About SandRidge Mississippian Trust II (NYSE:SDR)
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: Oil & Gas Exploration and Production
- Sub-Industry: N/A
- Symbol: NYSE:SDR
- CUSIP: N/A
- Web: www.sandridgeenergy.com
Capitalization:- Market Cap: $66.63 million
- Outstanding Shares: 49,724,000
Average Prices:- 50 Day Moving Avg: $1.33
- 200 Day Moving Avg: $1.41
- 52 Week Range: $1.28 - $1.79
P/E:- Trailing P/E Ratio: 5.434
- P/E Growth: 0.000
Sales & Book Value:- Annual Revenue: $15.52 million
- Price / Sales: 4.21
- Book Value: $0.99 per share
- Price / Book: 1.33
Dividend:- Annual Dividend: $0.20
- Dividend Yield: 14.9%
Profitability:- Net Margins: 74.71%
- Return on Equity: 13.88%
- Return on Assets: 13.88%
Misc:- Average Volume: 108,745 shs.
- Beta: 1.02
- Short Ratio: 0.81
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, July 28th. Shareholders of record on Friday, August 11th will be paid a dividend of $0.05 per share on Friday, August 25th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 15.21%. The ex-dividend date of this dividend is Wednesday, August 9th. View SandRidge Mississippian Trust II's Dividend History.
How were SandRidge Mississippian Trust II's earnings last quarter?
SandRidge Mississippian Trust II (NYSE:SDR) issued its earnings results on Friday, November, 7th. The company reported $0.48 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.39 by $0.09. The firm had revenue of $19.53 million for the quarter, compared to analyst estimates of $16.12 million. SandRidge Mississippian Trust II had a net margin of 74.71% and a return on equity of 13.88%. View SandRidge Mississippian Trust II's Earnings History.
When will SandRidge Mississippian Trust II make its next earnings announcement?
Who are some of SandRidge Mississippian Trust II's key competitors?
Some companies that are related to SandRidge Mississippian Trust II include Aminex plc (AEX), UK Oil & Gas Investments PLC (UKOG), Pantheon Resources Plc (PANR), Jones Energy (JONE), Bellatrix Exploration Ltd (BXE), LRR Energy LP (LRE), Contango Oil & Gas Company (MCF), Transglobe Energy Corp (TGA), President Energy PLC (PPC), Legacy Reserves LP (LGCY), Rockhopper Exploration Plc (RKH), BowLeven PLC (BLVN), Lekoil Ltd (LEK), Savannah Petroleum PLC (SAVP), Chesapeake Granite Wash Trust (CHKR), Serica Energy Plc (SQZ), Victoria Oil & Gas plc (VOG) and Comstock Resources (CRK).
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.
What is SandRidge Mississippian Trust II's stock price today?
One share of SandRidge Mississippian Trust II stock can currently be purchased for approximately $1.32.
MarketBeat Community Rating for SandRidge Mississippian Trust II (NYSE SDR)MarketBeat's community ratings are surveys of what our community members think about SandRidge Mississippian Trust II and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for SandRidge Mississippian Trust II (NYSE:SDR) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Consensus Price Target History for SandRidge Mississippian Trust II (NYSE:SDR)
Analysts' Ratings History for SandRidge Mississippian Trust II (NYSE:SDR)
Show:
| 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 |  |
(Data available from 10/20/2015 forward)
Earnings History for SandRidge Mississippian Trust II (NYSE:SDR)Earnings History by Quarter for SandRidge Mississippian Trust II (NYSE SDR)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/6/2017 | | | | | | | | |
| 11/7/2014 | | $0.39 | $0.48 | $16.12 million | $19.53 million | View | N/A | |
| 4/24/2014 | | $0.58 | $0.56 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for SandRidge Mississippian Trust II (NYSE:SDR)No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for SandRidge Mississippian Trust II (NYSE:SDR)| Most Recent Dividend: | 8/25/2017 |
| Annual Dividend: | $0.20 |
| Dividend Yield: | 15.21% |
| Dividend Growth: | -44.50% (3 Year Average) |
| Payout Ratio: | 83.34% (Trailing 12 Months of Earnings)
|
Dividend History by Quarter for SandRidge Mississippian Trust II (NYSE SDR)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 7/28/2017 | quarterly | $0.05 | 13.79% | 8/9/2017 | 8/11/2017 | 8/25/2017 |
| 4/28/2017 | quarterly | $0.07 | 18.4% | 5/10/2017 | 5/12/2017 | 5/26/2017 |
| 1/27/2017 | quarterly | $0.06 | 14.59% | 2/8/2017 | 2/10/2017 | 2/24/2017 |
| 10/28/2016 | Quarterly | $0.06 | | 11/8/2016 | 11/11/2016 | 11/25/2016 |
| 7/29/2016 | Quarterly | $0.05 | | 8/10/2016 | 8/12/2016 | 8/26/2016 |
| 4/29/2016 | Quarterly | $0.10 | | 5/11/2016 | 5/13/2016 | 5/27/2016 |
| 1/29/2016 | Quarterly | $0.18 | | 2/10/2016 | 2/12/2016 | 2/26/2016 |
| 10/30/2015 | Quarterly | $0.22 | | 11/10/2015 | 11/13/2015 | 11/27/2015 |
| 5/4/2015 | quarterly | $0.29 | 23.25% | 5/13/2015 | 5/15/2015 | 5/29/2015 |
| 1/30/2015 | quarterly | $0.38 | 33.33% | 2/11/2015 | 2/13/2015 | 2/27/2015 |
| 10/31/2014 | quarterly | $0.40 | 30% | 11/12/2014 | 11/14/2014 | 11/28/2014 |
| 7/31/2014 | quarterly | $0.49 | 24.45% | 8/12/2014 | 8/14/2014 | 8/29/2014 |
| 4/24/2014 | quarterly | $0.56 | 27.67% | 5/13/2014 | 5/15/2014 | 5/30/2014 |
| 1/30/2014 | quarterly | $0.57 | 24.33% | 2/12/2014 | 2/14/2014 | 2/28/2014 |
| 10/24/2013 | quarterly | $0.54 | 17.6% | 11/12/2013 | 11/14/2013 | 11/29/2013 |
| 7/25/2013 | quarterly | $0.68 | 18.61% | 8/12/2013 | 8/14/2013 | 8/29/2013 |
| 4/26/2013 | quarterly | $0.56 | 19.09% | 5/13/2013 | 5/15/2013 | 5/30/2013 |
| 2/1/2013 | quarterly | $0.53 | 13.17% | 2/12/2013 | 2/14/2013 | 3/1/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for SandRidge Mississippian Trust II (NYSE:SDR)Institutional Ownership Percentage: 0.86%
Insider Trades by Quarter for SandRidge Mississippian Trust II (NYSE:SDR)| 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 | |
(Data available from 1/1/2013 forward)
Headline Trends for SandRidge Mississippian Trust II (NYSE:SDR)
Latest Headlines for SandRidge Mississippian Trust II (NYSE:SDR)
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SandRidge Mississippian Trust II (SDR) Chart for Friday, October, 20, 2017
