Energy royalty trusts lose public stock listing

Two publicly traded trusts holding SandRidge Energy Inc.’s (NYSE: SD) royalty interests are being delisting from their stock exchange.

The New York Stock Exchange suspended trade on shares of SandRidge Mississippian Trusts I and II (NYSE: SDT and STR) this month, according to filings with the U.S. Securities and Exchange Commission. Both companies’ stock fell below $1 per share for 30-day periods ending in May, and they did not fix the issue within the 180-day window to do so.

SandRidge Trusts…


more energy news

Send Us A Message