SANDRIDGE ENERGY INC (SD) has a current P/E ratio of 7.7, compared to its historical median P/E of 4.3. The stock is currently considered Expensive based on its historical valuation range.
SANDRIDGE ENERGY INC (SD) has a 5-year average return on invested capital (ROIC) of 50.3%. This indicates strong capital allocation and a potential competitive advantage.
SANDRIDGE ENERGY INC (SD) has a market capitalization of $510M. It is classified as a small-cap stock.
Yes, SANDRIDGE ENERGY INC (SD) pays a dividend with a trailing twelve-month yield of 3.07%. The company also returns capital through share buybacks, with a buyback yield of 0.27%.
Based on historical P/E analysis, SANDRIDGE ENERGY INC (SD) appears expensive. The current P/E of 7.7 is 79% above its historical median of 4.3. The estimated fair value CAGR (P/E method) is -2.0%.
SANDRIDGE ENERGY INC (SD) operates in the Crude Petroleum & Natural Gas industry, within the Energy sector.
SANDRIDGE ENERGY INC (SD) reported annual revenue of $156 million in its most recent fiscal year, based on SEC EDGAR filings.
We are an independent oil and natural gas company, organized in 2006, with a principal focus on acquisition, development and production activities in the U.S. Mid-Continent. As of December 31, 2025, we had an interest in 1,446 gross (825 net) producing wells, approximately 930 of which we operate, and 574,599 gross (378,537 net) total acres under lease. As of December 31, 2025, we had one active drilling rig. Total estimated proved reserves as of December 31, 2025, were 69.1 MMBoe. Our principal executive offices are located at 1 E. Sheridan Ave, Suite 500, Oklahoma City, Oklahoma 73104 and our telephone number is (405) 429-5500. Our annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and amendments to those reports are made available free of charge on our website at www.sandridgeenergy.com as soon as reasonably practicable after we file such material with, or furnish it to, the SEC.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 164M | 156M | 125M | 149M | 254M | 169M |
| Net Income | 76M | 70M | 63M | 61M | 242M | 117M |
| EPS | $2.06 | $1.90 | $1.69 | $1.64 | $6.52 | $3.13 |
| Free Cash Flow | 27M | 42M | 48M | 89M | 121M | 99M |
| ROIC | 17.0% | 16.0% | 11.5% | 23.3% | 103.1% | 97.5% |
| Gross Margin | - | 47.4% | 35.9% | 50.4% | 72.7% | 73.3% |
| Debt/Equity | 0.00 | 0.26 | 0.26 | 0.00 | 0.00 | 0.00 |
| Dividends/Share | $0.42 | $0.43 | $1.94 | $2.20 | $0.00 | $0.00 |
| Operating Income | 67M | 61M | 33M | 64M | 175M | 114M |
| Operating Margin | 40.7% | 39.0% | 26.5% | 43.2% | 69.0% | 67.6% |
| ROE | 14.4% | 14.5% | 13.6% | 12.7% | 66.1% | 62.5% |
| Shares Outstanding | 37M | 37M | 37M | 37M | 37M | 37M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 2.0B | 1.6B | N/A | 357M | 349M | 267M | N/A | 169M | 254M | 149M | 125M | 156M | 164M |
| Gross Margin | 8.1% | 45.7% | N/A | 32.1% | 8.7% | N/A | N/A | 73.3% | 72.7% | 50.4% | 35.9% | 47.4% | N/A |
| R&D | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A | 330M | 123M | 150M | 75M | 41M | 32M | 15M | 9.7M | 9.4M | 11M | 12M | 13M | 12M |
| EBIT | -169M | 590M | -4.6B | 40M | -10M | -447M | -274M | 114M | 175M | 64M | 33M | 61M | 67M |
