Sandridge Mississippian Trust (SDT)

[Pamoo]

Why the downgrade?

Isn't that already reflected in the reduction of the stock price over the last 6 mo? From over $20 to about $13.50. Has the production dropped 35% in that time? If it hasn't, can someone explain to me Oppenheimer’s rational for this down grade or am I just suppose to except the headline and assume that the analyst got it correct? Current dividend of .59 is annualized at 17%. The same analyst’s have much better ratings for Trusts with half the dividend rate. So, why has this stock been downgraded? It would appear that the TRUST is being punished for SD corporate situation. When in reality there is a hugh disconnect between that and the committed production from a certain group of wells that make up the trusts revenue.