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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues        
Oil, natural gas and NGL $ 95,662 $ 214,532 $ 180,037 $ 410,264
Midstream and marketing 3,254 8,606 7,541 17,370
Drilling and services 224 5,241 1,456 15,086
Other 281 1,228 719 2,195
Total revenues 99,421 229,607 189,753 444,915
Expenses        
Production 42,686 81,776 89,968 171,274
Production taxes 2,121 4,382 3,829 8,896
Cost of sales 471 4,884 4,739 17,711
Midstream and marketing 756 7,724 1,840 15,831
Depreciation and depletion—oil and natural gas 27,952 94,298 60,278 200,405
Depreciation and amortization—other 6,974 12,508 13,809 25,855
Accretion of asset retirement obligations 1,387 1,111 2,975 2,191
Impairment 253,629 1,489,391 363,743 2,573,257
General and administrative 31,024 38,382 105,302 74,531
Loss (gain) on derivative contracts 7,969 33,004 5,161 (16,823)
Loss on settlement of contract 1,092 0 90,184 0
Gain on sale of assets (1,330) (2,770) (3,210) (4,674)
Total expenses 374,731 1,764,690 738,618 3,068,454
Loss from operations (275,310) (1,535,083) (548,865) (2,623,539)
Other (expense) income        
Interest expense (excludes $37.7 million of contractual interest expense on debt subject to compromise for the three and six month-periods ended June 30, 2016) (41,605) (73,727) (122,756) (136,569)
(Loss) gain on extinguishment of debt (152) 17,934 41,179 17,934
Reorganization items, net (200,918) 0 (200,918) 0
Other income, net 2,077 2,170 2,230 1,634
Total other expense (240,598) (53,623) (280,265) (117,001)
Loss before income taxes (515,908) (1,588,706) (829,130) (2,740,540)
Income tax expense 3 25 7 65
Net loss (515,911) (1,588,731) (829,137) (2,740,605)
Less: net loss attributable to noncontrolling interest 0 (220,249) 0 (337,170)
Net loss attributable to SandRidge Energy, Inc. (515,911) (1,368,482) (829,137) (2,403,435)
Preferred stock dividends 5,440 7,074 16,321 17,955
Loss applicable to SandRidge Energy, Inc. common stockholders $ (521,351) $ (1,375,556) $ (845,458) $ (2,421,390)
Loss per share        
Basic (in dollars per share) $ (0.73) $ (2.78) $ (1.20) $ (4.98)
Diluted (in dollars per share) $ (0.73) $ (2.78) $ (1.20) $ (4.98)
Weighted average number of common shares outstanding        
Basic (in shares) 718,102 495,153 703,943 486,704
Diluted (in shares) 718,102 495,153 703,943 486,704