Top-Rated StocksTop-Rated Permian Resources Stock Price, News & Analysis (NASDAQ:PR) $12.95 +0.24 (+1.89%) (As of 12/8/2023 ET) Add Compare Share Share Today's Range$12.78▼$13.0250-Day Range$12.52▼$15.4652-Week Range$8.43▼$15.49Volume9.44 million shsAverage Volume6.79 million shsMarket Capitalization$10.02 billionP/E Ratio14.23Dividend Yield1.54%Price Target$16.15 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsSocial Media Permian Resources MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.86 Rating ScoreUpside/Downside24.7% Upside$16.15 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.82Based on 12 Articles This WeekInsider TradingSelling Shares$313.15 M Sold Last QuarterProj. Earnings Growth20.26%From $1.53 to $1.84 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.04 out of 5 starsOils/Energy Sector4th out of 234 stocksCrude Petroleum & Natural Gas Industry3rd out of 71 stocks 3.4 Analyst's Opinion Consensus RatingPermian Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 12 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $16.15, Permian Resources has a forecasted upside of 24.7% from its current price of $12.95.Amount of Analyst CoveragePermian Resources has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for PR. Previous Next 2.5 Dividend Strength Dividend YieldPermian Resources pays a meaningful dividend of 1.57%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPermian Resources does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Permian Resources is 21.98%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Permian Resources will have a dividend payout ratio of 10.87% next year. This indicates that Permian Resources will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PR. Previous Next 3.2 News and Social Media Coverage News SentimentPermian Resources has a news sentiment score of 0.82. 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 higher news sentiment than the 0.62 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Permian Resources this week, compared to 4 articles on an average week.Search Interest28 people have searched for PR on MarketBeat in the last 30 days. This is an increase of 47% compared to the previous 30 days.MarketBeat FollowsOnly 9 people have added Permian Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of -36% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn 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 $313,146,148.00 in company stock.Percentage Held by Insiders23.14% of the stock of Permian Resources is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions53.49% of the stock of Permian Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Permian Resources are expected to grow by 20.26% in the coming year, from $1.53 to $1.84 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Permian Resources is 14.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.33.Price to Earnings Ratio vs. SectorThe P/E ratio of Permian Resources is 14.23, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.78.Price to Book Value per Share RatioPermian Resources has a P/B Ratio of 1.28. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Permian Resources Stock (NASDAQ:PR)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. Its assets primarily focus on the Delaware Basin, a sub-basin of the Permian Basin. The company's properties consist of acreage blocks in Reeves County, West Texas and Lea County, 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.Read More PR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PR Stock News HeadlinesDecember 8, 2023 | finance.yahoo.comDo Options Traders Know Something About Permian Resources (PR) Stock We Don't?December 7, 2023 | finance.yahoo.comPermian Resources Announces Pricing of $500.0 Million Private Placement of Additional 7.000% Senior Notes Due 2032December 9, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comDecember 7, 2023 | finance.yahoo.comPermian Resources Announces $500.0 Million Private Placement of Additional 7.000% Senior Notes Due 2032December 6, 2023 | americanbankingnews.comTraders Buy Large Volume of Call Options on Permian Resources (NASDAQ:PR)December 3, 2023 | uk.sports.yahoo.comThose who invested in Permian Resources (NYSE:PR) three years ago are up 828%December 3, 2023 | americanbankingnews.comBrokerages Set Permian Resources Co. (NASDAQ:PR) PT at $16.31December 1, 2023 | americanbankingnews.comPermian Resources (NASDAQ:PR) Price Target Cut to $18.00 by Analysts at Stifel NicolausDecember 9, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 17, 2023 | finance.yahoo.comPermian Resources Corp's Dividend AnalysisNovember 15, 2023 | markets.businessinsider.comBuy Rating for Permian Resources: Competitive Advantage, Strong Growth, and High Shareholder Value ReturnNovember 15, 2023 | markets.businessinsider.comWhat 14 Analyst Ratings Have To Say About Permian ResourcesNovember 14, 2023 | seekingalpha.comPermian Resources: Solid Q3 And Completed AcquisitionNovember 12, 2023 | finance.yahoo.comPermian Resources (NYSE:PR) Could Be A Buy For Its Upcoming DividendNovember 12, 2023 | finance.yahoo.comPermian Resources Corporation (NYSE:PR) Q3 2023 Earnings Call TranscriptNovember 10, 2023 | markets.businessinsider.comPromising Operational Efficiencies and Future Forecasts Bolster Buy Rating for Permian ResourcesNovember 9, 2023 | nz.news.yahoo.comQ3 2023 Permian Resources Corp Earnings CallNovember 8, 2023 | msn.comPermian Resources (PR) Lags Q3 Earnings EstimatesNovember 8, 2023 | finance.yahoo.comCompared to Estimates, Permian Resources (PR) Q3 Earnings: A Look at Key MetricsNovember 6, 2023 | msn.comFive potential takeover targets in the oil industry, following deals by Exxon Mobil and ChevronNovember 6, 2023 | finance.yahoo.comIs a Surprise Coming for Permian (PR) This Earnings Season?November 5, 2023 | finance.yahoo.comAre Investors Undervaluing Permian Resources Corporation (NYSE:PR) By 44%?October 26, 2023 | finance.yahoo.comWall Street’s Best Analyst Bets on These 3 Energy Stocks — Here’s Why You Might Want to Follow His LeadOctober 24, 2023 | msn.com3 Permian Basin Hotshots Near Buy Points Amid Takeover Fever After ExxonMobil, Chevron