SandRidge Permian Trust (PER) Given Daily News Sentiment Rating of 0.14
Media stories about SandRidge Permian Trust (NYSE:PER) have been trending somewhat positive on Tuesday, according to Accern. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. SandRidge Permian Trust earned a news impact score of 0.14 on Accern’s scale. Accern also assigned news stories about the oil and gas producer an impact score of 45.8285706106095 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of SandRidge Permian Trust (PER) remained flat at $2.80 during trading on Tuesday. 106,550 shares of the company were exchanged. The company has a market cap of $147.00 million, a P/E ratio of 6.02 and a beta of 0.72. The company has a 50-day moving average price of $2.80 and a 200-day moving average price of $2.91. SandRidge Permian Trust has a 12-month low of $2.65 and a 12-month high of $4.00.
SandRidge Permian Trust (NYSE:PER) last issued its earnings results on Tuesday, August 8th. The oil and gas producer reported $0.13 EPS for the quarter. The company had revenue of $7.84 million during the quarter. SandRidge Permian Trust had a return on equity of 19.14% and a net margin of 88.64%. On average, equities research analysts anticipate that SandRidge Permian Trust will post $2.78 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, November 24th. Stockholders of record on Friday, November 10th will be given a $0.095 dividend. The ex-dividend date is Thursday, November 9th. This represents a $0.38 annualized dividend and a dividend yield of 13.57%. SandRidge Permian Trust’s payout ratio is 96.00%.
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.
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