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 9 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
9 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$16
18%
upside
Avg. target
$17.56
30%
upside
High target
$19
41%
upside
9 analyst ratings
9 positive
100%
0 neutral
0%
0 negative
0%
Goldman Sachs Neil Mehta 51% 1-year accuracy 18 / 35 met price target | 18%upside $16 | Buy Maintained | 16 May 2025 |
RBC Capital Scott Hanold 19% 1-year accuracy 7 / 37 met price target | 26%upside $17 | Outperform Maintained | 16 May 2025 |
Piper Sandler Mark Lear 43% 1-year accuracy 61 / 141 met price target | 41%upside $19 | Overweight Maintained | 13 May 2025 |
UBS Josh Silverstein 28% 1-year accuracy 17 / 60 met price target | 18%upside $16 | Buy Maintained | 12 May 2025 |
Susquehanna Biju Perincheril 39% 1-year accuracy 24 / 62 met price target | 41%upside $19 | Positive Maintained | 22 Apr 2025 |
Financial journalist opinion
Based on 15 articles about PR published over the past 30 days
Positive
Seeking Alpha
4 days 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 week 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 week 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 week 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.
Neutral
Zacks Investment Research
1 week ago
Permian Resources (PR) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Permian Resources (PR) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Negative
Zacks Investment Research
1 week ago
Permian Resources (PR) Q1 Earnings and Revenues Miss Estimates
Permian Resources (PR) came out with quarterly earnings of $0.42 per share, missing the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.42 per share a year ago.
Neutral
Business Wire
1 week ago
Permian Resources Announces Strong First Quarter 2025 Results, Revised 2025 Guidance and Strategic Bolt-On Acquisition of Core Northern Delaware Basin Assets
MIDLAND, Texas--(BUSINESS WIRE)--PR Announces Strong First Quarter 2025 Results, Revised 2025 Guidance and Strategic Bolt-On Acquisition of Core Northern Delaware Basin Assets.
Neutral
Business Wire
1 week ago
Permian Resources Declares Quarterly Cash Dividend
MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Declares Quarterly Cash Dividend.
Positive
Zacks Investment Research
1 week ago
Permian Resources (PR) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Permian Resources (PR), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2025.
Positive
Kiplinger
1 week ago
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