Loading...

SandRidge Permian Trust

NYSE:PER
Snowflake Description

Undervalued with excellent balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PER
NYSE
$108M
Market Cap
  1. Home
  2. US
  3. Energy
Company description

SandRidge Permian Trust holds royalty interests in specified oil and natural gas properties in the Permian Basin located in Andrews County, Texas. The last earnings update was 17 days ago. More info.


Add to Portfolio Compare Print
  • SandRidge Permian Trust is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
PER Share Price and Events
7 Day Returns
-1.9%
NYSE:PER
-3.6%
US Oil and Gas
-1.4%
US Market
1 Year Returns
-15.9%
NYSE:PER
-16.1%
US Oil and Gas
1.6%
US Market
PER Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
SandRidge Permian Trust (PER) -1.9% -10% -10.4% -15.9% -13.4% -83.1%
US Oil and Gas -3.6% -8.7% -5.9% -16.1% -5.8% -35.9%
US Market -1.4% -3.9% 0.2% 1.6% 33.2% 38.2%
1 Year Return vs Industry and Market
  • PER underperformed the Market in United States of America which returned 1.6% over the past year.
Price Volatility
PER
Industry
5yr Volatility vs Market

PER Value

 Is SandRidge Permian Trust undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of SandRidge Permian Trust to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for SandRidge Permian Trust.

NYSE:PER Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-03-31) in USD $ .464000
Payout Ratio Company Filings (2019-03-31) 0%
Discount Rate (Cost of Equity) See below 9.5%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:PER
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.89
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.889 (1 + (1- 21%) (0%))
1.137
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.14
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.137 * 5.96%)
9.5%

Discounted Cash Flow Calculation for NYSE:PER using Dividend Discount Model Model

The calculations below outline how an intrinsic value for SandRidge Permian Trust is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

NYSE:PER Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= $0.46 / (9.5% - 2.73%)
$6.85
NYSE:PER Discount to Share Price
Calculation Result
Value per share (USD) From above. $6.85
Current discount Discount to share price of $2.06
= -1 x ($2.06 - $6.85) / $6.85
69.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price SandRidge Permian Trust is available for.
Intrinsic value
>50%
Share price is $2.06 vs Future cash flow value of $6.85
Current Discount Checks
For SandRidge Permian Trust to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • SandRidge Permian Trust's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • SandRidge Permian Trust's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for SandRidge Permian Trust's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are SandRidge Permian Trust's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:PER PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $0.46
NYSE:PER Share Price ** NYSE (2019-05-24) in USD $2.06
United States of America Oil and Gas Industry PE Ratio Median Figure of 101 Publicly-Listed Oil and Gas Companies 12.78x
United States of America Market PE Ratio Median Figure of 3,084 Publicly-Listed Companies 17.44x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of SandRidge Permian Trust.

NYSE:PER PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:PER Share Price ÷ EPS (both in USD)

= 2.06 ÷ 0.46

4.44x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SandRidge Permian Trust is good value based on earnings compared to the US Oil and Gas industry average.
  • SandRidge Permian Trust is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does SandRidge Permian Trust's expected growth come at a high price?
Raw Data
NYSE:PER PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 4.44x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Oil and Gas Industry PEG Ratio Median Figure of 76 Publicly-Listed Oil and Gas Companies 0.47x
United States of America Market PEG Ratio Median Figure of 2,121 Publicly-Listed Companies 1.51x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for SandRidge Permian Trust, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on SandRidge Permian Trust's assets?
Raw Data
NYSE:PER PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $2.16
NYSE:PER Share Price * NYSE (2019-05-24) in USD $2.06
United States of America Oil and Gas Industry PB Ratio Median Figure of 195 Publicly-Listed Oil and Gas Companies 1.12x
United States of America Market PB Ratio Median Figure of 5,207 Publicly-Listed Companies 1.8x
NYSE:PER PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:PER Share Price ÷ Book Value per Share (both in USD)

= 2.06 ÷ 2.16

0.96x

* Primary Listing of SandRidge Permian Trust.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SandRidge Permian Trust is good value based on assets compared to the US Oil and Gas industry average.
X
Value checks
We assess SandRidge Permian Trust's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. SandRidge Permian Trust has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

