Filing Flows › Energy › Sandridge Energy (SD)
Sandridge Energy (SD) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Nov 5, 2026 · Sandridge Energy (SD) Q3 2026 earnings results →
Q3 2026 Revenue up 37% year over year to $54.4M · 56¢ of every $1 of revenue kept as net profit · operating margin 28.9%
Sandridge Energy made $54.4M in Q3 2026 (+37% Y/Y). Operating margin 28.9%, net earnings $30.6M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 5, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $54.4M in Q3 2026, up 37% year over year and up 6% from the previous quarter.
Operating profit was $15.7M, a 28.9% margin (down 8.9 points year over year). Of the extra revenue versus Q3 2025, 5% reached operating profit, below the 38% margin then. Total costs grew 56% against revenue growth of 37%. Net earnings were $30.6M, up 92% year over year. The effective tax rate was -86.7%.
Operating cash flow was $32.1M (up 27% year over year), 105% of net earnings. Non-cash charges added back $14.6M of depreciation and amortization and $726K of share-based compensation. Working capital and other items used $13.8M. After net cash used in investing activities, net ($20.5M) and proceeds from sale of assets ($1.1M), free cash flow as the company reports it was $10.5M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Nov 5, 2026 | $54.4M | +37% | 28.9% | $30.6M | $32.1M |
| Q2 2026 | 10-Q | Aug 6, 2026 | $51.1M | +48% | 50.8% | $26.7M | $42.4M |
| Q1 2026 | 10-Q | May 7, 2026 | $49.8M | +17% | 35.9% | $18.7M | $19.8M |
| Q4 2025 | 10-K | Mar 5, 2026 | $39.4M | +1% | 38.5% | $21.6M | $31.7M |
| Q3 2025 | 10-Q | Nov 6, 2025 | $39.8M | +32% | 37.8% | $16.0M | $25.3M |
| Q2 2025 | 10-Q | Aug 7, 2025 | $34.5M | +33% | 53.7% | $19.6M | $22.9M |
| Q1 2025 | 10-Q | May 8, 2025 | $42.6M | +41% | 28.6% | $13.0M | $20.3M |
Charts
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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Customers and suppliers named in filings
Sells to
- Targa Pipeline Mid-Continent West OK LLC — 33% of its revenue · Stated in 10-K (XBRL) · source
- Plains Marketing, L.P — 22% of its revenue · Stated in 10-K (XBRL) · source
About Sandridge Energy
We are an independent oil and natural gas company, organized in 2006, with a principal focus on acquisition, development and production activities in the U.S. Mid-Continent. As of December 31, 2025, we had an interest in 1,446 gross (825 net) producing wells, approximately 930 of which we operate, and 574,599 gross (378,537 net) total acres under lease. As of December 31, 2025, we had one active drilling rig. Total estimated proved reserves as of December 31, 2025, were 69.1 MMBoe.
In its own words, from its 10-K, filed Mar 5, 2026.
Sandridge Energy against its Crude Petroleum & Natural Gas peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +37% against the peers' median +46%. Operating margin: 28.9% against the peers' median 28.9%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| SD Sandridge Energy | Q3 2026 | $54.4M | +37% | 28.9% |
| EOG EOG Resources | Q3 2026 | $8.5B | +46% | 41.9% |
| OXY Occidental Petroleum | Q2 2026 | $8.1B | +53% | 48.5% |
| DVN Devon Energy | Q3 2026 | $6.9B | +58% | 18.3% |
| FANG Diamondback Energy | Q3 2026 | $5.4B | +38% | 46.0% |
| EXE Expand Energy | Q3 2026 | $3.3B | +11% | 19.5% |
| PARR PAR Pacific Holdings | Q3 2026 | $3.1B | +52% | 15.5% |
| OVV Ovintiv | Q3 2026 | $2.6B | +26% | 33.7% |
| SM SM Energy | Q3 2026 | $2.2B | +167% | 10.9% |
Source: Sandridge Energy 10-Q on SEC EDGAR · CIK 1349436 · Crude Petroleum & Natural Gas
Guidance and outlook
13F: who owns SD and who is buying
More on SD
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results