NASDAQ:PR Permian Resources (PR) Stock Price, News & Analysis → Trump’s “Tax Free” Retirement Strategy (From Gold Safe Exchange) (Ad) Free PR Stock Alerts $17.57 +0.42 (+2.45%) (As of 02:57 PM ET) Add Compare Share Share Today's Range$17.25▼$17.7450-Day Range$12.87▼$17.2952-Week Range$8.94▼$17.74Volume6.25 million shsAverage Volume9.78 million shsMarket Capitalization$13.56 billionP/E Ratio15.15Dividend Yield1.14%Price Target$18.18 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsSocial Media Get Permian Resources alerts: Email Address Permian Resources MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside2.7% Upside$18.18 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.62Based on 6 Articles This WeekInsider TradingSelling Shares$516.92 M Sold Last QuarterProj. Earnings Growth39.33%From $1.50 to $2.09 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.29 out of 5 starsOils/Energy Sector45th out of 242 stocksCrude Petroleum & Natural Gas Industry23rd out of 75 stocks 2.4 Analyst's Opinion Consensus RatingPermian Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 9 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $18.18, Permian Resources has a forecasted upside of 2.7% from its current price of $17.71.Amount of Analyst CoveragePermian Resources has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for PR. Previous Next 2.5 Dividend Strength Dividend YieldPermian Resources pays a meaningful dividend of 1.17%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPermian Resources does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Permian Resources is 17.24%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Permian Resources will have a dividend payout ratio of 9.57% next year. This indicates that Permian Resources will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PR. Previous Next 3.1 News and Social Media Coverage News SentimentPermian Resources has a news sentiment score of 0.62. 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 Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Permian Resources this week, compared to 4 articles on an average week.Search Interest29 people have searched for PR on MarketBeat in the last 30 days. This is an increase of 123% compared to the previous 30 days.MarketBeat Follows15 people have added Permian Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 275% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn 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 $516,919,777.00 in company stock.Percentage Held by Insiders23.14% of the stock of Permian Resources is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions91.84% of the stock of Permian Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Permian Resources are expected to grow by 39.33% in the coming year, from $1.50 to $2.09 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Permian Resources is 15.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.13.Price to Earnings Ratio vs. SectorThe P/E ratio of Permian Resources is 15.27, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 19.04.Price to Book Value per Share RatioPermian Resources has a P/B Ratio of 1.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeTrump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.Protect your retirement savings from the inevitable devaluation of the dollar… About Permian Resources Stock (NASDAQ:PR)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.Read More PR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PR Stock News HeadlinesMarch 16, 2024 | insidertrades.comWilliam J. Quinn Sells 18,076,849 Shares of Permian Resources Co. (NASDAQ:PR) StockMarch 11, 2024 | insidertrades.comJohn Charles Bell Sells 500,000 Shares of Permian Resources Co. (NASDAQ:PR) StockMarch 28, 2024 | Behind the Markets (Ad)Urgent: Protect Your Investments from a Chinese InvasionAn alarming new reality is unfolding across America. The United States is bracing for the unthinkable - a potential Chinese invasion.March 26, 2024 | americanbankingnews.comPermian Resources (NASDAQ:PR) Reaches New 1-Year High on Analyst UpgradeMarch 23, 2024 | americanbankingnews.comPermian Resources (NASDAQ:PR) Price Target Raised to $20.00 at Stifel NicolausMarch 18, 2024 | investorplace.comWall Street