SandRidge Mississippian Trust II is a statutory trust. The royalty interests conveyed by SandRidge Energy, Inc. (SandRidge) from its interests in certain properties in the Mississippian formation in northern Oklahoma and southern Kansas and held by the Trust are referred to as the Royalty Interests. The Trust holds Royalty Interests in specified oil and natural gas properties. The Royalty Interests entitle the Trust to receive approximately 80% of the proceeds from the sale of oil, natural gas and natural gas liquids (NGLs) production attributable to SandRidge's net revenue interest in approximately 50 wells producing and over 10 additional wells awaiting (together, the Initial Wells), and over 70% of the proceeds from the sale of oil, natural gas and NGL production attributable to SandRidge's net revenue interest in approximately 200 horizontal oil and natural gas development wells drilled (the Trust Development Wells) within an area of mutual interest (AMI).
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Independent Oil & Gas
- Sub-Industry: N/A
- Symbol: NYSE:SDR
- CUSIP: N/A
- Web: www.sandridgeenergy.com
- Market Cap: $71.11 million
- Outstanding Shares: 49,724,000
- 50 Day Moving Avg: $1.48
- 200 Day Moving Avg: $1.47
- 52 Week Range: $1.31 - $1.94
Sales & Book Value:
- Trailing P/E Ratio: 5.74
- Foreward P/E Ratio: 0.77
- P/E Growth: 0.00
- Annual Revenue: $14.77 million
- Price / Sales: 4.81
- Book Value: $1.02 per share
- Price / Book: 1.40
- Annual Dividend: $0.25
- Dividend Yield: 16.6%
- Net Margins: 51.51%
- Return on Equity: 10.25%
- Return on Assets: 10.25%
- Average Volume: 153,100 shs.
- Beta: 1.04
- Short Ratio: 0.61
Frequently Asked Questions for SandRidge Mississippian Trust II (NYSE:SDR)
What is SandRidge Mississippian Trust II's stock symbol?
SandRidge Mississippian Trust II trades on the New York Stock Exchange (NYSE) under the ticker symbol "SDR."
How often does SandRidge Mississippian Trust II pay dividends? What is the dividend yield for SandRidge Mississippian Trust II?
SandRidge Mississippian Trust II declared a quarterly dividend on Friday, April 28th. Stockholders of record on Friday, May 12th will be paid a dividend of $0.069 per share on Friday, May 26th. This represents a $0.28 annualized dividend and a dividend yield of 19.30%. The ex-dividend date of this dividend is Wednesday, May 10th. This is a boost from SandRidge Mississippian Trust II's previous quarterly dividend of $0.06. View SandRidge Mississippian Trust II's Dividend History.
How were SandRidge Mississippian Trust II's earnings last quarter?
SandRidge Mississippian Trust II (NYSE:SDR) announced its earnings results on Friday, November, 7th. The company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.09. The firm had revenue of $19.53 million for the quarter, compared to analysts' expectations of $16.12 million. SandRidge Mississippian Trust II had a net margin of 51.51% and a return on equity of 10.25%. View SandRidge Mississippian Trust II's Earnings History.
Who are some of SandRidge Mississippian Trust II's key competitors?
Some companies that are related to SandRidge Mississippian Trust II include LRR Energy LP (LRE), Chesapeake Granite Wash Trust (CHKR), Cobalt International Energy (CIE), Goodrich Petroleum Corp (GDP), Enduro Royalty Trust (NDRO), Comstock Resources (CRK), EXCO Resources (XCO), Pacific Coast Oil Trust (ROYT), VOC Energy Trust (VOC), MV Oil Trust (MVO), Mid-Con Energy Partners LP (MCEP), VAALCO Energy (EGY), Petroquest Energy (PQ), Sandridge Mississippian Trust I (SDT), Houston American Energy (HUSA), Enservco Corp (ENSV), Whiting USA Trust II (WHZ) and Penn Virginia (PVA).
Who owns SandRidge Mississippian Trust II stock?
Who sold SandRidge Mississippian Trust II stock? Who is selling SandRidge Mississippian Trust II stock?
How do I buy SandRidge Mississippian Trust II stock?
Shares of SandRidge Mississippian Trust II can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of SandRidge Mississippian Trust II stock cost?
One share of SandRidge Mississippian Trust II stock can currently be purchased for approximately $1.43.
Consensus Ratings for SandRidge Mississippian Trust II (NYSE:SDR) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|
Analysts' Ratings History for SandRidge Mississippian Trust II (NYSE:SDR)
(Data available from 5/26/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|3/14/2016||Morgan Stanley||Lower Price Target||$3,175.00 -> $2,890.00||N/A|
Earnings History for SandRidge Mississippian Trust II (NYSE:SDR)Earnings History by Quarter for SandRidge Mississippian Trust II (NYSE:SDR)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/7/2014||$0.39||$0.48||$16.12 million||$19.53 million||View||N/A|
Earnings Estimates for SandRidge Mississippian Trust II (NYSE:SDR)
Current Year EPS Consensus Estimate: $2.35 EPS
Next Year EPS Consensus Estimate: $1.85 EPS
Current Dividend Information for SandRidge Mississippian Trust II (NYSE:SDR)
|Dividend Growth:||-44.50% (3 Year Average)|
|Payout Ratio:||75.76% (Trailing 12 Months of Earnings) |
10.64% (Based on This Year's Estimates)
13.51% (Based on Next Year's Estimates)
Dividend History by Quarter for SandRidge Mississippian Trust II (NYSE:SDR)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for SandRidge Mississippian Trust II (NYSE:SDR)
Institutional Ownership Percentage: 5.19%Insider Trades by Quarter for SandRidge Mississippian Trust II (NYSE:SDR)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/10/2013||Sandridge Energy Inc||Major Shareholder||Sell||1,150,000||$12.65||$14,547,500.00|| |
Headline Trends for SandRidge Mississippian Trust II (NYSE:SDR)
Latest Headlines for SandRidge Mississippian Trust II (NYSE:SDR)
SandRidge Mississippian Trust II (SDR) Chart for Friday, May, 26, 2017