SandRidge reports Q3 2022 net income of $53.7M, $1.46 EPS; Adj. EBITDA $54.8M

SANDRIDGE ENERGY INC

2022-Q3 EPS reported $3.69 revenue$198,146,000

Net income $53.7M ($1.46 per basic share); adjusted net income $49.8M ($1.35 per basic share).
Adjusted EBITDA of $54.8M in Q3 2022, up from $53.7M in prior quarter.
Production of 17.8 MBoed consistent with prior quarters; 42 wells returned to production YTD.
Entered natural gas derivative contracts with avg strike $8.39/MMBtu, mark-to-market asset value $4.0M.
Adjusted G&A of $2.0M ($1.22 per Boe) for Q3 2022.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

SANDRIDGE ENERGY INC reported the three months ended September 30, 2022 results: net income $53.7 million, EPS $1.46 per basic share.

Period: the three months ended September 30, 2022
Net income: $53.7 million
EPS: $1.46 per basic share
Result: reported results

Exact text from the filing

For the three months ended September 30, 2022, the Company reported net income of $53.7 million, or $1.46 per basic share, and net cash provided by operating activities of $55.5 million.

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Source: SEC EDGAR

accession 0001628280-22-027866

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