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SandRidge Permian: 3Q Earnings Snapshot

·1 min read

HOUSTON (AP) _ SandRidge Permian Trust (PERS) on Friday reported third-quarter earnings of $654,000.

The Houston-based company said it had net income of 1 cent per share.

The holder of royalty interests in SandRidge Energy properties posted revenue of $1.7 million in the period.

In the final minutes of trading on Friday, the company's shares hit 35 cents. A year ago, they were trading at $1.46.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PERS at https://www.zacks.com/ap/PERS