Sandridge energy, inc. (SD)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Net (loss) income

-449,305

-9,075

47,062

-4,321,051

351,898

-514,479

246,571

162,388

195,010

-1,773,332

-1,440,425

49,945

Provision for doubtful accounts

16

-462

406

-

-

-

-

-

129

214

1,748

0

Inventory obsolescence

-

-

-

-

-

-

-

-

-

-

-

203

Depreciation, depletion, and amortization

158,558

139,263

131,887

367,295

493,931

629,868

628,834

370,876

316,690

226,892

361,365

227,109

Accretion of asset retirement obligations

-

-

-

4,477

9,092

36,777

28,996

9,368

-

-

-

-

Impairment

409,574

4,170

4,019

4,534,689

192,768

26,280

316,004

2,825

0

1,707,150

1,867,497

0

Accretion of asset retirement obligations

-

-

-

-

-

-

-

-

9,421

-

-

-

Debt issuance costs amortization

558

470

430

11,884

9,425

10,091

14,388

11,372

11,006

7,477

5,623

15,998

Amortization of discount, net of premium, on debt

0

-47

-330

3,130

529

1,036

2,592

2,383

2,153

990

-

0

Gain on extinguishment of debt

0

1,151

0

-

-

-

-

-

-

-

-

-

Write off of debt issuance costs

142

0

0

7,108

0

0

-

-

-

-

-

-

Bargain purchase gain

-

-

-

-

-

-

122,696

0

0

-

-

-

Gain on extinguishment of debt

-

-

-

641,131

0

-82,005

-3,075

-38,232

0

-

-

-

Deferred income tax provision

-

-

-

0

0

-3,842

100,288

6,986

-

-

-

-

Gain on debt derivatives

-

-

-

-10,377

0

0

-

-

-

-

-

-

Cash paid for early conversion of convertible notes

-

-

-

32,741

0

0

-

-

-

-

-

-

(Gain) loss on derivative contracts

1,094

-17,155

24,090

73,061

334,011

-47,123

241,419

44,075

-

-

-

-

Cash received on settlement of derivative contracts

-6,266

35,325

-7,260

-327,702

-11,796

5,879

-125,932

53,536

-

-

-

-

Loss on settlement of contract

-

-

-

-50,976

0

0

-

-

-

-

-

-

Cash paid on settlement of contract

-

-

-

24,889

0

0

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-447,500

-

-47,530

28,923

Loss (gain) due to change in fair value of derivative contracts

-

-

-

-

-

-

-

-

-283,604

-200,049

215,675

26,238

Loss (gain) on sale of assets

-

-

-

-1,491

-10

-399,086

-3,089

2,044

-2,424

-26,419

-

-

(Gain) loss on sale of assets

-

-

-

-

-

-

-

-

-

-

9,273

1,777

Investment (income) loss

-

-

-

-

-

-

-

-

-

51

402

-

Interest income - restricted deposits

-

-

-

-

-

-

-

-

-

-

-

1,354

Income from equity investments

-

-

-

-

-

-

-

-

-

1,020

1,398

4,372

Stock-based compensation

4,254

23,377

15,750

18,380

19,994

85,270

42,795

38,684

37,681

22,793

18,784

7,202

Other

-187

-1,571

344

1,351

407

3,929

1,387

5,834

-460

-

-

-

Changes in operating assets and liabilities increasing (decreasing) cash
Receivables

-15,829

-16,560

-115

-201,907

63,492

-90,048

141,534

61,645

11,480

-8,760

-3,735

19,061

Inventories

-

-

-

-

-

-

-

-

238

-61

-307

1,730

Costs in excess of billings

-

-

-

0

0

11,229

-11,229

0

-61,180

-26,490

-

-

Prepaid expenses

714

-2,620

-127

-1,148

-9,549

7,934

5,952

4,359

-

-

-

-

Other current assets

301

-170

-191

-12,710

-3,164

3,269

1,586

-1,432

-8,079

-47,317

-

-

Other current assets

-

-

-

-

-

-

-

-

-

-

20,603

-12,374

Billings in excess of costs/costs in excess of billings

-

-

-

-

-

-

-

-

-

-

-14,144

-

Other assets and liabilities, net

610

1,754

-4,186

-2,239

1,132

-5,777

-34,447

35,773

-2,667

26,937

-14,271

5,069

Accounts payable and accrued expenses

-17,217

-4,257

-2,199

-86,470

-66,492

101,453

44,115

40,509

42,122

-108,733

27,021

75,299

Asset retirement obligations

-4,445

-4,629

-3,979

-3,984

-16,322

-133,623

-84,361

-16,531

-9,234

-

-

-

Net cash provided by operating activities

121,324

145,514

181,179

373,537

621,114

868,630

783,160

458,954

380,894

311,559

579,189

357,452

CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures for property, plant and equipment

