Top-Rated StocksTop-RatedMost-Upgraded StocksMost-UpgradedNASDAQ:PR Permian Resources (PR) Stock Price, News & Analysis → The Best AI Stock to Own in the World Today is Trading for Just $25 (From Banyan Hill Publishing) (Ad) Free PR Stock Alerts $16.57 -0.45 (-2.64%) (As of 05/10/2024 08:55 PM ET) Add Compare Share Share Today's Range$16.49▼$17.2750-Day Range$15.57▼$18.0852-Week Range$8.94▼$18.28Volume8.22 million shsAverage Volume9.12 million shsMarket Capitalization$12.79 billionP/E Ratio15.06Dividend Yield1.21%Price Target$19.38 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/Downside17.0% Upside$19.38 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.83Based on 36 Articles This WeekInsider TradingSelling Shares$516.80 M Sold Last QuarterProj. Earnings Growth8.20%From $1.83 to $1.98 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.4.30 out of 5 starsOils/Energy Sector55th out of 242 stocksCrude Petroleum & Natural Gas Industry21st out of 78 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.Read more about Permian Resources' stock forecast and price target. 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 1.21%, 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 18.18%. 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 10.10% next year. This indicates that Permian Resources will be able to sustain or increase its dividend.Read more about Permian Resources' 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 3.8 News and Social Media Coverage News SentimentPermian Resources has a news sentiment score of 0.83. 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 0.49 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 36 news articles for Permian Resources this week, compared to 5 articles on an average week.Search Interest16 people have searched for PR on MarketBeat in the last 30 days. This is an increase of 14% compared to the previous 30 days.MarketBeat Follows20 people have added Permian Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days. Previous Next 3.3 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 Insiders12.80% 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.Read more about Permian Resources' insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Permian Resources are expected to grow by 8.20% in the coming year, from $1.83 to $1.98 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Permian Resources is 15.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.14.Price to Earnings Ratio vs. SectorThe P/E ratio of Permian Resources is 15.06, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 14.24.Price to Book Value per Share RatioPermian Resources has a P/B Ratio of 1.37. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Permian Resources' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad The Tomorrow InvestorThe Department of Defense Has a New Drone ContractorThe Department of Defense just granted a major advantage to a small UAV provider. Since 1998, this Nasdaq-listed company has been supplying drones for civilian, enterprise, and military purposes.Click here to see how to invest 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 HeadlinesMay 13, 2024 | americanbankingnews.comPermian Resources Co. (NASDAQ:PR) Expected to Post Q2 2024 Earnings of $0.41 Per ShareMay 12, 2024 | americanbankingnews.comPermian Resources (NASDAQ:PR) PT Raised to $21.00May 13, 2024 | Crypto 101 Media (Ad)Tech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. May 11, 2024 | americanbankingnews.comCapital One Financial Analysts Raise Earnings Estimates for Permian Resources Co. (NASDAQ:PR)May 11, 2024 | americanbankingnews.comRoth Capital Brokers Increase Earnings Estimates for Permian Resources Co. (NASDAQ:PR)May 9, 2024 | msn.comPermian Resources Corporation (NYSE:PR) Q1 2024 Earnings Call TranscriptMay 9, 2024 | finance.yahoo.comPermian Resources Corp (PR) (Q1 2024) Earnings Call Transcript Highlights: Strong Performance ...May 9, 2024 | americanbankingnews.comPermian Resources Co. to Post Q2 2024 Earnings of $0.24 Per Share, Roth Capital Forecasts (NASDAQ:PR)May 13, 2024 | Crypto 101 Media (Ad)Tech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. May 8, 2024 | seekingalpha.comPermian Resources: A Growth Company With A Lot Of Growth LeftMay 8, 2024 | markets.businessinsider.comAnalysts Are Bullish on Top Energy Stocks: Crescent Point Energy (CPG), Permian Resources (PR)May 7, 2024 | finance.yahoo.comPermian Resources Corp (PR) Q1 2024 Earnings: Exceeds Expectations and Raises Full-Year GuidanceMay 7, 2024 | businesswire.comPermian Resources Announces Strong First Quarter 2024 Results and Increases Full Year GuidanceMay 7, 2024 | businesswire.comPermian Resources Declares Quarterly Cash DividendMay 6, 2024 | investorplace.com7 Affordable Energy Stocks to Buy Under $20May 6, 2024 | msn.comPermian deals push oil and gas mergers and acquisitions to record start in 2024, but slowdown aheadMay 5, 2024 | americanbankingnews.comPermian Resources (PR) Scheduled to Post Earnings on TuesdayApril 23, 2024 | benzinga.comBehind the Scenes of Permian Resources's Latest Options TrendsApril 22, 2024 | markets.businessinsider.comRaymond James Sees Opportunity in These 2 ‘Strong Buy’ StocksApril 20, 2024 | investing.comPermian Resources stock target raised by Truist SecuritiesApril 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 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?