SDTTU (SandRidge Mississippian Trust I) 3-Month Share Buyback Ratio: 0.00% (As of Jun. 2021 )

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SDTTU SandRidge Mississippian Trust I SDTTU
12 GF Score
Price $0.19
View Full Analysis

What is SandRidge Mississippian Trust I 3-Month Share Buyback Ratio?

SandRidge Mississippian Trust I SDTTU 12 3-Month Share Buyback Ratio is 0.00 as of Jun. 2021. GuruFocus rates SDTTU with a GF Score™ of 12/100.

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. SandRidge Mississippian Trust I's current 3-Month Share Buyback Ratio was 0.00%.

SandRidge Mississippian Trust I  (OTCPK:SDTTU) 3-Month Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.

Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.

SandRidge Mississippian Trust I 3-Month Share Buyback Ratio Related Terms

SDTTU vs FECOF, MMEX, DBRM: 3-Month Share Buyback Ratio Comparison

For the Oil & Gas E&P subindustry, SandRidge Mississippian Trust I's 3-Month Share Buyback Ratio, along with its competitors' market caps and 3-Month Share Buyback Ratio 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 3-Month Share Buyback Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, SandRidge Mississippian Trust I's 3-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where SandRidge Mississippian Trust I's 3-Month Share Buyback Ratio falls into.


SDTTU
12GF Score
SandRidge Mississippian Trust I SDTTU
3-Month Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SandRidge Mississippian Trust I 3-Month Share Buyback Ratio Calculation

SandRidge Mississippian Trust I's 3-Month Share Buyback Ratio for the quarter that ended in Jun. 2021 is calculated as

3-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Mar. 2021 ) - Shares Outstanding (EOP) (Jun. 2021 )) / Shares Outstanding (EOP) (Mar. 2021 )
=(28.000 - 28.000) / 28.000
=0.00%

* 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.

What does a 3-Month Share Buyback Ratio of 0.00 mean?
SandRidge Mississippian Trust I (SDTTU) has a 3-Month Share Buyback Ratio of 0.00 as of Jun. 2021. The 3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. View historical data for SandRidge Mississippian Trust I and its competitors.
Is SandRidge Mississippian Trust I's 3-Month Share Buyback Ratio too high?
SandRidge Mississippian Trust I's current 3-Month Share Buyback Ratio is 0.00. 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 3-Month Share Buyback Ratio compare to FECOF and MMEX?
SandRidge Mississippian Trust I's 3-Month Share Buyback Ratio of 0.00 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Month Share Buyback Ratio for an Oil & Gas company?
A good 3-Month Share Buyback Ratio depends on the Oil & Gas industry context. However, 3-Month Share Buyback Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Month Share Buyback Ratio mean?
A high 3-Month Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. View historical data for SandRidge Mississippian Trust I and its competitors. SandRidge Mississippian Trust I's current 3-Month Share Buyback Ratio is 0.00. 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 3-Month Share Buyback Ratio of 0.00. The current 3-Month Share Buyback Ratio is 0.00. 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 3-Month Share Buyback Ratio calculated?
3-Month Share Buyback Ratio is calculated from a company's financial statements. For SandRidge Mississippian Trust I (SDTTU), the current 3-Month Share Buyback Ratio is 0.00 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.
12GF Score

Get the complete analysis for SDTTU

3-Month Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.19
Price