Jonathan Frates
the Board announced that it had appointed (i) Mr. Frates to serve as the Company’s Executive Vice President and Chief Financial Officer, effective October 21, 2024
Highest-materiality recent filing
SandRidge Q2 net income $26.7M ($0.72/sh); production up 11% YoY; declares $0.13 dividend
Net income of $26.7M ($0.72 per basic share) vs $19.6M in Q2 2025; adjusted net income $21.0M ($0.57/sh).
SandRidge Energy acquires Cherokee Play assets for $65M cash plus earn-outs
Acquires producing assets for $65M cash plus up to $6M in contingent earn-outs tied to WTI price thresholds.
Board extended Tax Benefits Preservation Plan through July 1, 2029; requires stockholder vote at 2027 annual meeting.
SandRidge Q1 net income $18.7M, EPS $0.51; quarterly dividend raised 8% to $0.13/share
Q1 net income $18.7M ($0.51/diluted share); adjusted net income $21.6M ($0.59/share).
Sandridge director Randolph C. Read will not stand for re-election at 2026 Annual Meeting
Randolph C. Read notified Sandridge on April 18, 2026, he will not stand for re-election to the Board.
SandRidge Q4 net income $21.6M ($0.59/share); production up 12% YoY; declares $0.12 dividend
Q4 net income $21.6M ($0.59 basic EPS); adjusted net income $12.5M ($0.34/share).
SandRidge Q3 net income $16M; revenue $39.8M (+32% YoY); production +12%; declares $0.12 dividend
Net income $16.0M ($0.44 basic share); adjusted net income $15.5M ($0.42).
SandRidge opens enrollment for Dividend Reinvestment Plan (DRIP)
Eligible shareholders can automatically reinvest cash dividends into additional SD shares.
SandRidge Q2 net income $19.6M, production up 19% YoY, declares increased dividend $0.12/share
Q2 net income $19.6M ($0.53 basic); adjusted net income $12.2M ($0.33 basic).
SandRidge appoints Brett Icahn to board effective August 1, 2025
Brett Icahn appointed to SandRidge board effective Aug 1, 2025; board size increased to six members.
SandRidge Energy annual meeting results: all proposals passed
Five directors elected: Nancy Dunlap (21.3M for), Jaffrey Firestone (24.7M), Vincent Intrieri (24.5M), Grayson Pranin (24.9M), Randolph Read (22.0M).
SandRidge Q1 net income $13M ($0.35/sh); revenue up 41% YoY; declares $0.11 dividend
Net income of $13.0M ($0.35 basic EPS); adjusted net income $14.5M ($0.39 adjusted EPS).
SandRidge Q4 net income $17.6M; declares $0.11 dividend
Q4 net income $17.6M ($0.47/sh); FY 2024 net income $63.0M ($1.70/sh).
Acquired oil & gas assets in Cherokee Play, Western Anadarko Basin for $123.8M cash on Aug 30, 2024.
SandRidge Q3 net income $25.5M; declares $0.11 dividend; closes $123.8M acquisition
Q3 net income $25.5M ($0.69 basic); adjusted net income $7.1M ($0.19). Revenue $30.1M.
SandRidge Energy appoints Intrieri Chairman, Frates CFO, Brown CAO
Vincent Intrieri appointed Chairman of the Board, effective Oct 1; joins Compensation and Nominating/Governance Committees.
SandRidge closes $144M Western Anadarko Basin acquisition and updates FY2024 guidance
Closed acquisition of Cherokee play Western Anadarko Basin assets for $144M, funded with cash on hand.
SandRidge reports Q2 net income $8.8M; declares $0.11 dividend; agrees to $144M Cherokee acquisition
Q2 net income $8.8M ($0.24 diluted) vs $16.6M a year ago; adjusted net income $6.4M ($0.17).
SandRidge Energy acquires producing assets in Western Anadarko Basin for $144M
Cash consideration of $144M for producing assets and leasehold interests in Cherokee play.
