12 May 2021quarterly activities report● Neutral
SandRidge reported first-quarter 2021 revenue of $33.6 million and net income of $35.0 million ($0.97 per share), helped by a $19.7 million gain on the North Park Basin sale.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
12 May 2021quarterly activities report● Neutral
SandRidge filed its quarterly report for the three months ended March 31, 2021. Cash rose to $73.9 million from $22.1 million at year-end, long-term debt stayed at $20.0 million, and the company noted its April 2021 purchase of Mississippian Trust I royalty interests.
26 Apr 2021agm notice● Neutral
SandRidge filed its proxy statement on April 26, 2021 for its annual meeting on May 25, 2021. Stockholders were asked to elect six directors, ratify Deloitte, approve executive pay in an advisory vote, and approve the Tax Benefits Preservation Plan.
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.
19 Apr 2021director interest notice● Neutral
SANDRIDGE ENERGY INC CFO/CAO Salah Gamoudi received a stock option grant for 16,634 shares.
15 Apr 2021agm notice● Neutral
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).
9 Apr 2021director interest notice● Neutral
SANDRIDGE ENERGY INC SVP, Chief Operating Officer Grayson R Pranin acquired 22,590 shares and disposed of 6,626 in a set of related equity transactions.
9 Apr 2021director interest notice● Neutral
SANDRIDGE ENERGY INC SVP, Chief Operating Officer Salah Gamoudi acquired 100,000 shares and disposed of 24,350 in a set of related equity transactions.
8 Apr 2021director interest notice● Neutral
SANDRIDGE ENERGY INC President and CEO Carl Fredrick Giesler exercised stock options for 333,334 shares and disposed of 432,933 shares.
15 Mar 2021director interest notice● Neutral
Grayson R Pranin became a SANDRIDGE ENERGY INC SVP, Chief Operating Officer and company insider (initial ownership filing).
11 Mar 2021securities registration● Neutral
SANDRIDGE ENERGY INC amended an already-effective registration statement.
3 Mar 2021quarterly activities report● Neutral
SandRidge reported a fourth-quarter 2020 net loss of $0.2 million and a full-year 2020 net loss of $277.4 million, driven by lower commodity prices and a non-cash ceiling test write down. It also reported production of 23.8 MBoed for the year.
2 Mar 2021director interest notice● Neutral
SANDRIDGE ENERGY INC CFO/CAO Salah Gamoudi received a stock option grant for 16,634 shares.
16 Feb 2021substantial holder notice● Neutral
J. Carlo Cannell, Cannell Capital LLC reported a SANDRIDGE ENERGY INC shareholding of 3,173,721 shares (8.83% of votes) in a periodic institutional filing.
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.
5 Feb 2021substantial holder notice● Neutral
Guggenheim Capital, LLC, Guggenheim Partners, LLC, GI Holdco II LLC, GI Holdco LLC, Guggenheim Partners Investment Management Holdings, LLC, Guggenheim Partners Investment Management, LLC reported a SANDRIDGE ENERGY INC shareholding of 63,058 shares (0.18% of votes) in a periodic institutional filing.
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.
1 Dec 2020substantial holder notice● Neutral
Icahn Partners Master Fund LP, Icahn Offshore LP, Icahn Partners LP, Icahn Onshore LP, Icahn Capital LP, IPH GP LLC, Icahn Enterprises Holdings L.P, Icahn Enterprises G.P. Inc, Beckton Corp, Carl C. Icahn reported a SANDRIDGE ENERGY INC shareholding of 4,818,832 shares (13.41% of votes) in a periodic institutional filing.
5 Nov 2020quarterly activities report▼ Bad
SANDRIDGE ENERGY INC reported quarterly revenue of $27.7 million and a net loss of $48.7 million for the period ended 2020-09-30.
5 Nov 2020quarterly activities report▼ Bad
SANDRIDGE ENERGY INC reported quarterly revenue of $27.7 million and a net loss of $48.7 million for the period ended 2020-09-30.
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.
21 Aug 2020director interest notice● Neutral
SANDRIDGE ENERGY INC CFO/CAO Salah Gamoudi received a stock option grant for 200,000 shares.
7 Aug 2020quarterly activities report▼ Bad
SandRidge filed its 10-Q for the quarter ended June 30, 2020. It also noted subsequent events, including a tax benefits preservation plan adopted in July 2020 and a planned royalty interest transaction involving SandRidge Mississippian Trust II.
10 July 2020substantial holder notice● Neutral
BlackRock, Inc reported a SANDRIDGE ENERGY INC shareholding of 722,902 shares (2.00% of votes) in a periodic institutional filing.
8 July 2020director interest notice● Neutral
Salah Gamoudi became a SANDRIDGE ENERGY INC CFO/CAO and company insider (initial ownership filing).
6 July 2020listing compliance notice▲ GoodMajor
the exchange certified SANDRIDGE ENERGY INC's securities for listing, clearing them to begin trading.
2 July 2020director interest notice● Neutral
SANDRIDGE ENERGY INC SVP, CFO and CAO Michael A Johnson had 1,791 shares withheld for taxes on vesting stock.