Sandridge Energy (SD) Cost of Revenue (2009 - 2023)
Sandridge Energy (SD) posted Cost of Revenue of $21.2 million for Q4 2023, up 84.74% sequentially from $11.4 million in Q3 2023, and down 22.1% YoY from $27.2 million in Q4 2022.
Sandridge Energy (SD) Cost of Revenue (2009 - 2023) Analysis & Trends
Sandridge Energy has reported Cost of Revenue for 15 years, with the latest figure at $21.2 million in Q4 2023.
- Quarterly Cost of Revenue fell 22.1% year-over-year to $21.2 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $53.1 million (down 7.2% YoY) and the FY2025 annual result came in at $46.6 million, changed 0.43% from the prior year.
- Cost of Revenue rose to $21.2 million in Q4 2023 per SD's latest filing, from $11.4 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $27.2 million in Q4 2022 and troughed at $8.0 million in Q1 2021.
- A 5-year average of $14.8 million and a median of $11.4 million in 2023 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2020 and 2022: Cost of Revenue tumbled 66.19% in 2020, then surged 36.56% in 2022.
- Over 5 years, Cost of Revenue stood at $23.9 million in 2019, then retreated by 11.7% to $21.1 million in 2020, then declined by 4.89% to $20.0 million in 2021, then surged by 35.48% to $27.2 million in 2022, then retreated by 22.1% to $21.2 million in 2023.
- According to Business Quant data, Cost of Revenue over the past three periods registered $21.2 million, $11.4 million, and $8.8 million for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 6.71 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 1.79 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | - |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 9.00 Mn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | 566.00 Mn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 1.39 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 332.00 Mn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 385.02 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | - |
| 10 | Sandridge Energy | 531.82 Mn | 414.25 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 21.15 Mn |
| Dec 31, 2023 | 21.15 Mn |
| Sep 30, 2023 | 11.45 Mn |
| Sep 30, 2023 | 11.45 Mn |
| Jun 30, 2023 | 8.80 Mn |
| Jun 30, 2023 | 8.80 Mn |
| Mar 31, 2023 | 11.69 Mn |
| Mar 31, 2023 | 11.69 Mn |
| Dec 31, 2022 | 27.15 Mn |
| Dec 31, 2022 | 27.15 Mn |
| Sep 30, 2022 | 9.69 Mn |
| Sep 30, 2022 | 9.69 Mn |
| Jun 30, 2022 | 9.51 Mn |
| Jun 30, 2022 | 9.51 Mn |
| Mar 31, 2022 | 10.86 Mn |
| Mar 31, 2022 | 10.86 Mn |
| Dec 31, 2021 | 20.04 Mn |
| Dec 31, 2021 | 20.04 Mn |
| Sep 30, 2021 | 9.08 Mn |
| Sep 30, 2021 | 9.08 Mn |