Favorites: 7 Under-$20 Stocks with Strong Buy Ratings for March 2024March 9, 2024 | finance.yahoo.comPR Apr 2024 10.000 putMarch 7, 2024 | markets.businessinsider.comPiper Sandler Maintains Overweight Rating for Permian Resources: Here's What You Need To KnowMarch 28, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.March 7, 2024 | benzinga.comWilliam J Quinn Implements A Sell Strategy: Offloads $283.99M In Permian Resources StockMarch 7, 2024 | finance.yahoo.comIs It Smart To Buy Permian Resources Corporation (NYSE:PR) Before It Goes Ex-Dividend?March 6, 2024 | businesswire.comPermian Resources Announces Full Redemption of 6.875% Senior Notes Due 2027March 5, 2024 | markets.businessinsider.comStrong Performance and Capital Efficiency Underpin Buy Rating for Permian ResourcesMarch 4, 2024 | markets.businessinsider.comPermian Resources Announces Secondary Offering Of StockMarch 4, 2024 | msn.comPermian Resources announces secondary public offering of class A common stockMarch 1, 2024 | seekingalpha.comPermian Resources Corporation (PR) Q4 2023 Earnings Call TranscriptFebruary 29, 2024 | markets.businessinsider.comBeyond The Numbers: 6 Analysts Discuss Permian Resources StockFebruary 29, 2024 | finance.yahoo.comPermian Resources Corporation (NYSE:PR) Q4 2023 Earnings Call TranscriptFebruary 29, 2024 | hk.finance.yahoo.comQ4 2023 Permian Resources Corp Earnings CallFebruary 29, 2024 | finance.yahoo.comPermian Resources Corp Announces Strong Q4 and Full Year 2023 Results; Sets Ambitious 2024 PlanFebruary 28, 2024 | markets.businessinsider.comBuy Rating Affirmed: Permian Resources Poised for Upside Surprises with Strong Operational Execution and Earthstone SynergiesFebruary 27, 2024 | msn.comPermian Resources GAAP EPS of $0.51 beats by $0.17, revenue of $1.12B beats by $40MFebruary 27, 2024 | businesswire.comPermian Resources Announces Strong Fourth Quarter 2023 Results and Provides Highly Capital Efficient Full Year 2024 PlanFebruary 27, 2024 | businesswire.comPermian Resources Declares Quarterly Cash DividendFebruary 26, 2024 | benzinga.comPreview: Permian Resources's EarningsFebruary 25, 2024 | msn.comFirm applies to store goods vehicles at operating centre in Falmouth DocksFebruary 25, 2024 | uk.news.yahoo.comCan I mention my firm’s financial problems in an interview elsewhere?See More Headlines Receive PR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Permian Resources and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/27/2024Ex-Dividend for 3/21 Dividend3/12/2024Dividend Payable3/21/2024Today3/28/2024Next Earnings (Estimated)5/13/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryN/A Current SymbolNASDAQ:PR CUSIPN/A CIK1658566 WebN/A Phone(432) 695-4222FaxN/AEmployees461Year FoundedN/APrice Target and Rating Average Stock Price Target$18.18 High Stock Price Target$24.00 Low Stock Price Target$14.00 Potential Upside/Downside+6.0%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$1.16 Trailing P/E Ratio14.79 Forward P/E Ratio11.44 P/E GrowthN/ANet Income$476.31 million Net Margins15.26% Pretax Margin33.18% Return on Equity10.98% Return on Assets7.07% Debt Debt-to-Equity Ratio0.42 Current Ratio0.52 Quick Ratio0.52 Sales & Book Value Annual Sales$3.12 billion Price / Sales4.24 Cash Flow$2.26 per share Price / Cash Flow7.59 Book Value$11.96 per share Price / Book1.43Miscellaneous Outstanding Shares771,860,000Free Float593,253,000Market Cap$13.25 billion OptionableOptionable Beta4.35 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. William M. Hickey III (Age 37)Director & Co-CEO Mr. James H. Walter (Age 35)Director & Co-CEO Mr. Matthew R. Garrison (Age 42)Executive VP & COO Comp: $1.17MMr. Brent P. Jensen (Age 54)Senior VP & Chief Accounting Officer Comp: $972.36kMr. John C. Bell (Age 38)Executive VP & General Counsel Comp: $484.4kMr. Guy Oliphint (Age 44)Executive VP & CFO Mr. Hays MabryDirector of Investor RelationsMs. Kathleen M. PhillipsVice President of Human ResourcesMr. William A. WeidigVice President of Finance & TreasurerMore ExecutivesKey CompetitorsOvintivNYSE:OVVChesapeake EnergyNASDAQ:CHKEQTNYSE:EQTMarathon OilNYSE:MROAPANASDAQ:APAView All CompetitorsInsiders & InstitutionsPNC Financial Services Group Inc.Sold 11,828 shares on 3/22/2024Ownership: 0.013%HBK