SandRidge Energy, Inc. (SD): History, Ownership, Mission, How It Works & Makes Money

Ever wondered how SandRidge Energy, Inc. (SD) operates and generates revenue in the competitive oil and gas industry? This exploration into SandRidge Energy, Inc., an independent oil and natural gas company with core operations in the U.S. Mid-Continent region, primarily in Oklahoma, Kansas, and Texas, will uncover its history, ownership structure, and strategic mission. Delve into the company's multifaceted business model, which generated $125.29 million in revenues in 2024, to understand how it navigates the energy sector and strives for sustainable returns, despite a decrease from $148.64 million in 2023 due to lower commodity prices.

SandRidge Energy, Inc. (SD) History

SandRidge Energy Founding Timeline

Year established

The company was established in 2006.

Original location

The company was originally located in Oklahoma City, Oklahoma.

Founding team members

The founder and former Chairman and CEO is Tom Ward.

Initial capital/funding

In November 2007, the company completed an initial public offering (IPO), offering 44,264,706 shares of common stock at a price of $19.00 per share, resulting in gross proceeds of approximately $841 million.

SandRidge Energy Evolution Milestones

SandRidge Energy Transformative Moments

• 2007 IPO: The IPO provided substantial capital, enabling aggressive expansion and acquisition of assets in unconventional resource plays.
• 2013 Leadership Change: The appointment of James Bennett as CEO signaled an attempt to steer the company away from risky financial practices amid growing debt concerns.
• 2016 Bankruptcy Filing: The Chapter 11 filing marked a significant turning point, forcing a comprehensive restructuring of its finances and operations.
• 2017 Emergence from Bankruptcy: Successfully reduced its debt by approximately $3.7 billion and terminated gathering agreements which were projected to save the company $80 million annually.
• Focus on Niobrara and Mississippi Lime: The company strategically concentrated on these key areas to optimize production and reduce costs.
• Acquisition and Divestiture Strategies: Strategic acquisitions, such as the Bonanza Creek Energy assets, and divestitures were aimed at streamlining operations and improving financial stability.

To gain further insights into the core principles guiding the company, explore Mission Statement, Vision, & Core Values of SandRidge Energy, Inc. (SD).

SandRidge Energy, Inc. (SD) Ownership Structure

SandRidge Energy, Inc. exhibits a mixed ownership structure, featuring a combination of institutional, insider, and retail investors.

SandRidge Energy, Inc.'s Current Status

SandRidge Energy, Inc. is a publicly traded company, meaning its shares are available for purchase on the open market.

SandRidge Energy, Inc.'s Ownership Breakdown

The ownership of SandRidge Energy, Inc. is distributed among various types of shareholders. As a publicly traded company, the ownership is subject to change based on market activity and reporting requirements.

SandRidge Energy, Inc.'s Leadership

The leadership team of SandRidge Energy, Inc. is responsible for setting the strategic direction and managing the day-to-day operations of the company. Key members of the leadership team include:

• Grayson Lisenby: President and Chief Executive Officer
• Mike Johnson: Executive Vice President and Chief Financial Officer
• Dean Brown: Executive Vice President and Chief Operating Officer

These individuals, along with other members of the executive team, guide the company's strategic initiatives and oversee its financial and operational performance.

For more in-depth information about SandRidge Energy's investors, you might find this resource helpful: Exploring SandRidge Energy, Inc. (SD) Investor Profile: Who’s Buying and Why?

SandRidge Energy, Inc. (SD) Mission and Values

SandRidge Energy is focused on creating value through the safe and efficient development of its oil and natural gas reserves. The company's core values emphasize integrity, respect, and a commitment to operational excellence.

SandRidge Energy's Core Purpose

Official mission statement

SandRidge Energy does not have a clearly defined, publicly accessible mission statement. However, considering their strategic actions and communications, an inferred mission could be:

To enhance shareholder value by:

• Responsibly and efficiently developing oil and natural gas assets.
• Maintaining a strong financial position.
• Operating with the highest standards of safety and environmental stewardship.

Vision statement

Similarly, SandRidge Energy doesn't have an explicitly stated vision statement. An inferred vision might be:

To be a leading independent oil and gas company recognized for:

• Sustainable growth and profitability.
• Operational excellence and innovation.
• Commitment to the communities where we operate.

Company slogan/tagline

SandRidge Energy does not currently have a widely publicized official slogan or tagline. For more in-depth information about SandRidge Energy, Inc., consider reading Exploring SandRidge Energy, Inc. (SD) Investor Profile: Who’s Buying and Why?

SandRidge Energy, Inc. (SD) How It Works

SandRidge Energy, Inc. operates as an independent oil and natural gas company focused on the exploration, development, and production of hydrocarbons. The company primarily generates revenue through the sale of oil and natural gas produced from its wells.

