secwatch.observer — SEC 8-K summary
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Issuer:     SANDRIDGE ENERGY INC (SD)
CIK:        0001349436
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0001628280-22-020692
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 $48.5M ($1.32/sh); Adjusted EBITDA $53.7M
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- Q2 adjusted EBITDA $53.7M, up from $39.4M in Q1; net income $48.5M ($1.32/sh).
- Production 17.8 MBoed, flat vs Q1, with no new completions; 29 wells returned to production in H1.
- Drilled first two wells of 2022 program in Q2; completions and first production started in Q3.
- Updated 2022 guidance: added three new wells to D&C program; expanded well reactivation activity.
- No open hedge positions as of June 30, 2022; adjusted G&A $1.8M ($1.09/Boe), down from Q1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1349436/000162828022020692/0001628280-22-020692-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1349436/000162828022020692/sd-20220803.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-020692

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