SandRidge Energy SD Sales tax refund on capitalized predecessor completion costs

Sales tax refund on capitalized predecessor completion costs at other companies

KEE

Keel Infrastructure Corp. Common StockKEEL

$24.4M—

BeldenBDC

$6.45M+286%

The Pennant Group, Inc.PNTG

$36K+800%

NavientNAVI

$1M—

First American FinancialFAF

$100K-95.2%

HTF

Heartflow, Inc. Common StockHTFL

$18K—

Questions, answered.

What is SandRidge Energy's sales tax refund on capitalized predecessor completion costs?

SandRidge Energy (SD) reported sales tax refund on capitalized predecessor completion costs of $700K in Q4 2025.

What does sales tax refund on capitalized predecessor completion costs mean?

Represents cash inflows resulting from the recovery of sales taxes previously paid on capitalized project costs, such as well completion or infrastructure development. This serves as a non-operating cash inflow that effectively reduces the net cost basis of capital investments. It is monitored to understand one-time recoveries that impact the net cash used in investing activities.