Top-Rated StocksTop-RatedTop MarketRank™ StocksTop MarketRank™NASDAQ:PR Permian Resources (PR) Stock Price, News & Analysis $13.25 -0.23 (-1.71%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$13.10▼$13.6550-Day Range$13.25▼$16.7952-Week Range$12.34▼$18.28Volume8.50 million shsAverage Volume6.99 million shsMarket Capitalization$10.63 billionP/E Ratio12.05Dividend Yield1.81%Price Target$19.93 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsTrends Get Permian Resources alerts: Email Address Permian Resources MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.94 Rating ScoreUpside/Downside50.4% Upside$19.93 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.43Based on 21 Articles This WeekInsider TradingSelling Shares$134,327 Sold Last QuarterProj. Earnings Growth17.79%From $1.63 to $1.92 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.97 out of 5 starsOils/Energy Sector4th out of 239 stocksCrude Petroleum & Natural Gas Industry1st out of 79 stocks 4.5 Analyst's Opinion Consensus RatingPermian Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.94, and is based on 13 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoveragePermian Resources has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Permian Resources' stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for PR. Previous Next 2.5 Dividend Strength Dividend YieldPermian Resources pays a meaningful dividend of 1.77%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPermian Resources does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Permian Resources is 21.82%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Permian Resources will have a dividend payout ratio of 12.50% next year. This indicates that Permian Resources will be able to sustain or increase its dividend.Read more about Permian Resources' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PR. Previous Next 2.5 News and Social Media Coverage News SentimentPermian Resources has a news sentiment score of 0.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.64 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 21 news articles for Permian Resources this week, compared to 6 articles on an average week.Search InterestOnly 17 people have searched for PR on MarketBeat in the last 30 days. This is a decrease of -76% compared to the previous 30 days.MarketBeat Follows12 people have added Permian Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 9% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Permian Resources insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $134,327.00 in company stock.Percentage Held by Insiders12.80% of the stock of Permian Resources is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions91.84% of the stock of Permian Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Permian Resources' insider trading history. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Permian Resources are expected to grow by 17.79% in the coming year, from $1.63 to $1.92 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Permian Resources is 12.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.71.Price to Earnings Ratio vs. SectorThe P/E ratio of Permian Resources is 12.05, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.67.Price to Earnings Growth RatioPermian Resources has a PEG Ratio of 0.73. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioPermian Resources has a P/B Ratio of 1.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Permian Resources' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Sasco Gold LLCSay Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late... [RUSH MY FREE GUIDE] About Permian Resources Stock (NASDAQ: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 was incorporated in 2015 and is headquartered in Midland, Texas.Read More PR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PR Stock News HeadlinesSeptember 7 at 6:49 AM | insidertrades.comJohn Charles Bell Sells 4,821 Shares of Permian Resources Co. (NASDAQ:PR) StockSeptember 7 at 6:50 AM | americanbankingnews.comRobert Regan Shannon Sells 4,822 Shares of Permian Resources Co. (NASDAQ:PR) StockSeptember 7, 2024 | Sasco Gold LLC (Ad)Say Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late... September 5 at 4:43 AM | americanbankingnews.comPermian Resources (NASDAQ:PR) Price Target Lowered to $15.00 at SusquehannaSeptember 4 at 10:16 PM | markets.businessinsider.comPermian Resources: Strong Buy on Dividend Increase and Share Buyback Authorization Amidst UndervaluationSeptember 4 at 10:16 PM | markets.businessinsider.comPermian Resources (PR) Receives a Buy from Truist FinancialSeptember 4 at 6:31 AM | americanbankingnews.comCapital One Financial Brokers Decrease Earnings Estimates for Permian Resources Co. (NASDAQ:PR)September 3, 2024 | finance.yahoo.comPermian Resources Announces Significant Increase to its Base DividendSeptember 7, 2024 | Sasco Gold LLC (Ad)Say Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late... September 3, 2024 | americanbankingnews.comPermian Resources Co. (NASDAQ:PR) Receives $20.00 Average PT from BrokeragesSeptember 1, 2024 | americanbankingnews.comChesapeake Energy (OTCMKTS:CHKAQ) versus Permian Resources (NASDAQ:PR) Critical