NYSE:PER

Stock Analysis Report

SandRidge Permian Trust

Executive Summary

SandRidge Permian Trust holds royalty interests in specified oil and natural gas properties in the Permian Basin located in Andrews County, Texas.

Rewards


Snowflake Analysis

Share Price & News

How has SandRidge Permian Trust's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PER's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

1.8%

PER

-0.3%

US Oil and Gas

0.5%

US Market


1 Year Return

-61.5%

PER

-17.7%

US Oil and Gas

20.3%

US Market

Return vs Industry: PER underperformed the US Oil and Gas industry which returned -17.7% over the past year.

Return vs Market: PER underperformed the US Market which returned 20.3% over the past year.


Shareholder returns

PERIndustryMarket
7 Day1.8%-0.3%0.5%
30 Day-3.3%-7.5%2.0%
90 Day-15.2%-6.4%9.4%
1 Year-52.5%-61.5%-14.4%-17.7%22.8%20.3%
3 Year-51.5%-72.2%-11.8%-20.1%50.1%40.4%
5 Year-67.6%-87.9%-21.0%-32.6%73.1%54.1%

Price Volatility Vs. Market

How volatile is SandRidge Permian Trust's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is SandRidge Permian Trust undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PER ($0.89) is trading below our estimate of fair value ($4.64)

Significantly Below Fair Value: PER is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: PER is good value based on its PE Ratio (2.4x) compared to the Oil and Gas industry average (9.3x).

PE vs Market: PER is good value based on its PE Ratio (2.4x) compared to the US market (18.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PER's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PER is good value based on its PB Ratio (0.4x) compared to the US Oil and Gas industry average (0.8x).

Future Growth

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

17.1%

Forecasted Energy industry annual growth in earnings


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 SimplyWall St do have past financial data.

Past Performance

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

-43.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PER has high quality earnings.

Growing Profit Margin: PER's current net profit margins (83.7%) are lower than last year (87.3%).


Past Earnings Growth Analysis

Earnings Trend: PER's earnings have declined by -43.5% per year over the past 5 years.

Accelerating Growth: PER's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: PER had negative earnings growth (-19.7%) over the past year, making it difficult to compare to the Oil and Gas industry average (-13.3%).


Return on Equity

High ROE: PER's Return on Equity (17.8%) is considered low.


Return on Assets


Return on Capital Employed

Financial Health

How is SandRidge Permian Trust's financial position?


Financial Position Analysis

Short Term Liabilities: Insufficient data to determine if PER's short term assets cover its short term liabilities.

Long Term Liabilities: PER has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: PER is debt free.

Reducing Debt: PER has not had any debt for past 5 years.

Debt Coverage: PER has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: PER has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: PER has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if PER's debt is covered by short term assets.

Dividend

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

35.17%

Current Dividend Yield


Dividend Yield vs Market

company35.2%marketbottom25%1.4%markettop25%3.7%industryaverage4.5%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: PER's dividend (35.18%) is higher than the bottom 25% of dividend payers in the US market (1.44%).

High Dividend: PER's dividend (35.18%) is in the top 25% of dividend payers in the US market (3.73%)


Stability and Growth of Payments

Stable Dividend: PER has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: PER has only been paying a dividend for 8 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (88.7%), PER's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

SandRidge Permian Trust has no CEO, or we have no data on them.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

SandRidge Permian Trust's company bio, employee growth, exchange listings and data sources


Key Information


Location

  • SandRidge Permian Trust
  • 601 Travis Street
  • 16th Floor
  • Houston
  • Texas
  • 77002
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PERNYSE (New York Stock Exchange)YesCommon UnitsUSUSDAug 2011

Biography

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. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/21 00:54
End of Day Share Price2020/02/20 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.