What does gross margin mean?

Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

SandRidge Energy SD Gross margin

Discontinued — last reported Q3 '16

Gross margin at other companies

Northern Oil and GasNOG

74%-8.0pp

MTD

Matador ResourcesMTDR

94.4%-0.9pp

SM EnergySM

71.3%-4.4pp

Chord EnergyCHRD

74.2%—

Murphy OilMUR

100.4%+0.5pp

Range ResourcesRRC

94.6%+1.4pp

Other financials

Income statement

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Revenue$49.8M+16.8%

Operating income$17.9M+46.5%

Net income$18.7M+43.1%

EPS (diluted)$0.50+42.9%

Balance sheet

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Cash & equivalents$104.1M+3.0%

Total debt$20.0M—

Total equity$526.0M+13.1%

Total assets$652.1M+10.9%

Cash flow

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Operating cash flow$19.8M-2.8%

CapEx$20.9M+225%

Free cash flow-$1.1M-108%

Valuation

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Market cap$500.98M+14.7%

P/E6.6×-0.1×

P/S3.1×-0.1×

Profitability

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Operating margin40.7%+13.9pp

Net margin46.4%-0.8pp

FCF margin16.2%-17.9pp

Returns & leverage

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Return on equity15.3%+0.6pp

Debt / equity0.1×—

Current ratio2.4×+0.3×

Where this comes from

Calculated from SandRidge Energy’s reported figures.

gross profit/total revenue=98.2%

Based on trailing twelve months.

The official record: SandRidge Energy’s 10-Q, filed November 8, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does gross margin mean?: Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.