Press coverage about SandRidge Mississippian Trust II (NYSE:SDR) has trended somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. SandRidge Mississippian Trust II earned a news impact score of 0.15 on Accern’s scale. Accern also assigned press coverage about the oil and gas producer an impact score of 45.4511420933869 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:
Shares of SandRidge Mississippian Trust II traded up $0.08, reaching $1.73, during mid-day trading on Friday, according to MarketBeat.com. The company’s stock had a trading volume of 2,201 shares, compared to its average volume of 604,525. SandRidge Mississippian Trust II has a 12-month low of $0.74 and a 12-month high of $1.79. The company has a market cap of $87.02 million, a P/E ratio of 7.29 and a beta of 1.13.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 25th. Stockholders of record on Friday, May 11th were issued a $0.055 dividend. The ex-dividend date was Thursday, May 10th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 12.72%.
Separately, ValuEngine upgraded SandRidge Mississippian Trust II from a “hold” rating to a “buy” rating in a report on Friday, March 23rd.
About SandRidge Mississippian Trust II
SandRidge Mississippian Trust II holds royalty interests in oil and natural gas properties. The company's properties are located in the Mississippian formation in Alfalfa, Grant, Kay, Noble, and Woods counties in northern Oklahoma and Barber, Comanche, Harper, and Sumner counties in southern Kansas.
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