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Permian Resources

14.16 USD
-0.03
0.21%
At close Jul 11, 4:00 PM EDT
After hours
14.18
+0.02
0.14%
1 day
-0.21%
5 days
1.36%
1 month
-1.12%
3 months
28.26%
6 months
-7.99%
Year to date
-4.71%
1 year
-14.54%
5 years
1,679.12%
10 years
41.60%
 

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 7,312 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
13%
upside
Avg. target
$18.25
29%
upside
High target
$23
62%
upside

8 analyst ratings

positive
100%
neutral
0%
negative
0%
Wells Fargo
Hanwen Chang
41%upside
$20
Overweight
Maintained
16 Jun 2025
B of A Securities
Noah Hungness
13%upside
$16
Buy
Maintained
23 May 2025
Raymond James
John Freeman
62%upside
$23
Strong Buy
Reiterated
19 May 2025
Goldman Sachs
Neil Mehta
13%upside
$16
Buy
Maintained
16 May 2025
RBC Capital
Scott Hanold
20%upside
$17
Outperform
Maintained
16 May 2025

Financial journalist opinion

Based on 7 articles about PR published over the past 30 days

Positive
24/7 Wall Street
1 week ago
6 Stocks Rocking a Shift Up to the Russell 1000 Index
Key Points in This Article: The 2025 FTSE Russell reconstitution completed its last annual event, creating opportunity in six stocks moving from Russell 2000 to the Russell 1000.
6 Stocks Rocking a Shift Up to the Russell 1000 Index
Positive
Market Watch
2 weeks ago
20 oil stocks passing a quality screen as Investors wonder what Iran will do next
Nobody knows how badly the international oil market might be disrupted by Iran. But if you want to take advantage of the uncertainty, a screen encompassing debt levels and cash flow can limit your risk.
20 oil stocks passing a quality screen as Investors wonder what Iran will do next
Neutral
Business Wire
3 weeks ago
Permian Resources Announces Closing of Bolt-On Acquisition of Core Delaware Basin Assets
MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced the closing of its previously announced acquisition of certain leasehold and royalty interests located in Eddy and Lea Counties, New Mexico from APA Corporation (Nasdaq: APA). About Permian Resources Headquartered in Midland, Texas, Permian Resources is an independent oil and natural gas company focused on driving peer-leading returns through the acquisition, optimiza.
Permian Resources Announces Closing of Bolt-On Acquisition of Core Delaware Basin Assets
Positive
Seeking Alpha
3 weeks ago
Permian Resources: The Growth Story Continues Right Through Market Uncertainty
Permian Resources continues to deliver rare growth through strategic, accretive acquisitions. Management's disciplined approach—favoring multiple small, value-accretive deals over large, costly ones—minimizes risk and maximizes upside. The company boasts top-tier acreage and a fortress balance sheet.
Permian Resources: The Growth Story Continues Right Through Market Uncertainty
Positive
Seeking Alpha
3 weeks 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.
Discount Dividends: 2 Irresistible Bargains Hiding In Plain Sight
Positive
Seeking Alpha
3 weeks 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.
Permian Resources Expands Smartly While Competitors Hold Back
Positive
Seeking Alpha
4 weeks 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.
Permian Resources: Statistically Tied To Brent, Fundamentally Built For Upside
Positive
Zacks Investment Research
1 month 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?
Permian Resources (PR) Up 0.8% Since Last Earnings Report: Can It Continue?
Positive
Zacks Investment Research
1 month 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.
3 Dividend Stocks to Thrive in 2025 Amid Energy Market Volatility
Positive
Seeking Alpha
1 month 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.
Historic Buying Opportunity: 5-7% Yields With Big Buybacks And Deep Discounts To NAV
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