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Permian Resources (PR)
NYSE:PR
Holding PR?
Track your performance easily
PR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$12.34 - $18.28
Previous Close$13.25
Volume7.63M
Average Volume (3M)10.48M
Market Cap
$10.63B
Enterprise Value$15.89B
Total Cash (Recent Filing)$47.85M
Total Debt (Recent Filing)$3.99B
Price to Earnings (P/E)10.6
Beta0.77
Next Earnings
Nov 05, 2024EPS Estimate
$0.4Last Dividend Ex-Date
Aug 19, 2024Dividend Yield1.66%
Share Statistics
EPS (TTM)1.25
Shares Outstanding802,536,888
10 Day Avg. Volume6,133,853
30 Day Avg. Volume10,479,630
Standard Deviation0.51
R-Squared0.19
Alpha0.04
Financial Highlights & Ratios
Price to Book (P/B)1.27
Price to Sales (P/S)2.43
Price to Cash Flow (P/CF)2.80
P/FCF Ratio8.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.89
Enterprise Value/Gross Profit9.63
Enterprise Value/Ebitda7.04
Forecast
1Y Price Target
$19.75Price Target Upside50.42% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering15
Permian Resources News
PremiumCompany Announcements
Permian Resources Restructures Debt with Senior Notes Issuance
PremiumCompany Announcements
Permian Resources Reveals Impactful Financial InsightsBulls Say, Bears Say
Bulls Say
AcquisitionThe Barilla Draw acquisition is a significant bolt-on in one of PR’s core operating areas.
Financial PerformancePR reported solid 2Q24 financial results which exceeded expectations following the production and capex preannouncements.
Operational EfficienciesOperational efficiencies lead to raised production guide.
Bears Say
Financial PerformanceEBITDX is expected to be ~5% below current consensus due to weaker natural gas price realizations.
Shareholder ValueA secondary offering of 51.765MM shares by certain affiliates and a Board member could dilute existing shareholders' value.
Stock ValuationThe stock lagged in 2Q and continues to trade closer to a SMID-cap E&P valuation.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
PR FAQ
What was Permian Resources’s price range in the past 12 months?
Permian Resources lowest stock price was $12.34 and its highest was $18.28 in the past 12 months.
What is Permian Resources’s market cap?
Currently, no data Available
When is Permian Resources’s upcoming earnings report date?
Permian Resources’s upcoming earnings report date is Nov 05, 2024 which is in 55 days.
How were Permian Resources’s earnings last quarter?
Permian Resources released its earnings results on Aug 06, 2024. The company reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.379 by -$0.019.
Is Permian Resources overvalued?
According to Wall Street analysts Permian Resources’s price is currently Undervalued.
Does Permian Resources pay dividends?
Permian Resources pays a Quarterly dividend of $0.21 which represents an annual dividend yield of 1.66%. See more information on Permian Resources dividends here
What is Permian Resources’s EPS estimate?
Permian Resources’s EPS estimate is $0.4.
How many shares outstanding does Permian Resources have?
Permian Resources has 701,856,750 shares outstanding.
What happened to Permian Resources’s price movement after its last earnings report?
Permian Resources reported an EPS of $0.36 in its last earnings report, missing expectations of $0.379. Following the earnings report the stock price went up 1.109%.
Which hedge fund is a major shareholder of Permian Resources?
Among the largest hedge funds holding Permian Resources’s share is Woodline Partners LP. It holds Permian Resources’s shares valued at 113M.
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Permian Resources Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$19.75 (50.42% Upside)
$19.75 (50.42% Upside)
Blogger Sentiment
Bullish
PR Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Decreased
By 734.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $134.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.6%
Last 30 Days ▼ 5.2%
Last 30 Days ▼ 5.2%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-4.31%
12-Months-Change
Fundamentals
Return on Equity
11.76%
Trailing 12-Months
Asset Growth
72.62%
Trailing 12-Months
Company Description
Permian Resources
Silver Run Acquisition Corporation operates as a special purpose acquisition company. The Company aims to acquire one and more businesses and assets, via a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization. Silver Run Acquisition focuses on acquiring a target business in the energy industry.
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PR Company Deck
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PR Earnings Call
Q2 2024
0:00 / 0:00
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PR Stock 12 Month Forecast
Average Price Target
$19.75
▲(50.42% Upside)
Technical Analysis
Best Analysts Covering PR
1 Year
1 Year Success Rate
10/14 ratings generated profit
1 Year Average Return
+139.17%
assigned a buy rating 8 days ago
Copying Leo Mariani's trades and holding each position for 1 Year would result in 71.43% of your transactions generating a profit, with an average return of +139.17% per trade.
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