ContrastAugust 27, 2024 | bloomberg.comExxon Seeks to Sell Conventional Permian Assets for $1 BillionAugust 15, 2024 | finance.yahoo.comWe Think That There Are Some Issues For Permian Resources (NYSE:PR) Beyond Its Promising EarningsAugust 14, 2024 | bloomberg.comSatellite Analysis Identifies Repeat Permian Methane EmittersAugust 14, 2024 | finance.yahoo.comThere's A Lot To Like About Permian Resources' (NYSE:PR) Upcoming US$0.21 DividendAugust 9, 2024 | finance.yahoo.comDecoding Permian Resources Corp (PR): A Strategic SWOT InsightAugust 7, 2024 | markets.businessinsider.comBuy Rating on Permian Resources: Strong Financials and Strategic Operations Fuel Growth ProspectsAugust 7, 2024 | benzinga.comUnveiling 9 Analyst Insights On Permian ResourcesSee More Headlines Receive PR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Permian Resources and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/06/2024Ex-Dividend for 8/27 Dividend8/19/2024Dividend Payable8/27/2024Today9/07/2024Next Earnings (Estimated)11/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryPetroleum And Natural Gas Current SymbolNASDAQ:PR CUSIPN/A CIK1658566 WebN/A Phone(432) 695-4222FaxN/AEmployees220Year FoundedN/APrice Target and Rating Average Stock Price Target$19.93 High Stock Price Target$24.00 Low Stock Price Target$15.00 Potential Upside/Downside+50.4%Consensus RatingModerate Buy Rating Score (0-4)2.94 Research Coverage16 Analysts Profitability EPS (Most Recent Fiscal Year)$1.10 Trailing P/E Ratio12.05 Forward P/E Ratio8.13 P/E Growth0.73Net Income$476.31 million Net Margins15.62% Pretax Margin29.19% Return on Equity11.91% Return on Assets7.45% Debt Debt-to-Equity Ratio0.40 Current Ratio0.50 Quick Ratio0.50 Sales & Book Value Annual Sales$3.12 billion Price / Sales3.41 Cash Flow$2.22 per share Price / Cash Flow5.96 Book Value$12.04 per share Price / Book1.10Miscellaneous Outstanding Shares802,540,000Free Float671,396,000Market Cap$10.63 billion OptionableOptionable Beta4.33 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesMr. William M. Hickey III (Age 36)Director & Co-CEO Mr. James H. Walter (Age 35)Director & Co-CEO Mr. Brent P. Jensen (Age 54)Senior VP & Chief Accounting Officer Comp: $972.36kMr. John C. Bell (Age 38)Executive VP & General Counsel Comp: $484.4kMr. Matthew R. Garrison (Age 42)Executive Vice President Comp: $1.17MMr. Guy M. Oliphint (Age 44)Executive VP & CFO Mr. Hays MabryDirector of Investor RelationsMs. Kathleen M. PhillipsVice President of Human ResourcesMr. William A. WeidigVice President of Finance & TreasurerMore ExecutivesKey CompetitorsCenovus EnergyNYSE:CVEPembina PipelineNYSE:PBAEcopetrolNYSE:ECCoterra EnergyNYSE:CTRAOvintivNYSE:OVVView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 34,932 shares on 9/5/2024Ownership: 0.004%John Charles BellSold 4,821 sharesTotal: $67,156.53 ($13.93/share)Robert Regan ShannonSold 4,822 sharesTotal: $67,170.46 ($13.93/share)Maven Securities LTDSold 11,500 shares on 8/29/2024Ownership: 0.003%Dana Investment Advisors Inc.Sold 8,839 shares on 8/27/2024Ownership: 0.086%View All Insider TransactionsView All Institutional Transactions PR Stock Analysis - Frequently Asked Questions How have PR shares performed this year? Permian Resources' stock was trading at $13.60 at the beginning of 2024. Since then, PR stock has decreased by 2.6% and is now trading at $13.25. View the best growth stocks for 2024 here. How were Permian Resources' earnings last quarter? Permian Resources Co. (NASDAQ:PR) issued its quarterly earnings data on Tuesday, August, 6th. The company reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.01. Permian Resources's revenue was up 99.9% on a year-over-year basis. Who are Permian Resources' major shareholders? Permian Resources' top institutional investors include Massachusetts Financial Services Co. MA (2.16%), Bank of New York Mellon Corp (1.56%), Renaissance Technologies LLC (1.18%) and Merewether Investment Management LP (0.77%). Insiders that own company stock include William J Quinn, Silver Run Sponsor, Llc, Xi Us Holdings LP Ngp, Encap Partners Gp, Llc, Matthew R Garrison, Brent P Jensen, Robert John Anderson, Jeffrey Tepper, Guy M Oliphint, John Charles Bell, Robert Regan Shannon and William M Hickey III. View institutional ownership trends. How do I buy shares of Permian Resources? Shares of PR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:PR) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. Reg A inv...Mode Mobile | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredBiden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial inde...Golden Crest | SponsoredSay Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." ...Sasco Gold LLC | SponsoredChina Stockpiling Gold “Like No Tomorrow”For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a populat...True Gold Republic | SponsoredTrump’s weapon lurks in abandoned AmericaUnemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. ...Porter & Company | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Permian Resources Co. Please log in to your account or sign up in order to add this asset to your watchlist. Share Permian Resources With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
