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Permian Resources (PR)
NYSE:PR
Permian Resources (PR) Stock Price & Analysis
976 Followers
PR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.51 - $18.06
Previous Close$16.09
Volume6.75M
Average Volume (3M)10.60M
Market Cap
$12.39B
Enterprise Value$19.12B
Total Cash (Recent Filing)$73.29M
Total Debt (Recent Filing)$3.91B
Price to Earnings (P/E)14.6
Beta0.72
Next Earnings
Aug 06, 2024EPS Estimate
$0.39Last Dividend Ex-Date
May 20, 2024Dividend Yield1.3%
Share Statistics
EPS (TTM)1.10
Shares Outstanding769,949,894
10 Day Avg. Volume7,754,335
30 Day Avg. Volume10,603,148
Standard Deviation0.52
R-Squared0.19
Alpha0.04
Financial Highlights & Ratios
Price to Book (P/B)1.71
Price to Sales (P/S)2.88
Price to Cash Flow (P/CF)4.60
P/FCF Ratio29.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.49
Enterprise Value/Gross Profit6.13
Enterprise Value/Ebitda10.20
Forecast
1Y Price Target
$20.64Price Target Upside28.28% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
Permian Resources News
Bulls Say, Bears Say
Bulls Say
Acquisition StrategyPR's acquisition strategy has included both bolt-ons and larger-scale M&A, which is drawing investor focus.
Balance Sheet StrengthBalance sheet strength has been maintained despite growth via M&A, with net debt/EBITDAX ~1.0x.
Operational PerformancePermian Resources has built a sizable position in the Delaware Basin through organic growth, large scale M&A, bolt-ons, and grassroots leasing, contributing to a top-tier cost structure and strong operational performance.
Bears Say
Financial PerformanceEBITDX is expected to be approximately 5% below current consensus due to weaker natural gas price realizations.
Shareholder ValueA secondary offering of 51.765 million shares by certain affiliates and a Board member could dilute existing shareholders' value.
Stock ValuationThe stock lagged in the second quarter 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 $10.51 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 Aug 06, 2024 which is in 15 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 1.3%. See more information on Permian Resources dividends here
What is Permian Resources’s EPS estimate?
Permian Resources’s EPS estimate is $0.39.
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
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$20.64 (28.28% Upside)
$20.64 (28.28% 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 $535.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.6%
Last 30 Days ▼ 2.1%
Last 30 Days ▼ 2.1%
Technicals
SMA
Positive
20 days / 200 days
Momentum
50.33%
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
$20.64
▲(28.28% Upside)
Technical Analysis
Best Analysts Covering PR
1 Year
1 Year Success Rate
9/10 ratings generated profit
1 Year Average Return
+53.07%
reiterated a buy rating 3 months 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 +53.07% per trade.
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