| Address:
|
123 ROBERT S. KERR AVENUE
|
| City: |
OKLAHOMA CITY |
|
State: |
OK |
|
Zip Code: |
73102-6406 |
| Telephone: |
405-429-5500 |
|
Description of Business
|
Primary SIC Code:
1311 |
| (As filed with the SEC)
|
|
|
SandRidge Energy, Inc., is an independent oil and natural gas company
headquartered in Oklahoma City, Oklahoma concentrating on development and
production activities related to the exploitation of our significant holdings in
West Texas and the Mid-Continent area of Oklahoma and Kansas. Our primary areas
of focus in West Texas are the Permian Basin and the West Texas Overthrust (the
"WTO"). In the Permian Basin, we control approximately 244,700 net acres in West
Texas and New Mexico. Our oil properties in the Permian Basin include properties
acquired in December 2009 from Forest Oil Corporation and one of its
subsidiaries (collectively, "Forest") in conjunction with our strategic shift in
focus to oil development and production, and properties formerly owned by Arena
Resources, Inc. ("Arena"), which we acquired in July 2010. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | 0.25 | NA | 22.24 | | 06/2011 | -0.09 | NA | N/E | | 03/2011 | -0.36 | NA | N/E | | 12/2010 | 0.52 | NA | 14.08 | | 09/2010 | -1.11 | NA | N/E | | 06/2010 | -2.52 | NA | N/E | | 03/2010 | -3.04 | NA | N/E | | 12/2009 | -10.20 | NA | N/E |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | 0.04 | Total Liab/Total Assets | 0.71 | | Net Inc/Total Assets | 0.04 | Total Liab/Inv Cap | 0.81 | | Net Inc/Inv Cap | 0.04 | Total Liab/Comm Equity | 0.82 | | Pretax Inc/Net Sales | -0.27 | Interest Coverage Ratio | -0.02 | | Net Inc/Net Sales | 0.20 | Curr Debt/Equity | 0.07 | | Cash Flow/Net Sales | 0.42 | LTD/Equity | 1.89 | | SG&A/NetSales | 0.28 | Total Debt/Equity | 1.96 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 7.06 | Quick Ratio | 0.32 | | Inventory Turnover | 91.58 | Current Ratio | 0.32 | | Inventory Day Sales | 0.24 | Net Rec/Curr Assets | 0.83 | | Net Sales/Work Cap | -2.53 | Inv/Curr Assets | 0.02 | | Net Sales/PP&E | 0.20 | | |
Income Statement (Millions) |
| |
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Total Revenues(Net Sales)
|
363.75
|
364.77
|
312.85
|
293.07
|
|
Cost of Goods Sold
|
117.41
|
115.77
|
111.28
|
99.53
|
|
Selling & Admin Exps
|
47.37
|
-228.01
|
322.62
|
113.04
|
|
Operating Income
|
696.58
|
279.72
|
-207.83
|
-127.98
|
|
Interest Exp
|
59.00
|
61.72
|
59.44
|
57.75
|
|
Pretax Income
|
636.96
|
216.12
|
-302.25
|
-185.17
|
|
Other Income
|
597.26
|
-109.72
|
-34.78
|
-116.21
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
575.11
|
210.02
|
-302.34
|
-196.48
|
|
Assets
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Cash & Short Term Investments
|
325.44
|
4.62
|
8.54
|
5.86
|
|
Receivables - Total
|
174.40
|
162.98
|
164.09
|
146.12
|
|
Inventories - Total
|
11.67
|
7.57
|
4.28
|
3.95
|
|
Total Current Assets
|
627.99
|
190.57
|
198.80
|
175.59
|
|
Net Property, Plant & Equipment
|
5,203.81
|
5,070.85
|
4,911.84
|
4,733.87
|
|
Total Assets
|
6,418.71
|
5,596.67
|
5,445.47
|
5,231.45
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
456.10
|
465.20
|
408.51
|
408.40
|
|
Debt in Current Liabilities
|
10.06
|
150.39
|
235.06
|
110.70
|
|
Total Current Liabilities
|
491.51
|
640.96
|
668.93
|
544.46
|
|
Long-Term Debt
|
2,812.78
|
2,892.43
|
3,171.39
|
2,901.79
|
|
Total Liabilities
|
4,414.50
|
4,159.83
|
4,215.50
|
3,695.25
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
981.69
|
359.84
|
11.29
|
11.29
|
|
Preferred Stock
|
0.01
|
0.01
|
0.01
|
0.01
|
|
Common Stock
|
0.40
|
0.40
|
0.40
|
0.40
|
|
Retained Earnings
|
-2,548.50
|
-3,109.73
|
-3,305.86
|
-2,989.58
|
|
Treasury Stock
|
-4.70
|
-4.53
|
-4.15
|
-3.55
|
|
Total Stockholders' Equity
|
2,004.22
|
1,436.85
|
1,229.97
|
1,536.20
|
|
Total Liabilities and Stockholders' Equity
|
6,418.71
|
5,596.67
|
5,445.47
|
5,231.45
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Net Cash Provided by Operating Activities
|
66.95
|
181.25
|
79.76
|
50.92
|
|
Net Cash Provided by Investing Activities
|
-206.72
|
-230.80
|
-271.85
|
-248.66
|
|
Net Cash Provided by Financing Activities
|
460.59
|
45.64
|
194.76
|
201.01
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 388.24 | 15.62 | -- | | 12/2007 | 677.45 | 50.22 | 0.46 | | 12/2008 | 1,181.81 | -1,441.28 | -9.26 | | 12/2009 | 591.04 | -1,775.59 | -10.20 | | 12/2010 | 931.74 | 190.56 | 0.52 | | Growth Rates | 24.47 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 314 | 273,464 | 66.36 |
|
Report Date :
2/6/2012
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