Investment
Features
FeesSafety
Academy
More
Pluang+

SandRidge Energy raises quarterly dividend by 8% and reports Q1 net income of $18.7M with 31% oil production growth.

Company Fundamentals
06 May 2026
PRNewsWire
View Source
Bullish
pluang ai news

SandRidge Energy increased its quarterly dividend by 8% to $0.13 per share and declared a one-time dividend of $0.20 per share, payable June 1, 2026. The company reported a Q1 2026 net income of $18.7 million, up from $13 million in Q1 2025, driven by a 31% increase in oil production and a 17% rise in total revenues. Production averaged 18.6 MBoe per day, supported by successful drilling and completion of new wells in the Cherokee development program. SandRidge maintains a strong balance sheet with $104.1 million in cash and no debt, and plans to continue capital allocation toward growth projects and shareholder returns.

More News

Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...

Market News
Bullish
3 hours ago
QuickLogic and PQSecure demo post-quantum cryptography on reprogrammable eFPGA for future-proof security.

QuickLogic and PQSecure demo post-quantum cryptography on reprogrammable eFPGA for future-proof security.

QuickLogic and PQSecure Technologies demonstrated that PQSecure's CRYSTAL-1000C post-quantum cryptographic IP can be efficiently implemented on QuickLogic's reprogrammable eFPGA fabric within SoCs. This allows field-upgradeable security without costl...

Market News
Bullish
4 hours ago
Gilat Satellite Networks to report Q2 2026 results on August 5 with CEO and CFO call.

Gilat Satellite Networks to report Q2 2026 results on August 5 with CEO and CFO call.

Gilat Satellite Networks Ltd., a global leader in satellite networking technology, will release its second quarter 2026 financial results on August 5, 2026. Following the release, CEO Adi Sfadia and CFO Gil Benyamini will hold a conference call and w...

Company Fundamentals
Neutral
4 hours ago
B&M's Q1 update splits analysts as Deutsche Bank upgrades but Panmure Liberum downgrades on growth doubts

B&M's Q1 update splits analysts as Deutsche Bank upgrades but Panmure Liberum downgrades on growth doubts

B&M European Value Retail's first-quarter update has divided analysts, with Deutsche Bank upgrading the stock to 'hold' citing stabilizing profit margins and a sensible turnaround strategy by new CEO Tjeerd Jegen. Deutsche Bank raised its profit fore...

Analyst Insights
Neutral
4 hours ago
AmpliTech celebrates 5 years on Nasdaq with record $25.2M revenue and US-made 5G Open RAN tech growth.

AmpliTech celebrates 5 years on Nasdaq with record $25.2M revenue and US-made 5G Open RAN tech growth.

AmpliTech Group marked its fifth anniversary as a public company by ringing the Nasdaq opening bell and announcing record revenue of $25.2 million in fiscal 2025, a 165% increase year-over-year. The company, a US-based leader in RF and microwave sign...

Market News
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App