Top-Rated StocksTop-RatedTop MarketRank™ StocksTop MarketRank™NYSE:PR Permian Resources (PR) Stock Price, News & Analysis $13.51 +0.45 (+3.45%) (As of 09/27/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsTrends Get Permian Resources alerts: Email Address About Permian Resources Stock (NYSE:PR) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Permian Resources alerts:Sign Up Key Stats Today's Range$13.19▼$13.5550-Day Range$12.90▼$15.9252-Week Range$12.34▼$18.28Volume11.69 million shsAverage Volume10.08 million shsMarket Capitalization$10.84 billionP/E Ratio12.28Dividend Yield1.78%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… Retire off just one stock ticker? (Ad)ONE AI Stock is All You Need... There are over 6,000 stocks listed in the market right now. They will NOT make you rich. However, there is one stock that stands head and shoulders above everything else. It's currently trading for only $15...Click here for the ticker >>> Permian Resources Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks100th Percentile Overall ScorePR MarketRank™: Permian Resources scored higher than 100% of companies evaluated by MarketBeat. 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 Growth15.69% Earnings GrowthEarnings for Permian Resources are expected to grow by 15.69% in the coming year, from $1.53 to $1.77 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Permian Resources is 12.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.28.Price to Earnings Ratio vs. SectorThe P/E ratio of Permian Resources is 12.28, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 107.44.Price to Earnings Growth RatioPermian Resources has a PEG Ratio of 0.81. 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 1.13. 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 1.70%, 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 13.56% 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 Media3.6 / 5News Sentiment0.53 News SentimentPermian Resources has a news sentiment score of 0.53. 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 higher news sentiment than the 0.37 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 16 news articles for Permian Resources this week, compared to 6 articles on an average week.Search Interest33 people have searched for PR on MarketBeat in the last 30 days. This is an increase of 65% 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 20% 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. 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 PR Stock News HeadlinesJohn Charles Bell Sells 4,821 Shares of Permian Resources Co. (NASDAQ:PR) StockSeptember 7, 2024 | insidertrades.comPermian Resources (NYSE:PR) Shares Gap Down to $13.75September 28 at 8:15 AM | americanbankingnews.comThe Bible Says it Clear As DayIt came to me clear-as-day thanks to the Bible… in the Parable of Talents, in the book of Matthew… This parable teaches us that it’s our duty, and our challenge, to grow our money … to invest it and put it to good use … rather than keeping it stuffed away in a savings account, or wasting it in some frivolous way. In this video, Wall Street expert Charles Mizrahi shows me a secret that has helped me … and tons of other hardworking Americans … learn to invest just like the pros on WallSeptember 28, 2024 | Prosperity Research (Ad)Brokerages Set Permian Resources Co. (NYSE:PR) Price Target at $19.50September 28 at 3:15 AM | americanbankingnews.comHead-To-Head Analysis: Permian Resources (NYSE:PR) vs. PrimeEnergy Resources (NASDAQ:PNRG)September 28 at 2:10 AM | americanbankingnews.comPowering the Permian – Matterhorn Express pipeline to stretch from West Texas to HoustonSeptember 26 at 2:34 AM | news.yahoo.comPermian Resources Corporation's (NYSE:PR) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?September 25 at 11:30 AM | finance.yahoo.comPermian Resources Corporation (PR): A Good Day Trading Stock To Buy Now?September 25 at 11:30 AM | finance.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 start of the year. Since then, PR stock has decreased by 0.7% and is now trading at $13.51. View the best growth stocks for 2024 here. How were Permian Resources' earnings last quarter? Permian Resources Co. (NYSE:PR) announced its quarterly earnings results on Tuesday, August, 6th. The company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.38 by $0.01. The business's revenue for the quarter 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. Company Calendar Last Earnings8/06/2024Ex-Dividend for 8/27 Dividend8/19/2024Dividend Payable8/27/2024Today9/28/2024Next Earnings (Estimated)11/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorEnergy Industry Oil & Gas E&P Sub-IndustryPetroleum And Natural Gas Current SymbolNYSE:PR Previous SymbolNASDAQ:PR CUSIPN/A CIK1658566 WebN/A Phone(432) 695-4222FaxN/AEmployees461Year 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+44.3%Consensus RatingModerate Buy Rating Score (0-4)2.93 Research Coverage15 Analysts Profitability EPS (Most Recent Fiscal Year)$1.10 Trailing P/E Ratio12.28 Forward P/E Ratio8.83 P/E Growth0.81Net 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 / Sales3.47 Cash Flow$2.18 per share Price / Cash Flow6.21 Book Value$11.96 per share Price / Book1.13Miscellaneous Outstanding Shares802,540,000Free Float671,396,000Market Cap$10.84 billion OptionableOptionable Beta4.33 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report This page (NYSE:PR) was last updated on 9/28/2024 by MarketBeat.com Staff From Our PartnersThe Bible Says it Clear As DayIt came to me clear-as-day thanks to the Bible… in the Parable of Talents, in the book of Matthew… This pa...Prosperity Research | SponsoredProtect Your Bank Account with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank ac...Weiss Ratings | SponsoredIt’s over.We found a tiny company which provides the backbone for the entire $15.7 trillion AI industry... 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