SandRidge Reports Y/Y Declines in Earnings and Revenues in Q3
SandRidge Energy(SD) ZACKS·2024-11-08 02:40
SandRidge Energy, Inc. (SD) faced challenges in third-quarter 2024 as lower commodity prices and production hurdles impacted its earnings and revenues. The company's results reflect volatility in the energy market due to fluctuating oil and gas prices. Despite these headwinds, SandRidge has emphasized operational efficiencies and cost management to mitigate the effects of declining prices. Additionally, the company pursued growth initiatives through acquisitions, enhancing its production capacity, and layin ...