SandRidge Energy, Inc. (SD) Tuesday said first-quarter loss widened to $493 million or $1.03 per share from $232 million or $0.58 per share in the same period last year.
On an adjusted per-share basis, earnings were breakeven. On average, 23 analysts polled by Thomson Reuters expected the company to report a loss of $0.06 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues totaled $511.69 million, up from $381.64 million last year. Analysts expected revenues of $478.99 million.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.