Sandridge Energy (SD)
NYSE:SD
Top Page
SandRidge Energy
(NYSE:SD)
Select Model
Select Model
Rating:77Outperform
Price Target:
$17.50
▲(25.27% Upside)
Action:ReiteratedDate:03/06/26
The score is driven primarily by strong current financial performance (profitability and cash generation with minimal reported leverage) and an attractive valuation (low P/E with a dividend). Technicals add support with a clear uptrend and positive MACD. Earnings-call takeaways are favorable (operational momentum and capital returns), but the outlook carries commodity and execution risk due to limited hedging and a wide 2026 guidance range.
Positive Factors
Strong cash generation & liquidity
Sustained operating cash flow (~$108M) and cash reserves (~$112M) provide durable funding for the $76–$97M 2026 capex plan, dividends, and buybacks without needing external financing. Reliable OCF improves financing flexibility, supports reinvestment in drilling, and cushions commodity downturns over the medium term.
Negative Factors
Limited hedged coverage
With only ~23% of 2026 volumes hedged, the majority of production is exposed to commodity price swings. That structural exposure increases volatility in revenue and distributable cash flow, making multi-year capital-return commitments and budgeted drilling programs sensitive to sustained moves in WTI or Henry Hub prices.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong cash generation & liquidity
Sustained operating cash flow (~$108M) and cash reserves (~$112M) provide durable funding for the $76–$97M 2026 capex plan, dividends, and buybacks without needing external financing. Reliable OCF improves financing flexibility, supports reinvestment in drilling, and cushions commodity downturns over the medium term.
Read all positive factors
SandRidge Energy (SD) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$583.68M
Dividend Yield3.19%
Average Volume (3M)468.94K
Price to Earnings (P/E)7.6
Beta (1Y)0.55
Revenue Growth29.52%
EPS Growth41.02%
CountryUS
Employees104
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)0.34
Shares Outstanding36,825,165
10 Day Avg. Volume618,981
30 Day Avg. Volume468,945
Financial Highlights & Ratios
PEG Ratio0.61
Price to Book (P/B)1.04
Price to Sales (P/S)3.39
P/FCF Ratio16.35
Enterprise Value/Market Cap0.81
Enterprise Value/Revenue3.02
Enterprise Value/Gross Profit7.01
Enterprise Value/Ebitda4.87
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)1.69
Revenue Forecast (FY)$187.50M
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 approximatel...
How the Company Makes Money
SandRidge primarily makes money by producing and selling crude oil and natural gas. Revenue is recognized based on volumes produced and delivered and the market prices received (often tied to commodity benchmarks, adjusted for quality, transportat...
SandRidge Energy Earnings Call Summary
Earnings Call Date:Mar 04, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:May 12, 2026
Earnings Call Sentiment Positive
The call highlighted meaningful operational momentum and financial improvement: double-digit production growth (12% BoE, 32% oil), revenue up 25%, adjusted EBITDA and adjusted operating cash flow up materially year-over-year, strong liquidity (~$112M cash), no debt, attractive Cherokee well results (avg ~2,000 Boe/day peak 30-day) and a low breakeven (~$35 WTI). Management also emphasized disciplined capital allocation, ongoing dividends and share repurchases, and a multi-year safety record. Offsetting items include modestly lower free cash flow year-over-year, some nonrecurring benefits embedded in LOE outperformance, a wide 2026 guidance range with timing/working-interest uncertainty, and limited initial hedged coverage leaving exposure to commodity volatility (notably lower oil realizations in the quarter). On balance, positive operational execution, strong balance sheet and improving cash generation outweigh the enumerated risks and near-term uncertainties.Positive Updates
Production Growth and Multiyear High
Full-year production averaged 18.5 MBoe/day, up 12% on a Boe basis and up 32% on oil versus 2024; fourth-quarter production averaged a multiyear high of 19.5 MBoe/day.
Negative Updates
Quarterly Commodity Realization Pressure on Oil and NGLs
Quarterly pre-hedge realizations declined for oil and NGLs versus the prior quarter: oil $57.56/bbl in the quarter vs $65.23/bbl in Q3; NGLs $14.92/bbl vs $15.61/bbl in Q3, exposing sensitivity to commodity price movement.
