secwatch.observer — SEC 8-K summary
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Issuer:     SANDRIDGE ENERGY INC (SD)
CIK:        0001349436
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0001628280-24-021188
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1349436/000162828024021188/0001628280-24-021188-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1349436/000162828024021188/sd-20240502.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-021188

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