DealsOctober 12, 2023 | bizjournals.comExxon megadeal 'definitely feels a little bit different,' could lead to Permian consolidation and growthOctober 11, 2023 | msn.comExxon Is Buying Pioneer. Why Drilling at Home Looks Smart.October 11, 2023 | msn.comWill ExxonMobil's $60B Pioneer Megadeal Spur Permian M&A?See More Headlines Receive PR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Permian Resources and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/07/2023Ex-Dividend for 11/28 Dividend11/17/2023Dividend Payable11/28/2023Today12/09/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/28/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Crude petroleum & natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNASDAQ:PR CUSIPN/A CIK1658566 WebN/A Phone(432) 695-4222FaxN/AEmployees218Year FoundedN/APrice Target and Rating Average Stock Price Target$16.15 High Stock Price Target$19.00 Low Stock Price Target$15.00 Potential Upside/Downside+24.7%Consensus RatingModerate Buy Rating Score (0-4)2.86 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$0.91 Trailing P/E Ratio14.23 Forward P/E Ratio8.46 P/E GrowthN/ANet Income$515.04 million Net Margins11.02% Pretax Margin28.40% Return on Equity12.03% Return on Assets7.95% Debt Debt-to-Equity Ratio0.38 Current Ratio0.74 Quick Ratio0.74 Sales & Book Value Annual Sales$2.13 billion Price / Sales4.70 Cash Flow$1.71 per share Price / Cash Flow7.57 Book Value$10.14 per share Price / Book1.28Miscellaneous Outstanding Shares773,770,000Free Float594,717,000Market Cap$10.02 billion OptionableOptionable Beta4.25 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. William M. Hickey III (Age 36)Director & Co-CEO Mr. James H. Walter (Age 35)Director & Co-CEO Mr. Matthew R. Garrison (Age 41)Executive VP & COO Comp: $1.17MMr. Brent P. Jensen (Age 53)Senior VP & Chief Accounting Officer Comp: $972.36kMr. John C. Bell (Age 37)Executive VP & General Counsel Comp: $484.4kMr. Guy Oliphint (Age 43)Executive VP & CFO Mr. Hays MabryDirector of Investor RelationsMs. Kathleen M. PhillipsVice President of Human ResourcesMr. William A. WeidigVice President of Finance & TreasurerMore ExecutivesKey CompetitorsAPANASDAQ:APAOvintivNYSE:OVVRange ResourcesNYSE:RRCSouthwestern EnergyNYSE:SWNAntero ResourcesNYSE:ARView All CompetitorsInsiders & InstitutionsRR Advisors LLCBought 89,000 shares on 12/5/2023Ownership: 0.060%Tucker Asset Management LLCBought 4,298 shares on 12/4/2023Ownership: 0.001%American Century Companies Inc.Bought 29,791 shares on 11/30/2023Ownership: 0.182%Deutsche Bank AGBought 26,393 shares on 11/24/2023Ownership: 0.018%Walleye Trading LLCBought 5,000 shares on 11/21/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions PR Stock Analysis - Frequently Asked Questions Should I buy or sell Permian Resources stock right now? 14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Permian Resources in the last twelve months. There are currently 2 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PR shares. View PR analyst ratings or view top-rated stocks. What is Permian Resources' stock price target for 2024? 14 brokerages have issued 12 month target prices for Permian Resources' stock. Their PR share price targets range from $15.00 to $19.00. On average, they predict the company's share price to reach $16.15 in the next twelve months. This suggests a possible upside of 24.7% from the stock's current price. View analysts price targets for PR or view top-rated stocks among Wall Street analysts. How have PR shares performed in 2023? Permian Resources' stock was trading at $9.40 at the start of the year. Since then, PR stock has increased by 37.8% and is now trading at $12.95. View the best growth stocks for 2023 here. When is Permian Resources' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024. View our PR earnings forecast. How were Permian Resources' earnings last quarter? Permian Resources Co. (NASDAQ:PR) posted its quarterly earnings data on Tuesday, November, 7th. The company reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.39 by $0.03. Permian Resources had a net margin of 11.02% and a trailing twelve-month return on equity of 12.03%. How often does Permian Resources pay dividends? What is the dividend yield for Permian Resources? Permian Resources declared a quarterly dividend on Tuesday, November 7th. Stockholders of record on Monday, November 20th will be given a dividend of $0.05 per share on Tuesday, November 28th. This represents a $0.20 annualized dividend and a yield of 1.54%. The ex-dividend date is Friday, November 17th. Read our dividend analysis for PR. Is Permian Resources a good dividend stock? Permian Resources (NASDAQ:PR) pays an annual dividend of $0.20 per share and currently has a dividend yield of 1.57%. The dividend payout ratio is 21.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PR will have a dividend payout ratio of 10.87% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PR. What ETFs hold Permian Resources' stock? ETFs with the largest weight of Permian Resources (NASDAQ:PR) stock in their portfolio include Invesco Dorsey Wright Energy Momentum ETF (PXI), Invesco Energy Exploration & Production ETF (PXE), Cambria Value and Momentum ETF (VAMO), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), First Trust Natural Gas ETF (FCG), Nuveen Small Cap Select ETF (NSCS), Amplify Natural Resources Dividend Income ETF (NDIV) and Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (GUSH). Who are Permian Resources' major shareholders? Permian Resources' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include River Road Asset Management LLC (1.35%), Massachusetts Financial Services Co. MA (1.18%), Jennison Associates LLC (0.97%), Victory Capital Management Inc. (0.88%), Westfield Capital Management Co. LP (0.69%) and Ranger Investment Management L.P. (0.66%). Insiders that own company stock include Brent P Jensen, John Charles Bell, Matthew R Garrison, Silver Run Sponsor, Llc and Xi Us Holdings LP Ngp. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NASDAQ:PR) was last updated on 12/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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