SandRidge Energy's Product/Service Portfolio

SandRidge Energy's Operational Framework

SandRidge Energy's operations are structured around the exploration, drilling, production, and marketing of oil and natural gas. The company focuses on extracting resources from its established acreage, primarily located in the Mid-Continent region. Key aspects of their operational framework include:

• Lease Acquisition and Management: Securing and managing mineral rights and leases to access potential drilling locations.
• Geological Surveys and Analysis: Conducting surveys to identify and assess potential oil and gas reserves.
• Drilling and Completion: Drilling new wells and completing them for production, utilizing advanced techniques to enhance extraction.
• Production and Processing: Extracting oil and gas from wells, processing it to meet pipeline standards, and managing the flow of production.
• Transportation and Sales: Transporting oil and gas via pipelines and selling it to various purchasers, including refineries, utility companies, and other energy firms.
• Saltwater Disposal: Managing and disposing of saltwater, a byproduct of oil and gas extraction, through company-owned or third-party disposal wells.

SandRidge Energy's Strategic Advantages

SandRidge Energy possesses several strategic advantages that enable it to compete effectively in the oil and gas industry:

• Established Asset Base: A significant portfolio of oil and gas leases and producing wells, primarily in the Mid-Continent region, provides a stable production base.
• Operational Expertise: Decades of experience in drilling, production, and reservoir management.
• Infrastructure Ownership: Owning and operating key infrastructure, such as saltwater disposal wells, can reduce costs and provide a competitive edge.
• Cost Efficiency: Continuous efforts to streamline operations and reduce costs, enhancing profitability even in fluctuating commodity price environments.

To gain more insights into the investors profile of SandRidge Energy, you can follow this link: Exploring SandRidge Energy, Inc. (SD) Investor Profile: Who’s Buying and Why?

SandRidge Energy, Inc. (SD) How It Makes Money

SandRidge Energy primarily generates revenue through the exploration, production, and sale of oil and natural gas. Mission Statement, Vision, & Core Values of SandRidge Energy, Inc. (SD).

SandRidge Energy's Revenue Breakdown

As of April 2025, specific detailed revenue breakdowns for the 2024 fiscal year are not available in the search results. However, based on the company's operations, a general revenue structure can be inferred.

SandRidge Energy's Business Economics

SandRidge Energy's business economics are influenced by several factors:

• Commodity Prices: The prices of oil and natural gas significantly impact revenue. Lower prices can reduce profitability, while higher prices can increase it.
• Production Costs: The cost to extract oil and gas, including drilling, completion, and operating expenses, affects profit margins. Efficient operations and cost management are crucial.
• Hedging Strategies: The company uses hedging to mitigate the risk of price fluctuations, providing more predictable revenue streams.
• Reserves and Production Volumes: The quantity of proven reserves and the ability to efficiently produce oil and gas influence long-term revenue potential.
• Operational Efficiency: Optimizing drilling and extraction processes to minimize costs and maximize production is vital for profitability.

SandRidge Energy's Financial Performance

Analyzing SandRidge Energy's financial performance involves several key metrics:

• Revenue: Total revenue from the sale of oil, natural gas, and NGLs.
• Net Income: The profit after all expenses, including operating costs, taxes, and interest, are deducted.
• Cash Flow from Operations: The cash generated from the company's core business activities, indicating its ability to fund operations and investments.
• Capital Expenditures (CAPEX): Investments in property, plant, and equipment (PP&E) to maintain and grow production capacity.
• Debt Levels: The amount of outstanding debt, which affects financial risk and flexibility.

These metrics help assess the company's financial health, efficiency, and ability to generate returns for investors. Monitoring these indicators over time provides insights into the sustainability and growth potential.

SandRidge Energy, Inc. (SD) Market Position & Future Outlook

SandRidge Energy is strategically positioned to capitalize on evolving energy market dynamics, focusing on optimizing its existing assets and exploring new growth opportunities within the oil and gas sector. The company's future outlook hinges on its ability to navigate market volatility, manage operational efficiencies, and leverage technological advancements to enhance production and reduce costs.

Competitive Landscape

The competitive landscape for SandRidge Energy involves a mix of established players and smaller, agile companies. Market share is influenced by factors such as asset quality, operational efficiency, and strategic positioning.

Opportunities & Challenges

SandRidge Energy faces both opportunities and risks that will shape its trajectory in the coming years.

Industry Position

SandRidge Energy maintains a strategic position within the oil and gas industry, particularly in the Mid-Continent region. Its standing is influenced by several factors:

• Asset Concentration: The company's focus on specific geographic areas allows for operational efficiencies.
• Cost Management: Efforts to reduce operating costs and improve margins are crucial for maintaining competitiveness.
• Technological Adoption: Embracing new technologies to enhance production and reduce environmental impact is increasingly important.

To delve deeper into investor profiles and understand who is investing in SandRidge Energy, consider reading: Exploring SandRidge Energy, Inc. (SD) Investor Profile: Who’s Buying and Why?