SandRidge Energy shareholders approve all four proposals at 2024 annual meeting
Elected five directors: Firestone, Frates, Lipinski, Read, Dunlap, with votes for ranging from 16.95M to 21.93M.
SandRidge Energy Q1 net income $11.1M ($0.30/share); declares $0.11 dividend
Net income $11.1M, EPS $0.30 basic; adjusted net income $8.4M ($0.23/share).
SandRidge Energy appoints Dean Parrish as COO effective April 1, 2024
Dean Parrish promoted from SVP Operations to SVP and Chief Operating Officer.
SandRidge Energy reports 2023 net income $60.9M; declares $0.11 dividend
Net income $60.9M ($1.65 basic EPS); adjusted net income $69.0M ($1.87 basic EPS).
SandRidge Energy declares $1.50 special dividend and raises quarterly dividend 10% to $0.11
One-time dividend of $1.50 per share (~$55M total) payable Feb 20, 2024 to holders of record Feb 5, 2024.
SandRidge reports Q3 net income $18.7M, adj. EBITDA $22.6M; declares $0.10 dividend
Q3 net income of $18.7M ($0.51 basic EPS); adjusted net income $16.2M ($0.44 basic).
SandRidge CFO Salah Gamoudi resigns effective Sept 27; Brandon Brown appointed successor
Salah Gamoudi resigns as EVP & CFO effective Sept 27, 2023 to pursue other opportunities; no disagreement with company.
SandRidge Q2 net income $16.6M, adjusted EBITDA $20.0M, declares $0.10 dividend
Net income Q2 2023: $16.6M ($0.45/basic share); adjusted net income $14.0M ($0.38/basic share).
SandRidge extends tax benefits preservation plan to July 2026; annual meeting results reported
Board approved Amendment No. 2 to Tax Benefits Preservation Plan, extending expiration from July 1, 2023 to July 1, 2026.
SandRidge declares $2.00 special dividend, $75M buyback, plans quarterly dividend of $0.10
One-time cash dividend of $2.00 per share payable June 7, 2023 to holders of record May 24, 2023; total payout ~$74M.
SandRidge Energy Q1 net income $23.8M ($0.64/share); adjusted EBITDA $31.2M
Net income of $23.8M ($0.64 basic EPS); adjusted net income $25.7M ($0.70/share).
SandRidge Energy dismisses Moss Adams, appoints Grant Thornton as auditor
Audit Committee dismissed Moss Adams effective later of May 6, 2023 or filing of Q1 2023 10-Q.
SandRidge Energy reports 2022 net income $242.2M; adjusted EBITDA $191.2M; provides 2023 guidance
FY2022 net income $242.2M ($6.59 basic EPS); adjusted net income $171.5M ($4.67 basic EPS).
SandRidge reports Q3 2022 net income of $53.7M, $1.46 EPS; Adj. EBITDA $54.8M
Net income $53.7M ($1.46 per basic share); adjusted net income $49.8M ($1.35 per basic share).
SandRidge Energy appoints Nancy Dunlap to Board of Directors
Nancy Dunlap appointed to Board and Audit Committee on Oct 5, 2022; term until 2023 annual meeting.
SandRidge Energy Q2 net income $48.5M ($1.32/sh); Adjusted EBITDA $53.7M
Q2 adjusted EBITDA $53.7M, up from $39.4M in Q1; net income $48.5M ($1.32/sh).
SandRidge Energy dismisses Deloitte, appoints Moss Adams as auditor
Deloitte & Touche dismissed as independent auditor on June 20, 2022.
SandRidge Energy stockholders elect four directors, approve say-on-pay at 2022 annual meeting
All four director nominees elected: Firestone (19.2M for), Frates (16.8M), Lipinski (16.3M), Read (17.7M).
