The Traderszone Network

Published in TZ Latest News 18 October, 2014 by The TZ Newswire Staff

SandRidge Permian Trust: Distribution Is Safe; Could Return +55% Within 1 Year

By The Forensic Accountant:

As investors in oil and gas trusts are aware, the sector has been and is experiencing a sharp correction in market prices, with shares of some oil trusts down by a third, or more. One such trust that has been adversely affected is SandRidge Permian Trust (NYSE:PER), whose share price has declined from a high of $13 in August to as low as $7.76 on Wednesday.

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