Permian Resources Corporation/PR

$17.08

-0.58%
-
1D1W1MYTD1YMAX

About Permian Resources Corporation

Permian Resources Corporation is an independent oil and natural gas company. The Company is focused on the acquisition, optimization and development of oil and natural gas properties. The Company’s assets and operations are concentrated in the core of the Delaware Basin. Its operations are concentrated in the core of the Delaware Basin and include over 407,000 net leasehold acres across the Permian Basin, including Eddy and Lea Counties, New Mexico and Reeves and Ward Counties, Texas. The Company holds an 83% average working interest in 2,577 gross (2,143 net) operated productive wells and an approximate 11% average working interest in 1,094 gross (120 net) non-operated productive wells. Its wells are primarily oil wells (3,150 gross) that produce associated liquids-rich natural gas.

Ticker

PR

Sector

Energy

Trading on

NYSE

Industry

Oil & Gas Operations

CEO

Guy Oliphint

Employees

461

Headquarters

Midland, United States

PR Metrics

BasicAdvanced
$13.54B
Market cap
15.13
P/E ratio
$1.16
EPS
4.31
Beta
$0.37
Dividend rate
2.68%
Dividend yield
$13.54B
4.31137
$18.28
$8.94
9.91M
$0.37
0.524
60.978
60.99
30.32%
108.756
19.44%
7.5%
10.27%
11%
15.126
4.338
1.497
2.137
26.434
2.11%
2.68%
46.43%
-31.16%
75.19%

What the Analysts think about PR

Analyst Ratings

Majority rating from 18 analysts.
Buy

Price Targets

Average projection from 17 analysts.
15.05% upside
High $24.00
Low $16.00
$17.08
Current price
$19.65
Average price target

PR Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
22.74% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$1.12B
48%
Net income
$255.3M
462.33%
Profit margin
22.74%
280.27%

PR Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 56.76%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.31
$0.21
$0.13
$0.51
-
Expected
$0.39
$0.32
$0.38
$0.33
$0.37
Surprise
-20.75%
-34.51%
-65.87%
56.76%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Permian Resources Corporation stock?

Permian Resources Corporation (PR) has a market cap of $13.54B as of April 19, 2024.

What is the P/E ratio for Permian Resources Corporation stock?

The price to earnings (P/E) ratio for Permian Resources Corporation (PR) stock is 15.13 as of April 19, 2024.

Does Permian Resources Corporation stock pay dividends?

Yes, the Permian Resources Corporation (PR) stock pays dividends to shareholders. As of April 19, 2024, the dividend rate is $0.37 and the yield is 2.68%. Permian Resources Corporation has a payout ratio of 30.32% on a trailing twelve-month basis.

When is the next Permian Resources Corporation dividend payment date?

The next Permian Resources Corporation (PR) dividend payment date is unconfirmed.

What is the beta indicator for Permian Resources Corporation?

Permian Resources Corporation (PR) has a beta rating of 4.31. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Permian Resources Corporation stock price target?

The target price for Permian Resources Corporation (PR) stock is $19.65, which is 15.05% above the current price of $17.08. This is an average based on projections from 17 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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