PER Future Performance

 How is SandRidge Permian Trust expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as SandRidge Permian Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
12.1%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is SandRidge Permian Trust expected to grow at an attractive rate?
  • Unable to compare SandRidge Permian Trust's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare SandRidge Permian Trust's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare SandRidge Permian Trust's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NYSE:PER Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 12.1%
United States of America Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 4.6%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.7%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:PER Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:PER Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 28 24
2018-12-31 28 25
2018-09-30 28 24
2018-06-30 27 24
2018-03-31 27 24
2017-12-31 27 24
2017-09-30 29 26
2017-06-30 28 27
2017-03-31 27 24
2016-12-31 28 26
2016-09-30 32 28
2016-06-30 37 36

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if SandRidge Permian Trust is high growth as no earnings estimate data is available.
  • Unable to determine if SandRidge Permian Trust is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:PER Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from SandRidge Permian Trust Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:PER Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 0.46
2018-12-31 0.48
2018-09-30 0.46
2018-06-30 0.45
2018-03-31 0.46
2017-12-31 0.46
2017-09-30 0.46
2017-06-30 0.46
2017-03-31 0.44
2016-12-31 0.49
2016-09-30 0.60
2016-06-30 0.76

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if SandRidge Permian Trust will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether SandRidge Permian Trust is trading at SandRidge Permian Trust'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. SandRidge Permian Trust's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. SandRidge Permian Trust's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess SandRidge Permian Trust's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
SandRidge Permian Trust has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

PER Past Performance

  How has SandRidge Permian Trust performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare SandRidge Permian Trust's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • SandRidge Permian Trust's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • SandRidge Permian Trust's 1-year earnings growth exceeds its 5-year average (1.8% vs -42.2%)
  • SandRidge Permian Trust's earnings growth has not exceeded the US Oil and Gas industry average in the past year (1.8% vs 31.8%).
Earnings and Revenue History
SandRidge Permian Trust's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from SandRidge Permian Trust Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:PER Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 27.80 24.37 1.29
2018-12-31 28.43 25.33 1.40
2018-09-30 27.78 24.26 1.19
2018-06-30 27.03 23.69 1.23
2018-03-31 27.12 23.95 1.52
2017-12-31 27.42 24.34 1.49
2017-09-30 28.53 26.40 1.50
2017-06-30 28.47 26.50 1.37
2017-03-31 26.72 24.43 1.23
2016-12-31 28.45 25.65 1.25
2016-09-30 32.03 28.47 1.33
2016-06-30 37.25 36.25 1.33
2016-03-31 44.26 59.18 1.54
2015-12-31 58.29 80.98 1.62
2015-09-30 76.60 99.99 1.41
2015-06-30 96.13 116.19 1.49
2015-03-31 112.94 118.16 1.46
2014-12-31 124.05 123.02 1.31
2014-09-30 129.95 127.60 1.53
2014-06-30 127.39 128.02 1.59
2014-03-31 121.11 122.88 1.37
2013-12-31 116.52 120.67 1.43
2013-09-30 111.66 119.05 1.43
2013-06-30 114.28 120.12 1.41
2013-03-31 121.86 125.93 1.48
2012-12-31 120.46 122.38 1.53

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • SandRidge Permian Trust has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • SandRidge Permian Trust used its assets more efficiently than the US Oil and Gas industry average last year based on Return on Assets.
  • Unable to establish if SandRidge Permian Trust improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess SandRidge Permian Trust's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
SandRidge Permian Trust has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

PER Health

 How is SandRidge Permian Trust's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up SandRidge Permian Trust's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Unable to compare short term assets to short term liabilities as SandRidge Permian Trust has not reported sufficient balance sheet data.
  • SandRidge Permian Trust has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of SandRidge Permian Trust's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • SandRidge Permian Trust has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from SandRidge Permian Trust Company Filings, last reported 1 month ago.

