--- title: "Sandridge Energy | 8-K: FY2026 Q2 Revenue: USD 51.12 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/295024209.md" datetime: "2026-08-05T22:22:53.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295024209.md) - [en](https://longbridge.com/en/news/295024209.md) - [zh-HK](https://longbridge.com/zh-HK/news/295024209.md) generator: "portal-rs" --- # Sandridge Energy | 8-K: FY2026 Q2 Revenue: USD 51.12 M Revenue: As of FY2026 Q2, the actual value is USD 51.12 M. EPS: As of FY2026 Q2, the actual value is USD 0.72. EBIT: As of FY2026 Q2, the actual value is USD 26.85 M. ### Dividend Declaration SandRidge Energy, Inc.’s Board of Directors declared a dividend of $0.13 per share of common stock on August 4, 2026, payable on August 31, 2026, to stockholders of record as of August 19, 2026. ### Financial Performance (Three Months Ended June 30, 2026 vs. June 30, 2025) #### Net Income Net income for the second quarter of 2026 was $26,693 thousand, an increase from $19,558 thousand in the second quarter of 2025. Adjusted net income for the second quarter of 2026 was $20,973 thousand, up from $12,236 thousand in the prior year’s second quarter. #### Operational Cash Flow Net cash provided by operating activities significantly increased to $42,436 thousand in 2Q26 from $22,850 thousand in 2Q25. Adjusted operating cash flow also rose to $34,571 thousand in 2Q26, compared to $25,561 thousand in 2Q25. #### Free Cash Flow Free cash flow for the second quarter of 2026 was $23,241 thousand, a substantial increase from $9,813 thousand in the second quarter of 2025. #### Adjusted EBITDA Adjusted EBITDA for 2Q26 was $34,033 thousand, up from $22,822 thousand in 2Q25. #### Operating Costs Lease operating expense (LOE) was $10.3 million or $5.73 per Boe in 2Q26, compared to $6.556 million or $4.05 per Boe in 2Q25. Production, ad valorem, and other taxes were $3,210 thousand or $1.79 per Boe in 2Q26, up from $2,158 thousand or $1.33 per Boe in 2Q25. Depletion was $10,494 thousand or $5.84 per Boe in 2Q26, compared to $8,290 thousand or $5.12 per Boe in 2Q25. #### General and Administrative (G&A) General and administrative expenses were $3,769 thousand or $2.10 per Boe in 2Q26, compared to $3,028 thousand or $1.87 per Boe in 2Q25. Adjusted G&A was $2,729 thousand or $1.52 per Boe in 2Q26, compared to $2,382 thousand or $1.48 per Boe in 2Q25. ### Financial Performance (Six Months Ended June 30, 2026 vs. June 30, 2025) #### Net Income Net income for the six months ended June 30, 2026, was $45,363 thousand, compared to $32,607 thousand for the same period in 2025. Adjusted net income for the six months ended June 30, 2026, was $42,575 thousand, an increase from $26,770 thousand in the prior year’s period. #### Operational Cash Flow Net cash provided by operating activities for the six months ended June 30, 2026, was $62,195 thousand, up from $43,181 thousand in the prior year’s period. Adjusted operating cash flow was $68,998 thousand for the six months ended June 30, 2026, compared to $51,907 thousand for the same period in 2025. #### Free Cash Flow Free cash flow for the six months ended June 30, 2026, was $22,136 thousand, a decrease from $23,408 thousand for the same period in 2025. #### Adjusted EBITDA Adjusted EBITDA for the six months ended June 30, 2026, was $67,754 thousand, compared to $48,313 thousand for the same period in 2025. #### Capital Expenditures Capital expenditures for property, plant, and equipment for the six months ended June 30, 2026, totaled - $40,059 thousand, and acquisition of oil and natural gas assets was - $5,132 thousand. ### Operational Metrics (Three Months Ended June 30, 2026 vs. June 30, 2025) #### Production Total production was 1,797 MBoe in 2Q26, an increase from 1,619 MBoe in 2Q25. Daily production averaged 19.7 MBoed in 2Q26, up from 17.8 MBoed in 2Q25. Oil accounted for 18% of production in 2Q26 (up from 17% in 2Q25), natural gas 50% (up from 49% in 2Q25), and NGLs 32% (down from 34% in 2Q25). #### Revenues Oil, natural gas, and NGL revenues were $51,117 thousand in 2Q26, an increase from $34,531 thousand in 2Q25. Oil comprised 61% of revenues in 2Q26 (up from 49% in 2Q25), natural gas 14% (down from 25% in 2Q25), and NGLs 25% (down from 26% in 2Q25). #### Realized Prices The realized oil price per barrel was $95.35 in 2Q26, compared to $62.80 in 2Q25. The realized natural gas price per Mcf was $1.36 in 2Q26, down from $1.82 in 2Q25. The realized NGL price per barrel was $21.68 in 2Q26, up from $16.10 in 2Q25. The average realized price per Boe was $28.45 in 2Q26, an increase from $21.33 in 2Q25. ### Liquidity & Capital Structure As of June 30, 2026, SandRidge Energy, Inc. had $114.7 million in cash and cash equivalents, including restricted cash, and no outstanding term or revolving debt obligations. ### Share Repurchases As of June 30, 2026, $68.3 million remained under the $75.0 million repurchase authorization, with no shares repurchased during 2Q26. ### Outlook SandRidge Energy, Inc. is committed to growing its asset base safely and efficiently, allocating capital to high-return growth projects, and evaluating accretive merger and acquisition opportunities. The company plans to optimize production through artificial lift conversions and bolster future development with a leasing program in its Cherokee assets. These decisions will be influenced by forward-looking commodity prices, project results, costs, and the commitment to maintaining cash flows and prioritizing regular dividends. ### Related Stocks - [SD.US](https://longbridge.com/en/quote/SD.US.md) ## Related News & Research - [MGE Energy (MGEE), What Is Behind The Latest Attention?](https://longbridge.com/en/news/296732643.md) - [Hemisphere Energy Corporation declares CAD 0.025 dividend](https://longbridge.com/en/news/296493834.md) - [REG - Societe Generale SA DCC Energy PLC - Form 8.3 - DCC Energy plc](https://longbridge.com/en/news/296489817.md) - [NORCO: Q2 saw robust growth and record orders, with infrastructure and energy leading performance](https://longbridge.com/en/news/296469313.md) - [Algorhythm weighs acquisition of data center power generation firm in strategic review](https://longbridge.com/en/news/296343910.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**