Permian Resources Corporation (PR)

NYSE: PR · Real-Time Price · USD
14.06
+0.04 (0.29%)
At close: Feb 27, 2025, 4:00 PM
14.18
+0.12 (0.85%)
After-hours: Feb 27, 2025, 7:43 PM EST
0.29%
Market Cap 11.30B
Revenue (ttm) 5.00B
Net Income (ttm) 984.70M
Shares Out 803.36M
EPS (ttm) 1.45
PE Ratio 9.70
Forward PE 8.69
Dividend $0.71 (5.05%)
Ex-Dividend Date Mar 17, 2025
Volume 9,110,498
Open 14.27
Previous Close 14.02
Day's Range 13.95 - 14.36
52-Week Range 12.62 - 18.28
Beta 4.28
Analysts Strong Buy
Price Target 19.13 (+36.06%)
Earnings Date Feb 25, 2025

About PR

Permian 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 w... [Read more]

Sector Energy
IPO Date Feb 24, 2016
Employees 461
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 17 analysts, the average rating for PR stock is "Strong Buy." The 12-month stock price forecast is $19.13, which is an increase of 36.06% from the latest price.

Price Target
$19.13
(36.06% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

1 day 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 days ago - Business Wire

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 (the “Board”) declared a quarterly base cas...

2 days 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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Buy The Dip: Big Dividends Getting Way Too Cheap

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21 days 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...

26 days 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...

27 days 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.

4 weeks ago - Business Wire

Permian Resources: It's All In The Name

Permian Resources: It's All In The Name

6 weeks 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.

6 weeks ago - Business Wire

Big Dividends And Buybacks: The More It Drops, The More I Buy

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My New Year's Resolution For 2025: Invest $10,000 In These 6 Stocks

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2 months ago - Seeking Alpha

Permian Resources: A Compelling Investment, But No Need To Rush

Permian Resources offers a compelling 4.3% dividend yield with a conservative payout ratio, making it a potentially attractive income investment, despite its BB+ credit rating from Fitch. PR (formerly...

2 months ago - Seeking Alpha

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2 months ago - Seeking Alpha

Permian Resources Corp: Undervalued Oil Stock With Great Q3 Results

Permian Resources Corp is a leader in the U.S. oil field, showing strong cash flow, operational excellence, and a focus on shareholder value. Q3 results highlight a revenue boost to $1.215 billion, in...

2 months ago - Seeking Alpha

10 Stocks I'm Buying As REITs Have Never Looked So Good

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Big Dividends And Buybacks: Permian Resources Or Devon Energy?

The recent pullback in energy stocks presents several attractive buying opportunities for dividend investors. I compare two particularly attractive opportunities in DVN and PR. I share which of these ...

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2 months ago - Seeking Alpha

Permian Resources Announces Divestiture of Midstream Gathering Systems

MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (NYSE: PR) (“Permian Resources” or the “Company”) today announced it has entered into a definitive agreement to sell its natural gas and ...

Other symbols: KNTK
2 months ago - Business Wire

Kinetik Announces Bolt-On Acquisition of Gas and Crude Gathering Systems in Texas Delaware Basin from Permian Resources

HOUSTON & MIDLAND, Texas--(BUSINESS WIRE)--Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) today announced it has entered into a definitive agreement with Permian Resources Corporation...

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2 months ago - Business Wire

Oil, Gas, And Dividends: Why Permian Resources Remains Massively Undervalued

Permian Resources Corporation stands out as a top small-cap energy producer in the Permian Basin with deep reserves, low breakeven costs, and a shareholder-focused strategy. The company's efficiency, ...

3 months ago - Seeking Alpha

High Yield Oil And Gas Ranked By Relative Quality

With oil near its one-year low and natural gas near its five-year low, oil and gas producers are on sale; with offering yields over 4%. Thirty-nine energy producers were evaluated by means of a multi-...

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