SD — what changed in the latest 10-Q
A section-by-section comparison of SD's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-05-07 vs the prior 10-Q · 2025-11-06
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +15 | −18 | ~11 | 19 |
| Market risk (Item 3) | Text added/removed | +1 | −1 | ~2 | 7 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 0 |
| Risk factors | Text added/removed | 0 | 0 | ~1 | 0 |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Legal proceedings
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-05-07
Total MBoe production for the three months ended March 31, 2026 was comprised of approximately 21.1% oil, 49.7% natural gas and 29.2% NGL compared to 16.8% oil, 48.9% natural gas and 34.3% NGL in the first quarter of 2025.
Depreciation and depletion—oil and natural gas9,820 8,416 1,404
Depreciation and depletion—oil and natural gas ($/Boe)$5.88 $5.24 $0.64
Production, ad valorem, and other taxes (% of oil, natural gas and NGL revenue)6.1 %7.3 %(1.2)%
Lease operating expenses for the three months ended March 31, 2026 were consistent with the three months ended March 31, 2025. The decrease in lease operating expenses per Boe was primarily driven by continued efficient operations and an increase in production volumes due to our ongoing drilling pro…
Text removed vs the prior filing · source: 10-Q · 2025-11-06
Total MBoe production for the three months ended September 30, 2025 was comprised of approximately 19.7% oil, 47.7% natural gas and 32.6% NGL compared to 14.8% oil, 50.4% natural gas and 34.8% NGL in the third quarter of 2024. Total MBoe production for the nine months ended September 30, 2025 was co…
Three Months Ended September 30,Nine Months Ended September 30,
Three Months Ended September 30,Nine Months Ended September 30,
Three Months Ended September 30, 2025Nine Months Ended September 30, 2025
Three Months Ended September 30,Nine Months Ended September 30,
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-05-07
Settlement gains (losses) on derivative contracts$130 $(159)
Text removed vs the prior filing · source: 10-Q · 2025-11-06
Three Months Ended September 30,Nine Months Ended September 30,
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice