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Permian Resources (PR) Stock Price, News & Analysis

Permian Resources logo
$25.54 +1.14 (+4.68%)
Closing price 10/23/2026 03:59 PM Eastern
Extended Trading
$25.60 +0.06 (+0.23%)
As of 10/23/2026 07:58 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Permian Resources Stock (NYSE:PR)

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Key Stats

Today's Range
$24.49
▼
$25.68
50-Day Range
$21.13
▼
$25.54
52-Week Range
$12.06
▼
$25.68
Volume
9.62 million shs
Average Volume
8.69 million shs
Market Capitalization
$21.39 billion
P/E Ratio
16.92
Dividend Yield
2.51%
Price Target
$26.39
Consensus Rating
Buy

Company Overview

Permian Resources Corporation (NYSE: PR) is an independent oil and natural gas company focused on the acquisition, development, and production of hydrocarbons in the Permian Basin. Its operations are concentrated in the Delaware Basin, a prolific oil-producing region spanning southeastern New Mexico and West Texas.

The company’s production portfolio includes crude oil, natural gas, and natural gas liquids. Permian Resources develops its acreage through horizontal drilling and multi-well development programs, with activities that include drilling, completion, production, and infrastructure management. Its operations are primarily focused on efficiently developing high-quality unconventional oil and gas resources.

Permian Resources was formed in 2022 through the combination of Centennial Resource Development and privately held Colgate Energy. The company is headquartered in Midland, Texas, and is led by Chief Executive Officer Will Hickey.

AI Generated. May Contain Errors.

Permian Resources Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
73rd Percentile Overall Score

PR MarketRank™: 
3.64703514891 of 5 stars

Permian Resources scored higher than 73% of companies evaluated by MarketBeat, and ranked 59th out of 243 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Permian Resources has received a consensus rating of Buy. The company's average rating score is 3.14, and is based on 5 strong buy ratings, 15 buy ratings, 2 hold ratings, and no sell ratings.

  • Upside/Downside

    The consensus price target for Permian Resources is close to its current price, suggesting limited near-term upside or downside.

  • Amount of Analyst Coverage

    Permian Resources has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Permian Resources' stock forecast and price target.
  • Earnings Growth

    Earnings for Permian Resources are expected to grow by 7.00% in the coming year, from $2.43 to $2.60 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Permian Resources is 16.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.37.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Permian Resources is 16.92, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 20.66.

  • Price to Book Value per Share Ratio

    Permian Resources has a P/B Ratio of 1.85. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Permian Resources' valuation and earnings.
  • Percentage of Shares Shorted

    3.56% of the float of Permian Resources has been sold short.
  • Short Interest Ratio / Days to Cover

    Permian Resources has a short interest ratio ("days to cover") of 2.37, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Permian Resources has recently increased by 39.78%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Permian Resources pays a meaningful dividend of 2.62%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Permian Resources has only been increasing its dividend for 1 years.

  • Dividend Coverage

    The dividend payout ratio of Permian Resources is 42.38%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Permian Resources will have a dividend payout ratio of 24.62% next year. This indicates that Permian Resources will be able to sustain or increase its dividend.

  • Read more about Permian Resources' dividend.
  • News Sentiment

    Permian Resources has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for Permian Resources this week, compared to 5 articles on an average week.
  • Search Interest

    Only 8 people have searched for PR on MarketBeat in the last 30 days. This is a decrease of -58% compared to the previous 30 days.
  • MarketBeat Follows

    15 people have added Permian Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 114% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Permian Resources insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $372,851.00 in company stock.

  • Percentage Held by Insiders

    5.00% of the stock of Permian Resources is held by insiders.

  • Percentage Held by Institutions

    91.84% of the stock of Permian Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Permian Resources' insider trading history.
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PR Stock News Headlines

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ETFs Are Net Sellers of Permian Resources (PR) on Wednesday
See More Headlines

PR Stock Analysis - Frequently Asked Questions

Permian Resources' stock was trading at $14.04 at the beginning of 2026. Since then, PR stock has increased by 81.9% and is now trading at $25.5420.

Permian Resources Corporation (NYSE:PR) issued its quarterly earnings data on Wednesday, August, 5th. The company reported $0.69 earnings per share for the quarter, beating analysts' consensus estimates of $0.59 by $0.10. Permian Resources's revenue for the quarter was up 55.1% compared to the same quarter last year.
Read the conference call transcript
.

Top institutional investors of Permian Resources include Leeward Investments LLC MA (0.21%), Perpetual Ltd (0.15%), Ninety One UK Ltd (0.14%) and Viking Fund Management LLC (0.05%). Insiders that own company stock include Encap Partners Gp, Llc, James H Walter, William M Hickey III, William J Quinn, John Charles Bell, Robert Regan Shannon, Brent P Jensen, Guy M Oliphint, Robert John Anderson, Jeffrey Tepper and Aron Marquez.
View institutional ownership trends
.

Shares of PR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Permian Resources investors own include NVIDIA (NVDA), Energy Transfer (ET), Palantir Technologies (PLTR), Advanced Micro Devices (AMD), Micron Technology (MU), Chevron (CVX) and ExxonMobil (XOM).

Company Calendar

Last Earnings
8/05/2026
Record date for 9/30 Dividend
9/16/2026
Ex-Dividend for 9/30 Dividend
9/16/2026
Dividend Payable
9/30/2026
Today
10/25/2026
Next Earnings (Estimated)
11/04/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Sub-Industry
Oil & Gas Exploration & Production
Current Symbol
NYSE:PR
Previous Symbol
NASDAQ:PR
CIK
1658566
Fax
N/A
Employees
515
Year Founded
2021

Price Target and Rating

High Price Target
$30.00
Low Price Target
$16.00
Potential Upside/Downside
+3.3%
Consensus Rating
Buy
Rating Score (0-4)
3.14
Research Coverage
22 Analysts

Profitability

EPS (Trailing Twelve Months)
$1.51
Trailing P/E Ratio
16.92
Forward P/E Ratio
10.51
P/E Growth
N/A
Net Income
$935.17 million
Net Margins
21.52%
Pretax Margin
29.01%
Return on Equity
13.47%
Return on Assets
8.66%

Debt

Debt-to-Equity Ratio
0.25
Current Ratio
0.62
Quick Ratio
0.62

Sales & Book Value

Annual Sales
$5.74 billion
Price / Sales
3.73
Cash Flow
$3.90 per share
Price / Cash Flow
6.55
Book Value
$13.79 per share
Price / Book
1.85

Miscellaneous

Outstanding Shares
837,557,000
Free Float
795,679,000
Market Cap
$21.39 billion
Optionable
Optionable
Beta
0.66

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This page (NYSE:PR) was last updated on 10/23/2026 by MarketBeat.com Staff.
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