Read all updates
Q4-2025 Updates
Positive
Negative
Production Growth and Multiyear High
Full-year production averaged 18.5 MBoe/day, up 12% on a Boe basis and up 32% on oil versus 2024; fourth-quarter production averaged a multiyear high of 19.5 MBoe/day.
Read all positive updates
Company Guidance
Management guided 2026 production of 6.4–7.7 million Boe (midpoint ~7.05M), with total capital spending of $76–$97 million (midpoint ~$86.5M) split into $62–$80M of drilling & completions and $14–$17M of capital markovers, production optimization and selective leasing; the plan calls for drilling 10 operated Cherokee wells (one‑rig) and completing 8 (with 2 carryovers), gross well costs of roughly $9–$11M per well, hedges covering ~23% of the midpoint of 2026 guidance (approximately 37% of gas and 27% of oil), an expected ~20% increase in oil volumes year‑over‑year, planned Cherokee well breakevens near $35 WTI, and continued prioritization of the dividend/share repurchase program (board declared a $0.12/share dividend and ~$68.3M of buyback authorization remains).SandRidge Energy Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
66
Positive
Cash Flow
73
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 156.36M | 125.29M | 148.64M | 254.26M | 168.88M |
| Gross Profit | 67.45M | 46.02M | 73.73M | 179.21M | 107.52M |
| EBITDA | 97.12M | 73.36M | 97.10M | 187.74M | 113.67M |
| Net Income | 70.20M | 62.99M | 60.86M | 242.17M | 116.74M |
Balance Sheet | |||||
| Total Assets | 644.02M | 581.51M | 574.17M | 600.50M | 352.91M |
| Cash, Cash Equivalents and Short-Term Investments | 111.00M | 98.13M | 252.41M | 255.72M | 137.26M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 133.15M | 120.98M | 106.06M | 112.58M | 107.59M |
| Stockholders Equity | 510.87M | 460.53M | 468.11M | 487.92M | 245.32M |
Cash Flow | |||||
| Free Cash Flow | 32.45M | 47.53M | 77.94M | 119.13M | 98.62M |
| Operating Cash Flow | 100.14M | 73.93M | 115.58M | 164.70M | 110.26M |
| Investing Cash Flow | -64.01M | -154.70M | -36.16M | -45.12M | 22.97M |
| Financing Cash Flow | -23.30M | -73.67M | -82.94M | -1.64M | -21.98M |
SandRidge Energy Technical Analysis
Neutral
13.97
Price Trends
16.57
Negative
15.41
Positive
13.22
Positive
Market Momentum
-0.23
Positive
38.99
Neutral
14.98
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SD, the sentiment is Neutral. The current price of 13.97 is below the 20-day moving average (MA) of 16.52, below the 50-day MA of 16.57, and above the 200-day MA of 13.22, indicating a neutral trend. The MACD of -0.23 indicates Positive momentum. The RSI at 38.99 is Neutral, neither overbought nor oversold. The STOCH value of 14.98 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SD.
SandRidge Energy Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | $583.68M | 7.56 | 14.41% | 3.19% | 29.52% | 41.02% | |
69 Neutral | $668.30M | -9.15 | -8.46% | 7.20% | -23.00% | -68.20% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
| ― | $219.99M | -675.44 | -20.86% | ― | -99.78% | -103.13% | |
66 Neutral | $525.90M | 0.02 | 8.39% | ― | ― | -985.28% | |
63 Neutral | $553.65M | 7.68 | 16.86% | 6.49% | -26.63% | -66.89% | |
63 Neutral | $787.53M | -12.94 | 16.30% | ― | -21.67% | 251.59% |
* Energy Sector Average
SD
SandRidge Energy
15.85
7.11
81.39%
EGY
Vaalco Energy
6.41
3.51
120.88%
SJT
San Juan Basin Royalty
4.72
-0.09
-1.87%
GPRK
GeoPark
8.56
3.02
54.37%
GFR
Greenfire Resources
6.28
2.05
48.46%
ANNA
AleAnna
7.89
-2.61
-24.86%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.