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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues        
Oil, natural gas and NGL $ 214,532 $ 339,906 $ 410,264 $ 745,222
Drilling and services 5,241 18,852 15,086 35,932
Midstream and marketing 8,606 14,874 17,370 32,784
Other 1,228 1,082 2,195 3,832
Total revenues 229,607 374,714 444,915 817,770
Expenses        
Production 81,776 66,953 171,274 173,809
Production taxes 4,382 7,840 8,896 15,647
Cost of sales 4,884 10,469 17,711 22,950
Midstream and marketing 7,724 13,254 15,831 29,254
Depreciation and depletion—oil and natural gas 94,298 97,267 200,405 212,452
Depreciation and amortization—other 12,508 15,411 25,855 30,933
Accretion of asset retirement obligations 1,111 1,065 2,191 6,811
Impairment 1,489,391 3,133 2,573,257 167,912
General and administrative 38,382 31,915 74,531 70,453
Loss (gain) on derivative contracts 33,004 85,292 (16,823) 127,783
(Gain) loss on sale of assets (2,770) 36 (4,674) 17
Total expenses 1,764,690 332,635 3,068,454 858,021
(Loss) income from operations (1,535,083) 42,079 (2,623,539) (40,251)
Other (expense) income        
Interest expense (73,727) (61,863) (136,569) (123,906)
Gain on extinguishment of debt 17,934 0 17,934 0
Other income, net 2,170 1,338 1,634 3,432
Total other expense (53,623) (60,525) (117,001) (120,474)
Loss before income taxes (1,588,706) (18,446) (2,740,540) (160,725)
Income tax expense (benefit) 25 (1,194) 65 (1,067)
Net loss (1,588,731) (17,252) (2,740,605) (159,658)
Less: net (loss) income attributable to noncontrolling interest (220,249) 15,642 (337,170) 9,572
Net loss attributable to SandRidge Energy, Inc. (1,368,482) (32,894) (2,403,435) (169,230)
Preferred stock dividends 7,074 13,881 17,955 27,763
Loss applicable to SandRidge Energy, Inc. common stockholders $ (1,375,556) $ (46,775) $ (2,421,390) $ (196,993)
Loss per share        
Basic (in dollars per share) $ (2.78) $ (0.10) $ (4.98) $ (0.41)
Diluted (in dollars per share) $ (2.78) $ (0.10) $ (4.98) $ (0.41)
Weighted average number of common shares outstanding        
Basic 495,153 485,318 486,704 485,059
Diluted 495,153 485,318 486,704 485,059