SandRidge Permian Trust (NYSE:PER) issued its quarterly earnings data on Tuesday. The oil and gas producer reported $0.13 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. SandRidge Permian Trust had a net margin of 87.40% and a return on equity of 18.36%. The firm had revenue of $7.84 million during the quarter.

SandRidge Permian Trust (PER) traded down 1.72% on Thursday, hitting $2.85. 256,488 shares of the company were exchanged. The firm’s 50 day moving average is $2.93 and its 200 day moving average is $3.08. The company has a market capitalization of $149.63 million, a P/E ratio of 6.13 and a beta of 0.71. SandRidge Permian Trust has a 52 week low of $2.51 and a 52 week high of $4.00.

The company also recently announced a quarterly dividend, which will be paid on Friday, August 25th. Investors of record on Friday, August 11th will be paid a dividend of $0.119 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 16.70%. The ex-dividend date of this dividend is Wednesday, August 9th. SandRidge Permian Trust’s dividend payout ratio (DPR) is 113.04%.

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SandRidge Permian Trust Company Profile

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.

Earnings History for SandRidge Permian Trust (NYSE:PER)

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