SandRidge Income Tax Expense from 2010 to 2024

SD Stock  USD 11.62  0.03  0.26%   
SandRidge Energy's Income Tax Expense is increasing over the years with stable fluctuation. Overall, Income Tax Expense is expected to go to about 14.7 M this year. During the period from 2010 to 2024 SandRidge Energy Income Tax Expense annual values regression line had coefficient of variation of (350.76) and r-squared of  0.03. View All Fundamentals
 
Income Tax Expense  
First Reported
2005-03-31
Previous Quarter
-2.7 M
Current Value
-15.4 M
Quarterly Volatility
64.2 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 Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of SandRidge Energy over the last few years. It is SandRidge Energy's Income Tax Expense 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 Tax Expense10 Years Trend
Pretty Stable
   Income Tax Expense   
       Timeline  

SandRidge Income Tax Expense Regression Statistics

Arithmetic Mean(8,912,867)
Coefficient Of Variation(350.76)
Mean Deviation19,608,702
Median123,000
Standard Deviation31,262,339
Sample Variance977.3T
Range115M
R-Value0.18
Mean Square Error1019.1T
R-Squared0.03
Significance0.53
Slope1,245,882
Total Sum of Squares13682.7T

SandRidge Income Tax Expense History

202414.7 M
202314 M
2022-64.5 M
20213.2 M
2020-646 K
20193.4 M
2018-71 K

About SandRidge Energy Financial Statements

SandRidge Energy stakeholders use historical fundamental indicators, such as SandRidge Energy's Income Tax Expense, 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 Tax Expense14 M14.7 M

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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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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.