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Permian Resources Corp (PR)

NYSE
Currency in USD
15.150
-0.450(-2.88%)
Closed
After Hours
15.050-0.100(-0.66%)
PR Scorecard
Full Analysis
Has raised its dividend for 3 consecutive years
Fair Value
Day's Range
15.00515.620
52 wk Range
12.34018.280
Key Statistics
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Prev. Close
15.15
Open
15.61
Day's Range
15.005-15.62
52 wk Range
12.34-18.28
Volume
6.76M
Average Volume (3m)
9.93M
1-Year Change
17.44%
Book Value / Share
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Fair Value
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Fair Value Upside
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PR Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
18.789
Upside
+24.020%
Members' Sentiments
Bearish
Bullish
ProTips
Analysts anticipate sales growth in the current year
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Permian Resources Corp Company Profile

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.

Industry
Oil & Gas
Sector
Energy
Employees
0

Permian Resources Corp SWOT Analysis


Operational Excellence
Permian Resources excels in cost reduction and efficiency, boosting well completions by 6% without increasing capital budget, signaling strong operational prowess
M&A Mastery
Discover how PR's strategic acquisitions, particularly the ESTE merger, have surpassed synergy expectations and positioned the company as a dominant player in the Delaware Basin
Financial Fortitude
Analysts project PR's adjusted EBITDAX for 2024 and 2025 to exceed market estimates by 5% and 9%, respectively, with price targets ranging from $17 to $21
Future-Focused Strategy
Explore PR's potential for increasing shareholder returns, with projections of capital return yield rising from 4.6% in FY24 to 7.8% in FY25, backed by operational improvements
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Institutional-Grade Stock Analysis
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Permian Resources Corp Earnings Call Summary for Q4/2024

  • Q3 oil production exceeded expectations at 161,000 bpd; full-year guidance raised by 11,000 bpd
  • Q3 adjusted free cash flow at $303M; base dividend increased 150% to $0.60/share
  • Aims for investment-grade ratings by 2025; maintains $2.8B liquidity
  • Expects 0-10% production growth for 2025; targets $800 D&C well cost
  • Water recycling at 50%; goal to increase to 2/3 in next two years
Last Updated: 08/11/2024, 08:30 pm
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Compare PR to Peers and Sector

Metrics to compare
PR
Peers
Sector
Relationship
P/E Ratio
10.4x9.5x4.7x
PEG Ratio
0.13−0.300.00
Price/Book
1.4x1.7x1.1x
Price / LTM Sales
2.5x3.4x1.2x
Upside (Analyst Target)
21.8%27.4%30.3%
Fair Value Upside
Unlock6.4%9.5%Unlock

Analysts' Recommendations

18 Buy
2 Hold
0 Sell
Ratings:
19 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 18.789

(+24.02% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 1.76
Dividend Yield
3.85%
Industry Median 3.99%
Annualised payout
0.6000
Paid quarterly
5-Years Growth
-
Growth Streak

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FAQ

What Is the Permian Resources (PR) Stock Price Today?

The Permian Resources stock price today is 15.15

What Stock Exchange Does Permian Resources Trade On?

Permian Resources is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Permian Resources?

The stock symbol for Permian Resources is "PR."

Does Permian Resources Pay Dividends? What’s The Current Dividend Yield?

The Permian Resources dividend yield is 3.96%.

What Is the Permian Resources Market Cap?

As of today, Permian Resources market cap is 12.22B.

What is Permian Resources Earnings Per Share?

The Permian Resources EPS is 1.76.

What Is the Next Permian Resources Earnings Date?

Permian Resources will release its next earnings report on 18 Feb 2025.

From a Technical Analysis Perspective, Is PR a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.
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