---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-026827"
form_type: "8-K"
ticker: "SD"
cik: "0001349436"
company_name: "SANDRIDGE ENERGY INC"
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T12:19:31.707161+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SandRidge Q2 net income $16.6M, adjusted EBITDA $20.0M, declares $0.10 dividend

## Summary
- Net income Q2 2023: $16.6M ($0.45/basic share); adjusted net income $14.0M ($0.38/basic share).
- Adjusted EBITDA $20.0M; six-month free cash flow ~$39.5M (77% conversion rate).
- Declared $0.10/share quarterly dividend payable Aug 28, 2023 to holders of record Aug 14, 2023.
- Closed acquisition of working interest in 26 NW Stack wells for $11.3M, adding ~500 boe/d (~30% oil).
- Interest income $2.9M in Q2; G&A $2.5M ($1.55/Boe), adjusted G&A $1.9M ($1.21/Boe).

## SEC filing metadata
- accession: 0001628280-23-026827
- form_type: 8-K
- ticker: SD
- cik: 0001349436
- company_name: SANDRIDGE ENERGY INC
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1349436/000162828023026827/0001628280-23-026827-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1349436/000162828023026827/sd-20230801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-026827
- JSON: https://secwatch.observer/filing/0001628280-23-026827.json
- Plain text: https://secwatch.observer/filing/0001628280-23-026827.txt

## Key facts
- Earnings Releases
  SANDRIDGE ENERGY INC reported the three months ended June 30, 2023 results: net income $16.6 million, EPS $0.45 per basic share.
  - Period: the three months ended June 30, 2023
  - Net income: $16.6 million
  - EPS: $0.45 per basic share
  - Result: reported results
  source text: For the three months ended June 30, 2023, the Company reported net income of $16.6 million, or $0.45 per basic share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1349436/000162828023026827/0001628280-23-026827-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.