SDRXP Financials 07/16/2014 13:57:01 Sandridge En
Post# of 3
Posted On: 07/16/2014 2:56:57 PM
SDRXP Financials 07/16/2014 13:57:01
Sandridge Energy, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 1,983,388 2,730,965 1,415,213 931,736
Cost of Revenue 650,538 1,381,373 454,538 350,380
Gross Profit 1,332,850 1,349,592 960,675 581,356
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 362,717 288,892 194,712 208,735
Non-Recurring Items 63,057 345,000 12,193 9,421
Other 629,868 628,834 370,876 316,690
Operating Income 277,208 86,866 382,894 (6,786)
Income From Continuing Operations
Add'l Income/Expense Items (515,769) 362,692 11,009 (50,738)
Earnings Before Interest and Tax (238,561) 449,558 393,903 (4,228)
Interest Expense 270,234 303,349 237,332 247,442
Earnings Before Tax (508,795) 146,209 156,571 (251,670)
Income Tax 5,684 (100,362) (5,817) (446,680)
Minority Interest 39,410 105,000 54,323 4,445
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (635,894) 138,496 69,833 190,565
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (553,889) 141,571 108,065 190,565
Preferred Stock and Other Adjustments (55,525) (55,525) (55,583) (37,442)
Net Income Applicable to Common Shareholders (609,414) 86,046 52,482 153,123
Sandridge Energy, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 1,983,388 2,730,965 1,415,213 931,736
Cost of Revenue 650,538 1,381,373 454,538 350,380
Gross Profit 1,332,850 1,349,592 960,675 581,356
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 362,717 288,892 194,712 208,735
Non-Recurring Items 63,057 345,000 12,193 9,421
Other 629,868 628,834 370,876 316,690
Operating Income 277,208 86,866 382,894 (6,786)
Income From Continuing Operations
Add'l Income/Expense Items (515,769) 362,692 11,009 (50,738)
Earnings Before Interest and Tax (238,561) 449,558 393,903 (4,228)
Interest Expense 270,234 303,349 237,332 247,442
Earnings Before Tax (508,795) 146,209 156,571 (251,670)
Income Tax 5,684 (100,362) (5,817) (446,680)
Minority Interest 39,410 105,000 54,323 4,445
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (635,894) 138,496 69,833 190,565
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (553,889) 141,571 108,065 190,565
Preferred Stock and Other Adjustments (55,525) (55,525) (55,583) (37,442)
Net Income Applicable to Common Shareholders (609,414) 86,046 52,482 153,123
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