SandRidge Mississippian Trust I (SDT) IPO Ramps Higher
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Today's IPO for SandRidge Mississippian Trust (NYSE: SDT) is continuing higher. After pricing at $21 per share and opening at $21.75, shares are now up 18 percent to $24.80.
SandRidge Mississippian Trust I is a Delaware statutory trust formed by SandRidge Energy, Inc. to own certain royalty interests in oil and natural gas wells in northern Oklahoma producing from the Mississippian formation.
SandRidge Mississippian Trust I is a Delaware statutory trust formed by SandRidge Energy, Inc. to own certain royalty interests in oil and natural gas wells in northern Oklahoma producing from the Mississippian formation.
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