Go Pro

Permian Resources (PR) Stock Price, News & Analysis

Permian Resources logo
$22.89 -1.60 (-6.52%)
Closing price 09/16/2026 03:59 PM Eastern
Extended Trading
$23.00 +0.11 (+0.46%)
As of 04:43 AM 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)

Advanced

Key Stats

Today's Range
$22.58
$23.90
50-Day Range
$19.06
$24.49
52-Week Range
$11.92
$24.65
Volume
17.51 million shs
Average Volume
9.25 million shs
Market Capitalization
$19.18 billion
P/E Ratio
15.16
Dividend Yield
2.80%
Price Target
$24.44
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
76th Percentile Overall Score

PR MarketRank™: 

Permian Resources scored higher than 76% of companies evaluated by MarketBeat, and ranked 102nd out of 250 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/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 12 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 15.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.86.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Permian Resources is 15.16, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 21.48.

  • Price to Book Value per Share Ratio

    Permian Resources has a P/B Ratio of 1.66. 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

    2.48% 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 1.86, 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 8.88%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Permian Resources pays a meaningful dividend of 2.61%, 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 15 news articles for Permian Resources this week, compared to 6 articles on an average week.
  • Search Interest

    24 people have searched for PR on MarketBeat in the last 30 days. This is an increase of 380% compared to the previous 30 days.
  • MarketBeat Follows

    17 people have added Permian Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 89% 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.
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.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

PR Stock News Headlines

Trump's New Dollar
Porter Stansberry says President Trump has signed an executive order initiating what he calls a full U.S. dollar reset - and most Americans don't know it's happening. The last time America underwent a monetary shift like this, under Nixon in the 1970s, it minted an average of 1,300 new millionaires a day for over half a century. Stansberry has released a new documentary naming the assets he believes are positioned to surge as a result.tc pixel
Permian Resources Corp's Dividend Analysis
Permian Resources (NYSE:PR) Hits New 12-Month High - Time to Buy?
UBS Remains a Buy on Permian Resources (PR)
Permian Resources logo over a sunset oilfield scene with a drilling rig and pumpjacks.
Permian Resources Rally Faces a Test
Permian Resources beat earnings estimates with record free cash flow and reduced debt, but after a 66% stock rally, analysts see limited further upside from current price targets.
See More Headlines

PR Stock Analysis - Frequently Asked Questions

Permian Resources' stock was trading at $14.04 at the beginning of the year. Since then, PR stock has increased by 63.1% and is now trading at $22.8940.

Permian Resources Corporation (NYSE:PR) announced its earnings results on Wednesday, August, 5th. The company reported $0.69 EPS for the quarter, topping analysts' consensus estimates of $0.59 by $0.10. The business's quarterly revenue was up 55.1% compared to the same quarter last year.
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 Xi Us Holdings LP Ngp, 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
9/17/2026
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
+6.8%
Consensus Rating
Buy
Rating Score (0-4)
3.09
Research Coverage
22 Analysts

Profitability

EPS (Trailing Twelve Months)
$1.51
Trailing P/E Ratio
15.16
Forward P/E Ratio
10.09
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
3.79
Cash Flow
$3.63 per share
Price / Cash Flow
6.30
Book Value
$13.79 per share
Price / Book
1.66

Miscellaneous

Outstanding Shares
837,560,000
Free Float
795,679,000
Market Cap
$19.18 billion
Optionable
Optionable
Beta
0.49

Social Links

Don't Wait for the OpenAI IPO Cover

The AI wave will soon hit public markets with Anthropic and OpenAI set to go public later this year. However, you don't have to wait to invest. This report shows seven AI stocks that you can buy today while the big model providers get ready to go public.

Get This Free Report

This page (NYSE:PR) was last updated on 9/17/2026 by MarketBeat.com Staff.
From Our Partners