Top-Rated StocksTop-RatedMost-Upgraded StocksMost-UpgradedNASDAQ:PR Permian Resources (PR) Stock Price, News & Analysis → These AI trades triggered this morning (545% return) (From Prosper Trading Academy) (Ad) Free PR Stock Alerts $17.33 +0.07 (+0.41%) (As of 04/25/2024 ET) Add Compare Share Share Today's Range$17.13▼$17.4050-Day Range$14.44▼$18.0852-Week Range$8.94▼$18.28Volume5.16 million shsAverage Volume9.36 million shsMarket Capitalization$13.38 billionP/E Ratio14.94Dividend Yield1.15%Price Target$19.31 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 Buy2.86 Rating ScoreUpside/Downside11.4% Upside$19.31 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.72Based on 20 Articles This WeekInsider TradingSelling Shares$516.80 M Sold Last QuarterProj. Earnings Growth21.08%From $1.66 to $2.01 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.4.70 out of 5 starsOils/Energy Sector15th out of 239 stocksCrude Petroleum & Natural Gas Industry4th out of 76 stocks 3.4 Analyst's Opinion Consensus RatingPermian Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 10 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoveragePermian Resources has been the subject of 11 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 1.16%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPermian Resources has only been increasing its dividend for 1 years.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 9.95% 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 3.2 News and Social Media Coverage News SentimentPermian Resources has a news sentiment score of 0.72. 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 is a higher news sentiment than the 0.51 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 20 news articles for Permian Resources this week, compared to 5 articles on an average week.Search InterestOnly 13 people have searched for PR on MarketBeat in the last 30 days. This is a decrease of -57% compared to the previous 30 days.MarketBeat Follows18 people have added Permian Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 80% 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 $516,796,999.00 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 21.08% in the coming year, from $1.66 to $2.01 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Permian Resources is 14.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.07.Price to Earnings Ratio vs. SectorThe P/E ratio of Permian Resources is 14.94, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 16.93.Price to Book Value per Share RatioPermian Resources has a P/B Ratio of 1.45. 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 Stansberry ResearchWorld’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.Click here to find out what to do. 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 HeadlinesApril 24, 2024 | americanbankingnews.comPermian Resources' (PR) "Buy" Rating Reaffirmed at BenchmarkApril 24, 2024 | americanbankingnews.comInvestors Buy Large Volume of Call Options on Permian Resources (NASDAQ:PR)April 26, 2024 | Stansberry Research (Ad)World’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.April 23, 2024 | benzinga.comBehind the Scenes of Permian Resources's Latest Options TrendsApril 23, 2024 | americanbankingnews.comPermian Resources (NASDAQ:PR) Price Target Raised to $18.00 at SusquehannaApril 23, 2024 | americanbankingnews.comPermian Resources (NASDAQ:PR) Price Target Increased to $23.00 by Analysts at Truist FinancialApril 22, 2024 | markets.businessinsider.comRaymond James Sees Opportunity in These 2 ‘Strong Buy’ StocksApril 21, 2024 | americanbankingnews.comPermian Resources (NASDAQ:PR) PT Raised to $23.00 at Piper SandlerApril 26, 2024 | Stansberry Research (Ad)World’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.April 20, 2024 | investing.comPermian Resources stock target raised by Truist SecuritiesApril 18, 2024 | americanbankingnews.comPermian Resources (NASDAQ:PR) Price Target Raised to $21.00 at Wells Fargo & CompanyApril 17, 2024 | markets.businessinsider.comAnalysts Offer Insights on Energy Companies: Permian Resources (PR), Peninsula Energy Limited (OtherPENMF) and Calumet Specialty Products (CLMT)April 17, 2024 | seekingalpha.comPermian Resources: Now Projected To Generate Over $1.5 Billion In 2024 FCFApril 16, 2024 | investing.comPermian Resources shares target raised on synergy gainsApril 16, 2024 | americanbankingnews.comPermian Resources (NASDAQ:PR) Price Target Increased to $20.00 by Analysts at MizuhoApril 15, 2024 | businesswire.comPermian Resources Announces First Quarter 2024 Earnings Conference CallApril 13, 2024 | benzinga.comLooking Into Permian Resources's Recent Short InterestApril 9, 2024 | markets.businessinsider.comAssessing Permian Resources: Insights From 14 Financial AnalystsApril 3, 2024 | finance.yahoo.comIs Permian Resources Corporation's (NYSE:PR) Recent Stock Performance Influenced By Its Fundamentals In Any Way?March 30, 2024 | ca.finance.yahoo.comTop Five Infrastructure and Operations Priorities for 2024 Published in New Report by Info-Tech Research GroupMarch 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 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 ResourcesSee 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 Payable3/21/2024Today4/25/2024Next Earnings (Confirmed)5/07/2024Fiscal 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$19.31 High Stock Price Target$24.00 Low Stock Price Target$14.00 Potential Upside/Downside+11.4%Consensus RatingModerate Buy Rating Score (0-4)2.86 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$1.16 Trailing P/E Ratio14.94 Forward P/E Ratio10.44 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 / Sales4.29 Cash Flow$2.30 per share Price / Cash Flow7.54 Book Value$11.96 per share Price / Book1.45Miscellaneous Outstanding Shares771,860,000Free Float593,253,000Market Cap$13.38 billion OptionableOptionable Beta4.35 The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report Key ExecutivesMr. William M. Hickey III (Age 36)Director & Co-CEO Mr. James H. Walter (Age 35)Director & Co-CEO Mr. 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. Matthew R. Garrison (Age 42)Executive Vice President Comp: $1.17MMr. Guy M. 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:CHKMarathon OilNYSE:MROEQTNYSE:EQTAPANASDAQ:APAView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 2,846,471 shares on 4/25/2024Ownership: 0.978%WCM Investment Management LLCSold 11,855 shares on 4/25/2024Ownership: 0.177%Simplex Trading LLCBought 212,900 shares on 4/25/2024Ownership: 0.000%Zurcher Kantonalbank Zurich Cantonalbank Bought 43,664 shares on 4/25/2024Ownership: 0.021%New York State Teachers Retirement SystemBought 8,200 shares on 4/25/2024Ownership: 0.016%View All Insider TransactionsView All Institutional Transactions PR Stock Analysis - Frequently Asked Questions Should I buy or sell Permian Resources stock right now? 14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Permian Resources in the last year. There are currently 3 hold ratings, 10 buy ratings and 1 strong buy rating 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? 14 Wall Street analysts have issued twelve-month 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 $19.31 in the next twelve months. This suggests a possible upside of 11.4% 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 2024. Since then, PR stock has increased by 27.4% and is now trading at $17.33. 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 Tuesday, May 7th 2024. View our PR earnings forecast. How can I listen to Permian Resources' earnings call? Permian Resources will be holding an earnings conference call on Wednesday, May 8th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 800-938-2488 with passcode "24995". How were Permian Resources' earnings last quarter? Permian Resources Co. (NASDAQ:PR) issued its quarterly earnings data on Tuesday, February, 27th. The company reported $0.35 EPS for the quarter, topping analysts' consensus estimates of $0.33 by $0.02. The business 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. Shareholders 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 1.15%. The ex-dividend date of this dividend 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 1.16%. The company does not yet have a strong track record of dividend growth. 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 9.95% 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), Innovator IBD 50 ETF (FFTY), First Trust Natural Gas ETF (FCG), Invesco Energy Exploration & Production ETF (PXE), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF), Invesco S&P MidCap 400 Pure Growth ETF (RFG) and Nuveen Small Cap Select ETF (NSCS). Who are Permian Resources' major shareholders? Permian Resources' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Bank of New York Mellon Corp (0.98%), Vaughan Nelson Investment Management L.P. (0.50%), Leeward Investments LLC MA (0.29%), Hodges Capital Management Inc. (0.21%), WCM Investment Management LLC (0.18%) and Tributary Capital Management LLC (0.13%). 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 4/26/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? 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