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SandRidge Energy SD Reportable Segment — Lease operating expenses

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Other financials

Income statement

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Revenue$51.1M+48.0%
Operating income$26.0M+40.1%
Net income$26.7M+36.5%
EPS (diluted)$0.72+35.8%

Balance sheet

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Cash & equivalents$114.7M+10.1%
Total equity$542.7M+13.0%
Total assets$668.1M+10.9%

Cash flow

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Operating cash flow$42.4M+85.7%
CapEx$19.2M+23.0%
Free cash flow$23.2M+221%

Valuation

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Market cap$502.83M+31.2%
P/E6.1×+1.0×
P/S2.8×+0.2×

Profitability

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Gross margin98.2%
Operating margin41.1%+7.4pp
Net margin46.1%-5.7pp
FCF margin23.6%-7.3pp

Returns & leverage

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Return on equity16.2%-0.5pp
Debt / equity0.1×
Current ratio2.6×+0.3×

Where this comes from

Reported directly by SandRidge Energy in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseExpense.

The source filing: SandRidge Energy’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:45 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-054413
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
NGL12,5128,82721,59719,878
Total revenues51,11734,531100,89477,135
Expenses
Lease operating expenses10,3026,55621,08917,473
Production, ad valorem, and other taxes3,2102,1586,2315,257
Depreciation and depletion—oil and natural gas10,4948,29020,31416,706
Depreciation and amortization—other1,6241,6123,2473,215
General and administrative3,7693,0286,7576,881

Item 1. Financial Statements (Unaudited)

FAQ

What is SandRidge Energy's reportable segment — lease operating expenses?
SandRidge Energy (SD) reported reportable segment — lease operating expenses of $10.3M in Q2 2026.
How has SandRidge Energy's reportable segment — lease operating expenses changed year-over-year?
SandRidge Energy's reportable segment — lease operating expenses increased by 57.1% year-over-year, from $6.56M to $10.3M.
What is the long-term trend for SandRidge Energy's reportable segment — lease operating expenses?
Over 3 years (2022 to 2025), SandRidge Energy's reportable segment — lease operating expenses has grown at a -4.3% compound annual growth rate (CAGR), from $41.29M to $36.19M.
What does reportable segment — lease operating expenses mean?
Costs directly associated with the daily operation and maintenance of oil and gas wells and related production facilities. Monitoring these expenses is essential for evaluating the operational efficiency and lifting costs of the segment's assets.

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