NYSE:PER Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 113.19 0.00 2.89
2018-12-31 115.23 0.00 2.37
2018-09-30 119.08 0.00 3.57
2018-06-30 121.17 0.00 3.02
2018-03-31 123.35 0.00 2.39
2017-12-31 126.17 0.00 2.29
2017-09-30 129.80 0.00 2.80
2017-06-30 132.68 0.00 2.51
2017-03-31 136.02 0.00 2.35
2016-12-31 140.43 0.00 3.05
2016-09-30 144.80 0.00 3.28
2016-06-30 148.95 0.00 2.96
2016-03-31 152.87 0.00 2.38
2015-12-31 158.46 0.00 3.63
2015-09-30 369.32 0.00 3.48
2015-06-30 380.70 0.00 5.34
2015-03-31 389.86 0.00 4.84
2014-12-31 399.88 0.00 4.76
2014-09-30 409.73 0.00 3.56
2014-06-30 419.98 0.00 2.98
2014-03-31 431.45 0.00 3.01
2013-12-31 443.89 0.00 4.01
2013-09-30 456.58 0.00 4.59
2013-06-30 469.13 0.00 3.53
2013-03-31 480.52 0.00 2.65
2012-12-31 491.40 0.00 4.17
  • SandRidge Permian Trust has no debt.
  • SandRidge Permian Trust has not taken on any debt in the past 5 years.
  • SandRidge Permian Trust has no debt, it does not need to be covered by operating cash flow.
  • SandRidge Permian Trust has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess SandRidge Permian Trust's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. SandRidge Permian Trust has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

PER Dividends

 What is SandRidge Permian Trust's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
22.52%
Current annual income from SandRidge Permian Trust dividends.
If you bought $2,000 of SandRidge Permian Trust shares you are expected to receive $450 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • SandRidge Permian Trust's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.47%).
  • SandRidge Permian Trust's dividend is above the markets top 25% of dividend payers in United States of America (3.75%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:PER Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 66 Stocks 3.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2007 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:PER Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-01-24 0.464 20.223
2018-03-09 0.457 19.602
2017-03-16 0.465 17.342
2016-03-16 1.505 53.805
2015-03-13 2.552 59.610
2014-09-25 2.390 31.262
2014-02-28 2.390 19.752
2013-03-15 2.384 17.073
2013-03-01 2.384 15.938
2012-11-01 2.501 14.241
2012-07-26 2.297 11.439
2012-04-30 2.327 11.549
2012-03-26 2.214 9.685
2012-02-02 2.214 9.311

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SandRidge Permian Trust has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • SandRidge Permian Trust has only been paying a dividend for 7 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of SandRidge Permian Trust's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.1x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess SandRidge Permian Trust's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can SandRidge Permian Trust afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. SandRidge Permian Trust has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

PER Management

 What is the CEO of SandRidge Permian Trust's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • SandRidge Permian Trust has no CEO, or we have no data on them.
Management Team

Craig Johnson

TITLE
Executive Vice President of Operations
AGE
51

Doug Johnson

TITLE
Senior Vice President of Geology
TENURE
5.4 yrs

Kevin Clement

TITLE
Executive Vice President and President of Saltwater Gathering Operations
AGE
59
TENURE
4.6 yrs
Board of Directors

Jeff Serota

TITLE
Chairman
AGE
52
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess SandRidge Permian Trust's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. SandRidge Permian Trust has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

PER News

Simply Wall St News

What is Behind SandRidge Permian Trust's (NYSE:PER) Superior ROE?

and want to begin learning the link between company’s fundamentals and stock market performance. … SandRidge Permian Trust (NYSE:PER) outperformed the oil and gas exploration and production industry on the basis of its ROE – producing a higher 19.5% relative to the peer average of 13.0% over the past 12 months. … View our latest analysis for SandRidge Permian Trust

Simply Wall St -

SandRidge Permian Trust (NYSE:PER): Commentary On Fundamentals

In the case of SandRidge Permian Trust (NYSE:PER), there's. … is a company that has been able to sustain great financial health, trading at an attractive share price. … report on SandRidge Permian Trust here

Simply Wall St -

Should You Be Happy With SandRidge Permian Trust's (NYSE:PER) Performance Lately?

For SandRidge Permian Trust, its most recent earnings (trailing twelve month) is US$23.95M, which, in comparison to the prior year's level, has dropped by -1.96%. … Given that these values may be relatively short-term, I have computed an annualized five-year value for SandRidge Permian Trust's earnings, which stands at US$80.20M This means SandRidge Permian Trust's average annual earnings have historically been higher, which signals a declining trend in profitability. … Over the past couple of years, SandRidge Permian Trust has, on average, delivered negative top- and bottom-line growth.

Simply Wall St -

Does SandRidge Permian Trust's (NYSE:PER) PE Ratio Warrant A Buy?

