SandRidge Energy (SD) Registration Filing summary

Company overview and business model

• Independent oil and natural gas company focused on production, development, and acquisition of oil and gas properties, primarily in the Mid-Continent region (Oklahoma, Texas, Kansas).

• Organized in 2006, with principal executive offices in Oklahoma City.

Financial performance and metrics

• Annual and quarterly financials, as well as current reports, are incorporated by reference, including audited financials for 2022–2024.

• Dividend payments in 2024 totaled $72.3 million, including a one-time $1.50/share dividend and ongoing quarterly dividends of $0.11/share.

Use of proceeds and capital allocation

• Net proceeds from securities sales will be used for general corporate purposes, including working capital, debt repayment/refinancing, capital expenditures, acquisitions, and investments in projects.

• Specific allocations will be detailed in future prospectus supplements.