2 July 2020director interest notice● Neutral
SANDRIDGE ENERGY INC EVP & Chief Operating Officer John Patrick Suter had 4,895 shares withheld for taxes on vesting stock.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
10 June 2020director interest notice● Neutral
SANDRIDGE ENERGY INC insider Jonathan Christodoro acquired 34,884 shares at $2.15 under a company stock plan.
10 June 2020director interest notice● Neutral
SANDRIDGE ENERGY INC insider Randolph C Read acquired 34,884 shares at $2.15 under a company stock plan.
10 June 2020director interest notice● Neutral
Patricia A. Agnello became a SANDRIDGE ENERGY INC director and company insider (initial ownership filing).
10 June 2020director interest notice● Neutral
SANDRIDGE ENERGY INC insider John J Lipinski acquired 34,884 shares at $2.15 under a company stock plan.
8 June 2020agm 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).
2 June 2020quarterly activities report▼ Bad
SandRidge filed Amendment No. 1 to its 10-Q for the quarter ended March 31, 2020, solely to add an explanatory note, omitted from the original, saying the filing was delayed by COVID-19 office closures. No financial statements were included.
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.
19 May 2020quarterly activities report▼ Bad
SandRidge filed its quarterly report for the three months ended March 31, 2020, reporting a first-quarter net loss of about $13 million. Cash was $6.3 million and 35.8 million shares were outstanding at May 12, 2020.
18 May 2020quarterly activities report▼ Bad
SandRidge reported a first-quarter 2020 net loss of $13 million, or $0.36 per share, with production of 28.2 MBoepd. It cut 2020 capital spending guidance to $4-9 million and agreed to sell its Oklahoma City headquarters for $35.5 million.
29 Apr 2020agm notice● Neutral
SandRidge issued its proxy statement on April 29, 2020, for its annual meeting on June 5, 2020. Stockholders were asked to elect four directors, ratify Deloitte as auditor and cast a non-binding vote on 2019 executive pay.
8 Apr 2020director interest notice● Neutral
Carl Fredrick Giesler became a SANDRIDGE ENERGY INC President and CEO and company insider (initial ownership filing).
8 Apr 2020director interest notice● Neutral
SANDRIDGE ENERGY INC President and CEO Carl Fredrick Giesler received a stock option grant for 1,000,000 shares.
26 Feb 2020quarterly activities report▼ Bad
SandRidge reported a fourth-quarter 2019 net loss of $249 million, largely from a non-cash ceiling test write-down, and a full-year loss of $449 million. Proved reserves fell to 90 MMBoe from 160 MMBoe, and 2020 capital spending was planned at $25-30 million.
14 Feb 2020substantial 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 2,109,062 shares (5.90% of votes) in a periodic institutional filing.
14 Feb 2020substantial holder notice● Neutral
J. Carlo Cannell, Cannell Capital LLC disclosed a new substantial SANDRIDGE ENERGY INC shareholding (5.86% of votes).
10 Feb 2020substantial holder notice● Neutral
CVI Opportunities Fund I, LLLP, CVI Opportunities Fund II, LLLP, Susquehanna Advisors Group, Inc, Susquehanna Securities, LLC reported a SANDRIDGE ENERGY INC shareholding of 227,679 shares (0.60% of votes) in a periodic institutional filing.
6 Feb 2020substantial holder notice● Neutral
BlackRock, Inc reported a SANDRIDGE ENERGY INC shareholding of 2,285,724 shares (6.40% of votes) in a periodic institutional filing.
12 Nov 2019quarterly activities report▼ Bad
SANDRIDGE ENERGY INC reported quarterly revenue of $58.4 million and a net loss of $181.6 million for the period ended 2019-09-30.
12 Nov 2019quarterly activities report▼ Bad
SANDRIDGE ENERGY INC reported quarterly revenue of $58.4 million and a net loss of $181.6 million for the period ended 2019-09-30.
8 Aug 2019quarterly activities report▼ Bad
SandRidge filed its quarterly report for the period ended June 30, 2019, showing second-quarter revenue of $75.4 million and a net loss of $13.3 million.
7 Aug 2019quarterly activities report▼ Bad
SandRidge reported second-quarter 2019 results: revenue of $75.4 million and a net loss of $13.3 million ($0.38 per share). Oil production rose 16% from the prior quarter to 984 MBbls.
23 July 2019securities registration● Neutral
SANDRIDGE ENERGY INC registered a securities offering with the SEC using its shelf eligibility.
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.
24 May 2019agm notice● Neutral
At the May 23, 2019 annual meeting, all six director nominees were elected. The non-binding vote on 2018 executive pay got 4.96 million votes for against 10.05 million against and 10.95 million abstentions.
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.
9 May 2019quarterly activities report▼ Bad
SandRidge filed its 10-Q for the quarter ended March 31, 2019, which showed a net loss of about $5.3 million on revenue of about $73.2 million.
8 May 2019quarterly activities report▼ Bad
SandRidge reported first-quarter 2019 revenue of $73.2 million and a net loss of $5.3 million ($0.15 per share). Production was 3.2 MMBoe, up 4% from the fourth quarter, and full-year guidance was reaffirmed.
8 May 2019quarterly activities report▼ Bad
SandRidge reported first-quarter 2019 revenue of $73.2 million and a net loss of $5.3 million ($0.15 per share). Production was 3.2 MMBoe, up 4% from the fourth quarter, and full-year guidance was reaffirmed.
4 Mar 2019quarterly activities report▼ Bad
SandRidge reported fourth quarter 2018 net income of $54 million ($1.53 per share) and a full-year 2018 net loss of $9 million. Adjusted EBITDA was $45 million for the quarter and $167 million for the year.