It compares a stock’s price per share to the stock’s earnings per share. … Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for PER Price per share = $2.3 Earnings per share = $0.457 ∴ Price-Earnings Ratio = $2.3 ÷ $0.457 = 5x The P/E ratio itself doesn’t tell you a lot; however, it becomes very insightful when you compare it with other similar companies. … Ultimately, our goal is to compare the stock’s P/E ratio to the average of companies that have similar attributes to PER, such as company lifetime and products sold.

Simply Wall St -

SandRidge Permian Trust And Other Top Cheap Stocks

SandRidge Permian Trust and Signet Jewelers are two of the companies on my list that I consider are undervalued. … SandRidge Permian Trust was established in 2011 and with the stock's market cap sitting at USD $105.00M, it comes under the small-cap group. … More detail on SandRidge Permian Trust here.

Simply Wall St -

One Thing To Consider Before Buying SandRidge Permian Trust (NYSE:PER)

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … View our latest analysis for SandRidge Permian Trust An interpretation of PER's beta SandRidge Permian Trust's beta of 0.81 indicates that the stock value will be less variable compared to the whole stock market. … PER’s beta indicates it is a stock that investors may find valuable if they want to reduce the overall market risk exposure of their stock portfolio.

Simply Wall St -

What is Behind SandRidge Permian Trust's (NYSE:PER) Superior ROE?

For now, let’s just look at the cost of equity number for SandRidge Permian Trust, which is 10.29%. … This means SandRidge Permian Trust returns enough to cover its own cost of equity, with a buffer of 9.00%. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity NYSE:PER Last Perf Mar 26th 18 Basically, profit margin measures how much of revenue trickles down into earnings which illustrates how efficient the business is with its cost management.

Simply Wall St -

SandRidge Permian Trust (NYSE:PER): Does -7.29% Earnings Drop In A Year Reflect The Long-Term Trend?

Check out our latest analysis for SandRidge Permian Trust Commentary On PER's Past Performance For the purpose of this commentary, I like to use the ‘latest twelve-month’ data, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data. … For SandRidge Permian Trust, its most recent earnings (trailing twelve month) is US$26.40M, which, against last year’s level, has dropped by -7.29%. … This suggests that, in the recent industry expansion, SandRidge Permian Trust has not been able to realize the gains unlike its industry peers.What does this mean?

Simply Wall St -

Is SandRidge Permian Trust (NYSE:PER) A Buy At Its Current PE Ratio?

It compares a stock’s price per share to the stock’s earnings per share. … Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for PER Price per share = $2.36 Earnings per share = $0.46 ∴ Price-Earnings Ratio = $2.36 ÷ $0.46 = 5.1x On its own, the P/E ratio doesn’t tell you much; however, it becomes extremely useful when you compare it with other similar companies. … Since PER's P/E of 5.1x is lower than its industry peers (15.1x), it means that investors are paying less than they should for each dollar of PER's earnings.

Simply Wall St -

Can SandRidge Permian Trust (NYSE:PER) Continue To Outperform Its Industry?

See our latest analysis for SandRidge Permian Trust Breaking down Return on Equity Return on Equity (ROE) is a measure of SandRidge Permian Trust’s profit relative to its shareholders’ equity. … Since SandRidge Permian Trust’s return covers its cost in excess of 9.13%, its use of equity capital is efficient and likely to be sustainable. … Simply put, SandRidge Permian Trust pays less for its capital than what it generates in return.

Simply Wall St -

PER Company Info

Description

SandRidge Permian Trust holds royalty interests in specified oil and natural gas properties in the Permian Basin located in Andrews County, Texas. The company was founded in 2011 and is based in Houston, Texas.

Details
Name: SandRidge Permian Trust
PER
Exchange: NYSE
Founded: 2011
$108,150,000
52,500,000
Website: http://investors.sandridgeenergy.com/investor-relations/sandridge-royalty-trusts/default.aspx
Address: SandRidge Permian Trust
601 Travis Street,
16th Floor,
Houston,
Texas, 77002,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE PER Common Units New York Stock Exchange US USD 11. Aug 2011
Number of employees
Current staff
Staff numbers
0
SandRidge Permian Trust employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/26 00:26
End of day share price update: 2019/05/24 00:00
Last earnings filing: 2019/05/09
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.