September 30, 2026 and Declares Dividend of $0.13 per Share

(NYSE:SD) SandRidge Energy, Inc. announced financial and operational results for the three and nine-month periods ended September 30, 2026. On November 3, 2026, the Board declared a dividend of $0.13 per share, payable on November 30, 2026 to stockholders of record on November 19, 2026, with an option for stockholders to receive dividends in cash or additional shares via the Dividend Reinvestment Plan. Production averaged 20.9 MBoe per day during the third quarter, representing a 10% increase on a Boe basis versus the same period in 2025. Oil production increased 8% and total revenues increased 37% during the quarter compared to the same period in 2025, driven by new production from the operated development program, higher commodity prices, and recently acquired assets. Third quarter net income was $30.6 million, or $0.83 per basic share, and adjusted net income was $23.8 million, or $0.64 per basic share. Adjusted EBITDA for the three-month period ended September 30, 2026 was $39.3 million. The company completed seven gross wells as part of its ongoing one-rig Cherokee development program in the first nine months of 2026. During the third quarter, SandRidge closed its previously announced acquisition of producing assets and leasehold interests in the Cherokee Play, adding approximately 7,000 net leasehold acres, interests in 21 wells, and eight proven development locations. As of September 30, 2026, SandRidge had $70.0 million of cash and cash equivalents, including restricted cash. Adjusted G&A for the third quarter was $1.8 million, or $0.94 per Boe. Lease operating expense for the third quarter was $11.0 million, or $5.75 per Boe. No shares were repurchased during the third quarter, but $68.3 million remained under the $75.0 million repurchase authorization as of September 30, 2026. Special dividends paid to date total $136,651,000, and quarterly dividends total $52,249,000, for total dividends of $188,900,000. Special dividends per share to date are $3.70, and quarterly dividends per share are $1.48, for total dividends per share of $5.18. Drilling, completion, and capital workover spend for the nine months ended September 30, 2026 was $57.3 million. Capital expenditures (excluding acquisitions and plugging and abandonment) for the same period were $60.7 million. The company’s total leasehold position, including Cherokee, NW Stack, and legacy assets, is approximately 95% held by production. SandRidge maintains no outstanding term or revolving debt obligations as of September 30, 2026. The company has achieved five years without a recordable safety incident. The company’s hedging positions as of November 4, 2026 include oil fixed price swaps and costless collars, natural gas fixed price swaps and costless collars, and NGL fixed price swaps. The company continues to monitor commodity prices, project results, costs, and other factors to adjust its program as needed. SandRidge emphasizes ESG initiatives, including no routine flaring of produced natural gas, transporting nearly 90% of produced water via pipeline, and powering nearly all well sites with electricity.

SandRidge Energy, Inc. Announces Financial and Operating Results for the Three and Six-Month Periods Ended June 30, 2026 and Declares Dividend of $0.13 per Share

(NYSE: SD) SandRidge Energy, Inc. announced financial and operational results for the three and six-month periods ended June 30, 2026. On August 4, 2026, the Board declared a dividend of $0.13 per share, payable on August 31, 2026 to stockholders of record on August 19, 2026. As of June 30, 2026, the Company had $114.7 million of cash and cash equivalents, including restricted cash of $1.3 million, and no outstanding term or revolving debt obligations. Second quarter net income was $26.7 million, or $0.72 per basic share, with adjusted EBITDA of $34.0 million and production averaging 19.7 MBoe per day, an increase of 11% on a Boe basis versus the same period in 2025. Oil production increased 22% and total revenues increased 48% during the quarter versus the same period in 2025. The Company completed four wells as part of its ongoing one-rig Cherokee development program in the first half of 2026, with two more wells completed in July. The company anticipates closing its previously announced acquisition of certain producing assets and leasehold interests in the Cherokee Play in the third quarter 2026, adding approximately 7,000 net leasehold acres, interests in 21 wells, and eight proven development locations.

SANDRIDGE ENERGY, INC. ANNOUNCES ENTRY INTO DEFINITIVE AGREEMENT TO ACQUIRE ASSETS IN THE CHEROKEE PLAY

(NYSE: SD) SandRidge Energy, Inc. announced the entry into a definitive agreement to acquire certain producing assets and leasehold interests in the Cherokee Play in the Mid-Continent region for cash consideration of $65 million, before customary purchase price adjustments and potential post-closing adjustments. The acquisition assets include net production of approximately 3.0 MBoed (about 43% oil) and around 7,000 net leasehold acres, as well as interests in 21 wells and eight proven development locations. The effective date of the transaction is May 1, 2026, with anticipated closing in the third quarter 2026. SandRidge plans to fund the transaction with cash on hand and expects the acquisition to be immediately accretive to key metrics, including production, EBITDA, and free cash flow. Potential post-closing adjustments may include earn-outs of up to $6 million paid to the seller based on certain predetermined average future WTI prices. Sidley Austin LLP is serving as SandRidge's legal advisor for the transaction. SandRidge Energy, Inc. is an independent oil and gas company engaged in the production, development, and acquisition of oil and gas properties, with its primary area of operation in the Mid-Continent region.

SANDRIDGE ENERGY, INC. ANNOUNCES FINANCIAL AND OPERATING RESULTS FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2026, AN 8% INCREASE TO ITS ON-GOING QUARTERLY DIVIDEND TO $0.13 PER SHARE, AND A ONE-TIME DIVIDEND OF $0.20 PER SHARE

SandRidge Energy, Inc. (NYSE: SD) reported financial and operational results for the quarter ended March 31, 2026. The Board increased its ongoing quarterly dividend by 8% to $0.13 per share and declared a one-time dividend of $0.20 per share, both payable on June 1, 2026. The company had $104.1 million in cash and cash equivalents as of March 31, 2026, and reported first quarter net income of $18.7 million, or $0.51 per basic share. Production averaged 18.6 MBoe per day, a 4% increase over the same period in 2025, and total revenues rose 17% to $49,777,000 compared to the prior year quarter.