|Bid||0.4001 x 1800|
|Ask||0.4003 x 1000|
|Day's Range||0.3300 - 0.4100|
|52 Week Range||0.2500 - 1.7000|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||1.68|
|Earnings Date||Nov 05, 2020 - Nov 09, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
SANDRIDGE PERMIAN TRUST (OTC Pink: PERS) (the "Trust") announced today that has filed its Solicitation/Recommendation Statement on Schedule 14D-9 with the Securities and Exchange Commission ("SEC") in connection with the unsolicited offer commenced on October 13, 2020 by SRPT Acquisition, LLC, a wholly owned subsidiary of PEDEVCO Corp. ("PEDEVCO"), to exchange each outstanding common unit of beneficial interest of the Trust for 4/10ths of one share of PEDEVCO common stock (the "Offer").
SANDRIDGE PERMIAN TRUST (OTC Pink: PERS) today announced a quarterly distribution for the three-month period ended September 30, 2020 (which primarily relates to production attributable to the Trust’s royalty interests from June 1, 2020 to August 31, 2020) of approximately $1.7 million, or $0.033 per unit. The Trust makes distributions on a quarterly basis on or about the 60th day following the completion of each quarter. The distribution is expected to occur on or before November 25, 2020 to holders of record as of the close of business on November 13, 2020.
SANDRIDGE PERMIAN TRUST (OTC Pink: PERS) today confirmed that it has received notice that SRPT Acquisition, LLC, a wholly owned subsidiary of PEDEVCO Corp. ("PEDEVCO"), has commenced an unsolicited offer to exchange each outstanding unit of beneficial interest of the Trust for 4/10ths of one share of PEDEVCO common stock.