SandRidge Q3 net income $25.5M; declares $0.11 dividend; closes $123.8M acquisition

SANDRIDGE ENERGY INC

2024-Q3 EPS reported $1.22 revenue$86,317,000

Q3 net income $25.5M ($0.69 basic); adjusted net income $7.1M ($0.19). Revenue $30.1M.
Production averaged 17.0 MBoe/d in Q3; Sept (incl. new assets) ~19 MBoe/d (+27% vs Q2).
Board declared $0.11/share cash dividend payable Nov 29 to holders of record Nov 15.
Closed $123.8M acquisition of Cherokee play assets (44 wells, 4 DUCs) Aug 30; first DUC ~1,000 Boe/d (70% oil).
$94.1M cash, no debt; free cash flow $10.9M in Q3, $34.4M YTD (76% conversion).

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.