Past year: ▲ 15%(11.91 – 17.53 USD)
Each one in plain English, with the numbers worked through for a shareholder.
29 June 2026material agreement▲ GoodMajor
SandRidge agreed to a second Cherokee-play bolt-on acquisition, buying producing assets from Rockies Resources Holdings for $65 million cash to expand the position it built with its 2024 Western Anadarko purchase.
3 Sept 2024asset acquisition disposition▲ GoodMajor
SandRidge closed its $144 million Western Anadarko Basin acquisition and raised its full-year 2024 production and spending guidance to reflect the new assets.
29 July 2024material agreement▲ GoodMajor
SandRidge agreed to buy producing assets and leasehold in the Cherokee play of the Western Anadarko Basin from Upland for $144 million in cash. The assets had net production of about 6 MBoed (about 40% oil), and a joint development agreement covered future drilling.
16 Jan 2024dividend declaration▲ GoodMajor
SandRidge declared another one-time dividend, $1.50 per share (about $55 million), and raised its regular quarterly dividend 10% to $0.11 per share.
15 May 2023dividend declaration▲ GoodMajor
Now debt-free, SandRidge began returning cash to shareholders: a one-time $2.00-per-share dividend (about $74 million), a new $0.10 quarterly dividend, and a $75 million stock buyback program.
27 Apr 2023auditor change● Neutral
SandRidge's audit committee dismissed Moss Adams as auditor, effective after the Q1 2023 10-Q filing, and appointed Grant Thornton for fiscal 2023. It reported no disagreements or reportable events with Moss Adams.
21 June 2022auditor change● Neutral
SandRidge's Audit Committee dismissed Deloitte & Touche as auditor on June 20, 2022 after a competitive selection process, and appointed Moss Adams for fiscal 2022. Deloitte's reports were unqualified and there were no disagreements.
3 Sept 2021material agreement termination▲ GoodMajor
SandRidge repaid its remaining roughly $20 million of debt in full and terminated its Icahn-affiliated credit facility, leaving the company debt-free.
13 Aug 2021debt financing● Neutral
SandRidge finalized a swap intercreditor agreement with hedge counterparty J. Aron and Company and its Icahn-affiliated lender, putting the hedging-lien flexibility from July's amendment into effect.
28 July 2021material agreement● Neutral
SandRidge amended its Icahn-affiliated credit facility to allow it to grant liens securing its commodity hedges.
22 Apr 2021asset acquisition disposition● Neutral
SandRidge announced the acquisition of all the overriding royalty interests of SandRidge Mississippian Trust I for a gross price of $4.85 million. The net price was $3.55 million, given its 26.9% ownership of the Trust.
11 Feb 2021asset acquisition disposition● Neutral
SandRidge completed the sale of its North Park Basin interests to Gondola Resources on February 5, 2021, for a $47 million price. It closed for net proceeds of $39.7 million in cash, still subject to customary post-closing adjustments.
8 Feb 2021asset acquisition disposition● Neutral
SandRidge announced the closing of its $47 million North Park Basin asset sale to Gondola Resources.
14 Dec 2020material agreement▲ GoodMajor
SandRidge agreed to sell its North Park Basin assets in Colorado to Gondola Resources for $47 million, shedding a non-core area to focus on its Mid-Continent core and cash-optimization strategy.
1 Dec 2020debt financing▲ GoodMajor
SandRidge replaced its bank-led credit facility with a new $30 million facility from affiliates of Icahn Enterprises, its activist-turned-supportive major shareholder, extending its liquidity runway.
10 Sept 2020asset acquisition disposition● Neutral
SandRidge bought in the overriding royalty interests of SandRidge Mississippian Trust II, a public trust it partly owns, for $5.25 million gross.
1 Sept 2020asset acquisition disposition▲ GoodMajor
SandRidge closed the sale of its 30-story Oklahoma City office tower and annex on August 31, 2020, for net proceeds of about $35.4 million. The buyer was the party under the purchase agreement announced in May.
6 July 2020listing compliance notice▲ GoodMajor
the exchange certified SANDRIDGE ENERGY INC's securities for listing, clearing them to begin trading.
19 May 2020material agreement▲ GoodMajor
SandRidge agreed to sell its 30-story Oklahoma City headquarters office tower for $35.5 million, monetizing a non-core real estate asset amid the COVID-19 oil price crash.
27 June 2019debt financing● Neutral
SandRidge amended and restated its reserve-based credit facility on June 21, 2019, extending maturity to April 1, 2021 from March 31, 2020. The borrowing base was set at $300 million with $270 million elected commitments and lower interest margins.
13 May 2019auditor change● Neutral
SandRidge's Audit Committee dismissed PwC as auditor on May 7, 2019 after a competitive selection process and appointed Deloitte for fiscal 2019. PwC's reports had no adverse opinions and there were no disagreements.
23 Jan 2018security holder rights change▼ BadMajor
Amid an activist campaign by Carl Icahn seeking board seats and governance changes, SandRidge's board rejected his specific proposals but raised the trigger threshold on its shareholder rights plan (poison pill) from 10% to 15%.
3 Jan 2018listing compliance notice▼ Bad
SANDRIDGE ENERGY INC withdrew a registration statement, abandoning the offering it covered.
28 Dec 2017business combination▼ BadMajor
SandRidge and Bonanza Creek mutually terminated their merger agreement after SandRidge's largest shareholders made clear they would vote it down, with SandRidge paying Bonanza Creek $3.7 million in expense reimbursement.
11 Dec 2017business combination● Neutral
SandRidge filed its SEC registration statement and joint proxy statement for the Bonanza Creek merger, including third-party reserve reports and fairness opinions supporting the deal.
15 Nov 2017business combination▲ GoodMajor
SandRidge agreed to acquire Bonanza Creek Energy for $36.00 per share in cash and stock, a deal that would add 67,000 net acres in Colorado's DJ Basin to its Mid-Continent portfolio.
15 Nov 2017business combination● Neutral
SandRidge filed the definitive merger agreement for its planned acquisition of Bonanza Creek Energy, formalizing the terms announced the same day.
23 June 2017listing compliance notice▼ BadMajor
SANDRIDGE ENERGY INC terminated the registration of a class of securities, ending its reporting obligation for them.
13 Feb 2017debt financing▲ GoodMajor
Now post-bankruptcy, SandRidge refinanced into a new $600 million credit facility with better pricing and looser covenants - a refinancing that also triggered mandatory conversion of its remaining $264 million of convertible notes into about 14.1 million shares.
4 Oct 2016listing compliance notice▲ GoodMajor
the New York Stock Exchange certified SANDRIDGE ENERGY INC's securities for listing, clearing them to begin trading.
