Permian Resources
About: Permian Resources Corp is an independent oil and natural gas company focused on generating outsized returns to stakeholders through the responsible acquisition, optimization and development of oil and liquids-rich natural gas assets. The Company's assets and operations are concentrated in the core of the Permian Basin, and its properties consist of large, contiguous acreage blocks located in West Texas and New Mexico.
Employees: 482
0
Funds holding %
of 7,296 funds
0
Analysts bullish %
of 8 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
140% more call options, than puts
Call options by funds: $72.5M | Put options by funds: $30.2M
32% more repeat investments, than reductions
Existing positions increased: 223 | Existing positions reduced: 169
8% more funds holding in top 10
Funds holding in top 10: 13 [Q4 2024] → 14 (+1) [Q1 2025]
9% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 77
0.92% less ownership
Funds ownership: 97.47% [Q4 2024] → 96.55% (-0.92%) [Q1 2025]
1% less funds holding
Funds holding: 531 [Q4 2024] → 526 (-5) [Q1 2025]
5% less capital invested
Capital invested by funds: $9.86B [Q4 2024] → $9.41B (-$448M) [Q1 2025]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$16
7%
upside
Avg. target
$18.13
21%
upside
High target
$23
54%
upside
8 analyst ratings
8 positive
100%
0 neutral
0%
0 negative
0%
B of A Securities Noah Hungness | 7%upside $16 | Buy Maintained | 23 May 2025 |
Raymond James John Freeman | 54%upside $23 | Strong Buy Reiterated | 19 May 2025 |
Goldman Sachs Neil Mehta | 7%upside $16 | Buy Maintained | 16 May 2025 |
RBC Capital Scott Hanold | 14%upside $17 | Outperform Maintained | 16 May 2025 |
Piper Sandler Mark Lear | 27%upside $19 | Overweight Maintained | 13 May 2025 |
Financial journalist opinion
Based on 6 articles about PR published over the past 30 days
Positive
Seeking Alpha
5 hours ago
Discount Dividends: 2 Irresistible Bargains Hiding In Plain Sight
The market's rebound is impressive, but risks like sticky inflation and high valuations remain. I'm avoiding bonds and focusing on undervalued stocks with strong fundamentals and dividend potential. My top picks include a high-growth energy stock with a solid balance sheet and a cyclical railroad trading at a discount. Both offer realistic 50-100% upside potential. While economic uncertainty persists, these stocks provide a mix of income, growth, and downside protection, ideal for dividend investors in today's market.
Positive
Seeking Alpha
10 hours ago
Permian Resources Expands Smartly While Competitors Hold Back
Permian Resources delivers top-tier free cash flow and cost efficiency, outperforming peers in the Delaware Basin. Permian Resources is expanding strategically through accretive acquisitions and opportunistic share buybacks during market downturns. Recent acquisition of APA's New Mexico assets adds high-margin barrels and enhances long-term inventory quality.
Positive
Seeking Alpha
3 days ago
Permian Resources: Statistically Tied To Brent, Fundamentally Built For Upside
Permian Resources delivered strong Q1 2025 results: production, revenue, and free cash flow all surged while debt and costs declined, boosting shareholder returns. Strategic acquisitions, asset sales, and post-merger synergies have driven operational efficiency, cost reductions, and a focus on high-return assets. My econometric analysis confirms PR shares are tightly linked to Brent oil prices, offering both forecasting value and macrocycle exposure for investors.
Positive
Zacks Investment Research
1 week ago
Permian Resources (PR) Up 0.8% Since Last Earnings Report: Can It Continue?
Permian Resources (PR) reported earnings 30 days ago. What's next for the stock?
Positive
Zacks Investment Research
1 week ago
3 Dividend Stocks to Thrive in 2025 Amid Energy Market Volatility
APA, PBR and PR stand out in a volatile oil market, backed by strong dividends and robust cash flow strategies.
Positive
Seeking Alpha
2 weeks ago
Historic Buying Opportunity: 5-7% Yields With Big Buybacks And Deep Discounts To NAV
Being able to buy high-yield, high-buyback stocks with solid balance sheets at deep discounts to NAV is extremely rare. However, there are several opportunities like this in today's market. I share two of some of my favorite opportunities like this right now.
Positive
Seeking Alpha
1 month ago
Permian Resources: Strong Production Metrics Make It A Buy (Technical Analysis)
Permian Resources is a solid buy due to resilient Q1 results, strong production figures, and a nearly 7% yield, despite oil price headwinds. Technical analysis shows a potential breakout from the long-term downtrend, supported by bullish moving averages and indicators. The stock's P/S ratio contraction suggests undervaluation, making it attractive given the company's robust operational growth and strategic acquisitions.
Positive
Seeking Alpha
1 month ago
Permian Resources: Increasing Scale With Its Northern Delaware Basin Acquisition
Permian Resources Corporation made a $608 million acquisition of Northern Delaware Basin assets that can be paid for with cash on hand. This adds several percent to PR production and boosts its projected free cash flow to near $2 billion per year at $70 WTI oil and $2 Waha natural gas. Permian should also be able to generate over $1.5 billion in 2025 free cash flow at current strip.
Negative
Zacks Investment Research
1 month ago
Permian Resources Q1 Earnings and Revenues Miss Estimates
PR expects an average daily production of 360,000-380,000 Boe/d, with oil production between 170,000 Bbls/d and 175,000 Bbls/d in 2025.
Neutral
Seeking Alpha
1 month ago
Permian Resources Corporation (PR) Q1 2025 Earnings Call Transcript
Permian Resources Corporation (NYSE:PR ) Q1 2025 Earnings Conference Call May 8, 2025 10:00 AM ET Company Participants Hays Mabry – Vice President-Relations Will Hickey – Co-Chief Executive Officer James Walter – Co-Chief Executive Officer Guy Oliphint – Chief Financial Officer Conference Call Participants Neil Mehta – Goldman Sachs Kevin MacCurdy – Pickering Energy Partners John Freeman – Raymond James Scott Hanold – RBC Zach Parham – JPMorgan Gabe Daoud – TD Cowen Leo Mariani – ROTH John Annis – Texas Capital Geoff Jay – Daniel Energy Partners Paul Diamond – Citi Operator Good morning, and welcome to Permian Resources Conference Call to Discuss its First Quarter 2025 Earnings. Today's call is being recorded.
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