Permian Resources Corporation (PR)

NYSE: PR · Real-Time Price · USD
13.01
+1.12 (9.42%)
May 8, 2025, 4:00 PM - Market closed
9.42%
Market Cap 10.48B
Revenue (ttm) 5.13B
Net Income (ttm) 1.17B
Shares Out 805.53M
EPS (ttm) 1.62
PE Ratio 8.03
Forward PE 10.42
Dividend $0.60 (4.61%)
Ex-Dividend Date Jun 16, 2025
Volume 21,249,432
Open 12.39
Previous Close 11.89
Day's Range 12.28 - 13.08
52-Week Range 10.01 - 17.44
Beta 1.19
Analysts Strong Buy
Price Target 18.64 (+43.27%)
Earnings Date May 7, 2025

About PR

Permian Resources Corporation, an independent oil and natural gas company, focuses on the development of crude oil and associated 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 Reeves County in West Texas and Lea County in 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 Corpo... [Read more]

Sector Energy
IPO Date Feb 24, 2016
Employees 482
Stock Exchange NYSE
Ticker Symbol PR
Full Company Profile

Financial Performance

In 2024, Permian Resources's revenue was $5.00 billion, an increase of 60.23% compared to the previous year's $3.12 billion. Earnings were $984.70 million, an increase of 106.74%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for PR stock is "Strong Buy." The 12-month stock price forecast is $18.64, which is an increase of 43.27% from the latest price.

Price Target
$18.64
(43.27% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Permian Resources Corporation (PR) Q1 2025 Earnings Call Transcript

Permian Resources Corporation (NYSE:PR) Q1 2025 Earnings Conference Call May 8, 2025 10:00 AM ET Company Participants Hays Mabry – Vice President-Relations Will Hickey – Co-Chief Executive Officer Ja...

17 hours ago - Seeking Alpha

Permian Resources Announces Strong First Quarter 2025 Results, Revised 2025 Guidance and Strategic Bolt-On Acquisition of Core Northern Delaware Basin Assets

MIDLAND, Texas--(BUSINESS WIRE)--PR Announces Strong First Quarter 2025 Results, Revised 2025 Guidance and Strategic Bolt-On Acquisition of Core Northern Delaware Basin Assets.

1 day ago - Business Wire

Permian Resources Declares Quarterly Cash Dividend

MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Declares Quarterly Cash Dividend.

1 day ago - Business Wire

The Best Energy Stocks to Buy

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3 days ago - Kiplinger

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12 days ago - Seeking Alpha

Permian Resources: An Excellent Option In These Times Of High Volatility

Permian Resources focuses on liquid fossil fuel development in the Delaware Basin, showing strong management and shareholder-friendly policies. The company's recent acquisition of 29,500 net acres fro...

25 days ago - Seeking Alpha

Permian Resources: A Cheap Texas Energy Stock With Solid Fundamentals

Permian Resources gets a buy rating today, in line with the bullish consensus. Strong points are the profit margin, Fitch upgrade in 2024, low debt/equity, and new business acquisitions last year to d...

4 weeks ago - Seeking Alpha

Permian Resources Announces First Quarter 2025 Earnings Conference Call

MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Announces First Quarter 2025 Earnings Conference Call.

5 weeks ago - Business Wire

Buy, Baby, Buy: My 12 Favorite Energy Stocks For What's Next

Energy stocks are proving their strength, outperforming the market despite oil price stagnation. Structural shifts, deglobalization, and inflation favor long-term upside. Shale growth is slowing, and ...

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5 weeks ago - Seeking Alpha

Down, But Not Out: My Favorite Energy Stocks For Income And Growth

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2 months ago - Seeking Alpha

Very Bad News For Energy Stocks

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8 Stocks And 1 ETF I'm Buying As Trade Wars Roil The Market

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2 months ago - Seeking Alpha

Permian Resources: The Company That Will Ride Oil Volatility

Permian Resources, with its efficient, data-driven, low-cost approach, is a compelling buy despite lower WTI prices, offering strong growth potential in the volatile O&G sector. The company has signif...

2 months ago - Seeking Alpha

Permian Resources Corporation (PR) Q4 2024 Earnings Call Transcript

Permian Resources Corporation (NYSE:PR) Q4 2024 Earnings Conference Call February 26, 2024 10:00 AM ET Company Participants Hays Mabry - VP, IR Will Hickey - Co-CEO James Walter - Co-CEO Guy Oliphint...

2 months ago - Seeking Alpha

Permian Resources Announces Strong Fourth Quarter 2024 Results and Provides Full Year 2025 Plan with Increased Capital Efficiency

MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced its fourth quarter and full year 2024 financial and operational results...

2 months ago - Business Wire

The More It Drops, The More Buffett And I Buy

Buffett and I are both doubling down on a sector that has lagged the market recently. This sector is filled with stocks that trade at deep discounts with strong balance sheets and rising dividends. He...

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2 months ago - Seeking Alpha

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2 months ago - Seeking Alpha

Buy The Dip: Big Dividends Getting Way Too Cheap

My strategy involves buying high-quality, high-yield stocks at discounts, holding until they re-appreciate, and then selling to reinvest in undervalued stocks. I share some of the most attractive, hig...

3 months ago - Seeking Alpha

Permian Resources: Don't Forget Waha Leverage

Permian Resources dealt with low price realizations in 2024 due to negative Waha prices. The company's free cash flow could see a significant boost with even modest increases in natural gas prices, le...

3 months ago - Seeking Alpha

Permian Resources: Strong Capital Efficiency Leads To Positive Production Guidance Revisions

Permian Resources is now expected to deliver 2024 oil production, around 8% above its original guidance midpoint. Acquisitions boosted Permian's 2024 oil production by 1% to 2%. Most of the outperform...

3 months ago - Seeking Alpha

Permian Resources Announces Fourth Quarter and Full Year 2024 Earnings Conference Call

MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Announces Fourth Quarter and Full Year 2024 Earnings Conference Call.

3 months ago - Business Wire

Permian Resources: It's All In The Name

Permian Resources: It's All In The Name

4 months ago - Seeking Alpha

Permian Resources Announces Partial Redemption of 9.875% Senior Notes Due 2031

MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Announces Partial Redemption of 9.875% Senior Notes Due 2031.

4 months ago - Business Wire