191,678

187,047

219,246

-

-

-

-

-

-

-

-

-

Capital expenditures for property, plant and equipment

-

-

-

879,201

1,553,332

1,496,731

2,146,372

1,727,106

1,035,137

715,205

2,058,415

1,280,848

Acquisition of assets

236

-

-

-

-

-

-

-

-

-

-

-

Acquisitions of assets

-

24,764

48,312

216,943

18,384

17,028

-

-

-

-

-

-

Acquisition of assets

-

-

-

-

-

-

840,740

34,628

138,428

795,074

-

-

Acquisitions of assets

-

-

-

-

-

-

-

-

-

-

-

116,650

Proceeds from sale of assets

1,593

28,358

21,834

56,504

714,475

2,584,115

431,167

859,405

204,951

263,220

158,781

9,034

Deposit received on pending asset sale

-

-

-

-

-

-

-

-

10,000

-

-

-

Contributions on equity investments

-

-

-

-

-

-

-

-

-

-

1,528

0

Loans to equity investees

-

-

-

-

-

-

-

-

-

-

7,500

0

Refunds of restricted deposits

-

-

-

-

-

-

-

-

5,095

-

-

10,328

Fundings of restricted deposits

-

-

-

-

-

-

-

-

-

-

781

7,445

Net cash used in investing activities

-189,849

-183,453

-245,724

-1,039,640

-857,241

1,070,356

-2,555,945

-902,329

-953,519

-1,247,059

-1,909,443

-1,385,581

CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from borrowings

211,096

10,000

0

2,065,000

0

0

1,850,344

2,033,000

2,117,914

2,619,607

3,252,209

1,331,541

Repayments of borrowings

153,596

46,304

0

939,466

0

1,115,500

366,029

2,130,293

1,789,919

2,416,975

1,944,542

1,332,219

Premium on debt redemption

-

-

-

0

0

61,997

844

30,338

0

-

-

-

Debt issuance costs

911

0

1,488

53,244

3,947

91

48,538

20,326

12,540

18,310

17,904

26,540

Reduction of financing lease liability

1,374

0

0

-

-

-

-

-

-

-

-

-

Proceeds from issuance of royalty trust units

-

-

-

-

-

-

587,086

917,528

0

-

-

-

Proceeds from the sale of royalty trust units

-

-

-

0

22,119

28,985

139,360

0

0

-

-

-

Noncontrolling interest distributions

-

-

-

138,305

193,807

206,470

181,727

60,200

-

-

-

-

Cash paid for tax withholdings on vested stock awards

367

7,420

6,730

-

-

-

-

-

-

-

-

-

Noncontrolling interest contributions

-

-

-

0

0

1,579

0

0

-

-

-

-

Acquisition of ownership interest

-

-

-

0

2,730

0

0

-

-

-

-

-

Noncontrolling interest contributions

-

-

-

-

-

-

-

-

306

-

-

-

Proceeds from issuance of common stock, net

-

-

-

-

-

-

-

-

-

324,830

-

1,114,660

Proceeds from issuance of convertible perpetual preferred stock, net

-

-

-

-

-

-

-

-231

290,704

443,210

-

-

Noncontrolling interest distributions

-

-

-

-

-

-

-

-

3,515

26

5,497

144

Stock-based compensation excess tax benefit

-

-

-

0

14

-4

-16

53

15

-

-

0

Purchase of treasury stock

-

-

-

3,535

8,702

32,976

14,723

-

-

-

-

-

Proceeds from issuance of convertible perpetual preferred stock, net

-

-

-

-

-

-

-

-

-

-

-

0

Stock-based compensation excess tax benefit

-

-

-

-

-

-

-

-

-

-3,864

4,594

-

Repurchase of common stock

-

-

-

0

111,827

0

0

13,796

7,169

5,747

3,553

1,661

Dividends paidpreferred

-

-

-

11,262

55,525

55,525

55,525

56,742

28,525

-

17,552

33,321

Payment received on shareholder receivable

-

-

-

1,250

1,250

1,250

0

0

-

-

-

-

Cash paid on settlement of financing derivative contracts

-

-

-

0

44,128

-6,660

34,518

-6,538

-3,356

-

-

-

Net cash (used in) provided by financing activities

54,848

-43,724

-8,218

920,438

-397,283

-1,434,089

1,874,870

645,193

570,627

942,725

1,267,755

1,052,316

NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS and RESTRICTED CASH

-13,677

-81,663

-72,763

-

-

-

-

-

-

-

-

-

NET INCREASE IN CASH AND CASH EQUIVALENTS

-

-

-

254,335

-633,410

504,897

102,085

201,818

-1,998

7,225

-62,499

24,187

Supplemental Disclosure of Cash Flow Information
Cash paid for interest, net of amounts capitalized

-

-

-

-

-

-

-

-

-

171,994

131,183

83,567

Cash paid for income taxes

-

-

-

-

-

-

-

-

-

2,908

2,191

-

Supplemental Disclosure of Noncash Investing and Financing Activities
Change in accrued capital expenditures

-

-

-

-

-

-

-

-

-

-70,063

119,432

-

Convertible perpetual preferred stock dividends payable

-

-

-

-

-

-

-

-

-

8,813

-

-

Cash paid for income taxes

-

-

-

-

-

-

-

-

-

-

-

2,371

Change in accrued capital expenditures

-

-

-

-

-

-

-

-

-

-

-

0

Convertible perpetual preferred stock dividends payable

-

-

-

-

-

-

-

-

-

-

-

0

Redeemable convertible preferred stock dividends, net of dividends paid

-

-

-

-

-

-

-

-

-

-

-

8,956

Insurance premium financed

-

-

-

-

-

-

-

-

-

-

-

1,496

Accretion on redeemable convertible preferred stock

-

-

-

-

-

-

-

-

-

-

7,636

1,421