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: Oil & Gas Exploration and Production - NEC
- Sub-Industry: N/A
- Symbol: NYSE:PER
- CUSIP: N/A
- Web: www.sandridgeenergy.com
Capitalization:- Market Cap: $154.88 million
- Outstanding Shares: 52,500,000
Average Prices:- 50 Day Moving Avg: $2.91
- 200 Day Moving Avg: $3.09
- 52 Week Range: $2.36 - $4.00
P/E:- Trailing P/E Ratio: 6.34
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $26.72 million
- Price / Sales: 5.80
- Book Value: $2.59 per share
- Price / Book: 1.14
Dividend:- Annual Dividend: $0.52
- Dividend Yield: 17.6%
Profitability:- Net Margins: 87.06%
- Return on Equity: 17.14%
- Return on Assets: 17.14%
Misc:- Average Volume: 155,608 shs.
- Beta: 0.71
- Short Ratio: 2.05
Frequently Asked Questions for SandRidge Permian Trust (NYSE:PER)
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, April 28th. Investors of record on Friday, May 12th will be paid a dividend of $0.13 per share on Friday, May 26th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 17.63%. The ex-dividend date of this dividend is Wednesday, May 10th. This is an increase from SandRidge Permian Trust's previous quarterly dividend of $0.12. View SandRidge Permian Trust's Dividend History.
How were SandRidge Permian Trust's earnings last quarter?
SandRidge Permian Trust (NYSE:PER) released its quarterly earnings results on Thursday, October, 30th. The company reported $0.72 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.68 by $0.04. The company earned $30.85 million during the quarter, compared to analyst estimates of $33.15 million. SandRidge Permian Trust had a net margin of 87.06% and a return on equity of 17.14%. View SandRidge Permian Trust's Earnings History.
Who are some of SandRidge Permian Trust's key competitors?
Some companies that are related to SandRidge Permian Trust include Premier Oil PLC (PMO), Faroe Petroleum plc (FPM), Genel Energy PLC (GENL), Bill Barrett Corporation (BBG), W&T Offshore (WTI), Abraxas Petroleum Corporation (AXAS), Approach Resources (AREX), Lilis Energy (LLEX), Amerisur Resources plc (AMER), Gulf Keystone Petroleum Limited (GKP), Earthstone Energy (ESTE), Falcon Oil & Gas Ltd (FOG), Exillon Energy Plc (EXI), UK Oil & Gas Investments PLC (UKOG), Contango Oil & Gas Company (MCF), LRR Energy LP (LRE), Bellatrix Exploration Ltd (BXE) and Enduro Royalty Trust (NDRO).
Who are SandRidge Permian Trust's key executives?
SandRidge Permian Trust's management team includes the folowing people:
- Peter A. Altabef, President, Dell Services
- John E. Harper, VP Finance, Dell Services
- Robin Johnson, CIO, Dell
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.
What is SandRidge Permian Trust's stock price today?
One share of SandRidge Permian Trust stock can currently be purchased for approximately $2.95.
MarketBeat Community Rating for SandRidge Permian Trust (NYSE PER)MarketBeat's community ratings are surveys of what our community members think about SandRidge Permian Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for SandRidge Permian Trust (NYSE:PER) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Buy Rating |
| Consensus Rating: | Buy (Score: 3.00) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for SandRidge Permian Trust (NYSE:PER)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/15/2016 | Canaccord Genuity | Reiterated Rating | Buy | | N/A |  |
| 7/12/2016 | Roth Capital | Reiterated Rating | Buy | | N/A | |
(Data available from 7/25/2015 forward)
Earnings History for SandRidge Permian Trust (NYSE:PER)Earnings History by Quarter for SandRidge Permian Trust (NYSE PER)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/30/2014 | | $0.68 | $0.72 | $33.15 million | $30.85 million | View | N/A | |
| 7/31/2014 | | $0.68 | $0.78 | $34.92 million | $33.22 million | View | N/A | |
| 5/9/2014 | | $0.66 | $0.65 | $32.13 million | $36.78 million | View | N/A | |
| 1/30/2014 | Q4 | $0.64 | $0.64 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for SandRidge Permian Trust (NYSE:PER)No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for SandRidge Permian Trust (NYSE:PER)| Most Recent Dividend: | 5/26/2017 |
| Annual Dividend: | $0.52 |
| Dividend Yield: | 17.63% |
| Dividend Growth: | -38.90% (3 Year Average) |
| Payout Ratio: | 113.04% (Trailing 12 Months of Earnings)
|
Dividend History by Quarter for SandRidge Permian Trust (NYSE PER)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 4/28/2017 | quarterly | $0.13 | 16.25% | 5/10/2017 | 5/12/2017 | 5/26/2017 |
| 1/27/2017 | quarterly | $0.12 | 13.91% | 2/8/2017 | 2/10/2017 | 2/24/2017 |
| 10/28/2016 | quarterly | $0.13 | 16.49% | 11/8/2016 | 11/11/2016 | 11/25/2016 |
