Sandridge Energy (SD) Misses Q2 EPS by 5c, Revenues Miss

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Go back to Sandridge Energy (SD) Misses Q2 EPS by 5c, Revenues Miss

SandRidge Energy, Inc. Reports Financial and Operational Results for Second Quarter 2018

August 8, 2018 4:15 PM EDT

OKLAHOMA CITY, Aug. 8, 2018 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company" or "SandRidge") (NYSE: SD) today announced financial and operational results for the quarter ended June 30, 2018. For the second quarter, the Company reported a net loss of $34 million, or $0.97 per share, and net cash provided by operating activities of $26 million. After adjusting for certain items, the Company's adjusted net loss amounted to $2 million, or $0.05 per share, operating cash flow totaled $24 million and adjusted EBITDA was $34 million for the quarter. The Company defines and reconciles such non-GAAP... More