Company Information

Learn More About XBRL  

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 ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
09/20110.25NA22.24
06/2011-0.09NAN/E
03/2011-0.36NAN/E
12/20100.52NA14.08
09/2010-1.11NAN/E
06/2010-2.52NAN/E
03/2010-3.04NAN/E
12/2009-10.20NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2010 Leverage 2010
Net Inc/Comm Equity0.04Total Liab/Total Assets0.71
Net Inc/Total Assets0.04Total Liab/Inv Cap0.81
Net Inc/Inv Cap0.04Total Liab/Comm Equity0.82
Pretax Inc/Net Sales-0.27Interest Coverage Ratio-0.02
Net Inc/Net Sales0.20Curr Debt/Equity0.07
Cash Flow/Net Sales0.42LTD/Equity1.89
SG&A/NetSales0.28Total Debt/Equity1.96
Asset Utilization   Liquidity  
Net Receivables Turnover7.06Quick Ratio0.32
Inventory Turnover91.58Current Ratio0.32
Inventory Day Sales0.24Net Rec/Curr Assets0.83
Net Sales/Work Cap-2.53Inv/Curr Assets0.02
Net Sales/PP&E0.20  

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

Balance Sheet (Millions)

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
12/2006388.2415.62--
12/2007677.4550.220.46
12/20081,181.81-1,441.28-9.26
12/2009591.04-1,775.59-10.20
12/2010931.74190.560.52
Growth Rates24.47----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional12/31/11314273,46466.36




Report Date : 2/6/2012

Powered By Edgar Online Copyright 2012, EDGAR Online, Inc. All rights reserved. Replication or redistribution of EDGAR Online, Inc. content is expressly prohibited without the prior written consent of EDGAR Online, Inc. EDGAR Online, Inc. shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.