SandRidge Energy Q2 Adj EPS $0.17, Down From $0.38 Last Year; Total Revenues $25.98M, Down From $33.42M Prior Year
Portfolio Pulse from Benzinga Newsdesk
SandRidge Energy reported Q2 adjusted EPS of $0.17, a decrease from $0.38 last year. Total revenues also fell to $25.98 million from $33.42 million in the prior year.
August 07, 2024 | 8:55 pm
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NEGATIVE IMPACT
SandRidge Energy's Q2 adjusted EPS dropped to $0.17 from $0.38 last year, and total revenues decreased to $25.98 million from $33.42 million.
The significant decline in both adjusted EPS and total revenues indicates weaker financial performance, which is likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100