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 Payable3/21/2024Today5/12/2024Ex-Dividend for 5/29 Dividend5/20/2024Dividend Payable5/29/2024Next Earnings (Estimated)8/07/2024Fiscal 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$19.38 High Stock Price Target$24.00 Low Stock Price Target$14.00 Potential Upside/Downside+17.0%Consensus RatingModerate Buy Rating Score (0-4)2.86 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$1.10 Trailing P/E Ratio15.06 Forward P/E Ratio9.05 P/E GrowthN/ANet Income$476.31 million Net Margins13.90% Pretax Margin28.29% Return on Equity11.43% Return on Assets7.23% Debt Debt-to-Equity Ratio0.42 Current Ratio0.55 Quick Ratio0.52 Sales & Book Value Annual Sales$3.12 billion Price / Sales4.10 Cash Flow$2.28 per share Price / Cash Flow7.27 Book Value$12.11 per share Price / Book1.37Miscellaneous Outstanding Shares771,860,000Free Float673,064,000Market Cap$12.79 billion OptionableOptionable Beta4.32 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. 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:OVVMarathon OilNYSE:MROChesapeake EnergyNASDAQ:CHKAntero ResourcesNYSE:AREQTNYSE:EQTView All CompetitorsInsiders & InstitutionsMark Sheptoff Financial Planning LLCBought 10,800 shares on 5/11/2024Ownership: 0.002%Westfield Capital Management Co. LPSold 203,139 shares on 5/10/2024Ownership: 0.588%Mizuho Markets Americas LLCSold 439,126 shares on 5/10/2024Ownership: 0.026%Twin Tree Management LPBought 5,700 shares on 5/10/2024Ownership: 0.000%Banco Santander S.A.Bought 36,261 shares on 5/10/2024Ownership: 0.005%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 analysts have issued "buy," "hold," and "sell" ratings for Permian Resources in the last twelve months. There are currently 3 hold ratings, 10 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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 1 year target prices for Permian Resources' stock. Their PR share price targets range from $14.00 to $24.00. On average, they expect the company's share price to reach $19.38 in the next year. This suggests a possible upside of 17.0% 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 on January 1st, 2024. Since then, PR stock has increased by 21.8% and is now trading at $16.57. 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 Wednesday, August 7th 2024. View our PR earnings forecast. How were Permian Resources' earnings last quarter? Permian Resources Co. (NASDAQ:PR) announced its earnings results on Tuesday, February, 27th. The company reported $0.35 EPS for the quarter, beating 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 net margin of 13.90% and a trailing twelve-month return on equity of 11.43%. How often does Permian Resources pay dividends? What is the dividend yield for Permian Resources? Permian Resources announced a quarterly dividend on Tuesday, May 7th. Shareholders of record on Tuesday, May 21st will be given a dividend of $0.06 per share on Wednesday, May 29th. This represents a $0.24 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date of this dividend is Monday, May 20th. This is a positive change from the stock's previous quarterly dividend of $0.05. 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 1.21%. The dividend payout ratio is 18.18%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PR will have a dividend payout ratio of 10.10% 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 Innovator IBD Breakout Opportunities ETF (BOUT), Invesco Dorsey Wright Energy Momentum ETF (PXI), Innovator IBD 50 ETF (FFTY), Invesco Energy Exploration & Production ETF (PXE), First Trust Natural Gas ETF (FCG), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF) and Nuveen Small Cap Select ETF (NSCS). Who are Permian Resources' major shareholders? Permian Resources' stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (6.96%), Riverstone Holdings LLC (5.83%), Bank of New York Mellon Corp (0.98%), Lord Abbett & CO. LLC (0.73%), Westfield Capital Management Co. LP (0.59%) and Jennison Associates LLC (0.54%). 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 5/13/2024 by MarketBeat.com Staff From Our PartnersThe Department of Defense Has a New Drone ContractorThe Tomorrow InvestorDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsThe Crypto 9-5 Escape PlanCrypto 101 MediaCharles Payne Demystifies OptionsUnstoppable ProsperityElon’s New Device is About to Shock the WorldInvestorPlaceThe A.I. story nobody is telling you (Read ASAP)TradeSmithElon to Transform U.S. Economy? Porter & CompanyBill Clinton Backing Biden Replacement???The Freeport Society 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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