Permian Resources Corporation (PR)

NYSE: PR · Real-Time Price · USD
20.11
-0.33 (-1.61%)
May 26, 2026, 10:57 AM EDT - Market open
Market Cap16.84B +61.8%
Revenue (ttm)5.08B -1.1%
Net Income649.50M -44.4%
EPS0.86 -47.0%
Shares Out 837.29M
PE Ratio23.31
Forward PE9.59
Dividend$0.64 (3.19%)
Ex-Dividend DateJun 16, 2026
Volume1,671,110
Open20.13
Previous Close20.44
Day's Range19.99 - 20.39
52-Week Range11.92 - 22.68
Beta0.51
AnalystsStrong Buy
Price Target25.79 (+28.25%)
Earnings DateMay 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]

Sector Energy
IPO Date Feb 24, 2016
Employees 515
Stock Exchange NYSE
Ticker Symbol PR
Full Company Profile

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 Statements

Analyst Summary

According to 21 analysts, the average rating for PR stock is "Strong Buy." The 12-month stock price target is $25.79, which is an increase of 28.25% from the latest price.

Price Target
$25.79
(28.25% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Permian Resources price target lowered to $26 from $27 at Wells Fargo

Wells Fargo lowered the firm’s price target on Permian Resources (PR) to $26 from $27 and keeps an Overweight rating on the shares. The firm updated the company’s model post…

1 day ago - TheFly

Permian Resources Q1 Earnings Call Highlights

Permian Resources NYSE: PR reported what executives described as a record quarter for free cash flow and operational efficiency, while emphasizing that the company is preserving flexibility amid volat...

12 days ago - MarketBeat

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.

19 days ago - Transcripts

Permian Resources Earnings release: Q1 2026

Permian Resources released its Q1 2026 earnings on May 7, 2026, summarizing the period's financial results.

19 days ago - Filings

Permian Resources Slides: Q1 2026

Permian Resources has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 7, 2026.

19 days ago - Filings

Permian Resources Quarterly report: Q1 2026

Permian Resources has published its Q1 2026 quarterly earnings report on May 7, 2026.

19 days ago - Filings

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...

19 days ago - TheFly

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

19 days ago - TheFly

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...

19 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 declared a quarterly base cash dividend of ...

19 days ago - Business Wire

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…

4 weeks ago - TheFly

“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...

Other symbols: APADVNFANG
4 weeks ago - Forbes

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…

4 weeks ago - TheFly

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 ...

5 weeks ago - Business Wire

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…

6 weeks ago - TheFly

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…

6 weeks ago - TheFly

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.

6 weeks ago - TheFly

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...

7 weeks ago - TheFly

Permian Resources initiated with an Overweight at KeyBanc

KeyBanc initiated coverage of Permian Resources (PR) with an Overweight rating and $25 price target

7 weeks ago - TheFly

Permian Resources Proxy statement: Proxy filing

Permian Resources filed a proxy statement on April 6, 2026, providing details for shareholder voting and corporate governance matters.

7 weeks ago - Filings

Permian Resources Proxy statement: Proxy filing

Permian Resources filed a proxy statement on April 6, 2026, providing details for shareholder voting and corporate governance matters.

7 weeks ago - Filings

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…

2 months ago - TheFly

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…

2 months ago - TheFly

Permian Resources Proxy statement: Proxy filing

Permian Resources filed a proxy statement on March 26, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings

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…

2 months ago - TheFly