Sandridge Energy Inc. Files Amendment to Annual Report

TL;DR

<b>Sandridge Energy, Inc. has filed an amendment to its annual report for the fiscal year ending December 31, 2023.</b>

AI Summary

SANDRIDGE ENERGY INC (SD) filed a Amended Annual Report (10-K/A) with the SEC on April 30, 2024. Sandridge Energy, Inc. filed a 10-K/A (Amendment No. 1) on April 30, 2024. The filing pertains to the fiscal year ended December 31, 2023. The company's principal executive offices are located at 1 E. Sheridan Ave, Suite 500, Oklahoma City, OK 73104. Sandridge Energy, Inc. is registered in Delaware with IRS Employer Identification No. 20-8084793. The company's common stock trades under the symbol 'SD' on the New York Stock Exchange.

Why It Matters

For investors and stakeholders tracking SANDRIDGE ENERGY INC, this filing contains several important signals. This amendment indicates potential updates or corrections to the company's previously filed annual financial and operational disclosures. The filing confirms Sandridge Energy's status as an accelerated filer, suggesting a certain level of financial reporting maturity and compliance.

Risk Assessment

Risk Level: low — SANDRIDGE ENERGY INC shows low risk based on this filing. The filing is an amendment to a 10-K, which typically indicates corrections or updates rather than new material events, suggesting a low immediate risk.

Analyst Insight

Review the specific changes made in Amendment No. 1 to the 10-K filing to understand any updated financial or operational details for Sandridge Energy, Inc.

Key Numbers

• 10-K/A — Filing Type (Amendment No. 1 to Annual Report)
• 20231231 — Fiscal Year End (Period covered by the report)
• 20240430 — Filing Date (Date the amendment was filed)
• 001-33784 — Commission File Number (SEC registration number)
• SD — Trading Symbol (Symbol for common stock on NYSE)

Key Players & Entities

• SANDRIDGE ENERGY INC (company) — Filer name
• 0001193125-24-122938 (other) — Accession Number
• 20240430 (date) — Filing Date
• 20231231 (date) — Fiscal Year End
• 001-33784 (other) — Commission file number
• SD (other) — Trading symbol
• New York Stock Exchange (company) — Exchange where common stock is registered
• RIATA ENERGY INC (company) — Former company name

FAQ

Industry Context

Sandridge Energy operates in the Crude Petroleum & Natural Gas industry.

Regulatory Implications

The filing is a standard SEC filing (10-K/A) under the Securities Exchange Act of 1934.

What Investors Should Do

1. Analyze the specific amendments made in the 10-K/A filing.
2. Verify the accuracy of financial and operational data presented for the fiscal year 2023.
3. Monitor future filings for any significant changes or updates from Sandridge Energy, Inc.

Year-Over-Year Comparison

This is an amended annual report (10-K/A), indicating updates to previously submitted information for the fiscal year 2023.

Key Financial Figures

• $0.001 — e on Which Registered Common Stock, $0.001 par value SD New York Stock Exchang
• $473.1 million — ates on June 30, 2023 was approximately $473.1 million based on the closing price as quoted on
• $315,000 — se salary increase for Mr. Gamoudi from $315,000 to $335,000. Mr. Gamoudi voluntarily re
• $335,000 — crease for Mr. Gamoudi from $315,000 to $335,000. Mr. Gamoudi voluntarily resigned from

Filing Documents

• d742792d10ka.htm (10-K/A) — 180KB
• d742792dex311.htm (EX-31.1) — 11KB
• d742792dex312.htm (EX-31.2) — 11KB
• g742792page16a.jpg (GRAPHIC) — 23KB
• 0001193125-24-122938.txt (&nbsp;) — 234KB

Executive Compensation

Executive Compensation 5 Item 12.

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 14 Item 13. Certain Relationships and Related Transactions and Director Independence 16 Item 14. Principal Accountant Fees and Services 16 PART IV 17 Item 15. Exhibits and Financial Statement Schedules 17

SIGNATURES

SIGNATURES 18 Table of Contents E XPLANATORY N OTE SandRidge Energy, Inc. (the Company) will not be filing its definitive proxy materials for its 2024 annual meeting of shareholders with the U.S. Securities and Exchange Commission (SEC) within 120 days after the end of its fiscal year ended December 31, 2023. Accordingly, pursuant to the instructions to Form 10-K, this Amendment No. 1 to the Companys Annual Report on Form 10-K for the fiscal year ended December 31, 2023, is being filed to include the Part III information required under the instructions to Form 10-K and the general rules and regulations under the Securities Exchange Act of 1934, as amended (the Exchange Act), which Annual Report was originally filed with the SEC on March 7, 2024 (the Original Form 10-K). This Form 10-K/A amends and restates only Part III, Items 10,11,12,13, and 14, and amends Part IV, Item 15 of the Companys Annual Report on Form 10-K for the fiscal year ended December 31, 2023. No other Items of the previous Form 10-K filing have been amended or revised in this Form 10-K/A, and all such other Item shall be as set forth in such previous Form 10-K filing. In addition, no other information has been updated for any subsequent events occurring after March 7, 2024, the date of filing of the Original Form 10-K. As used in this Form 10-K/A, references to SandRidge, the Company, we, our, or us mean SandRidge Energy, Inc.., our predecessors and consolidated subsidiaries, or any one or more of them, as the context requires. 1 Table of Contents PART III Item10. Directors, Executive Officers and Corporate Governance Directors Jonathan Frates Age: 41 Director since June 2018 Mr. Frates has served as an independent Director and Chairman of the Board since June 2018 and currently serves as a member of the Compensation Committee and the Nominating and Governance Committee. Mr. Frates has been Investment Director of Vision One Management Partners L.P., an investment firm,

View Full Filing

View this 10-K/A filing on SEC EDGAR