Sandridge Energy SD
NYSE SD
$14.82 +0.12 (+0.82%)
As of: Sep 10, 2026 · 2:42 PM EDT

Sandridge Energy (SD) Gross Margin (2009 - 2023)

Sandridge Energy's (SD) quarterly Gross Margin came in at 37.65% in Q4 2023, down 1396.0% year-over-year from 2.91% in Q4 2022, and down 46.2% quarter-over-quarter from 69.99% in Q3 2023.

Analysis

Sandridge Energy (SD) Gross Margin (2009 - 2023) Analysis & Trends

Sandridge Energy has disclosed Gross Margin across 15 years of filings, most recently posting 37.65% for Q4 2023.

  • In Q4 2023, Gross Margin fell 1396.0% year-over-year to 37.65%; the TTM figure through Dec 2023 stood at 64.28% (down 1322.0% YoY), while the FY2025 annual figure was 70.18%, up 756.0% from the prior year.
  • Gross Margin came in at 37.65% for Q4 2023 at Sandridge Energy, down from 69.99% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 86.36% in Q2 2022 to a low of 30.42% in Q4 2020.
  • Average Gross Margin over 5 years is 64.63%, with a median of 69.44% recorded in 2019.
  • Year-over-year, Gross Margin sank 1883 bps in 2020 and surged 3279 bps in 2021.
  • Over 5 years, Gross Margin stood at 34.86% in 2019, then slipped by 13 bps to 30.42% in 2020, then jumped by 108 bps to 63.21% in 2021, then decreased by 18 bps to 51.61% in 2022, then slipped by 27 bps to 37.65% in 2023.
  • Per Business Quant data, the three most recent Gross Margin figures were 37.65% in Q4 2023, 69.99% in Q3 2023, and 73.66% in Q2 2023.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Conocophillips 166.36 Bn 158.67 Bn 12.81 Bn 65.62%
2 Canadian Natural Resources 106.48 Bn 104.59 Bn 8.84 Bn 82.99%
3 Eog Resources 77.48 Bn 72.58 Bn - -
4 Diamondback Energy 57.49 Bn 57.03 Bn 5.55 Bn 99.84%
5 Devon Energy 46.66 Bn 45.65 Bn 6.02 Bn 81.22%
6 Expand Energy 23.15 Bn 21.88 Bn 2.33 Bn 78.58%
7 Permian Resources 19.91 Bn 19.65 Bn - -
8 Ovintiv 17.99 Bn 17.10 Bn 2.83 Bn 93.93%
9 Apa 15.85 Bn 15.40 Bn 2.28 Bn 94.91%
10 Sandridge Energy 545.10 Mn 427.54 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2023 37.65%
Sep 30, 2023 69.99%
Jun 30, 2023 73.66%
Mar 31, 2023 72.90%
Dec 31, 2022 51.61%
Sep 30, 2022 86.33%
Jun 30, 2022 86.36%
Mar 31, 2022 81.11%
Dec 31, 2021 63.21%
Sep 30, 2021 80.51%
Jun 30, 2021 73.00%
Mar 31, 2021 76.34%
Dec 31, 2020 30.42%
Sep 30, 2020 70.76%
Jun 30, 2020 47.90%
Mar 31, 2020 61.21%
Dec 31, 2019 34.86%
Sep 30, 2019 59.11%
Jun 30, 2019 66.74%
Mar 31, 2019 68.90%