| 8/1/2016 | quarterly | $0.12 | 19.2% | 8/10/2016 | 8/12/2016 | 8/26/2016 |
| 4/29/2016 | quarterly | $0.09 | 12.77% | 5/11/2016 | 5/13/2016 | 5/27/2016 |
| 1/29/2016 | quarterly | $0.19 | 36.76% | 2/10/2016 | 2/12/2016 | 2/26/2016 |
| 10/30/2015 | quarterly | $0.25 | 22.78% | 11/10/2015 | 11/13/2015 | 11/27/2015 |
| 8/3/2015 | quarterly | $0.42 | 24.49% | 8/12/2015 | 8/14/2015 | 8/28/2015 |
| 5/4/2015 | quarterly | $0.64 | 29.66% | 5/13/2015 | 5/15/2015 | 5/29/2015 |
| 1/30/2015 | quarterly | $0.66 | 35.17% | 2/11/2015 | 2/13/2015 | 2/27/2015 |
| 10/31/2014 | quarterly | $0.66 | 26.42% | 11/12/2014 | 11/14/2014 | 11/28/2014 |
| 7/31/2014 | quarterly | $0.63 | 19.97% | 8/12/2014 | 8/14/2014 | 8/29/2014 |
| 4/24/2014 | quarterly | $0.61 | 19.64% | 5/13/2014 | 5/15/2014 | 5/30/2014 |
| 2/4/2014 | quarterly | $0.64 | 19.41% | 2/12/2014 | 2/14/2014 | 2/28/2014 |
| 10/24/2013 | quarterly | $0.65 | 17.46% | 11/12/2013 | 11/14/2013 | 11/29/2013 |
| 7/25/2013 | quarterly | $0.59 | 14.74% | 8/12/2013 | 8/14/2013 | 8/29/2013 |
| 4/26/2013 | quarterly | $0.51 | 14.71% | 5/13/2013 | 5/15/2013 | 5/30/2013 |
| 2/1/2013 | quarterly | $0.60 | 12.76% | 2/12/2013 | 2/14/2013 | 3/1/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for SandRidge Permian Trust (NYSE:PER)Insider Ownership Percentage: 29.00%
Institutional Ownership Percentage: 5.29%
Insider Trades by Quarter for SandRidge Permian Trust (NYSE:PER)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 1/9/2014 | Sandridge Energy Inc | major shareholder | Sell | 1,825,000 | $12.12 | $22,119,000.00 | |
| 9/10/2013 | Sandridge Energy Inc | Major Shareholder | Sell | 1,050,000 | $13.75 | $14,437,500.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for SandRidge Permian Trust (NYSE:PER)
Latest Headlines for SandRidge Permian Trust (NYSE:PER)
| Source: |
|
| Date | Headline |
|---|
 | Head-To-Head Analysis: Parsley Energy (PE) versus SandRidge Permian Trust (PER)
www.americanbankingnews.com - July 17 at 8:14 PM |
| SandRidge Permian Trust (NYSE:PER) versus Noble Energy (NBL) Financial Survey
www.americanbankingnews.com - July 16 at 2:11 PM |
 | SandRidge Permian Trust :PER-US: Earnings Analysis: Q1, 2017 By the Numbers : May 30, 2017
finance.yahoo.com - May 30 at 9:53 AM |
| SandRidge Permian Trust (PER) Earning Very Favorable Media Coverage, Analysis Shows
www.americanbankingnews.com - May 2 at 2:50 PM |
| Positive Media Coverage Very Likely to Affect SandRidge Permian Trust (PER) Share Price
www.americanbankingnews.com - April 28 at 11:04 PM |
| SandRidge Permian Trust (PER) Announces Dividend Increase - $0.13 Per Share
www.americanbankingnews.com - April 28 at 10:04 PM |
| SandRidge Permian Trust Announces Quarterly Distribution - Yahoo Finance
finance.yahoo.com - April 27 at 7:38 PM |
 | SandRidge Permian Trust declares $0.13 dividend
seekingalpha.com - April 27 at 5:55 PM |
| Will Exxon's Major Shale Play Find Black Gold Or Fool's Gold?
seekingalpha.com - April 7 at 7:33 PM |
| New Perot campus sets tone for 1M SF family holdout along Dallas’ Katy Trail
finance.yahoo.com - April 7 at 11:51 AM |
| SandRidge Permian Trust - Higher Distribution, Positive Momentum, Time To Buy?
seekingalpha.com - March 28 at 9:48 AM |
| Sandridge Mississippian Trust I - Long-Term Play Now? Not
seekingalpha.com - March 24 at 7:01 PM |
| SANDRIDGE PERMIAN TRUST Financials
finance.yahoo.com - March 22 at 7:09 PM |
| SANDRIDGE PERMIAN TRUST Files SEC form 10-K, Annual Report
biz.yahoo.com - March 16 at 7:54 PM |
 | Wednesday Sector Laggards: Rental, Leasing, & Royalty, REITs - Presented by: The Aol. On Network
www.nasdaq.com - February 16 at 6:45 PM |
| SandRidge Permian Trust (PER) Ex-Dividend Date Scheduled for February 08, 2017 - Nasdaq
www.nasdaq.com - February 7 at 8:27 PM |
 | 25 Stocks Moving In Friday's Pre-Market Session - Benzinga
www.benzinga.com - January 28 at 5:37 AM |
| 20 Biggest Mid-Day Losers For Friday - Benzinga
www.benzinga.com - January 28 at 5:37 AM |
| Mid-Day Market Update: Crude Oil Down 2%; Stonegate Mortgage Shares Spike Higher
feeds.benzinga.com - January 27 at 12:53 PM |
| SandRidge Permian Trust (PER)
seekingalpha.com - January 27 at 12:40 AM |
| SandRidge Permian Trust Announces Quarterly Distribution
finance.yahoo.com - January 27 at 12:40 AM |
| SANDRIDGE PERMIAN TRUST Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and E
biz.yahoo.com - January 27 at 12:40 AM |
| 4:26 pm SandRidge Permian Trust decreases quarterly distribution to $0.12/unit from $0.134/unit
finance.yahoo.com - January 27 at 12:40 AM |
 | NTT Data to upgrade its existing Plano campus to house 1,000 employees
www.bizjournals.com - January 18 at 7:47 PM |
SandRidge Permian Trust (PER) Chart for Tuesday, July, 25, 2017
