Permian Resources (PR) Stock Price, News & Analysis

Company Overview

Permian Resources Corporation (NYSE: PR) is an independent oil and natural gas company focused on the acquisition, development and production of crude oil, natural gas and natural gas liquids. Its operations are concentrated in the Delaware Basin, a major portion of the broader Permian Basin in West Texas and southeastern New Mexico.

The company develops its properties primarily through horizontal drilling and hydraulic fracturing. Its activities include identifying and acquiring acreage, drilling and completing wells, producing hydrocarbons, and managing related gathering and infrastructure operations. Permian Resources sells its production to customers through established energy-market channels.

Permian Resources was created through the combination of Centennial Resource Development and Colgate Energy, a transaction completed in 2022. The company is headquartered in Midland, Texas, and its business is focused on developing oil-weighted resources in the Permian Basin.

Key Stats

• Today's Range: $21.63 to $22.19
• 50-Day Range: $19.78 to $24.49
• 52-Week Range: $11.92 to $24.65
• Volume: 8.81 million shs
• Average Volume: 10.05 million shs
• Market Capitalization: $18.55 billion
• P/E Ratio: 14.66
• Dividend Yield: 2.89%
• Price Target: $24.83
• Consensus Rating: Buy

Permian Resources Stock Analysis - MarketRank™

Permian Resources scored higher than 78% of companies evaluated by MarketBeat, and ranked 67th out of 249 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Permian Resources has received a consensus rating of Buy. The company's average rating score is 3.09, and is based on 5 strong buy ratings, 14 buy ratings, 3 hold ratings, and no sell ratings.

Upside Potential

Permian Resources has a consensus price target of $24.83, representing about 12.1% upside from its current price of $22.14.

Amount of Analyst Coverage

Permian Resources has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -1.32%

Earnings Growth

Earnings for Permian Resources are expected to decrease by -1.32% in the coming year, from $2.27 to $2.24 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Permian Resources is 14.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.94.

Price to Earnings Ratio vs. Sector

The P/E ratio of Permian Resources is 14.66, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 20.39.

Price to Book Value per Share Ratio

Permian Resources has a P/B Ratio of 1.61. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.55% of the float of Permian Resources has been sold short.

Short Interest Ratio / Days to Cover

Permian Resources has a short interest ratio ("days to cover") of 2.43, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Permian Resources has recently increased by 2.68%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Permian Resources pays a meaningful dividend of 3.03%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Permian Resources has only been increasing its dividend for 1 years.

Dividend Coverage

The dividend payout ratio of Permian Resources is 42.38%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Permian Resources will have a dividend payout ratio of 28.57% next year. This indicates that Permian Resources will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.76

News Sentiment

Permian Resources has a news sentiment score of 0.76. 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 news sentiment score is similar to the average news sentiment of Energy companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Permian Resources this week, compared to 6 articles on an average week.

Search Interest

Only 7 people have searched for PR on MarketBeat in the last 30 days. This is a decrease of -70% compared to the previous 30 days.

MarketBeat Follows

14 people have added Permian Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 17% compared to the previous 30 days.

Company Ownership

• Score: 1.6 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In 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 $372,851.00 in company stock.

Percentage Held by Insiders

5.00% of the stock of Permian Resources is held by insiders.

Percentage Held by Institutions

91.84% of the stock of Permian Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 8/05/2026
• Record date for 9/30 Dividend: 9/16/2026
• Ex-Dividend for 9/30 Dividend: 9/16/2026
• Dividend Payable: 9/30/2026
• Today: 10/03/2026
• Next Earnings (Estimated): 11/04/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: Oil, Gas & Consumable Fuels
• Sub-Industry: Oil & Gas Exploration & Production
• Current Symbol: NYSE:PR
• Previous Symbol: NASDAQ:PR
• CIK: 1658566
• Web: www.permianres.com
• Phone: (432) 695-4222
• Fax: N/A
• Employees: 515
• Year Founded: 2021

Price Target and Rating

• Average Price Target for Permian Resources: $24.83
• High Price Target: $30.00
• Low Price Target: $16.00
• Potential Upside/Downside: +12.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.09
• Research Coverage: 22 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.51
• Trailing P/E Ratio: 14.66
• Forward P/E Ratio: 9.76
• P/E Growth: N/A
• Net Income: $935.17 million
• Net Margins: 21.52%
• Pretax Margin: 29.01%
• Return on Equity: 13.47%
• Return on Assets: 8.66%

Debt

• Debt-to-Equity Ratio: 0.25
• Current Ratio: 0.62
• Quick Ratio: 0.62

Sales & Book Value

• Annual Sales: $5.74 billion
• Price / Sales: 3.23
• Cash Flow: $3.93 per share
• Price / Cash Flow: 5.64
• Book Value: $13.79 per share
• Price / Book: 1.61

Miscellaneous

• Outstanding Shares: 837,557,000
• Free Float: 795,679,000
• Market Cap: $18.55 billion
• Optionable: Optionable
• Beta: 0.66