Permian Resources Corporation (PR)
| Market Cap | 10.99B |
| Revenue (ttm) | 5.13B |
| Net Income (ttm) | 1.17B |
| Shares Out | 799.87M |
| EPS (ttm) | 1.62 |
| PE Ratio | 8.47 |
| Forward PE | 11.54 |
| Dividend | $0.60 (4.37%) |
| Ex-Dividend Date | Jun 16, 2025 |
| Volume | 23,113,475 |
| Open | 13.93 |
| Previous Close | 13.92 |
| Day's Range | 13.65 - 13.93 |
| 52-Week Range | 10.01 - 16.95 |
| Beta | 1.24 |
| Analysts | Strong Buy |
| Price Target | 18.47 (+34.43%) |
| Earnings Date | Aug 5, 2025 |
About PR
Permian Resources Corporation, an independent oil and natural gas company, focuses on the development of crude oil and associated liquids-rich natural gas reserves in the United States. The company’s assets primarily focus on the Delaware Basin, a sub-basin of the Permian Basin. Its properties consist of acreage blocks in Reeves County in West Texas and Lea County in New Mexico. The company was formerly known as Centennial Resource Development, Inc. and changed its name to Permian Resources Corporation in September 2022. Permian Resources Corpo... [Read more]
Financial Performance
In 2024, Permian Resources's revenue was $5.00 billion, an increase of 60.23% compared to the previous year's $3.12 billion. Earnings were $984.70 million, an increase of 106.74%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for PR stock is "Strong Buy." The 12-month stock price forecast is $18.47, which is an increase of 34.43% from the latest price.
News
20 oil stocks passing a quality screen as Investors wonder what Iran will do next
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Permian Resources Announces Closing of Bolt-On Acquisition of Core Delaware Basin Assets
MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced the closing of its previously announced acquisition of certain leasehol...
Permian Resources: The Growth Story Continues Right Through Market Uncertainty
Permian Resources continues to deliver rare growth through strategic, accretive acquisitions. Management's disciplined approach—favoring multiple small, value-accretive deals over large, costly ones—m...
Discount Dividends: 2 Irresistible Bargains Hiding In Plain Sight
The market's rebound is impressive, but risks like sticky inflation and high valuations remain. I'm avoiding bonds and focusing on undervalued stocks with strong fundamentals and dividend potential. M...
Permian Resources Expands Smartly While Competitors Hold Back
Permian Resources delivers top-tier free cash flow and cost efficiency, outperforming peers in the Delaware Basin. Permian Resources is expanding strategically through accretive acquisitions and oppor...
Permian Resources: Statistically Tied To Brent, Fundamentally Built For Upside
Permian Resources delivered strong Q1 2025 results: production, revenue, and free cash flow all surged while debt and costs declined, boosting shareholder returns. Strategic acquisitions, asset sales,...
Historic Buying Opportunity: 5-7% Yields With Big Buybacks And Deep Discounts To NAV
Being able to buy high-yield, high-buyback stocks with solid balance sheets at deep discounts to NAV is extremely rare. However, there are several opportunities like this in today's market. I share tw...
Permian Resources: Strong Production Metrics Make It A Buy (Technical Analysis)
Permian Resources is a solid buy due to resilient Q1 results, strong production figures, and a nearly 7% yield, despite oil price headwinds. Technical analysis shows a potential breakout from the long...
Permian Resources: Increasing Scale With Its Northern Delaware Basin Acquisition
Permian Resources Corporation made a $608 million acquisition of Northern Delaware Basin assets that can be paid for with cash on hand. This adds several percent to PR production and boosts its projec...
Permian Resources Corporation (PR) Q1 2025 Earnings Call Transcript
Permian Resources Corporation (NYSE:PR) Q1 2025 Earnings Conference Call May 8, 2025 10:00 AM ET Company Participants Hays Mabry – Vice President-Relations Will Hickey – Co-Chief Executive Officer Ja...
Permian Resources Announces Strong First Quarter 2025 Results, Revised 2025 Guidance and Strategic Bolt-On Acquisition of Core Northern Delaware Basin Assets
MIDLAND, Texas--(BUSINESS WIRE)--PR Announces Strong First Quarter 2025 Results, Revised 2025 Guidance and Strategic Bolt-On Acquisition of Core Northern Delaware Basin Assets.
Permian Resources Declares Quarterly Cash Dividend
MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Declares Quarterly Cash Dividend.
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Permian Resources: An Excellent Option In These Times Of High Volatility
Permian Resources focuses on liquid fossil fuel development in the Delaware Basin, showing strong management and shareholder-friendly policies. The company's recent acquisition of 29,500 net acres fro...
Permian Resources: A Cheap Texas Energy Stock With Solid Fundamentals
Permian Resources gets a buy rating today, in line with the bullish consensus. Strong points are the profit margin, Fitch upgrade in 2024, low debt/equity, and new business acquisitions last year to d...
Permian Resources Announces First Quarter 2025 Earnings Conference Call
MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Announces First Quarter 2025 Earnings Conference Call.
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Permian Resources: The Company That Will Ride Oil Volatility
Permian Resources, with its efficient, data-driven, low-cost approach, is a compelling buy despite lower WTI prices, offering strong growth potential in the volatile O&G sector. The company has signif...
Permian Resources Corporation (PR) Q4 2024 Earnings Call Transcript
Permian Resources Corporation (NYSE:PR) Q4 2024 Earnings Conference Call February 26, 2024 10:00 AM ET Company Participants Hays Mabry - VP, IR Will Hickey - Co-CEO James Walter - Co-CEO Guy Oliphint...
Permian Resources Announces Strong Fourth Quarter 2024 Results and Provides Full Year 2025 Plan with Increased Capital Efficiency
MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced its fourth quarter and full year 2024 financial and operational results...