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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Successor        
Revenues        
Oil, natural gas and NGL $ 80,540   $ 263,235  
Other 352   858  
Total revenues 80,892   264,093  
Expenses        
Production 26,765   76,997  
Production taxes 3,606   9,435  
Depreciation and depletion—oil and natural gas 31,029   87,486  
Depreciation and amortization—other 3,399   10,729  
Impairment 498   3,475  
General and administrative 20,292   63,999  
Loss (gain) on derivative contracts 11,702   (46,024)  
Loss on settlement of contract 0   0  
Other operating (income) expense (132)   135  
Total expenses 97,159   206,232  
(Loss) income from operations (16,267)   57,861  
Other (expense) income        
Interest expense, net (872)   (2,757)  
Gain on extinguishment of debt 0   0  
Reorganization items, net 0   0  
Other income (expense), net 197   2,222  
Total other expense (675)   (535)  
(Loss) income before income taxes (16,942)   57,326  
Income tax (benefit) expense (8,457)   (8,496)  
Net (loss) income (8,485)   65,822  
Preferred stock dividends 0   0  
(Loss applicable) income available to SandRidge Energy, Inc. common stockholders $ (8,485)   $ 65,822  
(Loss) earnings per share        
Basic (in dollars per share) $ (0.25)   $ 2.07  
Diluted (in dollars per share) $ (0.25)   $ 2.06  
Weighted average number of common shares outstanding        
Basic (in shares) 34,290   31,750  
Diluted (in shares) 34,290   31,984  
Predecessor        
Revenues        
Oil, natural gas and NGL   $ 99,934   $ 279,971
Other   4,122   13,838
Total revenues   104,056   293,809
Expenses        
Production   39,640   129,608
Production taxes   2,278   6,107
Depreciation and depletion—oil and natural gas   27,725   90,978
Depreciation and amortization—other   7,514   21,323
Impairment   354,451   718,194
General and administrative   29,145   134,447
Loss (gain) on derivative contracts   (338)   4,823
Loss on settlement of contract   0   90,184
Other operating (income) expense   979   4,348
Total expenses   461,394   1,200,012
(Loss) income from operations   (357,338)   (906,203)
Other (expense) income        
Interest expense, net   (3,343)   (126,099)
Gain on extinguishment of debt   0   41,179
Reorganization items, net   (42,754)   (243,672)
Other income (expense), net   (898)   1,332
Total other expense   (46,995)   (327,260)
(Loss) income before income taxes   (404,333)   (1,233,463)
Income tax (benefit) expense   4   11
Net (loss) income   (404,337)   (1,233,474)
Preferred stock dividends   0   16,321
(Loss applicable) income available to SandRidge Energy, Inc. common stockholders   $ (404,337)   $ (1,249,795)
(Loss) earnings per share        
Basic (in dollars per share)   $ (0.56)   $ (1.76)
Diluted (in dollars per share)   $ (0.56)   $ (1.76)
Weighted average number of common shares outstanding        
Basic (in shares)   718,373   708,788
Diluted (in shares)   718,373   708,788