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Permian Resources
(NYSE:PR)
Permian Resources (PR) vs. SPDR S&P 500 ETF (SPY)
Permian Resources Business Overview & Revenue Model
Permian Resources Earnings Call Summary
Permian Resources Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.19B | 5.00B | 3.12B | 2.13B | 1.03B | 580.46M |
| Gross Profit | 2.14B | 2.36B | 1.65B | 1.42B | 548.46M | 41.31M |
| EBITDA | 3.57B | 3.62B | 2.20B | 1.41B | 489.15M | -342.58M |
| Net Income | 812.32M | 984.70M | 476.31M | 515.04M | 138.18M | -682.84M |
Balance Sheet | ||||||
| Total Assets | 17.33B | 16.90B | 14.97B | 8.49B | 3.80B | 3.83B |
| Cash, Cash Equivalents and Short-Term Investments | 111.81M | 479.34M | 73.29M | 59.55M | 9.38M | 5.80M |
| Total Debt | 3.69B | 4.31B | 3.91B | 2.21B | 842.98M | 1.07B |
| Total Liabilities | 6.05B | 6.38B | 5.74B | 2.84B | 1.05B | 1.22B |
| Stockholders Equity | 10.03B | 9.14B | 6.34B | 2.94B | 2.75B | 2.60B |
Cash Flow | ||||||
| Free Cash Flow | 3.03B | 291.33M | 419.83M | 587.67M | 198.57M | -156.64M |
| Operating Cash Flow | 3.57B | 3.41B | 2.21B | 1.37B | 525.62M | 171.38M |
| Investing Cash Flow | -2.69B | -3.10B | -1.58B | -1.21B | -226.48M | -326.32M |
| Financing Cash Flow | -1.05B | 97.71M | -631.19M | -106.63M | -297.55M | 147.74M |
Permian Resources Technical Analysis
Permian Resources Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | $10.62B | 11.71 | 8.58% | 4.95% | 7.55% | -34.40% | |
73 Outperform | $8.46B | 5.69 | 27.24% | 4.20% | 4.88% | -41.34% | |
71 Outperform | $8.70B | 15.42 | 14.18% | 0.93% | 23.88% | 20.55% | |
67 Neutral | $10.07B | 19.27 | 7.65% | ― | 17.05% | 1028.81% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
61 Neutral | $6.39B | 103.32 | 2.86% | ― | 35.41% | ― | |
61 Neutral | $9.51B | 41.16 | 2.26% | 3.22% | -8.07% | -87.88% |
Permian Resources Corporate Events
Permian Resources Corporation is an independent oil and natural gas company based in Midland, Texas, focusing on the acquisition, optimization, and development of high-return oil and natural gas properties primarily in the Permian Basin, specifically the Delaware Basin.
The recent earnings call for Permian Resources Corporation was marked by a generally positive sentiment, highlighting significant achievements in free cash flow, production outperformance, cost reductions, and successful acquisition strategies. However, some uncertainties lingered regarding future guidance and the potential impacts of lower commodity prices.
Permian Resources announced strong financial and operational results for the third quarter of 2025, with significant increases in production and reductions in costs. The company reported a total average production of 410.2 MBoe/d and reduced drilling and completion costs by 11% compared to 2024. It also strengthened its balance sheet by reducing debt and increasing liquidity, while enhancing its acquisition strategy with the addition of 5,500 net acres. The company raised its full-year production guidance and improved its natural gas marketing portfolio, positioning itself for better pricing and increased cash flow.
The most recent analyst rating on (PR) stock is a Buy with a $21.00 price target. To see the full list of analyst forecasts on Permian Resources stock, see the PR Stock Forecast page.
Permian Resources Corporation announced a significant amendment to its credit agreement on October 24, 2025. This move is likely to impact the company’s financial operations and could influence its market positioning.
The most recent analyst rating on (PR) stock is a Buy with a $21.00 price target. To see the full list of analyst forecasts on Permian Resources stock, see the PR Stock Forecast page.
On September 15, 2025, Permian Resources Corporation announced the commencement of an underwritten public offering of 46,112,899 shares of its Class A Common Stock by certain affiliates of Pearl Energy Investments and Riverstone Investment Group LLC. The company will not receive any proceeds from this offering. The offering is expected to close around September 16, 2025, and is subject to customary closing conditions. Concurrently, Permian Resources plans to purchase 2,000,000 common units from the selling stockholders, which is conditioned upon the completion of the offering. This move is part of the company’s strategy to optimize its operations and strengthen its market position in the oil and natural gas industry.
The most recent analyst rating on (PR) stock is a Buy with a $19.00 price target. To see the full list of analyst forecasts on Permian Resources stock, see the PR Stock Forecast page.
On March 19, 2021, Permian Resources Operating, LLC issued 3.25% exchangeable senior notes due 2028, which can be exchanged for shares of the company’s Class A Common Stock. These shares have been registered with the SEC, with relevant documentation filed in 2024 and 2025, indicating a strategic financial move to potentially enhance liquidity and shareholder value.
The most recent analyst rating on (PR) stock is a Buy with a $17.00 price target. To see the full list of analyst forecasts on Permian Resources stock, see the PR Stock Forecast page.
On August 28, 2025, Permian Resources Operating, LLC, a subsidiary of Permian Resources Corporation, announced the redemption of its 3.25% Exchangeable Senior Notes due 2028. The redemption process allows noteholders to exchange their notes for shares of the company’s common stock at an increased exchange rate until September 10, 2025, before the notes are repurchased for cash on September 12, 2025. This move is part of the company’s financial strategy to manage its debt obligations and could impact stakeholders by altering the company’s capital structure and potentially affecting stock value.
The most recent analyst rating on (PR) stock is a Buy with a $15.50 price target. To see the full list of analyst forecasts on Permian Resources stock, see the PR Stock Forecast page.
Permian Resources Corporation, an independent oil and natural gas company based in Midland, Texas, focuses on acquiring, optimizing, and developing high-return oil and natural gas properties primarily in the Permian Basin, with a significant presence in the Delaware Basin.
The recent earnings call of Permian Resources Corporation painted a picture of robust operational performance and strategic growth. The company reported increased production and strategic acquisitions, bolstered by achieving an investment-grade rating. Despite facing challenges such as tariffs and market volatility, Permian Resources’ execution of its downturn playbook and strategic marketing agreements suggest a positive outlook for the future.