SandRidge Energy, Inc. (SD)
NYSEEnergyOil & Gas Exploration & ProductionSnapshot 2026-09-04
$14.33+0.14%
Close 2026-09-04 · 1-day change
NYSEEnergyOil & Gas Exploration & ProductionSnapshot 2026-09-04
Intact: The reason to own it still holds.
SandRidge Energy keeps capital spending disciplined with $76-$97 million planned for 2026. The company raised its quarterly dividend by 8% to $0.13 per share. Operational cash flow remains positive, with $19.76 million generated in Q1 2026. The stock trades cheaply at a PE of 7.2, well below peers.
SandRidge faces volatile management and fragile quality. Earnings missed in early 2026 and revenue growth is expected to slow. The sector faces headwinds that could pressure cash flow and dividends.
The price is about 7% below our fair value near $14. Analysts expect modest 3.5% revenue growth. Our view is cautious given mixed execution and sector headwinds.
Breaks if: CAPEX exceeds $97 million or falls below $76 million in FY26
Breaks if: Dividend falls below $0.13 per share in next 4 quarters
The Board increased its ongoing quarterly dividend program by 8% to $0.13 per share.
Breaks if: Quarterly cash flow falls below $19 million
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a durable compounder with a focus on growth through acquisitions and dividend maintenance. The current thesis state is intact, supported by strong recent financial performance and a commitment to operational efficiency.
The market appears to have priced in a cheap valuation compared to peers, with a low expectations gap. However, there is some fragility due to weak execution quality and a turbulent sector backdrop.
Fundamentals are likely to remain stable, with management focused on expanding the asset base and maintaining cash flow. However, there is a moderate risk of missing earnings expectations, which could impact sentiment.
The thesis hinges on several factors, including the potential for inflation to reaccelerate, the performance of sector bellwethers, and the company's ability to meet or exceed guidance in upcoming reports. Any cuts to guidance could lead to negative market reactions.
In the next 1 to 3 years, SD's performance will depend on its execution and external economic factors. Not investment advice.
The most important moves since the prior daily snapshot.
Our read on the company is unchanged since the prior snapshot.
as of 2026-09-04
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.