NYSE:PER - SandRidge Permian Trust Stock Price, Forecast & News

SandRidge Permian Trust's stock was trading at $0.67 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PER stock has decreased by 23.3% and is now trading at $0.5140. View which stocks have been mosted impacted by Coronavirus.

SandRidge Permian Trust is scheduled to release its next quarterly earnings announcement on Thursday, May 14th 2020. View our earnings forecast for SandRidge Permian Trust.

SandRidge Permian Trust (NYSE:PER) announced its earnings results on Friday, March, 13th. The oil and gas producer reported $0.07 earnings per share for the quarter. The oil and gas producer earned $5.22 million during the quarter. SandRidge Permian Trust had a return on equity of 15.70% and a net margin of 77.04%. View SandRidge Permian Trust's earnings history.

SandRidge Permian Trust announced a quarterly dividend on Thursday, January 23rd. Investors of record on Friday, February 14th will be given a dividend of $0.08 per share on Friday, February 28th. This represents a $0.32 annualized dividend and a dividend yield of 62.26%. The ex-dividend date of this dividend is Thursday, February 13th. This is a boost from SandRidge Permian Trust's previous quarterly dividend of $0.07. View SandRidge Permian Trust's dividend history.

Headlines about PER stock have been trending extremely negative on Sunday, InfoTrie reports. The research group identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. SandRidge Permian Trust earned a news impact score of -4.0 on InfoTrie's scale. They also assigned news headlines about the oil and gas producer a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutSandRidge Permian Trust.

SandRidge Permian Trust saw a increase in short interest in March. As of March 13th, there was short interest totaling 438,100 shares, an increase of 110.8% from the February 27th total of 207,800 shares. Based on an average trading volume of 277,500 shares, the days-to-cover ratio is presently 1.6 days. Currently, 1.1% of the shares of the company are sold short. View SandRidge Permian Trust's Current Options Chain.

Some companies that are related to SandRidge Permian Trust include Oasis Petroleum (OAS), Laredo Petroleum (LPI), QEP Resources (QEP), Gulfport Energy (GPOR), Whiting Petroleum (WLL), Montage Resources (MR), Extraction Oil & Gas (XOG), Epsilon Energy (EPSN), Panhandle Oil and Gas (PHX), Penn Virginia (PVAC), VAALCO Energy (EGY), HighPoint Resources (HPR), TETRA Technologies (TTI), SandRidge Energy (SD) and PermRock Royalty Trust (PRT).

Based on aggregate information from My MarketBeat watchlists, some companies that other SandRidge Permian Trust investors own include Energy Transfer LP Unit (ET), Cornerstone Total Return Fund (CRF), Cornerstone Strategic Value Fund (CLM), SunCoke Energy Partners (SXCP), CBL & Associates Properties (CBL), SandRidge Mississippian Trust II (SDR), Arlington Asset Investment (AI), Martin Midstream Partners (MMLP), Navios Maritime Midstream Partners (NAP) and NGL Energy Partners (NGL).

SandRidge Permian Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "PER."

SandRidge Permian Trust's stock is owned by a variety of institutional and retail investors. Top institutional investors include Russell Investments Group Ltd. (0.36%) and UBS Group AG (0.06%). View institutional ownership trends for SandRidge Permian Trust.

PER stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd.. View insider buying and selling activity for SandRidge Permian Trust.

PER stock was acquired by a variety of institutional investors in the last quarter, including UBS Group AG. View insider buying and selling activity for SandRidge Permian Trust.

Shares of PER can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of PER stock can currently be purchased for approximately $0.51.

SandRidge Permian Trust has a market capitalization of $26.99 million and generates $22.44 million in revenue each year.  View additional information about SandRidge Permian Trust.

The official website for SandRidge Permian Trust is http://www.sandridgeenergy.com/.

SandRidge Permian Trust's mailing address is 601 TRAVIS STREET 16TH FLOOR, HOUSTON TX, 77002. The oil and gas producer can be reached via phone at 512-236-6555 or via email at investo[email protected]