NYSE:SDT

Stock Analysis Report

SandRidge Mississippian Trust I

Executive Summary

SandRidge Mississippian Trust I, a statutory trust, holds royalty interests in specified oil and natural gas properties located in the Mississippian formation in Alfalfa, Garfield, Grant, and Woods counties in Oklahoma.

Snowflake

Share Price & News

How has SandRidge Mississippian Trust I's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-6.6%

SDT

0.8%

US Oil and Gas

0.6%

US Market


1 Year Return

-61.0%

SDT

-21.8%

US Oil and Gas

6.2%

US Market

Return vs Industry: SDT underperformed the US Oil and Gas industry which returned -21.8% over the past year.

Return vs Market: SDT underperformed the US Market which returned 6.2% over the past year.


Share holder returns

SDTIndustryMarket
7 Day-6.6%0.8%0.6%
30 Day-15.0%-3.2%-1.8%
90 Day-25.4%-9.9%-2.0%
1 Year-54.2%-61.0%-18.9%-21.8%8.6%6.2%
3 Year-49.4%-68.2%-6.1%-14.4%45.7%36.3%
5 Year-67.0%-88.2%-21.2%-32.1%68.5%50.0%

Price Volatility Vs. Market

How volatile is SandRidge Mississippian Trust I's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is SandRidge Mississippian Trust I undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Undervalued: SDT ($0.48) is trading below our estimate of fair value ($2.58)

Significantly Undervalued: SDT is trading below fair value by more than 20%.


Price Based on Earnings

PE vs Industry: SDT is good value based on its PE Ratio (2.7x) compared to the Oil and Gas industry average (9.9x).

PE vs Market: SDT is good value based on its PE Ratio (2.7x) compared to the US market (17.5x).


Price Based on Expected Growth

Low PEG Ratio: Insufficient data to calculate SDT's PEG Ratio to determine if it is good value.


Price Based on Value of Assets

PB vs Industry: SDT is good value based on its PB Ratio (0.5x) compared to the US Oil and Gas industry average (0.9x).

Future Growth

How is SandRidge Mississippian Trust I expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.7%

Forecasted Energy industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as SandRidge Mississippian Trust I has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has SandRidge Mississippian Trust I performed over the past 5 years?

-45.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: SDT's earnings have declined by -45.5% per year over the past 5 years.

Accelerating Growth: SDT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SDT had negative earnings growth (-5.7%) over the past year, making it difficult to compare to the Oil and Gas industry average (22.6%).


Return on Equity

High ROE: SDT's Return on Equity (19.1%) is considered low.


Return on Assets

ROA vs Industry: SDT has a higher Return on Assets than the Oil and Gas industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate SDT's Return on Capital Employed to determine if it has improved over the past 3 years.

Financial Health

How is SandRidge Mississippian Trust I's financial position?


Financial Position Analysis

Short Term Liabilities: Insufficient data to determine if SDT's short term assets cover its short term liabilities

Long Term Liabilities: SDT has no long term liabilities


Debt to Equity History and Analysis

Debt Level: SDT is debt free.

Reducing Debt: SDT has not had any debt for past 5 years.

Debt Coverage: SDT has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: SDT has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: SDT has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if SDT's debt is covered by short term assets.

Dividend

What is SandRidge Mississippian Trust I's current dividend yield, its reliability and sustainability?

38.76%

Current Dividend Yield


Dividend Yield vs Market

company38.8%marketbottom25%1.5%markettop25%3.8%industryaverage3.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

Notable Dividend: SDT's dividend (38.76%) is higher than the bottom 25% of dividend payers in the US market (1.46%).

High Dividend: SDT's dividend (38.76%) is in the top 25% of dividend payers in the US market (3.77%)

Stable Dividend: SDT has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: SDT has only been paying a dividend for 8 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (86.5%), SDT's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Management

What is the CEO of SandRidge Mississippian Trust I's salary, the management and board of directors tenure and is there insider trading?


CEO

SandRidge Mississippian Trust I has no CEO, or we have no data on them.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team


    Board Members

      Company Information

      SandRidge Mississippian Trust I's company bio, employee growth, exchange listings and data sources


      Key Information

      • Name: SandRidge Mississippian Trust I
      • Ticker: SDT
      • Exchange: NYSE
      • Founded: 2010
      • Industry: Oil and Gas Exploration and Production
      • Sector: Energy
      • Market Cap: US$13.337m
      • Shares outstanding: 28.00m
      • Website: https://null

      Location

      • SandRidge Mississippian Trust I
      • 601 Travis Street
      • 16th Floor
      • Houston
      • Texas
      • 77002
      • United States

      Listings

      TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
      SDTNYSE (New York Stock Exchange)YesCommon UnitsUSUSDApr 2011

      Biography

      SandRidge Mississippian Trust I, a statutory trust, holds royalty interests in specified oil and natural gas properties located in the Mississippian formation in Alfalfa, Garfield, Grant, and Woods countie ...


      Company Analysis and Financial Data Status

      All financial data provided by Standard & Poor's Capital IQ.
      DataLast Updated (UTC time)
      Company Analysis2019/10/13 01:13
      End of Day Share Price2019/10/11 00:00
      Earnings2019/06/30
      Annual Earnings2018/12/31


      Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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