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

Issuer:     SANDRIDGE ENERGY INC (SD)
CIK:        0001349436
Form:       8-K
Filed at:   2023-11-06T23:59:59+00:00
Accession:  0001628280-23-037099
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SandRidge reports Q3 net income $18.7M, adj. EBITDA $22.6M; declares $0.10 dividend
--------------------------------------------------------------------------------

- Q3 net income of $18.7M ($0.51 basic EPS); adjusted net income $16.2M ($0.44 basic).
- Adjusted EBITDA of $22.6M for Q3 and $73.8M for nine months ended Sept 30, 2023.
- Generated $24.2M free cash flow in Q3, over 85% conversion rate relative to adjusted EBITDA.
- Declared $0.10/share cash dividend, payable Nov 27, 2023 to holders of record Nov 13.
- Quarterly G&A $2.6M ($1.65/Boe); adjusted G&A $2.1M ($1.35/Boe).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1349436/000162828023037099/0001628280-23-037099-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1349436/000162828023037099/sd-20231102.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-037099

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