SDTTU (SandRidge Mississippian Trust I) Gross Margin %: 96.82% (As of Jun. 2021)


SDTTU SandRidge Mississippian Trust I SDTTU
12 GF Score
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What is SandRidge Mississippian Trust I Gross Margin %?

SandRidge Mississippian Trust I SDTTU 12 Gross Margin % is 96.82% as of Jun. 2021. GuruFocus rates SDTTU with a GF Score™ of 12/100.

Gross Margin % is calculated as gross profit divided by its revenue. SandRidge Mississippian Trust I's Gross Profit for the three months ended in Jun. 2021 was $5.54 Mil. SandRidge Mississippian Trust I's Revenue for the three months ended in Jun. 2021 was $5.73 Mil. Therefore, SandRidge Mississippian Trust I's Gross Margin % for the quarter that ended in Jun. 2021 was 96.82%.


The historical rank and industry rank for SandRidge Mississippian Trust I's Gross Margin % or its related term are showing as below:


SDTTU's Gross Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 25.535
* Ranked among companies with meaningful Gross Margin % only.

SandRidge Mississippian Trust I had a gross margin of 96.82% for the quarter that ended in Jun. 2021 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for SandRidge Mississippian Trust I was 0.00% per year.


SandRidge Mississippian Trust I  (OTCPK:SDTTU) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

SandRidge Mississippian Trust I had a gross margin of 96.82% for the quarter that ended in Jun. 2021 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


SandRidge Mississippian Trust I Gross Margin % Related Terms


SandRidge Mississippian Trust I Gross Margin % Historical Data

* Premium members only.

The historical data trend for SandRidge Mississippian Trust I's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SandRidge Mississippian Trust I Gross Margin % Chart

SandRidge Mississippian Trust I Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.28 84.17 82.23 80.21 73.50

SandRidge Mississippian Trust I Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 76.71 60.54 71.08 76.50 96.82

SDTTU vs FECOF, MMEX, DBRM: Gross Margin % Comparison

For the Oil & Gas E&P subindustry, SandRidge Mississippian Trust I's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SandRidge Mississippian Trust I Gross Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, SandRidge Mississippian Trust I's Gross Margin % distribution charts can be found below:

* The bar in red indicates where SandRidge Mississippian Trust I's Gross Margin % falls into.


SDTTU
12GF Score
SandRidge Mississippian Trust I SDTTU
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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SandRidge Mississippian Trust I Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

SandRidge Mississippian Trust I's Gross Margin for the fiscal year that ended in Dec. 2020 is calculated as

Gross Margin % (A: Dec. 2020 )=Gross Profit (A: Dec. 2020 ) / Revenue (A: Dec. 2020 )
=2.4 / 3.272
=(Revenue - Cost of Goods Sold) / Revenue
=(3.272 - 0.867) / 3.272
=73.50 %

SandRidge Mississippian Trust I's Gross Margin for the quarter that ended in Jun. 2021 is calculated as


Gross Margin % (Q: Jun. 2021 )=Gross Profit (Q: Jun. 2021 ) / Revenue (Q: Jun. 2021 )
=5.5 / 5.725
=(Revenue - Cost of Goods Sold) / Revenue
=(5.725 - 0.182) / 5.725
=96.82 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 96.82% mean?
SandRidge Mississippian Trust I (SDTTU) has a Gross Margin % of 96.82% as of Jun. 2021. Gross margin is the ratio of total gross profit to net sales. View historical data on SandRidge Mississippian Trust I and its competitors.
Is SandRidge Mississippian Trust I's Gross Margin % too high?
SandRidge Mississippian Trust I's current Gross Margin % is 96.82%. The Oil & Gas industry median Gross Margin % is 25.54. SandRidge Mississippian Trust I's value of 96.82% is 279.2% above this industry median. Overall, SandRidge Mississippian Trust I has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does SandRidge Mississippian Trust I's Gross Margin % compare to FECOF and MMEX?
SandRidge Mississippian Trust I's Gross Margin % of 96.82% can be compared against companies in the Oil & Gas industry. The industry median Gross Margin % is 25.54. SandRidge Mississippian Trust I's value of 96.82% is 279.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 25.54, based on 872 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SandRidge Mississippian Trust I's current Gross Margin % of 96.82% is 279.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on SandRidge Mississippian Trust I and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SandRidge Mississippian Trust I's current Gross Margin % is 96.82%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SandRidge Mississippian Trust I stock overvalued right now?
SandRidge Mississippian Trust I (SDTTU) has a current Gross Margin % of 96.82%. The current Gross Margin % is 96.82% and 279.2% above the Oil & Gas industry median of 25.54. SandRidge Mississippian Trust I's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For SandRidge Mississippian Trust I (SDTTU), the current Gross Margin % is 96.82% as of Jun. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SandRidge Mississippian Trust I Business Description

Industry EnergyOil & Gas
Address 601 Travis Street, 16th Floor, Houston, TX, USA, 77002
SandRidge Mississippian Trust I is a statutory trust which 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 royalty interests entitle the Trust to receive most of the proceeds from the sale of oil, natural gas, and natural gas liquids.
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