SandRidge Q4 net income $17.6M; declares $0.11 dividend

SANDRIDGE ENERGY INC

Q4 net income $17.6M ($0.47/sh); FY 2024 net income $63.0M ($1.70/sh).
Adjusted net income Q4 $12.7M ($0.34/sh); FY $34.5M ($0.93/sh). FY adjusted EBITDA $69.5M.
Q4 production 19.1 MBoe/d (+19% YoY); oil up 28%. Cash $99.5M, no debt.
Declared $0.11/sh quarterly dividend payable Mar 31, 2025. Paid $16.4M regular plus $55.9M special dividends in 2024.
2025 guidance: drill 8, complete 6 Cherokee wells. Acquired Cherokee properties for $121.9M (Aug) and $5.7M (Dec).

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