Permian Resources Corporation (PR)
| Market Cap | 17.04B +73.9% |
| Revenue (ttm) | 5.08B -1.1% |
| Net Income | 649.50M -44.4% |
| EPS | 0.86 -47.0% |
| Shares Out | 837.29M |
| PE Ratio | 23.55 |
| Forward PE | 9.68 |
| Dividend | $0.64 (3.16%) |
| Ex-Dividend Date | Jun 16, 2026 |
| Volume | 8,309,229 |
| Open | 20.21 |
| Previous Close | 20.24 |
| Day's Range | 20.04 - 20.38 |
| 52-Week Range | 11.92 - 22.68 |
| Beta | 0.51 |
| Analysts | Buy |
| Price Target | 22.35 (+9.8%) |
| Earnings Date | May 6, 2026 |
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. The company was incorpo... [Read more]
Financial Performance
In 2025, Permian Resources's revenue was $5.07 billion, an increase of 1.29% compared to the previous year's $5.00 billion. Earnings were $935.17 million, a decrease of -5.03%.
Financial StatementsAnalyst Summary
According to 19 analysts, the average rating for PR stock is "Buy." The 12-month stock price target is $22.35, which is an increase of 9.80% from the latest price.
News
Permian Resources Earnings Call Transcript: Q1 2026
Record Q1 free cash flow and production exceeded expectations, driven by operational efficiency and cost leadership. Investment-grade status, robust capital allocation, and a flexible approach position the company for continued growth amid market volatility.
Permian Resources reports Q1 EPS 5c, consensus 38c
Reports Q1 revenue $1.39B, consensus $1.41B. “We delivered a strong first quarter across the board, with record-low D&C costs per foot, 2% oil production growth quarter-over-quarter and more than $500...
Permian Resources reports Q1 total average production 412.9M boe/d
16:40 EDT Permian Resources (PR) reports Q1 total average production 412.9M boe/d
Permian Resources Announces Strong First Quarter 2026 Results and Increased Full Year Guidance
MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced its first quarter 2026 financial and operational results and revised 20...
Permian Resources Declares Quarterly Cash Dividend
MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced that its Board of Directors declared a quarterly base cash dividend of ...
Permian Resources price target raised to $22 from $20 at BofA
BofA raised the firm’s price target on Permian Resources (PR) to $22 from $20 and keeps a Neutral rating on the shares. The firm is updating its price targets for…
“He's Not Done Yet!” - Oil Company Valuations Rise As Scale And Scarcity Drive Consolidation
The Iran conflict has certainly changed short term oil prices, amongst a whole lot of other things, in the past two months. Before that, however, oil prices did not send a particularly strong signal h...
Permian Resources price target raised to $25 from $21 at Scotiabank
Scotiabank analyst Betty Zhang raised the firm’s price target on Permian Resources (PR) to $25 from $21 and keeps an Outperform rating on the shares. The firm is updating its…
Permian Resources Announces First Quarter 2026 Earnings Conference Call
MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) announced today that it will report first quarter 2026 financial and operating results ...
Permian Resources price target raised to $25 from $24 at Truist
Truist raised the firm’s price target on Permian Resources (PR) to $25 from $24 and keeps a Buy rating on the shares as part of a broader research note previewing…
Permian Resources price target raised to $27 from $21 at Wells Fargo
Wells Fargo raised the firm’s price target on Permian Resources (PR) to $27 from $21 and keeps an Overweight rating on the shares. The firm notes Permian enters Q1 2026…
Permian Resources downgraded to Neutral from Buy at Roth Capital
Roth Capital analyst Leo Mariani downgraded Permian Resources (PR) to Neutral from Buy with a price target of $22, up from $20. The firm believes oil prices have likely peaked.
Permian Resources initiated with an Overweight at KeyBanc
KeyBanc analyst Tim Rezvan last night initiated coverage of Permian Resources (PR) with an Overweight rating and $25 price target The firm is “constructive” on oil-focused names, saying the medium-ter...
Permian Resources initiated with an Overweight at KeyBanc
KeyBanc initiated coverage of Permian Resources (PR) with an Overweight rating and $25 price target
Permian Resources price target raised to $26 from $21 at Citi
Citi raised the firm’s price target on Permian Resources (PR) to $26 from $21 and keeps a Buy rating on the shares. The firm updated small-cap exploration and production models…
Permian Resources price target raised to $25 from $19 at Morgan Stanley
Morgan Stanley analyst Devin McDermott raised the firm’s price target on Permian Resources (PR) to $25 from $19 and keeps an Overweight rating on the shares. Oil, LNG and refining…
Permian Resources initiated with a Buy at Truist
Truist initiated coverage of Permian Resources (PR) with a Buy rating and $24 price target The stock stands out as just one of two Delaware Basin pure-play E&Ps and has…
Permian Resources price target raised to $26 from $22 at JPMorgan
JPMorgan raised the firm’s price target on Permian Resources (PR) to $26 from $22 and keeps an Overweight rating on the shares. The firm says oil market fundamentals “shifted on…
3 ‘Underappreciated' Energy Stocks to Play Oil's Rise
One analyst's top picks are Devon Energy, Diamondback Energy, and Permian Resources.
The Big 3: PR, ELF, SNY
From oil, beauty, and therapeutic resource stocks, @ElliottWaveTrader's Tammy Marshall turns to three companies she sees as unsung market opportunities. The Fibonacci Princess offers insight and exa...
Permian Resources says achieves investment grade credit ratings
Permian Resources (PR) announced that it is now rated investment grade by both S&P Global Ratings and Fitch Ratings following today’s upgrade from S&P and the company’s initial investment grade…
Permian Resources Achieves Investment Grade Credit Ratings
MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced that it is now rated investment grade by both S&P Global Ratings (“S&P”...
Permian Resources price target raised to $22 from $20 at TD Cowen
TD Cowen analyst Robert Hodges raised the firm’s price target on Permian Resources (PR) to $22 from $20 and keeps a Buy rating on the shares. The firm updated exploration…
Permian Resources price target raised to $25 from $23 at Mizuho
Mizuho raised the firm’s price target on Permian Resources (PR) to $25 from $23 and keeps an Outperform rating on the shares. The firm upped its 2026 oil price outlook…
Permian Resources price target raised to $20 from $17.50 at BofA
BofA raised the firm’s price target on Permian Resources (PR) to $20 from $17.50 and keeps a Neutral rating on the shares. Due to the ongoing impasse at the Strait…