SandRidge Energy Q1 net income $11.1M ($0.30/share); declares $0.11 dividend

SANDRIDGE ENERGY INC

2024-Q1 EPS reported $0.30 revenue$30,283,000

Net income $11.1M, EPS $0.30 basic; adjusted net income $8.4M ($0.23/share).
Adjusted EBITDA $14.7M; free cash flow $14.5M (99% conversion rate).
Cash and equivalents $208.5M; interest income $2.7M for the quarter.
Board declared $0.11/share cash dividend payable May 31, 2024 to holders of record May 17, 2024.
Cumulative dividends paid $141.2M since May 2023.

item 2.02 item 8.01 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-month period ended March 31, 2024 results: net income $11.1 million, EPS $0.30 per basic share.

Period: the three-month period ended March 31, 2024
Net income: $11.1 million
EPS: $0.30 per basic share
Result: reported results

Exact text from the filing

First quarter net income was $11.1 million, or $0.30 per basic share.

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Source: SEC EDGAR

accession 0001628280-24-021188

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