SANDRIDGE ENERGY INC
For the period ended Mar 31, 2025. Filed May 8, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 8, 2025
SD$12.24-2.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)
| March 31,2025 | December 31,2024 | |
|---|---|---|
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $99,726 | $98,128 |
| Restricted cash | 1,383 | 1,383 |
| Accounts receivable, net | 24,879 | 23,878 |
| Derivative contracts | — | 114 |
| Prepaid expenses | 3,916 | 3,370 |
| Other current assets | 1,089 | 780 |
| Total current assets | 130,993 | 127,653 |
| Oil and natural gas properties, using full cost method of accounting | ||
| Proved | 1,697,468 | 1,689,807 |
| Unproved | 27,934 | 23,504 |
| Less: accumulated depreciation, depletion and impairment | (1,422,624) | (1,415,110) |
| 302,778 | 298,201 | |
| Other property, plant and equipment, net | 79,641 | 80,689 |
| Derivative contracts | — | 86 |
| Other assets | 2,046 | 2,081 |
| Deferred tax assets, net of valuation allowance | 72,801 | 72,801 |
| Total assets | $588,259 | $581,511 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
|---|---|---|
| Current liabilities | ||
| Accounts payable and accrued expenses | $50,019 | $50,625 |
| Derivative contracts | 1,661 | — |
| Asset retirement obligations | 9,014 | 9,131 |
| Other current liabilities | 856 | 839 |
| Total current liabilities | 61,550 | 60,595 |
| Derivative contracts | 466 | — |
| Asset retirement obligations | 60,412 | 59,449 |
| Other long-term obligations | 918 | 936 |
| Total liabilities | 123,346 | 120,980 |
| Commitments and contingencies (Note 6) | ||
| Stockholders’ Equity | ||
| Common stock, $0.001 par value; 250,000 shares authorized; 36,777 issued and outstanding at March 31, 2025 and 37,203 issued and outstanding at December 31, 2024 | 37 | 37 |
| Additional paid-in capital | 991,788 | 1,000,455 |
| Accumulated deficit | (526,912) | (539,961) |
| Total stockholders’ equity | 464,913 | 460,531 |
| Total liabilities and stockholders’ equity | $588,259 | $581,511 |
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