secwatch.observer — SEC 8-K summary
======================================

Issuer:     SANDRIDGE ENERGY INC (SD)
CIK:        0001349436
Form:       8-K
Filed at:   2021-08-11T23:59:59+00:00
Accession:  0001628280-21-016467
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SandRidge Energy Q2 net income $16.3M ($0.45 EPS); launches $25M buyback
------------------------------------------------------------------------

- Net income of $16.3M ($0.45 per share); adjusted net income of $16.5M ($0.45 per share).
- Net cash increased $14.1M QoQ to $70.6M; total cash $90.6M as of June 30, 2021.
- Board authorized $25M share repurchase program, starting as early as August 16, 2021.
- Q2 production 19.0 MBoed, up from 17.5 MBoed in prior quarter despite no new drilling.
- Acquired overriding royalty interests from SandRidge Mississippian Royalty Trust for $3.6M net.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1349436/000162828021016467/0001628280-21-016467-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1349436/000162828021016467/sd-20210810.htm
  HTML page:      https://secwatch.observer/filing/0001628280-21-016467

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer