Permian Resources (DB:YZ8) - Stock Price, News & Analysis

YZ8 Stock Overview

Permian Resources Corporation, an independent oil and natural gas company, focuses on the development of crude oil and related liquids-rich natural gas reserves in the United States.

About the company

YZ8 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	4/6
Past Performance	2/6
Financial Health	2/6
Dividends	3/6

Rewards

Trading at 68.5% below our estimate of its fair value

Earnings are forecast to grow 23.13% per year

Risk Analysis

Profit margins (15.3%) are lower than last year (24.2%)

Significant insider selling over the past 3 months

Shareholders have been diluted in the past year

Unstable dividend track record

+ 1 more risk

Permian Resources Corporation Competitors

Deutsche Rohstoff

XTRA:DR0

€208.6m

Aker BP

OB:AKRBP

kr179.6b

Prio

BOVESPA:PRIO3

R$40.9b

Verbio

XTRA:VBK

€1.2b

Price History & Performance

Summary of all time highs, changes and price drops for Permian Resources
Historical stock prices
Current Share Price	US$16.40
52 Week High	US$16.80
52 Week Low	US$8.23
Beta	4.36
1 Month Change	7.82%
3 Month Change	35.76%
1 Year Change	74.47%
3 Year Change	425.64%
5 Year Change	73.09%
Change since IPO	6.09%

Recent updates

Shareholder Returns

	YZ8	DE Oil and Gas	DE Market
7D	-1.8%	-0.9%	-1.5%
1Y	74.5%	-35.4%	0.9%

Return vs Industry: YZ8 exceeded the German Oil and Gas industry which returned -36.8% over the past year.

Return vs Market: YZ8 exceeded the German Market which returned -0.4% over the past year.

Price Volatility

Is YZ8's price volatile compared to industry and market?
YZ8 volatility
YZ8 Average Weekly Movement	3.2%
Oil and Gas Industry Average Movement	4.8%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.0%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: YZ8's share price has been volatile over the past 3 months.

Volatility Over Time: YZ8's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2015	461	Will Hickey	www.permianres.com

Permian Resources Corporation, an independent oil and natural gas company, focuses on the development of crude oil and related liquids-rich natural gas reserves in the United States. The company’s assets primarily focus on the Delaware Basin, a sub-basin of the Permian Basin. Its properties consist of acreage blocks in West Texas, Eddy County, Lea County, and New Mexico.

Permian Resources Corporation Fundamentals Summary

How do Permian Resources's earnings and revenue compare to its market cap?
YZ8 fundamental statistics
Market cap	€12.71b
Earnings (TTM)	€447.49m
Revenue (TTM)	€2.93b

21.1x

P/E Ratio

3.2x

P/S Ratio

Is YZ8 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
YZ8 income statement (TTM)
Revenue	US$3.12b
Cost of Revenue	US$703.82m
Gross Profit	US$2.42b
Other Expenses	US$1.94b
Earnings	US$476.31m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 07, 2024

Earnings per share (EPS)	0.82
Gross Margin	77.45%
Net Profit Margin	15.26%
Debt/Equity Ratio	41.7%

How did YZ8 perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

27%

Payout Ratio

YZ8 Stock Overview

Rewards

Risk Analysis

Permian Resources Corporation Competitors

XTRA:DR0

€208.6m

OB:AKRBP

kr179.6b

BOVESPA:PRIO3

R$40.9b

XTRA:VBK

€1.2b

Price History & Performance

Recent News & Updates

Permian Resources Corporation to Report Q1, 2024 Results on May 07, 2024

Permian Resources Corporation, Annual General Meeting, May 22, 2024

Director recently sold €14m worth of stock

Permian Resources Corporation has completed a Follow-on Equity Offering in the amount of $764.36 million.

Upcoming dividend of US$0.15 per share

Fourth quarter dividend of US$0.15 announced

Recent updates

Permian Resources Corporation to Report Q1, 2024 Results on May 07, 2024

Permian Resources Corporation, Annual General Meeting, May 22, 2024

Director recently sold €14m worth of stock

Permian Resources Corporation has completed a Follow-on Equity Offering in the amount of $764.36 million.

Upcoming dividend of US$0.15 per share

Fourth quarter dividend of US$0.15 announced

Permian Resources Corporation has completed a Follow-on Equity Offering in the amount of $764.36 million.

Permian Resources Corporation Provides Production Guidance for the Year 2024

Full year 2023 earnings released: EPS: US$1.36 (vs US$1.80 in FY 2022)

Permian Resources Corporation Declares Quarterly Base and Variable Cash Dividend on its Class A Common Stock, Payable on March 21, 2024

Senior VP & Chief Accounting Officer recently sold €2.9m worth of stock

Permian Resources Corporation to Report Q4, 2023 Results on Feb 27, 2024

New minor risk - Shareholder dilution

Permian Resources Corporation has filed a Follow-on Equity Offering.

Director recently sold €4.9m worth of stock

Permian Resources Corporation has filed a Follow-on Equity Offering.

New minor risk - Shareholder dilution

Permian Resources Corporation Declares Quarterly Base and Variable Cash Dividend on its Class A Common Stock, Payable on November 28, 2023

Third quarter 2023 earnings released: EPS: US$0.14 (vs US$0.78 in 3Q 2022)

Permian Resources Corporation (NYSE:PR) completed the acquisition of Earthstone Energy, Inc. from EnCap Capital Energy Fund XI, L.P, managed by EnCap Investments L.P. and others.

Permian Resources Corporation Announces Management Changes

Permian Resources Corporation to Report Q3, 2023 Results on Nov 07, 2023

Permian Resources Corporation has completed a Follow-on Equity Offering in the amount of $264.915 million.

New major risk - Shareholder dilution

Senior VP & Chief Accounting Officer recently sold €2.4m worth of stock

Permian Resources Corporation (NYSE:PR) entered into a definitive agreement to acquire Earthstone Energy, Inc. (NYSE:ESTE) from EnCap Investments L.P. and others for approximately $2.7 billion.

Upcoming dividend of US$0.10 per share at 2.5% yield

New minor risk - Profit margin trend

Second quarter 2023 earnings released: EPS: US$0.23 (vs US$0.67 in 2Q 2022)

Permian Resources Corporation Declares Quarterly Base and Variable Cash Dividend on its Class A Common Stock, Payable on August 23, 2023

Senior VP & Chief Accounting Officer recently sold €4.1m worth of stock

Permian Resources Corporation to Report Q2, 2023 Results on Aug 02, 2023

First quarter 2023 earnings released: EPS: US$0.34 (vs US$0.055 in 1Q 2022)

Permian Resources Corporation Declares Quarterly Base and Variable Cash Dividend on Class A Common Stock, Payable on May 24, 2023

Investor sentiment deteriorates as stock falls 15%

Full year 2022 earnings released: EPS: US$1.80 (vs US$0.49 in FY 2021)

Permian Resources Corporation to Report Q4, 2022 Results on Feb 22, 2023

Permian Resources Corporation (NYSE:PR) entered into a definitive agreement to acquire 4,000 net leasehold acres located predominantly in Lea County, New Mexico for $98 million.

Now 23% undervalued after recent price drop

Permian Resources Corporation Announces Management Changes

Now 20% undervalued

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: US$0.78 (vs US$0.13 in 3Q 2021)

Permian Resources Corporation Declares Inaugural Quarterly Cash Dividend, Payable on November 29, 2022

Permian Resources Corporation to Report Q3, 2022 Results on Nov 08, 2022

Investor sentiment improved over the past week

Permian Resources Corporation Announces Management Changes

Less than half of directors are independent

Centennial Resource Development, Inc. (NasdaqCM:CDEV) completed the acquisition of Colgate Energy Partners III, LLC.

Investor sentiment improved over the past week

Executive VP & COO recently sold €736k worth of stock

Second quarter 2022 earnings released: EPS: US$0.67 (vs US$0.09 loss in 2Q 2021)

Centennial Resource Development, Inc. to Report Q2, 2022 Results on Aug 03, 2022

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Centennial Resource Development, Inc. (NasdaqCM:CDEV) entered into an agreement to acquire Colgate Energy Partners III, LLC for a transaction value of 3.9 billion.

Centennial Resource Development, Inc. (NasdaqCM:CDEV) entered into an agreement to acquire Colgate Energy Partners III, LLC for a transaction value of 3.9 billion.

First quarter 2022 earnings released: EPS: US$0.06 (vs US$0.12 loss in 1Q 2021)