Each one in plain English, with the numbers worked through for a shareholder.
10 May 2024agm notice● Neutral
SandRidge filed a proxy supplement for its June 12, 2024 annual meeting clarifying the vote needed for Proposal 4, the Tax Benefits Preservation Plan extension. A majority of shares present and entitled to vote must be cast for it; abstentions count against.
SandRidge's 10-Q for the quarter ended March 31, 2024 showed revenue of $30.3 million and net income of $11.1 million. Cash and equivalents were $207.0 million, with no term or revolving debt.
SandRidge reported first-quarter 2024 revenue of $30.3 million and net income of $11.1 million. It also declared a $0.11 per share dividend payable May 31, 2024.
SANDRIDGE ENERGY INC SVP, Chief Financial Officer Brandon Louis Sr. Brown acquired 1,010 shares and disposed of 300 in a set of related equity transactions.
SandRidge reported fourth-quarter 2023 revenue of $33.9 million and net income of $1.8 million, and full-year 2023 net income of $60.9 million. It also declared a $0.11 per share dividend payable March 29, 2024.
SandRidge's 10-Q for the quarter ended June 30, 2023 showed second-quarter net income of $16.6 million. It also showed cash of about $222.4 million and no term or revolving debt.
SandRidge reported second-quarter 2023 net income of $16.6 million ($0.45 per share) and adjusted EBITDA of $20.0 million. It also declared a $0.10 per share dividend payable August 28, 2023.
SANDRIDGE ENERGY INC shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).