SandRidge Q1 net income $18.7M, EPS $0.51; quarterly dividend raised 8% to $0.13/share

SANDRIDGE ENERGY INC

2026-Q1 EPS reported $0.50 revenue$49,777,000

Q1 net income $18.7M ($0.51/diluted share); adjusted net income $21.6M ($0.59/share).
Revenue $49.8M (+17% YoY); production 18.6 MBoe/d (+4% Boe, +31% oil YoY).
Adjusted EBITDA $33.7M; cash $104.1M, no debt outstanding.
Quarterly dividend increased 8% to $0.13/share; one-time dividend of $0.20/share; both payable June 1, 2026.
Two wells drilled, three completed in Cherokee program; lowest cost well achieved in April 2026.

item 2.02 item 8.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

SANDRIDGE ENERGY INC reported the three-month period ended March 31, 2026 results: net income $18.7 million, EPS $0.51 per basic share.

Period: the three-month period ended March 31, 2026
Net income: $18.7 million
EPS: $0.51 per basic share
Result: reported results

Exact text from the filing

part of its ongoing one-rig Cherokee development program. In April, the third well drilled in 2026 achieved the lowest cost to date for the program • First quarter net income of $18.7 million, or $0.51 per basic share. Adjusted net income (1) of $21.6 million or $0.59 per basic share • Adjusted EBITDA (1) of $33.7 million for the three-month period ended March 31,

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Source: SEC EDGAR

accession 0001628280-26-031401

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