Permian Resources Corporation (PR)
| Market Cap | 9.62B |
| Revenue (ttm) | 5.00B |
| Net Income (ttm) | 984.70M |
| Shares Out | 799.88M |
| EPS (ttm) | 1.45 |
| PE Ratio | 8.32 |
| Forward PE | 7.68 |
| Dividend | $0.71 (6.17%) |
| Ex-Dividend Date | Mar 17, 2025 |
| Volume | 13,331,895 |
| Open | 11.83 |
| Previous Close | 11.50 |
| Day's Range | 11.82 - 12.20 |
| 52-Week Range | 10.01 - 17.84 |
| Beta | 3.82 |
| Analysts | Strong Buy |
| Price Target | 18.71 (+62.7%) |
| 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]
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 StatementsAnalyst Forecast
According to 15 analysts, the average rating for PR stock is "Strong Buy." The 12-month stock price forecast is $18.71, which is an increase of 62.70% from the latest price.
News
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...
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...
Permian Resources Announces First Quarter 2025 Earnings Conference Call
MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Announces First Quarter 2025 Earnings Conference Call.
Buy, Baby, Buy: My 12 Favorite Energy Stocks For What's Next
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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...
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...
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...
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...
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...
An Important Warning For Dividend Investors
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The Silent Wealth Killer: My Go-To Dividend Stocks To Beat Inflation
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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...
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...
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...
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.
Permian Resources: It's All In The Name
Permian Resources: It's All In The Name
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.
Big Dividends And Buybacks: The More It Drops, The More I Buy
While the market is at all-time highs, some sectors are actually in correction territory. I share one that has pulled back by ~10% in recent weeks, yet contains several opportunities with extremely st...
Beat Inflation Like A Pro: Unstoppable Dividend Picks You Can't Miss
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My New Year's Resolution For 2025: Invest $10,000 In These 6 Stocks
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Oil Be Back! My Top Energy Picks For 2025 And Beyond
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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...