Top-Rated StocksTop-RatedTop-Rated Dividend StocksTop-Rated DividendNYSE:PR Permian Resources (PR) Stock Price, News & Analysis $15.48 +0.20 (+1.31%) (As of 12:15 PM ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About Permian Resources Stock (NYSE:PR) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Permian Resources alerts:Sign Up Key Stats Today's Range$15.31▼$15.5350-Day Range$13.06▼$16.2152-Week Range$12.34▼$18.28Volume2.29 million shsAverage Volume9.94 million shsMarket Capitalization$12.44 billionP/E Ratio9.38Dividend Yield3.88%Price Target$18.93Consensus RatingModerate Buy Company OverviewPermian 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… Watch this before it gets removed (Ad)If you missed it, my emergency election broadcast is now available - but will be removed soonClick here to watch it now. Permian Resources Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks95th Percentile Overall ScorePR MarketRank™: Permian Resources scored higher than 95% of companies evaluated by MarketBeat, and ranked 16th out of 268 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.5 / 5Analyst RatingModerate Buy 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 10 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 and Valuation3.1 / 5Proj. Earnings Growth4.08% Earnings GrowthEarnings for Permian Resources are expected to grow by 4.08% in the coming year, from $1.47 to $1.53 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Permian Resources is 9.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.07.Price to Earnings Ratio vs. SectorThe P/E ratio of Permian Resources is 9.38, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.42.Price to Earnings Growth RatioPermian Resources has a PEG Ratio of 0.94. 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 1.29. 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. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted6.24% of the float of Permian Resources has been sold short.Short Interest Ratio / Days to CoverPermian Resources has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Permian Resources has recently increased by 6.06%, indicating that investor sentiment is decreasing significantly. Dividend3.3 / 5Dividend StrengthStrong Dividend LeadershipPermian Resources is a leading dividend payer. It pays a dividend yield of 3.83%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPermian Resources does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Permian Resources is 36.36%. 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 39.22% next year. This indicates that Permian Resources will be able to sustain or increase its dividend.Read more about Permian Resources' dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted6.24% of the float of Permian Resources has been sold short.Short Interest Ratio / Days to CoverPermian Resources has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Permian Resources has recently increased by 6.06%, indicating that investor sentiment is decreasing significantly. News and Social Media3.4 / 5News Sentiment1.11 News SentimentPermian Resources has a news sentiment score of 1.11. 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 0.82 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Permian Resources this week, compared to 7 articles on an average week.Search Interest23 people have searched for PR on MarketBeat in the last 30 days. This is an increase of 21% compared to the previous 30 days.MarketBeat FollowsOnly 13 people have added Permian Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of -19% compared to the previous 30 days. Company Ownership3.3 / 5Insider TradingSelling Shares 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 $134,327.00 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. 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 PR Stock News HeadlinesPermian Resources (NYSE:PR) and Antero Resources (NYSE:AR) Financial ContrastNovember 26, 2024 | americanbankingnews.comPermian Resources: A Compelling Buy with Strong Margins, Free Cash Flow, and Growth PotentialNovember 25, 2024 | markets.businessinsider.com[625,000% Gain] – Are You Ready for the Next Altcoin Boom?All of our key indicators are flashing the same signal: an altcoin season is fast approaching. And if you know anything about crypto, you know that altcoin seasons are where some of the biggest gains happen.December 3, 2024 | Crypto Swap Profits (Ad)Oil, Gas, And Dividends: Why Permian Resources Remains Massively UndervaluedNovember 23, 2024 | seekingalpha.comUS natgas producers chase AI-driven surge in power demand to weather low pricesNovember 21, 2024 | reuters.comPermian Resources Corp (PR) Q3 2024 Earnings Call Highlights: Strong Production and Increased ...November 8, 2024 | finance.yahoo.comTruist Financial Reaffirms Their Buy Rating on Permian Resources (PR)November 8, 2024 | markets.businessinsider.comPermian Resources Corporation (PR) Q3 2024 Earnings Call TranscriptNovember 7, 2024 | seekingalpha.comSee More Headlines PR Stock Analysis - Frequently Asked Questions How have PR shares performed this year? Permian Resources' stock was trading at $13.60 at the start of the year. Since then, PR stock has increased by 13.8% and is now trading at $15.47. View the best growth stocks for 2024 here. How were Permian Resources' earnings last quarter? Permian Resources Co. (NYSE:PR) issued its quarterly earnings results on Wednesday, November, 6th. The company reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.21. The company's revenue was up 60.3% on a year-over-year basis. Who are Permian Resources' major shareholders? Permian Resources' top institutional investors include State Street Corp (2.74%), Massachusetts Financial Services Co. MA (2.26%), Geode Capital Management LLC (1.36%) and Jennison Associates LLC (0.95%). 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, 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. Compare Top Brokerages Here. 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 Last Earnings11/06/2024Ex-Dividend for 11/22 Dividend11/14/2024Dividend Payable11/22/2024Today12/03/2024Fiscal Year End12/31/2024Next Earnings (Estimated)2/25/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryPetroleum And Natural Gas Current SymbolNYSE:PR Previous SymbolNASDAQ:PR CUSIPN/A CIK1658566 WebN/A Phone(432) 695-4222FaxN/AEmployees461Year FoundedN/APrice Target and Rating Average Stock Price Target$18.93 High Stock Price Target$24.00 Low Stock Price Target$14.00 Potential Upside/Downside+22.4%Consensus RatingModerate Buy Rating Score (0-4)2.94 Research Coverage16 Analysts Profitability EPS (Most Recent Fiscal Year)$1.65 Trailing P/E Ratio9.38 Forward P/E Ratio10.52 P/E Growth0.94Net Income$476.31 million Net Margins21.20% Pretax Margin35.72% Return on Equity11.15% Return on Assets6.93% Debt Debt-to-Equity Ratio0.40 Current Ratio0.68 Quick Ratio0.68 Sales & Book Value Annual Sales$3.12 billion Price / Sales3.98 Cash Flow$2.25 per share Price / Cash Flow6.87 Book Value$11.96 per share Price / Book1.29Miscellaneous Outstanding Shares803,360,000Free Float700,533,000Market Cap$12.43 billion OptionableOptionable Beta4.35 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? 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