| Op. Margin | -8.5% | 37.9% | N/A | 11.1% | -3.0% | -167.4% | N/A | 67.6% | 69.0% | 43.2% | 26.5% | 39.0% | 40.7% |
| Net Income | -609M | 203M | -3.7B | 47M | -9.1M | -449M | -277M | 117M | 242M | 61M | 63M | 70M | 76M |
| Net Margin | -30.7% | 13.0% | N/A | 13.2% | -2.6% | -168.4% | N/A | 69.1% | 95.2% | 40.9% | 50.3% | 44.9% | 46.4% |
| Non-Recurring | -373M | 193M | 4.5B | 7.0M | 24M | 410M | 259M | 20M | 382K | 406K | 474K | 1.1M | 1.2M |
| Returns on Capital | |||||||||||||
| ROIC | -3.2% | 12.9% | -105.7% | 7.1% | -1.1% | -68.7% | -91.2% | 97.5% | 103.1% | 23.3% | 11.5% | 16.0% | 17.0% |
| ROE | -29.1% | 10.8% | N/A | 7.0% | -1.1% | -71.9% | -104.6% | 62.5% | 66.1% | 12.7% | 13.6% | 14.5% | 14.4% |
| ROA | -7.0% | 2.7% | -72.9% | 4.2% | -0.8% | -55.1% | -63.9% | 38.0% | 50.8% | 10.4% | 10.9% | 11.5% | 11.6% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | 869M | 621M | 374M | 181M | 146M | 121M | 36M | 110M | 165M | 116M | 74M | 100M | 100M |
| Free Cash Flow | -628M | -932M | -506M | -38M | -42M | -70M | 28M | 99M | 121M | 89M | 48M | 42M | 27M |
| Owner Earnings | 153M | 107M | -12M | 34M | -17M | -41M | -25M | 93M | 145M | 91M | 39M | 55M | 52M |
| CapEx | 1.5B | 1.6B | 879M | 219M | 187M | 192M | 8.3M | 12M | 44M | 26M | 26M | 59M | 73M |
| Maint. CapEx | 630M | 494M | 367M | 132M | 139M | 159M | 58M | 15M | 18M | 22M | 32M | 43M | 44M |
| Growth CapEx | 867M | 1.1B | 512M | 87M | 48M | 33M | 0 | 0 | 26M | 4.2M | 0 | 16M | 29M |
| D&A | 630M | 494M | 367M | 132M | 139M | 159M | 58M | 15M | 18M | 22M | 32M | 43M | 44M |
| CapEx/OCF | N/A | N/A | N/A | N/A | N/A | N/A | 24.2% | 10.5% | 26.8% | 22.8% | 35.7% | N/A | 73.4% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 56M | 56M | 11M | 0 | 0 | 0 | 0 | 0 | 0 | 82M | 72M | 16M | 16M |
| Dividend Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 18.3% | 16.1% | N/A | 3.1% |
| Share Buybacks | 0 | 112M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 233K | 6.4M | 1.4M |
| Buyback Yield | N/A | N/A | N/A | 0.0% | N/A | N/A | N/A | N/A | N/A | N/A | 0.1% | 0.0% | 0.3% |
| Stock-Based Comp | 85M | 20M | 18M | 16M | 23M | 4.3M | 3.0M | 1.4M | 1.5M | 1.9M | 2.4M | 2.7M | 2.8M |
| Debt Repayment | 1.1B | 0 | 939M | 0 | 46M | 154M | 97M | 20M | 0 | 0 | 0 | 0 | 0 |
| Balance Sheet | |||||||||||||
| Net Debt | 2.4B | 3.0B | 3.2B | -62M | -18M | 53M | -2.1M | -137M | -256M | -252M | N/A | N/A | -103M |
| Cash & Equiv. | 815M | 181M | 436M | 99M | 18M | 4.3M | 22M | 137M | 256M | 252M | 98M | 111M | 103M |
| Long-Term Debt | 3.2B | 3.2B | 3.6B | 38M | 0 | 58M | 20M | 0 | 0 | 0 | N/A | N/A | N/A |
| Debt/Equity | 1.75 | 1.65 | -2.14 | 0.04 | 0.00 | 0.14 | 0.16 | 0.00 | 0.00 | 0.00 | 0.26 | 0.26 | 0.00 |
| Interest Coverage | -0.6 | 2.4 | -14.4 | 10.2 | -3.7 | -150.2 | -136.9 | 282.4 | 96.9 | 6.1 | 253.6 | 206.6 | 206.6 |
| Equity | 1.8B | 1.9B | -1.7B | 840M | 848M | 402M | 128M | 245M | 488M | 468M | 461M | 511M | 526M |
| Total Assets | 7.7B | 7.3B | 3.0B | 1.1B | 1.0B | 608M | 261M | 353M | 600M | 574M | 582M | 644M | 652M |
| Total Liabilities | 4.5B | 4.0B | 4.2B | 280M | 177M | 205M | 133M | 108M | 113M | 106M | 121M | 133M | 126M |
| Intangibles | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Retained Earnings | -3.5B | -3.3B | -7.0B | -287M | -296M | -745M | -1.0B | -906M | -664M | -603M | -540M | -470M | -451M |
