SandRidge Q2 net income $26.7M ($0.72/sh); production up 11% YoY; declares $0.13 dividend

SANDRIDGE ENERGY INC

Net income of $26.7M ($0.72 per basic share) vs $19.6M in Q2 2025; adjusted net income $21.0M ($0.57/sh).
Production averaged 19.7 MBoe/d, up 11% YoY; oil production up 22%; total revenues up 48% to $51.1M.
Board declared $0.13 per share dividend payable Aug 31, 2026 to holders of record Aug 19, 2026; DRIP available.
Cash and cash equivalents $114.7M; no outstanding debt; $68.3M remaining under $75M share repurchase authorization.
Acquisition of Cherokee Play assets (~7,000 net acres, 21 wells) expected to close in Q3 2026.

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