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.
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 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 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 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 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 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 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 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 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 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 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.
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 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).
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