Permian Resources Corporation (PR)
| Market Cap | 19.88B +73.8% |
| Revenue (ttm) | 5.74B +12.8% |
| Net Income | 1.23B +8.4% |
| EPS | 1.58 +2.8% |
| Shares Out | 837.56M |
| PE Ratio | 15.03 |
| Forward PE | 10.45 |
| Dividend | $0.64 (2.70%) |
| Ex-Dividend Date | Sep 16, 2026 |
| Volume | 5,838,151 |
| Open | 23.86 |
| Previous Close | 23.82 |
| Day's Range | 23.66 - 23.99 |
| 52-Week Range | 11.92 - 24.09 |
| Beta | 0.48 |
| Analysts | Strong Buy |
| Price Target | 26.21 (+10.4%) |
| Earnings Date | Aug 5, 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 21 analysts, the average rating for PR stock is "Strong Buy." The 12-month stock price target is $26.21, which is an increase of 10.40% from the latest price.
News
Seaport starts 16 upstream operators with four Buys, two Sells
Seaport Research initiated coverage of 16 U.S. oil-weighted upstream operators. The firm’s Buy rated names are Devon Energy (DVN), Occidental (OXY), Permian Resources (PR) and Viper Energy (VNOM). Sea...
Permian Resources initiated with a Buy at Seaport Research
Seaport Research initiated coverage of Permian Resources (PR) with a Buy rating and $29 price target
Permian Resources assumed with an Overweight at Wells Fargo
Wells Fargo assumed coverage of Permian Resources (PR) with an Overweight rating and $27 price target In line with its Q2 post-view, the firm continues to prefer names that generate…
Permian Resources price target raised to $29 from $26 at Raymond James
Raymond James raised the firm’s price target on Permian Resources (PR) to $29 from $26 and keeps a Strong Buy rating on the shares. Permian Resources is a top oil…
Permian Resources price target raised to $25 from $24 at Morgan Stanley
Morgan Stanley analyst Devin McDermott raised the firm’s price target on Permian Resources (PR) to $25 from $24 and keeps an Overweight rating on the shares.
Permian Resources price target raised to $25 from $24 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Permian Resources (PR) to $25 from $24 and keeps an Overweight rating on the shares. The firm updated estimates and targets in…
Permian Resources price target raised to $27 from $26 at Wells Fargo
Wells Fargo raised the firm’s price target on Permian Resources (PR) to $27 from $26 and keeps an Overweight rating on the shares. The 2027 setup for the lower 48…
Permian Resources price target raised to $24 from $22 at Truist
Truist raised the firm’s price target on Permian Resources (PR) to $24 from $22 and keeps a Buy rating on the shares. The firm is updating its models in Exploration…
Permian Resources Earnings Call Transcript: Q2 2026
Record Q2 free cash flow and oil production growth were driven by operational agility, accretive acquisitions, and efficiency gains. Updated 2026 guidance calls for 10% higher oil production with lower CapEx, while maintaining a strong balance sheet and disciplined capital allocation.
Permian Resources Earnings release: Q2 2026
Permian Resources released its Q2 2026 earnings on August 6, 2026, summarizing the period's financial results.
Permian Resources Slides: Q2 2026
Permian Resources has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 6, 2026.
Permian Resources Quarterly report: Q2 2026
Permian Resources has published its Q2 2026 quarterly earnings report on August 6, 2026.
Permian Resources reports Q2 EPS 93c, consensus 59c
Reportst Q2 revenue $1.86B, consensus $1.67B. “This was an exceptional quarter for Permian Resources (PR). Our team executed a targeted response to higher oil prices, increasing capital expenditures t...
Permian Resources Announces Strong Second Quarter 2026 Results and Updated Full Year Guidance
MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced its second quarter 2026 financial and operational results and revised 2...
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 lowered to $24 from $25 at UBS
UBS analyst Josh Silverstein lowered the firm’s price target on Permian Resources (PR) to $24 from $25 and keeps a Buy rating on the shares.
Permian Resources price target lowered to $24 from $26 at Citi
Citi lowered the firm’s price target on Permian Resources (PR) to $24 from $26 and keeps a Buy rating on the shares.
Permian Resources price target lowered to $22 from $25 at Truist
Truist analyst Gabe Daoud lowered the firm’s price target on Permian Resources (PR) to $22 from $25 and keeps a Buy rating on the shares as part of a broader…
Permian Resources Announces Second 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 second quarter 2026 financial and operating results...
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Permian Resources price target lowered to $24 from $25 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on Permian Resources (PR) to $24 from $25 and keeps an Overweight rating on the shares. Since the U.S. and Iran announced a…
Permian Resources initiated with an Outperform at Evercore ISI
Evercore ISI initiated coverage of Permian Resources (PR) with an Outperform rating and $25 price target Permian “sits squarely at the intersection of the two themes the market will actually…
COP, PR, and FANG Stocks Rise as Roth Capital Upgrades to Buy after Recent Pullback
Shares of ConocoPhillips ($COP), Permian Resources ($PR), Diamondback Energy ($FANG), APA Corporation ($APA), Magnolia Oil & Gas ($MGY), Matador Resources ($MTDR), and SM Energy ($SM) trended higher i...
Permian Resources upgraded to Buy from Neutral at Roth Capital
Roth Capital upgraded Permian Resources (PR) to Buy from Neutral with a price target of $23, up from $21. The firm upgraded a handful of exploration and production names, saying…