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Permian Resources (PR)
NYSE:PR
Permian Resources (PR) Stock Price & Analysis
885 Followers
PR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$8.76 - $18.06
Previous Close$16.08
Volume11.69M
Average Volume (3M)10.24M
Market Cap
$12.38B
Enterprise Value$17.10B
Total Cash (Recent Filing)$18.28M
Total Debt (Recent Filing)$2.12B
Price to Earnings (P/E)14.6
Beta0.80
Next Earnings
Jul 31, 2024EPS Estimate
$0.4Last Dividend Ex-Date
May 20, 2024Dividend Yield1.24%
Share Statistics
EPS (TTM)1.10
Shares Outstanding769,949,894
10 Day Avg. Volume11,392,809
30 Day Avg. Volume10,240,035
Standard Deviation0.52
R-Squared0.20
Alpha0.04
Financial Highlights & Ratios
Price to Book (P/B)0.00
Price to Sales (P/S)4.39
Price to Cash Flow (P/CF)0.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.70
Enterprise Value/Gross Profit8.03
Enterprise Value/Ebitda9.09
Forecast
1Y Price Target
$20.83Price Target Upside29.54% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12
Permian Resources News
PremiumCompany Announcements
Permian Resources Finalizes Subsidiary Liquidation
PremiumCompany Announcements
Permian Resources Finalizes Subsidiary Liquidation
PremiumCompany Announcements
Permian Resources Announces Public Offering and Private Purchase
PremiumCompany Announcements
Permian Resources Announces Class A Common Stock Public OfferingBulls Say, Bears Say
Bulls Say
Analyst ConfidenceAnalyst reiterates Overweight rating and increases Net Asset Value-based Price Target to $21, suggesting confidence in the stock's future performance.
Operational EfficiencyCompany's operational efficiency improvements and stronger oil prices are expected to lead to an acceleration of activities.
Stock BuybackThe company plans to repurchase and cancel common units, which could potentially increase the value of remaining shares.
Bears Say
Equity DilutionThe company has announced a substantial secondary offering of Class A shares, which may dilute current shareholders' equity.
Merger CostsPR expects about $20 million in remaining merger integration costs, to be incurred mostly in the first half of the year.
Valuation ConcernsTrades at a discount to larger-cap peers on FCF/EV and EV/EBITDX multiples.
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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 $8.76 and its highest was $18.06 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 Jul 31, 2024 which is in 62 days.
How were Permian Resources’s earnings last quarter?
Permian Resources released its earnings results on May 07, 2024. The company reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.372 by -$0.122.
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 $0.2 which represents an annual dividend yield of 1.24%. 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 582,405,330 shares outstanding.
What happened to Permian Resources’s price movement after its last earnings report?
Permian Resources reported an EPS of $0.25 in its last earnings report, missing expectations of $0.372. Following the earnings report the stock price went down -1.615%.
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 104M.
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Permian Resources Stock Smart Score
Neutral
1
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10
Analyst Consensus
Strong Buy
Average Price Target:
$20.83 (29.54% Upside)
$20.83 (29.54% Upside)
Blogger Sentiment
Bullish
PR Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Decreased
By 2.4M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.1B over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
73.10%
12-Months-Change
Fundamentals
Return on Equity
10.26%
Trailing 12-Months
Asset Growth
72.89%
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
Q1 2024
0:00 / 0:00
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PR Stock 12 Month Forecast
Average Price Target
$20.83
▲(29.54% Upside)
Technical Analysis
Best Analysts Covering PR
1 Year
1 Year Success Rate
9/10 ratings generated profit
1 Year Average Return
+51.84%
reiterated a buy rating 22 days ago
Copying Gabriele Sorbara's trades and holding each position for 1 Year would result in 90.00% of your transactions generating a profit, with an average return of +51.84% per trade.
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