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PR Stock Chart & Stats
$23.30
-$0.02(-0.09%)
At close: 4:00 PM EDT
$23.30
-$0.02(-0.09%)
Day’s Range― - ―
52-Week Range$12.04 - $24.65
Previous CloseN/A
Volume8.04M
Average Volume (3M)9.63M
Market Cap
$20.60B
Enterprise Value$18.76B
Total Cash (Recent Filing)$131.72M
Total Debt (Recent Filing)$3.13B
Price to Earnings (P/E)15.9
Beta0.28
Next Earnings
Nov 04, 2026EPS Estimate
0.61Next Dividend Ex-DateN/A
Dividend Yield2.56%
Share Statistics
EPS (TTM)1.55
Shares Outstanding837,557,000
10 Day Avg. Volume8,537,770
30 Day Avg. Volume9,628,646
Financial Highlights & Ratios
PEG Ratio-0.72
Price to Book (P/B)0.98
Price to Sales (P/S)1.98
P/FCF Ratio18.02
Enterprise Value/Market Cap0.91
Enterprise Value/Revenue3.27
Enterprise Value/Gross Profit6.55
Enterprise Value/Ebitda5.06
Forecast
1Y Price Target
$26.95Price Target Upside15.65% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering20
EPS Forecast (FY)2.31
Revenue Forecast (FY)$6.83B
Bulls Say, Bears Say
Bulls Say
Production Growth And Expanded Delaware Basin OutputHigher production guidance, supported by acquisitions and increased working interests, indicates expanding operated scale in the Delaware Basin. Growing volumes can strengthen cash generation and improve the company’s ability to spread fixed operating costs across a larger production base.
Strong Cash Generation And Improving Free Cash FlowRecord quarterly free cash flow demonstrates substantial internal funding capacity despite continued drilling investment. If sustained, stronger cash generation can support debt reduction, shareholder distributions, and selective acreage additions without relying as heavily on external financing.
Deleveraging And Disciplined Capital EfficiencyMeaningful deleveraging has strengthened financial resilience, while planned capital spending below the prior year alongside higher output points to improved capital productivity. This combination gives management greater flexibility to fund growth and absorb commodity-cycle volatility.
Bears Say
Severe Natural Gas Price ExposureThe WAHA dislocation shows that regional gas exposure can materially disrupt realized prices and production volumes. Although management used curtailments, hedging, and transportation, recurring basis weakness could pressure netbacks and make cash-flow outcomes less predictable.
Margin Compression And Commodity SensitivityLower gross margins indicate that strong reported profitability remains exposed to changes in commodity realizations and operating costs. Continued compression would reduce the cash available for reinvestment, debt reduction, and shareholder returns even if production volumes continue to grow.
M&A Integration And Acquisition-spend UncertaintyRecent acquisition activity expands inventory but also creates execution demands, particularly where assets are scattered or initially carry low working interests. Follow-up trades and uncertain future land spending could increase capital needs and make the timing of expected benefits less predictable.
Permian Resources News
PR FAQ
What was Permian Resources’s price range in the past 12 months?
Permian Resources lowest stock price was $12.04 and its highest was $24.64 in the past 12 months.
What is Permian Resources’s market cap?
Permian Resources’s market cap is $20.60B.
When is Permian Resources’s upcoming earnings report date?
Permian Resources’s upcoming earnings report date is Nov 04, 2026 which is in 16 days.
How were Permian Resources’s earnings last quarter?
Permian Resources released its earnings results on Aug 05, 2026. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.585 by $0.345.
Is Permian Resources overvalued?
According to Wall Street analysts Permian Resources’s price is currently Undervalued.
Does Permian Resources pay dividends?
Permian Resources pays a Quarterly dividend of $0.16 which represents an annual dividend yield of 2.56%. See more information on Permian Resources dividends here
What is Permian Resources’s EPS estimate?
Permian Resources’s EPS estimate is 0.61.
How many shares outstanding does Permian Resources have?
Permian Resources has 837,557,000 shares outstanding.
What happened to Permian Resources’s price movement after its last earnings report?
Permian Resources reported an EPS of $0.93 in its last earnings report, beating expectations of $0.585. Following the earnings report the stock price went up 2.477%.
Which hedge fund is a major shareholder of Permian Resources?
Currently, no hedge funds are holding shares in PR
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Permian Resources Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$26.95 (15.65% Upside)
$26.95 (15.65% Upside)
Blogger Sentiment
Bullish
PR Sentiment 90%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 1.5M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $372.9K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.7%
Last 30 Days ▲ 4.0%
Last 30 Days ▲ 4.0%
News Sentiment
Very Bullish
Bullish news 88%
Bearish news 13%
Bearish news 13%
Technicals
SMA
Positive
20 days / 200 days
Momentum
110.47%
12-Months-Change
Fundamentals
Return on Equity
11.32%
Trailing 12-Months
Asset Growth
5.76%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Permian Resources
Permian Resources Corporation operates as an independent producer in the oil and natural gas sector, primarily concentrating its efforts on the extraction of crude oil and associated liquids-rich natural gas reserves within the United States. Its core operational footprint is situated within the Delaware Basin, which is a major sub-basin of the broader Permian Basin. The company's landholdings are predominantly located across Reeves County in West Texas and Lea County, New Mexico. As of December 31, 2021, Permian Resources reported approximately 73,675 net acres under lease or acquisition, along with 991 net mineral acres, all within the Delaware Basin. The company was formerly known as Centennial Resource Development, Inc., officially changing its name to Permian Resources Corporation in September 2022. Incorporated in 2015, its corporate headquarters are located in Midland, Texas.
PR Company Deck
PR Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call was broadly positive: management reported record quarterly free cash flow, small but meaningful production growth, improved full‑year guidance, a strong and active accretive M&A program, a fortress-like balance sheet (0.5x leverage), and multiple operational efficiency initiatives (longer laterals, water recycling, slim-hole designs, surfactant trials). Key challenges included a severe Q2 WAHA gas-price dislocation that required temporary curtailments, some inflationary input-cost pressures (diesel, casing), and mixed early results from productivity trials. Management communicated disciplined capital allocation and the ability to react quickly to market volatility, which mitigates many short-term risks.View all PR earnings summariesPR Stock 12 Month Forecast
Average Price Target
$26.95
▲(15.65% Upside)
Technical Analysis
Ownership Overview
4.56% Insiders
29.88% Mutual Funds
0.40% Other Institutional Investors
40.58% Public Companies and
Individual Investors