SandRidge Mississippian Trust I (SDT) Receiving Somewhat Positive Media Coverage, Report Shows
Headlines about SandRidge Mississippian Trust I (NYSE:SDT) have been trending somewhat positive on Thursday, according to Accern. The research firm identifies positive and negative news coverage by reviewing 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 closest to one being the most favorable. SandRidge Mississippian Trust I earned a news sentiment score of 0.02 on Accern’s scale. Accern also gave news articles about the oil and gas producer an impact score of 44.8079754939175 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Shares of SandRidge Mississippian Trust I (SDT) traded up $0.06 during trading on Thursday, reaching $0.95. 185,223 shares of the company’s stock were exchanged, compared to its average volume of 186,797. SandRidge Mississippian Trust I has a 1 year low of $0.73 and a 1 year high of $1.85. The firm has a market capitalization of $26.60, a price-to-earnings ratio of 4.13 and a beta of 0.75.
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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