Permian Resources (PR) Stock Price, News & Analysis

Company Overview

Permian Resources Corporation, an independent oil and natural gas company, focuses on the development of crude oil and related 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 West Texas, Eddy County, Lea County, and 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 Corporation was incorporated in 2015 and is headquartered in Midland, Texas.

Key Stats

• Today's Range: $13.15 to $13.58
• 50-Day Range: $12.99 to $14.95
• 52-Week Range: $10.01 to $16.33
• Volume: 9.18 million shs
• Average Volume: 10.16 million shs
• Market Capitalization: $10.88 billion
• P/E Ratio: 8.80
• Dividend Yield: 4.43%
• Price Target: $18.53
• Consensus Rating: Buy

Permian Resources Stock Analysis - MarketRank™

Permian Resources scored higher than 93% of companies evaluated by MarketBeat, and ranked 28th out of 273 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.5 / 5
• Analyst Rating: Buy

Consensus Rating

Permian Resources has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 12 buy ratings, no hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Permian Resources has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 12.41%

Earnings Growth

Earnings for Permian Resources are expected to grow by 12.41% in the coming year, from $1.45 to $1.63 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Permian Resources is 8.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 28.51.

Price to Earnings Ratio vs. Sector

The P/E ratio of Permian Resources is 8.79, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 74.72.

Price to Book Value per Share Ratio

Permian Resources has a P/B Ratio of 1.00. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

8.52% 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 4.1.

Change versus previous month

Short interest in Permian Resources has recently increased by 5.76%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Permian Resources is a leading dividend payer. It pays a dividend yield of 4.62%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of Permian Resources is 38.96%. 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 36.81% next year. This indicates that Permian Resources will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

8.52% 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 4.1.

Change versus previous month

Short interest in Permian Resources has recently increased by 5.76%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.48

News Sentiment

Permian Resources has a news sentiment score of 0.48. 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 is a lower news sentiment than the 0.73 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 17 news articles for Permian Resources this week, compared to 11 articles on an average week.

Search Interest

17 people have searched for PR on MarketBeat in the last 30 days. This is an increase of 31% compared to the previous 30 days.

MarketBeat Follows

9 people have added Permian Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 29% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Permian Resources insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 6.44% 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.

PR Stock Analysis - Frequently Asked Questions

How have PR shares performed this year?

Permian Resources' stock was trading at $14.38 at the start of the year. Since then, PR stock has decreased by 5.9% and is now trading at $13.5290.

How were Permian Resources' earnings last quarter?

Permian Resources Corporation (NYSE:PR) posted its earnings results on Wednesday, August, 6th. The company reported $0.27 EPS for the quarter, hitting the consensus estimate of $0.27. The business's revenue was down 3.9% compared to the same quarter last year.
Read the conference call transcript.

Who are Permian Resources' major shareholders?

Permian Resources' top institutional investors include Bank of New York Mellon Corp (2.98%), State Street Corp (2.76%), Massachusetts Financial Services Co. MA (2.12%) and Geode Capital Management LLC (1.43%). Insiders that own company stock include Silver Run Sponsor, Llc, Xi Us Holdings LP Ngp, Encap Partners Gp, Llc, Matthew R Garrison, Brent P Jensen, William J Quinn, Robert John Anderson, Jeffrey Tepper, Guy M Oliphint, John Charles Bell, Robert Regan Shannon and William M Hickey III.
View institutional ownership trends.

How do I buy shares of Permian Resources?

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.

What other stocks do shareholders of Permian Resources own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Permian Resources investors own include NVIDIA (NVDA), Invesco QQQ (QQQ), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Arista Networks (ANET) and CrowdStrike (CRWD).

Company Calendar

• Record date for 6/30 Dividend: 6/16/2025
• Ex-Dividend for 6/30 Dividend: 6/16/2025
• Dividend Payable: 6/30/2025
• Last Earnings: 8/06/2025
• Today: 8/14/2025
• Record date for 9/30 Dividend: 9/16/2025
• Ex-Dividend for 9/30 Dividend: 9/16/2025
• Dividend Payable: 9/30/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: OIL - US EXP&PROD
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NYSE:PR
• Previous Symbol: NASDAQ:PR
• CIK: 1658566
• Web: N/A
• Phone: (432) 695-4222
• Fax: N/A
• Employees: 220
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Permian Resources: $18.53
• High Price Target: $23.00
• Low Price Target: $14.00
• Potential Upside/Downside: +37.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 15 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.54
• Trailing P/E Ratio: 8.77
• Forward P/E Ratio: 9.31
• P/E Growth: N/A
• Net Income: $984.70 million
• Net Margins: 22.41%
• Pretax Margin: 33.02%
• Return on Equity: 10.91%
• Return on Assets: 6.83%

Debt

• Debt-to-Equity Ratio: 0.34
• Current Ratio: 0.63
• Quick Ratio: 0.63

Sales & Book Value

• Annual Sales: $5.09 billion
• Price / Sales: 2.13
• Cash Flow: $3.75 per share
• Price / Cash Flow: 3.60
• Book Value: $13.57 per share
• Price / Book: 1.00

Miscellaneous

• Outstanding Shares: 803,499,000
• Free Float: 751,754,000
• Market Cap: $10.85 billion
• Optionable: Optionable
• Beta: 1.32