About SandRidge Permian Trust
Sandridge Permian Trust (the Trust) is a statutory trust. The Trust holds Royalty Interests in specified oil and natural gas properties in the Permian Basin located in Andrews County, Texas. The Trust's business activities are generally limited to owning the Royalty Interests, and entering into hedging arrangements at the inception of the Trust and activities related thereto, including activities required or permitted by the terms of the conveyances related to the Royalty Interests. The Trust's properties consist of Royalty Interests in the initial wells and over 860 additional wells that are drilled and perforated for completion. The Royalty Interests are in properties located in the greater Fuhrman-Mascho field, a field in Andrews County, Texas that produces oil primarily from the Grayburg/San Andres formation in the Permian Basin. The Permian Basin extends throughout southwestern Texas and southeastern New Mexico over an area approximately 250 miles wide and over 300 miles long.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Independent Oil & Gas
- Sub-Industry: N/A
- Exchange: NYSE
- Symbol: PER
- Previous Close: $3.20
- 50 Day Moving Average: $3.27
- 200 Day Moving Average: $2.96
- 52-Week Range: $52,500,000.00 - $2.20
- Trailing P/E Ratio: 5.37
- Foreward P/E Ratio: 8.42
- P/E Growth: 0.00
- Market Cap: $168.00M
- Outstanding Shares: 52,500,000
- Beta: 0.87
Companies Related to SandRidge Permian Trust:
- Net Margins: 84.68%
- Return on Equity: 18.82%
- Return on Assets: 18.82%
What is SandRidge Permian Trust's stock symbol?
SandRidge Permian Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "PER."
How often does SandRidge Permian Trust pay dividends? What is the dividend yield for SandRidge Permian Trust?
SandRidge Permian Trust declared a quarterly dividend on Friday, January 27th. Stockholders of record on Friday, February 10th will be paid a dividend of $0.12 per share on Friday, February 24th. This represents a $0.48 annualized dividend and a dividend yield of 15.00%. The ex-dividend date of this dividend is Wednesday, February 8th.
When will SandRidge Permian Trust announce their earnings?
SandRidge Permian Trust is scheduled to release their next quarterly earnings announcement on Monday, August, 3rd 2015.
Who owns SandRidge Permian Trust stock?
SandRidge Permian Trust's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Allianz Asset Management AG (2.78%), Renaissance Technologies LLC (0.77%) and GSA Capital Partners LLP (0.09%).
Who bought SandRidge Permian Trust stock? Who is buying SandRidge Permian Trust stock?
SandRidge Permian Trust's stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC and GSA Capital Partners LLP.
How do I buy SandRidge Permian Trust stock?
Shares of SandRidge Permian Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of SandRidge Permian Trust stock cost?
One share of SandRidge Permian Trust stock can currently be purchased for approximately $3.20.