SandRidge Historical Income Statement
SD Stock | USD 12.11 0.36 3.06% |
Historical analysis of SandRidge Energy income statement accounts such as Other Operating Expenses of 80.2 M, Operating Income of 67.4 M or EBIT of 94.7 M can show how well SandRidge Energy performed in making a profits. Evaluating SandRidge Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of SandRidge Energy's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining SandRidge Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether SandRidge Energy is a good buy for the upcoming year.
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About SandRidge Income Statement Analysis
SandRidge Energy Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to SandRidge Energy shareholders. The income statement also shows SandRidge investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
SandRidge Energy Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of SandRidge Energy. It is also known as SandRidge Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in SandRidge Energy financial statement analysis. It represents the amount of money remaining after all of SandRidge Energy operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Cost Of Revenue
Cost of Revenue is found on SandRidge Energy income statement and represents the costs associated with goods and services SandRidge Energy provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from SandRidge Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into SandRidge Energy current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SandRidge Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade SandRidge Stock refer to our How to Trade SandRidge Stock guide.At present, SandRidge Energy's EBIT is projected to decrease significantly based on the last few years of reporting. The current year's Income Before Tax is expected to grow to about 78.6 M, whereas Interest Expense is forecasted to decline to about 98.8 K.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 176K | 216K | 104K | 98.8K | Depreciation And Amortization | 15.4M | 17.9M | 22.2M | 21.1M |
SandRidge Energy income statement Correlations
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SandRidge Energy Account Relationship Matchups
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SandRidge Energy income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 158.6M | 58.1M | 15.4M | 17.9M | 22.2M | 21.1M | |
Interest Expense | 3.0M | 2.0M | 176K | 216K | 104K | 98.8K | |
Total Revenue | 266.8M | 115.0M | 168.9M | 254.3M | 148.6M | 141.2M | |
Gross Profit | (2.0M) | 3.8M | 107.5M | 179.2M | 73.7M | 70.0M | |
Other Operating Expenses | 300.3M | 126.7M | 70.7M | 84.4M | 84.5M | 80.2M | |
Operating Income | (33.1M) | (14.2M) | 114.1M | 175.5M | 64.2M | 67.4M | |
Ebit | (33.1M) | (276.2M) | 96.0M | 175.8M | 74.9M | 94.7M | |
Ebitda | 125.5M | (218.2M) | 111.4M | 193.7M | 97.1M | 92.2M | |
Total Operating Expenses | 31.5M | 15.5M | 9.3M | 9.4M | 9.6M | 9.1M | |
Income Before Tax | (449.3M) | (278.0M) | 116.7M | 177.6M | 74.8M | 78.6M | |
Total Other Income Expense Net | (416.2M) | (4.5M) | 2.7M | 2.2M | 10.6M | 11.2M | |
Net Income | (452.7M) | (277.4M) | 116.7M | 242.2M | 60.9M | 63.9M | |
Income Tax Expense | 3.4M | (646K) | 3.2M | (64.5M) | 14.0M | 14.7M | |
Cost Of Revenue | 268.9M | 111.2M | 61.4M | 75.1M | 74.9M | 71.2M | |
Selling General Administrative | 32.1M | 15.3M | 9.7M | 9.4M | 10.7M | 10.2M | |
Net Income Applicable To Common Shares | (449.3M) | (277.4M) | 116.7M | 242.2M | 278.5M | 292.4M | |
Net Income From Continuing Ops | (449.3M) | (277.4M) | 116.7M | 242.2M | 164.3M | 172.5M | |
Non Recurring | 409.6M | 259.1M | 792K | 382K | 343.8K | 326.6K | |
Non Operating Income Net Other | 436K | (2.5M) | 3.1M | 378K | 340.2K | 323.2K | |
Tax Provision | (650K) | (646K) | 0.0 | (64.5M) | (58.1M) | (55.2M) | |
Interest Income | 91K | 19K | 404K | 1.8M | 10.7M | 10.1M | |
Net Interest Income | (2.8M) | (2.0M) | (230K) | 1.8M | 9.8M | 10.3M | |
Reconciled Depreciation | 158.6M | 58.1M | 15.4M | 17.9M | 21.1M | 20.1M |
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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 World Market Map to better understand how to build diversified portfolios, which includes a position in SandRidge Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade SandRidge Stock refer to our How to Trade SandRidge Stock guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.