Top-Rated StocksTop-RatedTop MarketRank™ StocksTop MarketRank™NASDAQ:PR Permian Resources (PR) Stock Price, News & Analysis $15.31 -0.08 (-0.52%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$15.03▼$15.4850-Day Range$15.04▼$16.7952-Week Range$10.93▼$18.28Volume8.88 million shsAverage Volume9.91 million shsMarket Capitalization$11.79 billionP/E Ratio13.92Dividend Yield1.57%Price Target$20.43 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsTrends Get Permian Resources alerts: Email Address Permian Resources MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.94 Rating ScoreUpside/Downside33.4% Upside$20.43 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.94Based on 12 Articles This WeekInsider TradingSelling Shares$1.07 M Sold Last QuarterProj. Earnings Growth13.45%From $1.71 to $1.94 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.96 out of 5 starsOils/Energy Sector4th out of 248 stocksCrude Petroleum & Natural Gas Industry2nd out of 80 stocks 4.5 Analyst's Opinion Consensus RatingPermian Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.94, and is based on 13 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoveragePermian Resources has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Permian Resources' stock forecast and price target. 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 1.53%, 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 21.82%. 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 12.37% next year. This indicates that Permian Resources will be able to sustain or increase its dividend.Read more about Permian Resources' 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 3.3 News and Social Media Coverage News SentimentPermian Resources has a news sentiment score of 0.94. 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 0.50 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Permian Resources this week, compared to 6 articles on an average week.Search Interest75 people have searched for PR on MarketBeat in the last 30 days. This is an increase of 838% compared to the previous 30 days.MarketBeat FollowsOnly 10 people have added Permian Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 $1,067,300.00 in company stock.Percentage Held by Insiders12.80% 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 Institutions91.84% 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. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Permian Resources are expected to grow by 13.45% in the coming year, from $1.71 to $1.94 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Permian Resources is 13.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.45.Price to Earnings Ratio vs. SectorThe P/E ratio of Permian Resources is 13.92, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.75.Price to Earnings Growth RatioPermian Resources has a PEG Ratio of 0.60. PEG Ratios below 1 indicate that a company could be undervalued.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.Read more about Permian Resources' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIWe’re in a code red crisis and 99% of Americans are clueless Folks, it's 2024… Things that we used to rely on - are failing us. Take the phasing out of fossil fuels… Matched with the destruction of oil refineries around the world… And the outright failure of solar and wind technologies… But there is just one solution… And right now governments around the world are stockpiling this resource at the fastest rate in DECADES! And how YOU can prepare for the next 2024 BOOM 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. 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.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 HeadlinesJuly 26 at 1:49 PM | investorplace.comHot Stocks: Top 3 Analyst Upgrades You Can't Ignore in JulyJuly 24 at 12:35 PM | investorplace.com3 Energy Stocks to Buy on the Dip: July 2024July 26, 2024 | MarketBeat (Ad)We just added a $300 account credit to your MarketBeat subscriptionMarketBeat All Access is our complete suite of portfolio monitoring software, research tools, stock screeners, proprietary reports, and more. Upgrade today and get $300 off your 2024-2025 subscription. Free for 30 days.July 23 at 6:12 AM | americanbankingnews.comPermian Resources (NASDAQ:PR) Price Target Lowered to $21.00 at Truist FinancialJuly 21, 2024 | americanbankingnews.comContrasting Viking Energy Group (OTCMKTS:VKIN) & Permian Resources (NASDAQ:PR)July 19, 2024 | americanbankingnews.comPermian Resources (NASDAQ:PR) Receives New Coverage from Analysts at Wolfe ResearchJuly 11, 2024 | investorplace.com7 High-Growth Energy Stocks Ready to ExplodeJuly 5, 2024 | investorplace.com3 Rock-Solid Stocks for Worry-Free Retirement InvestingJuly 26, 2024 | MarketBeat (Ad)We just added a $300 account credit to your MarketBeat subscriptionMarketBeat All Access is our complete suite of portfolio monitoring software, research tools, stock