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 7,425 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
118% more call options, than puts
Call options by funds: $71.5M | Put options by funds: $32.7M
65% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 60
33% more repeat investments, than reductions
Existing positions increased: 215 | Existing positions reduced: 162
9% more capital invested
Capital invested by funds: $9.08B [Q3] → $9.85B (+$772M) [Q4]
6% more funds holding
Funds holding: 501 [Q3] → 530 (+29) [Q4]
2.44% more ownership
Funds ownership: 94.96% [Q3] → 97.4% (+2.44%) [Q4]
28% less funds holding in top 10
Funds holding in top 10: 18 [Q3] → 13 (-5) [Q4]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$16
36%
upside
Avg. target
$18
53%
upside
High target
$20
69%
upside
7 analyst ratings
7 positive
100%
0 neutral
0%
0 negative
0%
Susquehanna Biju Perincheril 24% 1-year accuracy 15 / 63 met price target | 61%upside $19 | Positive Maintained | 22 Apr 2025 |
RBC Capital Scott Hanold 18% 1-year accuracy 7 / 39 met price target | 36%upside $16 | Outperform Maintained | 14 Apr 2025 |
B of A Securities Noah Hungness 40% 1-year accuracy 8 / 20 met price target | 44%upside $17 | Buy Maintained | 1 Apr 2025 |
Morgan Stanley Devin McDermott 31% 1-year accuracy 9 / 29 met price target | 61%upside $19 | Overweight Maintained | 27 Mar 2025 |
JP Morgan Arun Jayaram 33% 1-year accuracy 13 / 40 met price target | 53%upside $18 | Overweight Maintained | 13 Mar 2025 |
Financial journalist opinion
Based on 8 articles about PR published over the past 30 days
Positive
Zacks Investment Research
16 hours ago
Permian Resources (PR) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Permian Resources (PR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Positive
Seeking Alpha
2 days ago
Oil Be Rich: My Favorite Energy Dividend Stocks Are A Steal Right Now
Energy stocks are volatile, influenced by factors like commodity prices, geopolitical events, and supply changes. However, despite short-term challenges, I remain optimistic for long-term growth in the sector. Current OPEC moves and geopolitical risks have caused short-term price volatility. Still, I believe energy's long-term potential, driven by supply gaps and demand growth, remains intact. I highlight my top natural gas and oil picks, each with strong reserves, low breakeven costs, and a commitment to shareholder returns.
Positive
Seeking Alpha
4 days ago
Major Market Disconnect: 5%+ Yields Trading For Pennies On The Dollar
One opportunity yields 5.7% and trades at a 31% discount to NAV. The other yields 5% and trades at a 42% discount to NAV. Both are proven inflation hedges and have strong insider-aligned management in sectors the market has deeply mispriced.
Positive
Zacks Investment Research
1 week ago
Should You Consider Buying Permian Resources Stock Now?
PR has outpaced the Zacks Consensus Estimate in four straight quarters, delivering an average positive surprise of 10.1%.
Positive
Zacks Investment Research
1 week ago
Will Permian Resources (PR) Beat Estimates Again in Its Next Earnings Report?
Permian Resources (PR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Neutral
Seeking Alpha
2 weeks ago
Permian Resources: An Excellent Option In These Times Of High Volatility
Permian Resources focuses on liquid fossil fuel development in the Delaware Basin, showing strong management and shareholder-friendly policies. The company's recent acquisition of 29,500 net acres from Occidental Petroleum boosts production and reduces costs, enhancing profitability. Permian Resources offers a 4.3% dividend yield, outperforming industry peers and the S&P 500, reflecting its commitment to shareholder value.
Positive
Seeking Alpha
3 weeks ago
Permian Resources: A Cheap Texas Energy Stock With Solid Fundamentals
Permian Resources gets a buy rating today, in line with the bullish consensus. Strong points are the profit margin, Fitch upgrade in 2024, low debt/equity, and new business acquisitions last year to drive growth. Dividend investors may like the yield above 6%.
Neutral
Business Wire
4 weeks ago
Permian Resources Announces First Quarter 2025 Earnings Conference Call
MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Announces First Quarter 2025 Earnings Conference Call.
Positive
Seeking Alpha
1 month ago
Buy, Baby, Buy: My 12 Favorite Energy Stocks For What's Next
Energy stocks are proving their strength, outperforming the market despite oil price stagnation. Structural shifts, deglobalization, and inflation favor long-term upside. Shale growth is slowing, and oil companies are prioritizing cash flow over expansion. With rising costs, $70 oil is the new $50, limiting U.S. production at lower prices. Uncertainty in policy and tariffs adds pressure, but I see oil stabilizing near $90 long term. My top energy picks remain strong plays for income and capital appreciation.
Positive
Zacks Investment Research
1 month ago
Here is Why Growth Investors Should Buy Permian Resources (PR) Now
Permian Resources (PR) possesses solid growth attributes, which could help it handily outperform the market.
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