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Permian Resources (PR) Stock Price, News & Analysis

Permian Resources logo
$21.32 -0.05 (-0.21%)
Closing price 03:59 PM Eastern
Extended Trading
$21.49 +0.17 (+0.82%)
As of 07:57 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
$21.26
▼
$21.69
50-Day Range
$19.78
▼
$24.49
52-Week Range
$11.92
▼
$24.65
Volume
8.19 million shs
Average Volume
10.04 million shs
Market Capitalization
$17.85 billion
P/E Ratio
14.12
Dividend Yield
3.00%
Price Target
$24.83
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 hydrocarbon resources in the Permian Basin. Its operations are concentrated in the Delaware and Midland basins of West Texas and southeastern New Mexico, where it develops primarily unconventional oil and natural gas properties.

The company’s production includes crude oil, natural gas and natural gas liquids. Permian Resources operates a portfolio of acreage and drilling locations and uses horizontal drilling and hydraulic fracturing technologies to develop its resources. Its activities also include well completion, production optimization and related field operations.

Permian Resources was formed through the 2022 merger of Colgate Energy and Centennial Resource Development. The company is headquartered in Midland, Texas, and is led by President and Chief Executive Officer James Walter.

AI Generated. May Contain Errors.

Permian Resources Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
85th Percentile Overall Score

PR MarketRank™: 

Permian Resources scored higher than 85% of companies evaluated by MarketBeat, and ranked 53rd out of 252 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 3.09, and is based on 5 strong buy ratings, 14 buy ratings, 3 hold ratings, and no sell ratings.

  • Upside Potential

    Permian Resources has a consensus price target of $24.83, representing about 16.5% upside from its current price of $21.32.

  • Amount of Analyst Coverage

    Permian Resources has been the subject of 11 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 decrease by -1.32% in the coming year, from $2.27 to $2.24 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Permian Resources is 14.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.82.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Permian Resources is 14.12, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 20.48.

  • Price to Book Value per Share Ratio

    Permian Resources has a P/B Ratio of 1.55. 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

    2.55% 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 2.43, 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 2.68%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Permian Resources pays a meaningful dividend of 3.00%, 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 28.57% 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 0.67. 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 7 news articles for Permian Resources this week, compared to 6 articles on an average week.
  • Search Interest

    Only 14 people have searched for PR on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.
  • MarketBeat Follows

    16 people have added Permian Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 60% 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

Permian Resources (PR): Is Its Record Free Cash Flow Sustainable?
Permian Resources Corporation Is Good For Almost Any Environment
Analyst nicknamed “The Prophet” issues new warning for America
Whitney Tilson exposed a major company on 60 Minutes in an Emmy-winning investigation - the stock lost nearly 80% afterward. He also called the housing crisis and the collapse of Bear Stearns and Lehman Brothers before they happened. Now Tilson says the day after this year's midterm elections, America enters a period of economic change unlike anything seen in decades - and most investors are unprepared.tc pixel
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 51.8% and is now trading at $21.3150.

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, topping the consensus estimate of $0.59 by $0.10. Permian Resources's quarterly revenue was up 55.1% on a year-over-year basis.
Read the conference call transcript
.

Top institutional investors of Permian Resources include Wellington Management Group LLP (2.41%), California State Teachers Retirement System (0.11%), Ranger Investment Management L.P. (0.10%) and Readystate Asset Management LP (0.06%). 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), 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
6/16/2026
Ex-Dividend for 6/30 Dividend
6/16/2026
Dividend Payable
6/30/2026
Last Earnings
8/05/2026
Record date for 9/30 Dividend
9/16/2026
Ex-Dividend for 9/30 Dividend
9/16/2026
Today
9/28/2026
Dividend Payable
9/30/2026
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
+16.5%
Consensus Rating
Buy
Rating Score (0-4)
3.09
Research Coverage
22 Analysts

Profitability

EPS (Trailing Twelve Months)
$1.51
Trailing P/E Ratio
11.74
Forward P/E Ratio
9.39
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
$5.07 billion
Price / Sales
3.52
Cash Flow
$3.88 per share
Price / Cash Flow
5.49
Book Value
$13.79 per share
Price / Book
1.55

Miscellaneous

Outstanding Shares
837,560,000
Free Float
795,679,000
Market Cap
$17.85 billion
Optionable
Optionable
Beta
0.49

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This page (NYSE:PR) was last updated on 9/28/2026 by MarketBeat.com Staff.
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