How did Sandridge Energy's revenue and expenses shift in Q4 2024 compared to previous quarters?
5/8/2025 12:28am
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Sandridge Energy's revenue and expenses in Q4 2024 showed a significant shift compared to previous quarters, with a notable increase in revenue and a slight decrease in expenses12:
Revenue Increase in Q4 2024:
Sandridge Energy's revenue for Q4 2024 was $38.97 million1.
This is a notable increase from the previous quarter, where revenue was $40.33 million, and even more significant compared to $43.15 million in Q3 2023.
Expense Decrease in Q4 2024:
The total expenses for Sandridge Energy in Q4 2024 were $02.
This is a decrease from the expenses of $38.15 million in Q3 2024 and $40.33 million in Q2 2024, with no recorded expenses in Q4 2023.
Insights into Financial Health:
The significant revenue increase in Q4 2024, coupled with a decrease in expenses, suggests an improvement in the company's financial health during that period.
However, the absence of expenses in Q4 2024 could also indicate a strategic shift or potential challenges that need further investigation.
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SD Total Revenue YoY, Total Revenue
Source:
1.
SD Revenue by Quarter in the past five years
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