Investments L PBought 185,301 shares on 3/14/2024Ownership: 0.024%Vanguard Group Inc.Bought 19,847,358 shares on 3/11/2024Ownership: 6.260%Encap Partners Gp, LlcSold 9,000,000 sharesTotal: $141.39 M ($15.71/share)Robert John AndersonSold 1,000,000 sharesTotal: $15.71 M ($15.71/share)View All Insider TransactionsView All Institutional Transactions PR Stock Analysis - Frequently Asked Questions Should I buy or sell Permian Resources stock right now? 12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Permian Resources in the last twelve months. There are currently 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PR shares. View PR analyst ratings or view top-rated stocks. What is Permian Resources' stock price target for 2024? 12 brokers have issued 1-year price objectives for Permian Resources' shares. Their PR share price targets range from $14.00 to $24.00. On average, they expect the company's share price to reach $18.18 in the next twelve months. This suggests a possible upside of 2.7% from the stock's current price. View analysts price targets for PR or view top-rated stocks among Wall Street analysts. How have PR shares performed in 2024? Permian Resources' stock was trading at $13.60 at the beginning of the year. Since then, PR shares have increased by 30.2% and is now trading at $17.71. View the best growth stocks for 2024 here. When is Permian Resources' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024. View our PR earnings forecast. How were Permian Resources' earnings last quarter? Permian Resources Co. (NASDAQ:PR) issued its earnings results on Tuesday, February, 27th. The company reported $0.35 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.33 by $0.02. The company earned $1.12 billion during the quarter, compared to analyst estimates of $1.11 billion. Permian Resources had a trailing twelve-month return on equity of 10.98% and a net margin of 15.26%. How often does Permian Resources pay dividends? What is the dividend yield for Permian Resources? Permian Resources announced a quarterly dividend on Tuesday, February 27th. Investors of record on Wednesday, March 13th will be given a dividend of $0.05 per share on Thursday, March 21st. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date is Tuesday, March 12th. Read our dividend analysis for PR. Is Permian Resources a good dividend stock? Permian Resources (NASDAQ:PR) pays an annual dividend of $0.20 per share and currently has a dividend yield of 1.17%. The dividend payout ratio is 17.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PR will have a dividend payout ratio of 9.57% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PR. What ETFs hold Permian Resources' stock? ETFs with the largest weight of Permian Resources (NASDAQ:PR) stock in their portfolio include Invesco Dorsey Wright Energy Momentum ETF (PXI), Invesco Energy Exploration & Production ETF (PXE), Cambria Value and Momentum ETF (VAMO), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), First Trust Natural Gas ETF (FCG), Nuveen Small Cap Select ETF (NSCS), Amplify Natural Resources Dividend Income ETF (NDIV) and Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (GUSH). Who are Permian Resources' major shareholders? Permian Resources' stock is owned by many different retail and institutional investors. Top institutional investors include Riverstone Holdings LLC (6.44%), Vanguard Group Inc. (6.24%), Vanguard Group Inc. (6.26%), EnCap Energy Capital Fund XI L.P. (3.36%), Post Oak Energy Holdings LLC (2.72%) and Nuveen Asset Management LLC (2.42%). Insiders that own company stock include Brent P Jensen, Encap Partners Gp, Llc, Guy M Oliphint, John Charles Bell, Matthew R Garrison, Robert John Anderson, Silver Run Sponsor, Llc, William J Quinn, William M Hickey III and Xi Us Holdings LP Ngp. View institutional ownership trends. How do I buy shares of Permian Resources? Shares of PR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:PR) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeAI to Meet the Same Fate as EVs? Porter & CompanyGrab Your Free Bitcoin Today!Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Permian Resources Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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