| Working Capital | 308M | 47M | 237M | -3.8M | -64M | -50M | -18M | 98M | 242M | 229M | 67M | 80M | 83M |
| Current Assets | 1.2B | 832M | 674M | 195M | 73M | 39M | 51M | 162M | 305M | 278M | 128M | 148M | 143M |
| Current Liabilities | 934M | 784M | 437M | 199M | 137M | 88M | 69M | 64M | 63M | 49M | 61M | 68M | 59M |
| Per Share Data | |||||||||||||
| EPS | -22.23 | 7.35 | -125.30 | 1.44 | -0.26 | -12.68 | -7.77 | 3.13 | 6.52 | 1.64 | 1.69 | 1.90 | 2.06 |
| Owner EPS | 5.60 | 3.88 | -0.41 | 1.03 | -0.49 | -1.17 | -0.70 | 2.50 | 3.91 | 2.46 | 1.05 | 1.48 | 1.42 |
| Book Value | 66.59 | 70.07 | -56.95 | 25.70 | 24.29 | 11.36 | 3.59 | 6.58 | 13.14 | 12.61 | 12.36 | 13.83 | 14.26 |
| Cash Flow/Share | 31.68 | 22.46 | 12.53 | 5.54 | 4.17 | 3.42 | 1.01 | 2.96 | 4.43 | 3.11 | 1.98 | 2.71 | 3.26 |
| Dividends/Share | 2.02 | 2.01 | 0.38 | N/A | N/A | N/A | N/A | 0.00 | 0.00 | 2.20 | 1.94 | 0.43 | 0.42 |
| Shares Out. | 27.4M | 27.7M | 29.8M | 32.7M | 34.9M | 35.4M | 35.7M | 37.3M | 37.1M | 37.1M | 37.3M | 36.9M | 36.9M |
| Valuation | |||||||||||||
| P/E Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 2.5 | 1.8 | 7.1 | 6.1 | N/A | 6.7 |
| P/FCF | N/A | N/A | N/A | N/A | N/A | N/A | 2.9 | 3.0 | 3.6 | 4.8 | 8.1 | N/A | 19.2 |
| EV/EBIT | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 6.1 |
| Price/Book | N/A | N/A | N/A | N/A | 0.2 | 0.3 | 0.6 | 1.2 | 0.9 | 0.9 | 0.8 | N/A | 1.0 |
| Price/Sales | N/A | N/A | N/A | N/A | 1.0 | 0.6 | N/A | 1.2 | 1.8 | 3.0 | 3.6 | N/A | 3.1 |
| FCF Yield | N/A | N/A | N/A | N/A | -21.5% | -66.3% | 34.7% | 33.8% | 27.4% | 20.8% | 12.3% | N/A | 5.2% |
| Market Cap | N/A | N/A | N/A | 0 | 193M | 106M | 80M | 292M | 440M | 429M | 386M | 0 | 510M |
| Avg. Price | N/A | N/A | N/A | 0.00 | 10.39 | 4.69 | 1.43 | 5.37 | 12.63 | 11.99 | 12.07 | 0.00 | 13.82 |
| Year-End Price | N/A | N/A | N/A | 0.00 | 5.53 | 2.99 | 2.25 | 7.83 | 11.85 | 11.57 | 10.34 | 0.00 | 13.82 |
SANDRIDGE ENERGY INC passes 4 of 9 quality checks, suggesting mixed fundamentals.
SANDRIDGE ENERGY INC trades at 7.7x trailing earnings, compared to its 15-year median P/E of 4.3x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 12.6x vs a median of 3.6x. The company's 5-year average ROIC is 50.3% with a gross margin of 55.9%. Total shareholder yield (dividends + buybacks) is 3.3%. At current prices, the estimated annualized return to fair value is -7.2%.
SANDRIDGE ENERGY INC (SD) has a net profit margin of 44.9%. This is a strong margin indicating high profitability.
SANDRIDGE ENERGY INC (SD) generated $42 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
SANDRIDGE ENERGY INC (SD) has a debt-to-equity ratio of 0.26. This indicates a conservatively financed balance sheet.
SANDRIDGE ENERGY INC (SD) reported earnings per share (EPS) of $1.90 in its most recent fiscal year.
SANDRIDGE ENERGY INC (SD) has a return on equity (ROE) of 14.5%. This indicates moderate shareholder returns.
SANDRIDGE ENERGY INC (SD) has a 5-year average gross margin of 55.9%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 18 years of financial data for SANDRIDGE ENERGY INC (SD), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
SANDRIDGE ENERGY INC (SD) has a book value per share of $13.83, based on its most recent annual SEC filing.