Brief: SandRidge Energy Inc Reports Q3 Adjusted Loss Per Share $0.49

SandRidge Energy

12/11/2019 22:31

Nov 12 (Reuters) - SandRidge Energy Inc  SD.N :
    * SANDRIDGE ENERGY, INC. REPORTS FINANCIAL AND OPERATIONAL
RESULTS
FOR THIRD QUARTER 2019
    * Q3 LOSS PER SHARE $5.12
    * Q3 ADJUSTED LOSS PER SHARE $0.49
    * QTRLY NET LOSS OF $182 MILLION, OR $5.12 PER SHARE, DRIVEN
LARGELY BY A NON-CASH CEILING TEST WRITE DOWN
    * PRODUCTION TOTALED 2.9 MMBOE (29% OIL, 22% NGLS AND 49%
NATURAL
GAS) FOR Q3
    * SEES 2019 TOTAL PRODUCTION 11.5 MMBOE TO 12.0 MMBOE
    * SEES 2019 TOTAL CAPITAL EXPENDITURES $160 MILLION TO $170
MILLION
    * QTRLY TOTAL REVENUE $58.4 MILLION VERSUS $97.7 MILLION

Source text for Eikon:  ID:nPn7jx1lVa 
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