HOUSTON — SandRidge Permian Trust (PER) on Monday reported fourth-quarter earnings of $3.9 million.
The Houston-based company said it had profit of 7 cents per share.
The holder of royalty interests in SandRidge Energy properties posted revenue of $5.2 million in the period.
For the year, the company reported profit of $17.3 million, or 33 cents per share. Revenue was reported as $22.4 million.
The company’s shares closed at 47 cents. A year ago, they were trading at $2.34.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PER at https://www.zacks.com/ap/PER