screeners, proprietary reports, and more. Upgrade today and get $300 off your 2024-2025 subscription. Free for 30 days.July 3, 2024 | benzinga.comThis Oil And Gas Company Has 'Top-Tier Cost Structure, Strong Operational Performance': AnalystJuly 2, 2024 | seekingalpha.comPermian Resources: Increased Synergies From Earthstone IntegrationJune 29, 2024 | investorplace.com3 High-Yield Stocks to Buy Now for Explosive ReturnsJune 18, 2024 | businesswire.comPermian Resources Extends Registration Rights Agreement with its Private Equity Stockholders and Announces Further Reduction in its Sponsor OwnershipMay 30, 2024 | barrons.comOil Mergers Are Taking Off. These Stocks Stand to Win or Lose.May 25, 2024 | nasdaq.comPermian Resources Finalizes Subsidiary LiquidationMay 24, 2024 | businesswire.comPermian Resources Completes Liquidation of Lynden Energy Corp. by Making Application to Cease to be a Reporting Issuer in CanadaMay 18, 2024 | finance.yahoo.comInsider Sale: Director Jeffrey Tepper Sells 65,000 Shares of Permian Resources Corp (PR)May 14, 2024 | finance.yahoo.comWhile shareholders of Permian Resources (NYSE:PR) are in the black over 3 years, those who bought a week ago aren't so fortunateSee 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 Earnings5/07/2024Ex-Dividend for 5/29 Dividend5/20/2024Dividend Payable5/29/2024Today7/26/2024Next Earnings (Confirmed)8/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryPetroleum And Natural Gas Current SymbolNASDAQ:PR CUSIPN/A CIK1658566 WebN/A Phone(432) 695-4222FaxN/AEmployees220Year FoundedN/APrice Target and Rating Average Stock Price Target$20.43 High Stock Price Target$24.00 Low Stock Price Target$17.00 Potential Upside/Downside+33.4%Consensus RatingModerate Buy Rating Score (0-4)2.94 Research Coverage16 Analysts Profitability EPS (Most Recent Fiscal Year)$1.10 Trailing P/E Ratio13.92 Forward P/E Ratio8.95 P/E Growth0.6Net Income$476.31 million Net Margins13.90% Pretax Margin28.29% Return on Equity11.43% Return on Assets7.23% Debt Debt-to-Equity Ratio0.42 Current Ratio0.55 Quick Ratio0.55 Sales & Book Value Annual Sales$3.75 billion Price / Sales3.15 Cash Flow$2.27 per share Price / Cash Flow6.73 Book Value$11.96 per share Price / Book1.28Miscellaneous Outstanding Shares769,950,000Free Float671,396,000Market Cap$11.79 billion OptionableOptionable Beta4.37 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.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. Brent P. Jensen (Age 54)Senior VP & Chief Accounting Officer Comp: $972.36kMr. John C. Bell (Age 38)Executive VP & General Counsel Comp: $484.4kMr. Matthew R. Garrison (Age 42)Executive Vice President Comp: $1.17MMr. Guy M. Oliphint (Age 44)Executive VP & CFO Mr. Hays MabryDirector of Investor RelationsMs. Kathleen M. PhillipsVice President of Human ResourcesMr. William A. WeidigVice President of Finance & TreasurerMore ExecutivesKey CompetitorsEcopetrolNYSE:ECCoterra EnergyNYSE:CTRAChesapeake EnergyNASDAQ:CHKHess MidstreamNYSE:HESMChord EnergyNASDAQ:CHRDView All CompetitorsInsiders & InstitutionsAllspring Global Investments Holdings LLCSold 12,215 shares on 7/26/2024Ownership: 0.079%Verdence Capital Advisors LLCBought 7,915 shares on 7/26/2024Ownership: 0.034%State of Michigan Retirement SystemBought 11,000 shares on 7/26/2024Ownership: 0.016%Cambridge Investment Research Advisors Inc.Bought 85,499 shares on 7/26/2024Ownership: 0.013%AlphaCentric Advisors LLCBought 7,683 shares on 7/26/2024Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions PR Stock Analysis - Frequently Asked Questions How have PR shares performed this year? Permian Resources' stock was trading at $13.60 at the beginning of 2024. Since then, PR shares have increased by 12.6% and is now trading at $15.31. View the best growth stocks for 2024 here. How were Permian Resources' earnings last quarter? Permian Resources Co. (NASDAQ:PR) announced its earnings results on Tuesday, May, 7th. The company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.36 by $0.06. The firm earned $1.24 billion during the quarter, compared to analyst estimates of $1.17 billion. Permian Resources had a net margin of 13.90% and a trailing twelve-month return on equity of 11.43%. Who are Permian Resources' major shareholders? Permian Resources' top institutional shareholders include Bank of New York Mellon Corp (1.56%), Vaughan Nelson Investment Management L.P. (0.44%), Leeward Investments LLC MA (0.30%) and Retirement Systems of Alabama (0.08%). Insiders that own company stock include William J Quinn, Silver Run Sponsor, Llc, Xi Us Holdings LP Ngp, Encap Partners Gp, Llc, Matthew R Garrison, Brent P Jensen, Robert John Anderson, Jeffrey Tepper, Guy M Oliphint, John Charles Bell 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. Compare Top Brokerages Here. This page (NASDAQ:PR) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. 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