Top-Rated StocksTop-RatedTop MarketRank™ StocksTop MarketRank™NASDAQ:PR Permian Resources (PR) Stock Price, News & Analysis $13.90 -0.12 (-0.86%) (As of 09/20/2024 08:54 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$13.68▼$14.0650-Day Range$12.90▼$16.6852-Week Range$12.34▼$18.28Volume35.28 million shsAverage Volume10.09 million shsMarket Capitalization$10.70 billionP/E Ratio12.64Dividend Yield1.73%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… Is Starlink Set For The Largest IPO In History? (Ad)He turned PayPal from a tiny, off-the-radar startup… to a massive $64 billion giant. Then, he did it again with Tesla… which is up more than 19,500% since 2010. For perspective, that turns $100 invested into almost $20,000!Click here now for the urgent details. 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 5th out of 252 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 12.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.43.Price to Earnings Ratio vs. SectorThe P/E ratio of Permian Resources is 12.64, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.96.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 1.16. 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 1.73%, 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 Sentiment0.33 News SentimentPermian Resources has a news sentiment score of 0.33. 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 0.56 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 26 news articles for Permian Resources this week, compared to 6 articles on an average week.Search InterestOnly 20 people have searched for PR on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.MarketBeat FollowsOnly 9 people have added Permian Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% 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.comPR Jan 2025 17.000 callSeptember 21 at 3:55 PM | ca.finance.yahoo.com[SHOCKING] Crypto Document Leak…A shocking leak has revealed Japanese electronics giant Sony is now starting its own blockchain. This move is being made in preparation to onboard all of Sony products (including Sony's Playstation, which captured a record 62% share of the global gaming console market in 2024). Enthusiasts and experts are buzzing with anticipation qnd one little-known crypto coin is poised for RAPID growth as we see this all unfold.September 23, 2024 | Crypto 101 Media (Ad)PR Oct 2024 12.000 putSeptember 21 at 3:55 PM | ca.finance.yahoo.comFY2025 EPS Estimates for Permian Resources Co. (NASDAQ:PR) Reduced by Capital One FinancialSeptember 20 at 7:54 AM | americanbankingnews.comUBS Group Lowers Permian Resources (NASDAQ:PR) Price Target to $18.00September 20 at 4:17 AM | americanbankingnews.comCapital One Financial Comments on Permian Resources Co.'s Q3 2024 Earnings (NASDAQ:PR)September 20 at 1:13 AM | americanbankingnews.comPowering the Permian - DeLa Express LLC to construct 600-mile-long pipeline in West TexasSeptember 19, 2024 | yahoo.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 beginning of 2024. Since then, PR stock has increased by 2.2% and is now trading at $13.90. View the best growth stocks for 2024 here. How were Permian Resources' earnings last quarter? Permian Resources Co. (NASDAQ:PR) announced its quarterly earnings results on Tuesday, August, 6th. The company reported $0.39 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.38 by $0.01. The company's quarterly revenue was up 99.9% on a year-over-year basis. Who are Permian Resources' major shareholders? Top institutional investors 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 Payable8/27/2024Today9/23/2024Next 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+40.3%Consensus RatingModerate Buy Rating Score (0-4)2.93 Research Coverage15 Analysts Profitability EPS (Most Recent Fiscal Year)$1.10 Trailing P/E Ratio12.64 Forward P/E Ratio8.85 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$4.37 billion Price / Sales2.45 Cash Flow$2.32 per share Price / Cash Flow5.99 Book Value$11.96 per share Price / Book1.16Miscellaneous Outstanding Shares769,950,000Free Float671,396,000Market Cap$10.70 billion OptionableOptionable Beta4.33 This page (NASDAQ:PR) was last updated on 9/23/2024 by MarketBeat.com Staff From Our PartnersThe election trade you can't losePolitics is an unpredictable game. 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