Top-Rated StocksTop-RatedTop MarketRank™ StocksTop MarketRank™NASDAQ:PR Permian Resources (PR) Stock Price, News & Analysis $14.24 +0.38 (+2.74%) (As of 12:13 PM ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsTrends About Permian Resources Stock (NASDAQ:PR) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$14.00▼$14.2750-Day Range$12.90▼$16.6852-Week Range$12.34▼$18.28Volume2.37 million shsAverage Volume9.90 million shsMarket Capitalization$11.43 billionP/E Ratio12.95Dividend Yield1.69%Price Target$19.50Consensus RatingModerate Buy Company OverviewPermian 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… Here comes the May Shockwave (Ad)Now that the Fed has spoken, it’s sure to create a May Shockwave! Now's your best chance to trade this historic event using the method that has seen Doubles, Even Triples within just a few days! You see, while most folks will be paying $500… $1,000… or even MORE to trade popular stocks like Apple, Nvidia, or Microsoft… I’ve discovered a new way to tap into what could be the cheapest options in a volatile market. You see, by entering on certain predetermined dates, we have been able to watch as these $0.25 Cent Trades doubled, even tripled in what feels like no time.Click here to see the details so you don’t miss the next $0.25 Cent Trade! Permian Resources Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 99th PercentilePermian Resources scored higher than 99% of companies evaluated by MarketBeat, and ranked 4th out of 253 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion4.5 / 5Analyst RatingModerate Buy Consensus RatingPermian Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.93, and is based on 12 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoveragePermian Resources has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Permian Resources' stock forecast and price target. Earnings and Valuation4.4 / 5Proj. Earnings Growth17.20% Earnings GrowthEarnings for Permian Resources are expected to grow by 17.20% in the coming year, from $1.57 to $1.84 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Permian Resources is 12.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.56.Price to Earnings Ratio vs. SectorThe P/E ratio of Permian Resources is 12.94, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.54.Price to Earnings Growth RatioPermian Resources has a PEG Ratio of 0.77. 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 1.19. 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. Short InterestN/AShort Interest LevelN/A Short InterestThere is no current short interest data available for PR. Dividend2.5 / 5Dividend StrengthModerate Dividend YieldPermian Resources pays a meaningful dividend of 1.76%, 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 13.04% next year. This indicates that Permian Resources will be able to sustain or increase its dividend.Read more about Permian Resources' dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Short InterestThere is no current short interest data available for PR. News and Social Media1.9 / 5News Sentiment0.44 News SentimentPermian Resources has a news sentiment score of 0.44. 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 0.57 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 17 news articles for Permian Resources this week, compared to 6 articles on an average week.Search InterestOnly 16 people have searched for PR on MarketBeat in the last 30 days. This is a decrease of -58% compared to the previous 30 days.MarketBeat FollowsOnly 11 people have added Permian Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of -8% compared to the previous 30 days. Company Ownership3.3 / 5Insider TradingSelling Shares 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. PR Stock News HeadlinesJohn Charles Bell Sells 4,821 Shares of Permian Resources Co. (NASDAQ:PR) StockSeptember 7, 2024 | insidertrades.comPowering the Permian - DeLa Express LLC to construct 600-mile-long pipeline in West TexasSeptember 19 at 4:33 AM | yahoo.comOur Next Stock Alert Is COMING!!Our Next Stock Alert is A NASDAQ Company in the MMJ Space that is having INSANE Year over Year Growth.. And The Stock Could be Gearing Up for A MASSIVE Bounce..September 19, 2024 | Huge Alerts (Ad)Permian Resources Announces Closing of Bolt-On Acquisition of Core Delaware Basin AssetsSeptember 18 at 9:44 AM | businesswire.comMizuho Trims Permian Resources (NASDAQ:PR) Target Price to $19.00September 18 at 1:21 AM | americanbankingnews.comJPMorgan Chase & Co. Trims Permian Resources (NASDAQ:PR) Target Price to $17.00September 15, 2024 | americanbankingnews.comAnalyzing New Source Energy Partners (OTCMKTS:NSLPQ) and Permian Resources (NASDAQ:PR)September 10, 2024 | americanbankingnews.comPermian Resources: Strong Buy on Dividend Increase and Share Buyback Authorization Amidst UndervaluationSeptember 4, 2024 | markets.businessinsider.comSee More Headlines PR Stock Analysis - Frequently Asked Questions How have PR shares performed this year? Permian Resources' stock was trading at $13.60 at the start of the year. Since then, PR stock has increased by 4.6% and is now trading at $14.23. View the best growth stocks for 2024 here. How were Permian Resources' earnings last quarter? Permian Resources Co. (NASDAQ:PR) announced its quarterly earnings data on Tuesday, August, 6th. The company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.38 by $0.01. The firm's revenue was up 99.9% on a year-over-year basis. Who are Permian Resources' major shareholders? Top institutional shareholders of Permian Resources 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. Company Calendar Last Earnings8/06/2024Ex-Dividend for 8/27 Dividend8/19/2024Dividend Payable8/27/2024Today9/19/2024Next 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$19.50 High Stock Price Target$24.00 Low Stock Price Target$15.00 Potential Upside/Downside+37.1%Consensus RatingModerate Buy Rating Score (0-4)2.93 Research Coverage15 Analysts Profitability EPS (Most Recent Fiscal Year)$1.10 Trailing P/E Ratio12.93 Forward P/E Ratio9.06 P/E Growth0.77Net 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 / Sales3.66 Cash Flow$2.37 per share Price / Cash Flow5.99 Book Value$11.96 per share Price / Book1.19Miscellaneous Outstanding Shares802,540,000Free Float671,396,000Market Cap$11.41 billion OptionableOptionable Beta4.33 This page (NASDAQ:PR) was last updated on 9/19/2024 by MarketBeat.com Staff From Our PartnersChina 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 | 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 | SponsoredThis diversified cannabis pioneer could make huge moves soonThe cannabis industry seems deeply saturated, so how do you know where to best invest your money? Let’s start ...Greenlane | SponsoredTrump Warns Gov. Can Confiscate Your Money. CBDC's give Gov. absoluteDonald Trump once again sounded the alarm against Fed-controlled digital currencies (CBDCs). If these plans...Monetary Gold | SponsoredThis Crypto Is Set to Explode in SeptemberWith thousands of cryptocurrencies out there, it's crucial to focus on the ONE that has the potential to make ...Crypto 101 Media | SponsoredWall St. Icon: Looming Financial Tsunami will Wipe Out the 1%Wall Street icon who forecasted Black Monday and dot-com crash says a new economic event will hit the American...InvestorPlace | SponsoredBill Gates’s Next Big AI Bet: StargateIn February 2016… when almost nobody was talking about artificial intelligence…. I picked Nvidia as one of ...Brownstone Research | SponsoredKamala Harris To Tank the Market?URGENT ELECTION MELTDOWN WARNING From the former CIA advisor who predicted President Trump’s win in 2016…Paradigm Press | Sponsored Adding Choose a watchlist: Watchlist My Default Watchlist Adding Permian Resources Co. You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding 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.