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
Trailing P/E Ratio3.825
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$20.41 million
Price / Sales2.24
Cash Flow$0.32 per share
Price / Cash2.87
Book Value$2.45 per share
Price / Book0.37
Net Income$16.09 million
Return on Equity17.64%
Return on Assets17.64%
SandRidge Mississippian Trust II (NYSE:SDR) Frequently Asked Questions
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, January 26th. Shareholders of record on Friday, February 9th will be given a dividend of $0.058 per share on Friday, February 23rd. This represents a $0.23 annualized dividend and a yield of 25.27%. The ex-dividend date is Thursday, February 8th. This is a boost from SandRidge Mississippian Trust II's previous quarterly dividend of $0.05. 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 quarterly earnings data on Friday, November, 7th. The oil and gas producer reported $0.48 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.39 by $0.09. The oil and gas producer earned $19.53 million during the quarter, compared to the consensus estimate of $16.12 million. SandRidge Mississippian Trust II had a net margin of 74.18% and a return on equity of 17.64%. 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 MV Oil Trust (MVO), Pacific Coast Oil Trust (ROYT), Lonestar Resources US (LONE), VOC Energy Trust (VOC), Cypress Energy Partners (CELP), Chesapeake Granite Wash Trust (CHKR), Sundance Energy Australia (SNDE), Sundance Energy Australia (SDCJF), VAALCO Energy (EGY), Bellatrix Exploration (BXE), Mid-Con Energy Partners (MCEP), Eca Marcellus Trust I (ECT), Wentworth Resource (WENTF), Petroquest Energy (PQ), Sandridge Mississippian Trust I (SDT), Black Ridge Oil & Gas (ANFC), Rex Energy (REXX) and EV Energy Partners (EVEP).
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 with access to the U.S. stock market 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 $0.92.
How big of a company is SandRidge Mississippian Trust II?
SandRidge Mississippian Trust II has a market capitalization of $46.27 million and generates $20.41 million in revenue each year. The oil and gas producer earns $16.09 million in net income (profit) each year or $0.24 on an earnings per share basis.
How can I contact SandRidge Mississippian Trust II?
SandRidge Mississippian Trust II's mailing address is 919 CONGRESS AVENUE SUITE 500, AUSTIN TX, 78701. The oil and gas producer can be reached via phone at 512-236-6555 or via email at [email protected]
MarketBeat Community Rating for SandRidge Mississippian Trust II (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.
SandRidge Mississippian Trust II (NYSE:SDR) Analyst Ratings History
No equities research coverage for this company has been tracked by MarketBeat
SandRidge Mississippian Trust II (NYSE:SDR) Earnings History and Estimates Chart
SandRidge Mississippian Trust II (NYSE SDR) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/7/2017||Q3 2017||$0.05||$3.50 million||View||N/A|
|8/8/2017||Q2 2017||$0.07||$4.50 million||View||N/A|
|5/10/2017||Q1 2017||$0.06||$4.14 million||View||N/A|
|3/16/2017||Q4 2016||$0.06||$3.91 million||View||N/A|
|11/7/2016||Q3 2016||$0.05||$3.59 million||View||N/A|
|8/9/2016||Q2 2016||$0.10||$4.88 million||View||N/A|
|5/10/2016||Q1 2016||$0.18||$8.04 million||View||N/A|
|11/6/2015||Q3 2015||$0.15||$0.25||$7.51 million||$10.61 million||View||N/A|
|7/30/2015||Q2 2015||$0.20||$0.25||$7.72 million||$10.61 million||View||N/A|
|5/11/2015||Q1 2015||$0.17||$0.40||$8.92 million||$16.16 million||View||N/A|
|11/7/2014||$0.39||$0.48||$16.12 million||$19.53 million||View||N/A|
|7/31/2014||Q2 2014||$0.49||$21.36 million||$20.08 million||View||N/A|
SandRidge Mississippian Trust II (NYSE:SDR) Earnings Estimates
No earnings estimates for this company have been tracked by MarketBeat.com
SandRidge Mississippian Trust II (NYSE:SDR) Dividend Information
|Most Recent Dividend:||2/23/2018|
|Dividend Growth:||-51.30% (3 Year Average)|
|Payout Ratio:||95.83% (Trailing 12 Months of Earnings) |
SandRidge Mississippian Trust II (NYSE:SDR) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
SandRidge Mississippian Trust II (NYSE SDR) Insider Trading and Institutional Ownership History
Institutional Ownership Percentage: 1.01%
SandRidge Mississippian Trust II (NYSE SDR) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|9/10/2013||Sandridge Energy Inc||Major Shareholder||Sell||1,150,000||$12.65||$14,547,500.00|| |
SandRidge Mississippian Trust II (NYSE SDR) News Headlines
SandRidge Mississippian Trust II (NYSE:SDR) SEC Filings
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SandRidge Mississippian Trust II (NYSE:SDR) Income Statement, Balance Sheet and Cash Flow Statement
SandRidge Mississippian Trust II (NYSE SDR) Stock Chart for Saturday, March, 17, 2018