SD (SandRidge Energy) Scaled Net Operating Assets: 0.66 (As of Mar. 2026)


SD SandRidge Energy Inc SD
73 GF Score
Price $13.74
GF Value $15.78
Valuation Modestly Undervalued
! 3 Warning Signs
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What is SandRidge Energy Scaled Net Operating Assets?

SandRidge Energy SD -1.93% 73 Scaled Net Operating Assets is 0.66 as of Mar. 2026. GuruFocus rates SD with a GF Score™ of 73/100 and a GF Value™ of $15.78 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

SandRidge Energy's operating assets for the quarter that ended in Mar. 2026 was $549.4 Mil. SandRidge Energy's operating liabilities for the quarter that ended in Mar. 2026 was $126.2 Mil. SandRidge Energy's Total Assets for the quarter that ended in Dec. 2025 was $644.0 Mil. Therefore, SandRidge Energy's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.66.


SandRidge Energy Scaled Net Operating Assets Historical Data

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The historical data trend for SandRidge Energy's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SandRidge Energy Scaled Net Operating Assets Chart

SandRidge Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.66 0.36 0.63 0.69

SandRidge Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.63 0.64 0.65 0.65 0.66

SD vs WTI, EGY, ZNOG: Scaled Net Operating Assets Comparison

For the Oil & Gas E&P subindustry, SandRidge Energy's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SandRidge Energy Scaled Net Operating Assets vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, SandRidge Energy's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where SandRidge Energy's Scaled Net Operating Assets falls into.


SD
73GF Score
SandRidge Energy Inc SD
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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SandRidge Energy Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

SandRidge Energy's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(533.023-133.15)/581.511
=0.69

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=644.021 - 110.998
=533.023

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=133.15 - 0 - 0
=133.15

SandRidge Energy's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(549.381-126.16)/644.021
=0.66

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=652.13 - 102.749
=549.381

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=126.16 - 0 - 0
=126.16

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of 0.66 mean?
SandRidge Energy (SD) has a Scaled Net Operating Assets of 0.66 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on SandRidge Energy and its competitors.
Is SandRidge Energy's Scaled Net Operating Assets too high?
SandRidge Energy's current Scaled Net Operating Assets is 0.66. Overall, SandRidge Energy has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SandRidge Energy's Scaled Net Operating Assets compare to WTI and EGY?
SandRidge Energy's Scaled Net Operating Assets of 0.66 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on SandRidge Energy and its competitors. SandRidge Energy's current Scaled Net Operating Assets is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SandRidge Energy stock overvalued right now?
Based on GuruFocus' analysis, SandRidge Energy (SD) is currently considered Modestly Undervalued. The stock's GF Value™ is $15.78, compared to a current price of $13.74 — trading 12.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.66. SandRidge Energy's overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For SandRidge Energy (SD), the current Scaled Net Operating Assets is 0.66 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is SandRidge Energy (SD) Overvalued in 2026?

Based on GuruFocus' analysis, SandRidge Energy stock appears to be undervalued. The current stock price of $13.74 is trading 12.9% below its estimated GF Value™ of $15.78. GuruFocus considers SandRidge Energy to be Modestly Undervalued.

Key valuation signals for SD:

  • Scaled Net Operating Assets: 0.66
  • GF Value™: $15.78 vs. price of $13.74 (12.9% below fair value)
  • GF Score™: 73/100 with 3 warning signs

No single metric tells the full story. See the SD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SandRidge Energy Business Description

Industry EnergyOil & Gas
Other Exchanges SA2D:Germany
Address 1 East Sheridan Avenue, Suite 500, Oklahoma City, OK, USA, 73104
SandRidge Energy Inc is a United States-based oil and natural gas company. It is engaged in the exploration, development, and production of crude oil, natural gas, and Natural gas liquids. Business activities of the group include Exploration and Production, Drilling and Oil Field Services, and Midstream Gas Services. The company's primary areas of operation are the Mid-Continent in Oklahoma and Kansas.
73GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.74
Price
$15.78
GF Value