Oklahoma City’s SandRidge Energy will release its third quarter earnings report this week.
The release on Wednesday, Nov. 6 after the close of trading will give investors an idea whether the company improved after second quarter net earnings fell from the first quarter of the year.
SandRidge also plans a conference call on Thursday, Nov. 7 at 1 p.m. Central Time.
Second quarter net income was $8.8 million, or $0.24 per basic share. Adjusted net income was $6.4 million, or $0.17 per basic share compared to first quarter net income of $11.1 million, or $0.30 per basic share. Adjusted net income in the first quarter was $8.4 million, or $0.23 per basic share.
During the most recent quarter, SandRidge also completed $144 million in acquisitions of holding in the Cherokee play of the Western Anadarko basin.