SandRidge Energy (SD) AI Stock Analysis

• Market Cap: $656.04M
• Dividend Yield: 3.19%
• Average Volume (3M): 307.49K
• Price to Earnings (P/E): 6.5
• Beta (1Y): 0.64
• Revenue Growth: 29.52%
• EPS Growth: 41.02%
• Country: US
• Employees: 104
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 0.34
• Shares Outstanding: 36,773,746
• 10 Day Avg. Volume: 301,430
• 30 Day Avg. Volume: 307,490
• PEG Ratio: 2.28
• Price to Book (P/B): 0.94
• Price to Sales (P/S): 3.47
• P/FCF Ratio: 9.14
• Enterprise Value/Market Cap: 0.80
• Enterprise Value/Revenue: 3.35
• Enterprise Value/Gross Profit: 5.47
• Enterprise Value/Ebitda: 4.82
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 1.69
• Revenue Forecast (FY): $187.50M

• Rating: 78 Outperform
• Price Target: $20.50 ▲(46.74% Upside)
• Action: Reiterated Date: 03/05/26
• Date: Action: Reiterated 03/05/26

The score is driven primarily by solid financial performance (strong profitability and cash generation with minimal leverage, though cyclical and with some balance-sheet data inconsistencies), supported by a strong technical setup (price above key moving averages with positive MACD) and attractive valuation (low P/E with a dividend). The earnings call adds a modest positive lift due to improved operating metrics and strong liquidity, partially offset by cost pressure and commodity-related variability.

Positive Factors

Cash generation

Consistent positive operating cash flow and free cash flow in the trailing twelve months indicate the business funds reinvestment, dividends, and development activity from operations. This durable cash generation supports self-funded growth, lowers financing risk, and improves resilience across commodity cycles.

Low reported leverage

Near-zero reported debt provides structural financial flexibility: it reduces interest burden, lets the company sustain capital programs in down cycles, supports dividend policy, and preserves optionality to opportunistically pursue acquisitions or accelerate development when commodity prices recover.

Successful Cherokee program

The productive Cherokee wells and strong short-cycle well performance demonstrate repeatable resource execution and inventory quality. Durable drilling results increase long-term production capacity, improve capital efficiency per well, and support sustainable free cash flow generation across multiple reinvestment cycles.

Negative Factors

Commodity cyclicality

Revenue and earnings are structurally exposed to commodity price swings, producing volatile top-line performance. That cyclicality makes cash flow and margin forecasting less reliable, forcing conservative reinvestment and hedging choices that can limit upside during recoveries or compress returns in downturns.

Rising operating costs

Material increase in lease operating expenses pressures margins and reduces free cash flow per barrel. If higher LOE is persistent, it erodes full-cycle returns on new wells, constrains dividend capacity or reinvestment unless offset by higher prices or productivity gains, and raises break-even economics.

Balance-sheet data quality

Apparent inconsistencies in reported equity and related metrics weaken confidence in leverage and capital-return assessments. Poor balance-sheet data quality complicates risk management, capital allocation decisions, and investor assessment of solvency or capacity to sustain dividends or buybacks over the medium term.

SandRidge Energy Business Overview & Revenue Model

Company Description

SandRidge Energy, Inc. engages in the acquisition, development, and production of oil and natural gas primarily in the United States Mid-Continent. As of December 31, 2021, it had an interest in 817.0 net producing wells; and operated approximately 368,000 net leasehold acres in Oklahoma and Kansas, as well as total estimated proved reserves of 71.3 million barrels of oil equivalent. The company was incorporated in 2006 and is headquartered in Oklahoma City, Oklahoma.

How the Company Makes Money

SandRidge Energy generates revenue primarily through the sale of crude oil, natural gas, and natural gas liquids produced from its operations. The company employs a revenue model based on the extraction and sale of hydrocarbon resources, with prices influenced by global energy markets. Key revenue streams include direct sales of produced hydrocarbons to refineries and wholesalers, as well as long-term contracts that may provide price stability. Additionally, SandRidge may engage in joint ventures and partnerships to enhance operational efficiency and expand its resource base, further contributing to its earnings. The company's financial performance is significantly affected by fluctuations in commodity prices, production volumes, and operational costs.

SandRidge Energy Financial Statement Overview

Summary

Income statement strength (78) and solid cash generation (73) support the score, including positive operating cash flow and free cash flow with OCF exceeding net income. This is tempered by cyclical, volatile multi-year results and balance-sheet data quality concerns in TTM (equity inconsistency), despite very low reported leverage and good cash reserves (balance sheet score 66).

Income Statement

Profitability is strong in TTM (Trailing-Twelve-Months) with solid gross and operating margins and healthy net income. Revenue rebounded in TTM after a down year in 2024, but the multi-year top-line trend is volatile (large swings across 2021–2024), which is typical for the sector but still a risk. Margins remain high versus history, though results are meaningfully below the exceptional 2021–2022 peak and include a severe downturn in 2020, highlighting cyclicality.

Balance Sheet

Financial leverage appears very low with reported total debt at (or near) zero in recent periods, which supports resiliency through commodity cycles. Returns on equity are positive and steady in 2023–TTM, but well below the outsized 2021–2022 levels. Data quality is a concern: TTM shows stockholders’ equity as 0 despite a non-zero return on equity and a non-zero debt-to-equity ratio, which limits confidence in some balance-sheet-based conclusions.

Cash Flow

Cash generation is solid in TTM (Trailing-Twelve-Months) with positive operating cash flow and free cash flow, and free cash flow growth is strong versus the prior period. Operating cash flow exceeds net income in TTM, supporting earnings quality. The key weakness is that free cash flow is a relatively modest share of net income in TTM (lower conversion than in 2021–2024), indicating either higher reinvestment needs or working-capital/capex timing effects.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	156.36M	125.29M	148.64M	254.26M	168.88M	114.98M
Gross Profit	95.72M	46.02M	73.73M	179.21M	107.52M	3.83M
EBITDA	108.82M	73.36M	97.10M	187.74M	113.67M	-218.16M
Net Income	70.20M	62.99M	60.86M	242.17M	116.74M	-277.35M
Balance Sheet
Total Assets	644.02M	581.51M	574.17M	600.50M	352.91M	260.83M
Cash, Cash Equivalents and Short-Term Investments	111.00M	98.13M	252.41M	255.72M	137.26M	22.13M
Total Debt	0.00	0.00	0.00	0.00	0.00	20.00M
Total Liabilities	0.00	120.98M	106.06M	112.58M	107.59M	132.77M
Stockholders Equity	0.00	460.53M	468.11M	487.92M	245.32M	128.07M
Cash Flow
Free Cash Flow	56.36M	47.53M	77.94M	119.13M	98.62M	23.70M
Operating Cash Flow	100.14M	73.93M	115.58M	164.70M	110.26M	36.16M
Investing Cash Flow	-64.01M	-154.70M	-36.16M	-45.12M	22.97M	25.09M
Financing Cash Flow	-19.25M	-73.67M	-82.94M	-1.64M	-21.98M	-38.96M

SandRidge Energy Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 13.97
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SD, the sentiment is Positive. The current price of 13.97 is below the 20-day moving average (MA) of 17.09, below the 50-day MA of 15.67, and above the 200-day MA of 12.60, indicating a bullish trend. The MACD of 0.58 indicates Negative momentum. The RSI at 69.49 is Neutral, neither overbought nor oversold. The STOCH value of 70.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SD.

SandRidge Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SD	78 Outperform	$656.04M	6.50	14.08%	3.19%	29.52%	41.02%
GFR	71 Outperform	$758.69M	-12.75	16.30%	―	-21.67%	251.59%
GPRK	68 Neutral	$424.33M	7.68	22.13%	6.49%	-26.63%	-66.89%
EGY	66 Neutral	$551.53M	94.57	5.65%	7.20%	-23.00%	-68.20%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
SJT	61 Neutral	$235.37M	-632.04	-10.79%	―	-99.78%	-103.13%
ANNA	48 Neutral	$236.62M	12.87	-45.51%	―	―	-985.28%