News stories about SandRidge Permian Trust (NYSE:PER) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. SandRidge Permian Trust earned a media sentiment score of 0.01 on Accern’s scale. Accern also gave media headlines about the oil and gas producer an impact score of 43.3353066975419 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Shares of SandRidge Permian Trust (NYSE:PER) opened at $2.36 on Friday. The company has a market cap of $123.90, a price-to-earnings ratio of 4.72 and a beta of 0.70. SandRidge Permian Trust has a twelve month low of $1.95 and a twelve month high of $4.00.
Separately, ValuEngine raised shares of SandRidge Permian Trust from a “hold” rating to a “buy” rating in a report on Friday, December 1st.
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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.
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