SandRidge Mississippian Trust I is a statutory trust formed by and among SandRidge Energy, Inc. (SandRidge), The Bank of New York Mellon Trust Company, N.A., and The Corporation Trust Company. Sandridge offers various services to the Company, such as the operation of its development wells; remittance of net proceeds from the sale of associated production to the Company; administrative services, such as accounting, tax preparation, bookkeeping and informational services performed on behalf of the Company, and derivative agreement services related to production. The Company holds Royalty Interests in specified oil and natural gas properties located in the Mississippian formation in Alfalfa, Garfield, Grant and Woods counties in Oklahoma. The Mississippian formation is a carbonate hydrocarbon system located on the Anadarko Shelf. The top of the formation lies stratigraphically between the Pennsylvanian-aged Morrow formation and the Devonian-aged Woodford Shale formation.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Oil & Gas Exploration and Production - NEC
- Sub-Industry: N/A
- Symbol: NYSE:SDT
- CUSIP: N/A
- Web: www.sandridgeenergy.com
- Market Cap: $42 million
- Outstanding Shares: 28,000,000
- 50 Day Moving Avg: $1.43
- 200 Day Moving Avg: $1.50
- 52 Week Range: $1.20 - $2.41
Sales & Book Value:
- Trailing P/E Ratio: 5.03
- P/E Growth: 0.00
- Annual Revenue: $7.89 million
- Price / Sales: 5.15
- Book Value: $1.13 per share
- Price / Book: 1.28
- Annual Dividend: $0.28
- Dividend Yield: 18.6%
- Net Margins: 73.62%
- Return on Equity: 18.58%
- Return on Assets: 18.58%
- Average Volume: 76,798 shs.
- Beta: 0.87
- Short Ratio: 0.28
Frequently Asked Questions for SandRidge Mississippian Trust I (NYSE:SDT)
What is SandRidge Mississippian Trust I's stock symbol?
SandRidge Mississippian Trust I trades on the New York Stock Exchange (NYSE) under the ticker symbol "SDT."
How often does SandRidge Mississippian Trust I pay dividends? What is the dividend yield for SandRidge Mississippian Trust I?
SandRidge Mississippian Trust I announced a quarterly dividend on Friday, April 28th. Stockholders of record on Friday, May 12th will be given a dividend of $0.0697 per share on Friday, May 26th. This represents a $0.28 annualized dividend and a dividend yield of 19.23%. The ex-dividend date is Wednesday, May 10th. This is an increase from SandRidge Mississippian Trust I's previous quarterly dividend of $0.05. View SandRidge Mississippian Trust I's Dividend History.
How were SandRidge Mississippian Trust I's earnings last quarter?
SandRidge Mississippian Trust I (NYSE:SDT) issued its quarterly earnings data on Friday, November, 7th. The company reported $0.36 earnings per share (EPS) for the quarter, hitting the Thomson Reuters' consensus estimate of $0.36. The business had revenue of $8.42 million for the quarter, compared to analysts' expectations of $7.46 million. SandRidge Mississippian Trust I had a net margin of 73.62% and a return on equity of 18.58%. View SandRidge Mississippian Trust I's Earnings History.
Who are some of SandRidge Mississippian Trust I's key competitors?
Some companies that are related to SandRidge Mississippian Trust I include Northern Oil & Gas (NOG), Chesapeake Granite Wash Trust (CHKR), BowLeven PLC (BLVN), SandRidge Mississippian Trust II (SDR), Serica Energy Plc (SQZ), President Energy PLC (PPC), Pacific Coast Oil Trust (ROYT), MV Oil Trust (MVO), Vaalco Energy (EGY), TransAtlantic Petroleum Ltd (TAT), Victoria Oil & Gas plc (VOG), Petroquest Energy (PQ), EXCO Resources NL (XCO), The Parkmead Group plc (PMG), Mid-Con Energy Partners, LP (MCEP), ECA Marcellus Trust I (ECT), Trinity Exploration & Production PLC (TRIN) and Chariot Oil & Gas Limited (CHAR).
How do I buy SandRidge Mississippian Trust I stock?
Shares of SandRidge Mississippian Trust I 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 I's stock price today?
MarketBeat Community Rating for SandRidge Mississippian Trust I (NYSE SDT)MarketBeat's community ratings are surveys of what our community members think about SandRidge Mississippian Trust I 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.
One share of SandRidge Mississippian Trust I stock can currently be purchased for approximately $1.45.
Consensus Ratings for SandRidge Mississippian Trust I (NYSE:SDT) (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|
Analysts' Ratings History for SandRidge Mississippian Trust I (NYSE:SDT)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for SandRidge Mississippian Trust I (NYSE:SDT)Earnings History by Quarter for SandRidge Mississippian Trust I (NYSE SDT)
(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||$0.36||$0.36||$7.46 million||$8.42 million||View||N/A|
|7/31/2014||$0.42||$0.36||$9.83 million||$8.49 million||View||N/A|
|5/9/2014||$0.55||$0.50||$9.91 million||$11.52 million||View||N/A|
Earnings Estimates for SandRidge Mississippian Trust I (NYSE:SDT)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for SandRidge Mississippian Trust I (NYSE:SDT)
|Most Recent Dividend:||5/26/2017|
|Dividend Growth:||-39.50% (3 Year Average)|
|Payout Ratio:||100.00% (Trailing 12 Months of Earnings) |
Dividend History by Quarter for SandRidge Mississippian Trust I (NYSE SDT)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for SandRidge Mississippian Trust I (NYSE:SDT)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for SandRidge Mississippian Trust I (NYSE:SDT)
Latest Headlines for SandRidge Mississippian Trust I (NYSE:SDT)
SandRidge Mississippian Trust I (SDT) Chart for Friday, July, 28, 2017