SANDRIDGE ENERGY INC
For the period ended Dec 31, 2023. Filed Mar 7, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 7, 2024
SD$12.58+2.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets at December 31, 2023 and 2022
Consolidated Balance Sheets
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| (In thousands) | ||
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $252,407 | $255,722 |
| Restricted cash - other | 1,537 | 1,746 |
| Accounts receivable, net | 22,166 | 34,735 |
| Derivative contracts | — | 4,429 |
| Prepaid expenses | 430 | 523 |
| Other current assets | 1,314 | 7,747 |
| Total current assets | 277,854 | 304,902 |
| Oil and natural gas properties, using full cost method of accounting | ||
| Proved | 1,538,724 | 1,507,690 |
| Unproved | 11,197 | 11,516 |
| Less: accumulated depreciation, depletion and impairment | (1,393,801) | (1,380,574) |
| 156,120 | 138,632 | |
| Other property, plant and equipment, net | 86,493 | 92,244 |
| Other assets | 3,130 | 190 |
| Deferred tax assets, net of valuation allowance | 50,569 | 64,529 |
| Total assets | $574,166 | $600,497 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
|---|---|---|
| Current liabilities | ||
| Accounts payable and accrued expenses | $38,828 | $46,335 |
| Asset retirement obligations | 9,851 | 16,074 |
| Other current liabilities | 645 | 870 |
| Total current liabilities | 49,324 | 63,279 |
| Asset retirement obligations | 54,553 | 47,635 |
| Other long-term obligations | 2,178 | 1,661 |
| Total liabilities | 106,055 | 112,575 |
| Commitments and contingencies (Note 11) | ||
| Stockholders’ Equity | ||
| Common stock, $0.001 par value; 250,000 shares authorized; 37,091 issued and outstanding at December 31, 2023 and 36,868 issued and outstanding at December 31, 2022 | 37 | 37 |
| Additional paid-in capital | 1,071,021 | 1,151,689 |
| Accumulated deficit | (602,947) | (663,804) |
| Total stockholders’ equity | 468,111 | 487,922 |
| Total liabilities and stockholders’ equity | $574,166 | $600,497 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.