公司概述
SandRidge Energy, Inc. focuses on the comprehensive acquisition, development, and production of oil and natural gas resources specifically within the United States Mid-Continent region. The company operates within the broader Energy sector and functions as a specialized entity in the Oil & Gas E&P industry, where its primary objective is the extraction and sale of hydrocarbons. As of the latest available data, the enterprise maintains a market capitalization of $562.69M, generates annual revenue of $156.36M, and employs a workforce of 102 individuals. These valuation and revenue figures indicate that the company operates as a mid-cap independent exploration and production firm with a defined operational footprint, distinguishing it from large-scale integrated majors while maintaining a significant presence in the regional energy landscape.
财务健康
The company reported a trailing twelve-month revenue of $156.36M and net income of $70.20M, resulting in an EBITDA of $100.58M. The substantial gap between the $156.36M revenue and the $70.20M net income reveals a highly efficient cost structure, where operating expenses and taxes consume approximately 55% of total revenue to yield a robust bottom line. Free cash flow stands at $12.90M, which signifies that despite capital expenditures required for upstream operations, the company retains positive liquidity to fund working capital needs or return value to shareholders without external financing. The gross margin is recorded at 67.8%, reflecting the high value capture typical of commodity production before overheads; the operating margin of 23.1% demonstrates effective control over administrative and exploration costs; and the profit margin of 44.9% highlights the company's exceptional ability to convert sales into actual earnings. In terms of leverage, total cash assets of $111.00M significantly exceed total debt obligations of $1.63M, supported by a debt-to-equity ratio of 0.32, which characterizes the balance sheet as highly conservative and minimally leveraged. The current ratio of 2.17 indicates strong short-term liquidity, as the company holds more than double the current liabilities in assets, ensuring it can easily meet obligations due within one year. Furthermore, the Return on Equity of 14.5% and Return on Assets of 5.9% reveal that management generates substantial returns on shareholder capital while utilizing assets efficiently relative to the capital-intensive nature of the oil and gas industry.
估值评估
The trailing twelve-month P/E ratio is 8.04, while the forward P/E is projected at 10.39, implying that the market expects earnings to grow sufficiently to justify a higher multiple in the coming year, though the current earnings base already supports a low multiple. The price-to-book ratio stands at 1.10, indicating that the market values the company at a slight premium over its net asset value, suggesting that intangible assets like reserves or brand reputation contribute to valuation beyond tangible book value. Alternative valuation metrics such as the price-to-sales ratio of 3.60 and an EV/EBITDA of 4.50 suggest the stock is priced conservatively relative to its sales generation and earnings power compared to historical averages for the sector. The 52-week high is $18.45 and the 52-week low is $8.81, providing a range within which the stock has traded, though the specific current trading price relative to this exact range is not explicitly defined in the provided facts, necessitating observation of the absolute price levels provided. The beta value of 0.62 indicates that the stock exhibits lower volatility than the broader market, moving with less intensity than the S&P 500, which offers a distinct risk profile for income-focused portfolios seeking stability within the energy sector.
Growth & Income
Revenue growth on a year-over-year basis is 1.1%, whereas earnings growth is significantly higher at 23.3%, implying that the company is successfully improving its operational efficiency or leveraging cost synergies to boost profitability at a rate far exceeding top-line expansion. As a dividend payer, the company offers a dividend yield of 3.1% with a payout ratio of 24.2%, indicating a highly sustainable distribution policy where less than a quarter of earnings are returned to shareholders, leaving ample room for reinvestment or retention during periods of lower cash flow. The low payout ratio combined with strong free cash flow generation suggests the company has the flexibility to maintain or potentially increase dividends without compromising financial health or capital expenditure requirements. Overall, the growth and income profile presents a hybrid characteristic where modest top-line expansion is driven by significant earnings leverage, supported by a conservative balance sheet that enables consistent dividend payments while maintaining substantial cash reserves.