secwatch.observer — SEC 8-K summary
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Issuer:     SANDRIDGE ENERGY INC (SD)
CIK:        0001349436
Form:       8-K
Filed at:   2023-03-15T23:59:59+00:00
Accession:  0001628280-23-008133
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SandRidge Energy reports 2022 net income $242.2M; adjusted EBITDA $191.2M; provides 2023 guidance
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- FY2022 net income $242.2M ($6.59 basic EPS); adjusted net income $171.5M ($4.67 basic EPS).
- Adjusted EBITDA $191.2M in 2022, up from $113.5M in 2021; free cash flow $120.6M.
- Q4 2022 net income $105.2M ($2.86/share); adjusted net income $38.0M ($1.03/share).
- Full-year 2022 production averaged 17.7 MBoed; plans to drill two new wells in 2023.
- Natural gas derivative contracts have $4.4M positive mark-to-market asset as of Dec 31, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1349436/000162828023008133/0001628280-23-008133-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1349436/000162828023008133/sd-20230315.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-008133

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