SandRidge Energy Q1 net income $34.7M ($0.95 EPS), production 17.8 MBoed, adjusted EBITDA $39.4M
Net income $34.7M ($0.95 per share); adjusted net income $34.9M ($0.95 per share).
SandRidge Energy reports Q4 net income $36.8M, 2021 net cash $139.5M, provides 2022 guidance
2021 net income $116.7M ($3.21/sh); adjusted net income $96.3M ($2.65/sh); Adjusted EBITDA $113.5M vs $53.4M prior year.
Director Patricia Agnello resigns from SandRidge Energy board, effective immediately
Patricia Agnello resigned from SandRidge Energy's Board of Directors on December 28, 2021.
SandRidge Q3 net income $28.6M; cash jumps to $99M, debt eliminated
Net income $28.6M ($0.78/sh) vs $16.3M ($0.45/sh) prior quarter; adjusted net income $29.4M ($0.80/sh).
SandRidge repays all $20M debt, terminates Credit Agreement and swap intercreditor
Repaid approximately $20M in full under July 2021 Credit Agreement with IEP Energy Holding LLC and Icahn Agency Services.
Sandridge Energy enters swap intercreditor agreement securing swap obligations with J. Aron
Entered into Swap Intercreditor Agreement on Aug 11, 2021 with J. Aron & Company LLC and Icahn Agency Services LLC.
SandRidge Energy Q2 net income $16.3M ($0.45 EPS); launches $25M buyback
Net income of $16.3M ($0.45 per share); adjusted net income of $16.5M ($0.45 per share).
SandRidge Energy amends credit agreement to permit swap contract liens with board approval
First Amendment to Credit Agreement dated July 26, 2021, among SandRidge (borrower), IEP Energy Holding (lender), and Icahn Agency Services (administrative agent).
CEO Carl Giesler resigned effective July 16, 2021, to pursue other opportunity; no disagreement with Company.
the Board announced that it had appointed (i) Mr. Frates to serve as the Company’s Executive Vice President and Chief Financial Officer, effective October 21, 2024
Mr. Brandon Brown to serve as the Company’s Senior Vice President and Chief Accounting Officer, effective October 21, 2024. Mr. Brown will no longer serve as Chief Financial Officer
Mr. Jonathan Frates notified the Board of Directors (the “ Board ”) of SandRidge Energy, Inc. (“ SandRidge ” or the “ Company ”) that he will resign as Chairman of the Board, effective October 1, 2024.
appointed Mr. Dean Parrish, Senior Vice President, Operations, to serve as the Company’s Senior Vice President and Chief Operating Officer, effective April 1, 2024
the Board appointed Brandon L. Brown, Sr. as the Company’s Senior Vice President and Chief Financial Officer, effective as of September 27, 2023
On September 7, 2023, Mr. Salah Gamoudi notified the Board of Directors (the “Board”) of SandRidge Energy, Inc. (the “Company”) that he is resigning as the Company’s Executive Vice President and Chief Financial Officer effective September 27, 2023 (the “Resignation”), to pursue other opportunities.
On October 5, 2022 the Board of Directors (the “Board”) of SandRidge Energy, Inc. (the “Company”) appointed Ms. Nancy Dunlap to serve as a member of the Board.
On December 28, 2021, Patricia Agnello submitted her resignation from her positions as a member of the Board of Directors (the “Board”) of Sandridge Energy Inc. (the “Company”), effective immediately (the “Resignation”).
On July 9, 2021, Carl F. Giesler, Jr. submitted his resignation from his positions as Chief Executive Officer, President and as a member of the Board of Directors (the “Board”) of Sandridge Energy, Inc. (the “Company”), effective July 16, 2021 (the “CEO Resignation”), in order to pursue another career opportunity.
the Board appointed Greyson Pranin as President and Chief Executive Officer effective July 16, 2021 (the “CEO Appointment”), and in addition will maintain his role as Chief Operating Officer.
Max materiality 0.80 · Median 0.65 · Most common event earnings