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SandRidge Mississippian Trust I (SandRidge Mississippian Trust I) Net Margin % : 90.10% (As of Jun. 2021)


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What is SandRidge Mississippian Trust I Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. SandRidge Mississippian Trust I's Net Income for the three months ended in Jun. 2021 was $5.16 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 net margin for the quarter that ended in Jun. 2021 was 90.10%.

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


SDTTU's Net Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 4.03
* Ranked among companies with meaningful Net Margin % only.

SandRidge Mississippian Trust I Net Margin % Historical Data

The historical data trend for SandRidge Mississippian Trust I's Net 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.

* Premium members only.

SandRidge Mississippian Trust I Net Margin % Chart

SandRidge Mississippian Trust I Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 179.11 67.81 63.29 53.67 22.71

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
Net 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 35.52 -17.98 0.16 10.93 90.10

Competitive Comparison of SandRidge Mississippian Trust I's Net Margin %

For the Oil & Gas E&P subindustry, SandRidge Mississippian Trust I's Net Margin %, along with its competitors' market caps and Net 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's Net Margin % Distribution in the Oil & Gas Industry

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

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



SandRidge Mississippian Trust I Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Dec. 2020 )/Revenue (A: Dec. 2020 )
=0.743/3.272
=22.71 %

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

Net Margin=Net Income (Q: Jun. 2021 )/Revenue (Q: Jun. 2021 )
=5.158/5.725
=90.10 %

* 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  (OTCPK:SDTTU) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


SandRidge Mississippian Trust I Net Margin % Related Terms

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SandRidge Mississippian Trust I (SandRidge Mississippian Trust I) Business Description

Traded in Other Exchanges
N/A
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.
Executives
Sandridge Energy Inc 10 percent owner 123 ROBERT S. KERR AVENUE OKLAHOMA CITY OK 73102-6406