No insider purchase over the last 90 days. The latest, by Montare Resources I, LLC, was filed 08 Jan 2021.
SandRidge Permian Trust: what insiders have been doing
SandRidge Permian Trust, classified in the Energy sector, is a listed company. Its insiders report their share dealings to SEC (Form 4). SandRidge Permian Trust has had no insider filing for more than a year; the last one goes back to 3 August 2021.
Over the whole record (from 2011), the tally stands at 40 purchases and 3 sales.
These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Financial data
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- 13,125,000 sharesCommon Units of Beneficial InterestSEC:0000899243-21-031383:0
- 39,956 shares@ US$0.39990.7% of flowCommon Units of Beneficial InterestSEC:0000899243-21-001231:0Canonical exit: 6 Apr 2021 (T+90)
- 36,633 shares@ US$0.39130.7% of flowCommon Units of Beneficial InterestSEC:0000899243-21-000533:0Canonical exit: 31 Mar 2021 (T+90)
- 57,913 shares@ US$0.39561.1% of flowCommon Units of Beneficial InterestSEC:0000899243-21-000533:1Canonical exit: 4 Apr 2021 (T+90)
- 6,457 shares@ US$0.39010.1% of flowCommon Units of Beneficial InterestSEC:0000899243-21-000533:2Canonical exit: 5 Apr 2021 (T+90)
- 187,369 shares@ US$0.3853.5% of flowCommon Units of Beneficial InterestSEC:0000899243-20-035540:0Canonical exit: 28 Mar 2021 (T+90)
- 192,147 shares@ US$0.39453.6% of flowCommon Units of Beneficial InterestSEC:0000899243-20-035540:1Canonical exit: 29 Mar 2021 (T+90)
- 138,717 shares@ US$0.39882.6% of flowCommon Units of Beneficial InterestSEC:0000899243-20-035540:2Canonical exit: 30 Mar 2021 (T+90)
- 54,992 shares@ US$0.3821.0% of flowCommon Units of Beneficial InterestSEC:0000899243-20-034546:0Canonical exit: 16 Mar 2021 (T+90)
- 176,070 shares@ US$0.39343.3% of flowCommon Units of Beneficial InterestSEC:0000899243-20-034546:1Canonical exit: 17 Mar 2021 (T+90)
- 108,417 shares@ US$0.39772.1% of flowCommon Units of Beneficial InterestSEC:0000899243-20-034546:2Canonical exit: 18 Mar 2021 (T+90)
- 69,497 shares@ US$0.38571.3% of flowCommon Units of Beneficial InterestSEC:0000899243-20-033592:0Canonical exit: 9 Mar 2021 (T+90)
- 184,009 shares@ US$0.39733.6% of flowCommon Units of Beneficial InterestSEC:0000899243-20-032607:0Canonical exit: 28 Feb 2021 (T+90)
- 87,115 shares@ US$0.37841.6% of flowCommon Units of Beneficial InterestSEC:0000899243-20-032607:1Canonical exit: 1 Mar 2021 (T+90)
- 4,875 shares@ US$0.37370.1% of flowCommon Units of Beneficial InterestSEC:0000899243-20-032607:2Canonical exit: 2 Mar 2021 (T+90)
- 137,728 shares@ US$0.38082.6% of flowCommon Units of Beneficial InterestSEC:0000899243-20-032277:0Canonical exit: 22 Feb 2021 (T+90)
- 302,202 shares@ US$0.37855.6% of flowCommon Units of Beneficial InterestSEC:0000899243-20-032277:1Canonical exit: 23 Feb 2021 (T+90)
- 91,298 shares@ US$0.35911.6% of flowCommon Units of Beneficial InterestSEC:0000899243-20-031958:0Canonical exit: 17 Feb 2021 (T+90)
- 102,774 shares@ US$0.371.9% of flowCommon Units of Beneficial InterestSEC:0000899243-20-031477:0Canonical exit: 14 Feb 2021 (T+90)
- 268,849 shares@ US$0.35744.7% of flowCommon Units of Beneficial InterestSEC:0000899243-20-031477:1Canonical exit: 15 Feb 2021 (T+90)
- 80,107 shares@ US$0.3511.4% of flowCommon Units of Beneficial InterestSEC:0000899243-20-031477:2Canonical exit: 16 Feb 2021 (T+90)
- 25,954 shares@ US$0.44740.6% of flowCommon Units of Beneficial InterestSEC:0000899243-20-027835:0Canonical exit: 4 Jan 2021 (T+90)
- 8,470 shares@ US$0.43010.2% of flowCommon Units of Beneficial InterestSEC:0000899243-20-027835:1Canonical exit: 5 Jan 2021 (T+90)
- 224,174 shares@ US$0.50065.6% of flowCommon Units of Beneficial InterestSEC:0000899243-20-026706:0Canonical exit: 28 Dec 2020 (T+90)
- 212,108 shares@ US$0.51415.4% of flowCommon Units of Beneficial InterestSEC:0000899243-20-026706:1Canonical exit: 29 Dec 2020 (T+90)
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About SandRidge Permian Trust
SandRidge Permian Trust is a US energy royalty trust linked to oil and natural gas assets in the Permian Basin. The Trust was formed in May 2011 under the Delaware Statutory Trust Act and was launched to the public in August 2011. Its structure was designed to hold royalty interests carved out of specific oil and gas properties, primarily in Andrews County, Texas. It is a highly specialized vehicle with no employees of its own; administration is handled by its trustee, whose office is in Houston, Texas. For market context, the entity was historically listed in the United States on the NYSE/NASDAQ ecosystem through its trust units, and the relevant country is the United States.
From a business perspective, SandRidge Permian Trust is not a conventional upstream producer or an integrated energy company. Its model is much narrower: it owns royalty interests and passes through cash flows generated by production from the underlying properties. That means the Trust’s economic performance is driven mainly by production volumes, decline rates of mature reservoirs, and commodity prices for crude oil and natural gas. There is no broad product portfolio, no refining or marketing chain, and no material operating workforce. Instead, the key investor proposition is exposure to asset-backed royalty income and distributions, with limited operational complexity.
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Competitively, the Trust belongs to a niche segment of the US energy market: royalty trusts. These structures tend to appeal to income-oriented investors, but they typically lack the growth profile and asset flexibility of larger E&P companies. SandRidge Permian Trust’s “products” are effectively the royalty cash flows generated by the underlying fields, making the investment case more about depletion economics and commodity sensitivity than about long-term expansion. In that sense, the Trust is best viewed as a yield-oriented, finite-life energy vehicle rather than a perpetual operating business.
Historically, the Trust was created by SandRidge Energy, Inc. to monetize interests in Permian Basin properties. A key milestone came later when the Trust was required to dissolve and commence winding up its business and affairs as of the close of business on February 26, 2021. In addition, SEC filings show that SandRidge sold its interests in the underlying properties and all of its outstanding Trust units to Avalon Energy, LLC in November 2018, which changed the ownership backdrop around the assets. For investors, that makes SandRidge Permian Trust primarily a legacy energy trust: geographically concentrated, commodity-exposed, and structurally tied to its liquidation and end-of-life profile rather than to ongoing growth investment.
