+ Watch SDT
on My Watchlist
This stock has taken a huge beating, Oil wells arent' performing great. Still at .50 Dividends, even if it got cut in half, you're still getting a great value investment. The Book value is 9.62, so this is extremely underpriced for those of us who dont' follow the scare crowd :)
Simply the trust does not acquire more oil rights and appears to have passed peak oil for the properties it receives royalties from. Sure oil prices can go up, but many better investments benefit from that. Eventually it will have no value at all.
They are improving their performance in production from their wells, and have a good record on locking in high prices, such as in the last month or so, through smart hedging. therefor, the dividend which has been > 18%, will NOT be much below that. The stock was recently sold off and shorted on anticipation of a significant reduction in dividends, which is why I have added to my position and bought November 1250 calls a couple at a time and am now selling on at a time as the price rises with time as the MLP's dividend begins to appear safe.
I would like to know how SDT will do in the next 5years
some is not right with this company they should be at 28.00 a share
I like the high yeild and the regional aspect. Has delivered strong results since it opened.
If the cash flow is too low to make the 80% target distributions, SD's subordinated shares have to make up the difference to common shareholders. If cash flow exceeds the 120% target, SD pockets 50% of the extra cash. Its a huge incentive for the company to produce results and helps shield investors from risk. Seems like an easy call.
Mississipian Trust ready for exploitation, drilling horizontals in traditional reservoir for higher payout. Only 43 out of 159 locations producing. Dividend WILL go higher as these other locations are drilled. Plus this is a leveraged play on the price of oil, which is most definitely going higher from here.
Simply takes the cash from oil wells. Yielding 7% at the mo. This yield is surely unsustainably high and will be brought down by an increase in the SP
(1) Energy. (2) Small company. (3) Currently has 37 producing wells, with plans for 123 more. Increasing wells over time translates to increasing cash flow & royalty payouts, and seriously mitigates the possible hit to revenue per well due to potential decline in oil price.
Will be a good income investment
Royalty stock, enjoy the dividend until the oils drains off from the wells and this stock becomes of no value. But it will take some time for it to happen.
underpriced & high dividend
Expect to receive nearly half my cost in dividend payments during next 5 years.
lets hope the drilling goes without too many problems, nice "structured dividend" , nice small long-term add to my portfolio
Trading at discount to peers based on guaranteed dividend payout.
This is a sure dividend machine. More wells will mean more dividends.
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