Somewhat Favorable Press Coverage Somewhat Unlikely to Affect SandRidge Mississippian Trust I (SDT) Stock Price
News stories about SandRidge Mississippian Trust I (NYSE:SDT) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. SandRidge Mississippian Trust I earned a coverage optimism score of 0.02 on Accern’s scale. Accern also gave media stories about the oil and gas producer an impact score of 47.0934012367374 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Shares of SandRidge Mississippian Trust I (NYSE SDT) traded down 0.76% on Friday, reaching $1.31. The company’s stock had a trading volume of 50,469 shares. SandRidge Mississippian Trust I has a 52-week low of $1.20 and a 52-week high of $1.85. The firm has a 50 day moving average of $1.39 and a 200 day moving average of $1.45. The company has a market cap of $36.68 million, a PE ratio of 5.95 and a beta of 0.86.
SandRidge Mississippian Trust I (NYSE:SDT) last issued its quarterly earnings data on Tuesday, August 8th. The oil and gas producer reported $0.07 earnings per share for the quarter. SandRidge Mississippian Trust I had a net margin of 67.62% and a return on equity of 19.15%. The company had revenue of $2.72 million for the quarter. Analysts predict that SandRidge Mississippian Trust I will post $2.16 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Friday, August 25th. Investors of record on Friday, August 11th were issued a $0.0482 dividend. The ex-dividend date of this dividend was Wednesday, August 9th. This represents a $0.19 annualized dividend and a yield of 14.72%. SandRidge Mississippian Trust I’s payout ratio is 90.48%.
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SandRidge Mississippian Trust I Company Profile
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.
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