SandRidge Income Before Tax from 2010 to 2024

SD Stock  USD 12.11  0.36  3.06%   
SandRidge Energy's Income Before Tax is increasing over the years with stable fluctuation. Overall, Income Before Tax is expected to go to about 78.6 M this year. During the period from 2010 to 2024 SandRidge Energy Income Before Tax annual values regression line had geometric mean of  183,492,599 and mean square error of 2496152.2 T. View All Fundamentals
 
Income Before Tax  
First Reported
2006-06-30
Previous Quarter
8.8 M
Current Value
10 M
Quarterly Volatility
393.3 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SandRidge Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SandRidge Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 21.1 M, Interest Expense of 98.8 K or Total Revenue of 141.2 M, as well as many indicators such as Price To Sales Ratio of 3.57, Dividend Yield of 0.18 or PTB Ratio of 1.22. SandRidge financial statements analysis is a perfect complement when working with SandRidge Energy Valuation or Volatility modules.
  
Check out the analysis of SandRidge Energy Correlation against competitors.
For information on how to trade SandRidge Stock refer to our How to Trade SandRidge Stock guide.

Latest SandRidge Energy's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of SandRidge Energy over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on SandRidge Energy income statement and is an important metric when analyzing SandRidge Energy profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is SandRidge Energy's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SandRidge Energy's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Pretty Stable
   Income Before Tax   
       Timeline  

SandRidge Income Before Tax Regression Statistics

Arithmetic Mean(581,763,877)
Geometric Mean183,492,599
Coefficient Of Variation(264.02)
Mean Deviation997,110,433
Median38,313,000
Standard Deviation1,535,979,022
Sample Variance2359231.6T
Range4.7B
R-Value0.13
Mean Square Error2496152.2T
R-Squared0.02
Significance0.64
Slope45,484,028
Total Sum of Squares33029241.8T

SandRidge Income Before Tax History

202478.6 M
202374.8 M
2022177.6 M
2021116.7 M
2020-278 M
2019-449.3 M
2018-9.1 M

About SandRidge Energy Financial Statements

SandRidge Energy stakeholders use historical fundamental indicators, such as SandRidge Energy's Income Before Tax, to determine how well the company is positioned to perform in the future. Although SandRidge Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in SandRidge Energy's assets and liabilities are reflected in the revenues and expenses on SandRidge Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in SandRidge Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax74.8 M78.6 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out the analysis of SandRidge Energy Correlation against competitors.
For information on how to trade SandRidge Stock refer to our How to Trade SandRidge Stock guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SandRidge Energy. If investors know SandRidge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SandRidge Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.373
Dividend Share
0.43
Earnings Share
1.26
Revenue Per Share
3.243
Quarterly Revenue Growth
(0.21)
The market value of SandRidge Energy is measured differently than its book value, which is the value of SandRidge that is recorded on the company's balance sheet. Investors also form their own opinion of SandRidge Energy's value that differs from its market value or its book value, called intrinsic value, which is SandRidge Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SandRidge Energy's market value can be influenced by many factors that don't directly affect SandRidge Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SandRidge Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if SandRidge Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SandRidge Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.