How does PR's PE Ratio compare to its peers?

PR is good value based on its Price-To-Earnings Ratio (11.1x) compared to the peer average (12x).

How does PR's PE Ratio compare vs other companies in the US Oil and Gas Industry?

PR is good value based on its Price-To-Earnings Ratio (11.1x) compared to the US Oil and Gas industry average (11.8x).

What is PR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PR is good value based on its Price-To-Earnings Ratio (11.1x) compared to the estimated Fair Price-To-Earnings Ratio (13.2x).

What is the Fair Price of PR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

PR ($16.21) is trading below our estimate of [[fair value]] ($62.28)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

Permian Resources (NYSE:PR) - Stock Price, News & Analysis

PR Stock Overview

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. More details

PR fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	1/6
Past Performance	5/6
Financial Health	3/6
Dividends	2/6

Rewards

Trading at 74% below our estimate of its fair value

Earnings are forecast to grow 10.18% per year

Earnings grew by 236.6% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Shareholders have been diluted in the past year

Dividend of 3.7% is not well covered by free cash flows

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WarrenAI

Based on Analyst Price Targets

Capitalize On Efficient Operations And Critical Marketing For Robust Free Cash Flow Growth

Key Takeaways Operational efficiencies and bolt-on acquisitions have improved capital efficiency, enhancing future free cash flow and earnings without increased capital expenditure. Enhanced marketing strategies and improved natural gas pricing potential can boost revenue, margins, and positively impact future earnings and cash flows.

View narrative

US$18.68

13.2% undervalued

6.61%

Revenue growth p.a.

3 days ago

Permian Resources Corporation Competitors

Chord Energy

NasdaqGS:CHRD

US$8.1b

Viper Energy

NasdaqGS:VNOM

US$10.3b

Civitas Resources

NYSE:CIVI

US$5.0b

Ovintiv

NYSE:OVV

US$12.1b

Price History & Performance

Summary of all time highs, changes and price drops for Permian Resources
Historical stock prices
Current Share Price	US$16.21
52 Week High	US$18.28
52 Week Low	US$12.34
Beta	4.35
11 Month Change	17.04%
3 Month Change	11.49%
1 Year Change	23.36%
33 Year Change	161.87%
5 Year Change	424.60%
Change since IPO	62.10%

Oil, Gas, And Dividends: Why Permian Resources Remains Massively Undervalued

Nov 23

Insufficient Growth At Permian Resources Corporation (NYSE:PR) Hampers Share Price

Nov 10

Permian Resources: A Palatable Energy Play

Nov 04

Recent updates

Oil, Gas, And Dividends: Why Permian Resources Remains Massively Undervalued

Nov 23

Insufficient Growth At Permian Resources Corporation (NYSE:PR) Hampers Share Price

Nov 10

Permian Resources (NYSE:PR) Has Announced That It Will Be Increasing Its Dividend To $0.20

May 11

Permian Resources: A Growth Company With A Lot Of Growth Left

May 08

Permian Resources: Now Projected To Generate Over $1.5 Billion In 2024 FCF

Apr 17

Permian Resources Corporation's (NYSE:PR) Business Is Trailing The Market But Its Shares Aren't

Apr 01

Permian Resources Continues To Make Smaller Acquisitions (Rating Upgrade)

Feb 03

Permian Resources: Solid Performance, Stretched Valuation, Time To Take Profits

Jan 18

Are Investors Undervaluing Permian Resources Corporation (NYSE:PR) By 46%?

Dec 24

Shareholder Returns

	PR	US Oil and Gas	US Market
7D	9.5%	3.5%	2.2%
1Y	23.4%	17.4%	31.7%

Return vs Industry: PR exceeded the US Oil and Gas industry which returned 17.2% over the past year.

Return vs Market: PR underperformed the US Market which returned 31.1% over the past year.

Price Volatility

Is PR's price volatile compared to industry and market?
PR volatility
PR Average Weekly Movement	4.5%
Oil and Gas Industry Average Movement	5.5%
Market Average Movement	6.3%
10% most volatile stocks in US Market	15.8%
10% least volatile stocks in US Market	3.1%

Stable Share Price: PR has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: PR's weekly volatility (4%) 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?
PR fundamental statistics
Market cap	US$12.85b
Earnings (TTM)	US$1.02b
Revenue (TTM)	US$4.83b

11.1x

P/E Ratio

2.4x

P/S Ratio

Is PR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PR income statement (TTM)
Revenue	US$4.83b
Cost of Revenue	US$1.16b
Gross Profit	US$3.67b
Other Expenses	US$2.64b
Earnings	US$1.02b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.46
Gross Margin	75.94%
Net Profit Margin	21.20%
Debt/Equity Ratio	40.4%

How did PR perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

39%

Payout Ratio

Does PR pay a reliable dividends?

See PR dividend history and benchmarks

When do you need to buy PR by to receive an upcoming dividend?
Permian Resources dividend dates
Ex Dividend Date	Nov 14 2024
Dividend Pay Date	Nov 22 2024
Days until Ex dividend	10 days
Days until Dividend pay date	2 days

Does PR pay a reliable dividends?

See PR dividend history and benchmarks

PR Stock Overview

Rewards

Risk Analysis

Capitalize On Efficient Operations And Critical Marketing For Robust Free Cash Flow Growth

Permian Resources Corporation Competitors

NasdaqGS:CHRD

US$8.1b

NasdaqGS:VNOM

US$10.3b

NYSE:CIVI

US$5.0b

NYSE:OVV

US$12.1b

Price History & Performance

Recent News & Updates

Oil, Gas, And Dividends: Why Permian Resources Remains Massively Undervalued

Insufficient Growth At Permian Resources Corporation (NYSE:PR) Hampers Share Price

Third quarter dividend of US$0.15 announced

Consensus EPS estimates increase by 12%

Permian Resources Corporation Revises Production Guidance for the Year 2024

Permian Resources: A Palatable Energy Play

Recent updates

Oil, Gas, And Dividends: Why Permian Resources Remains Massively Undervalued

Insufficient Growth At Permian Resources Corporation (NYSE:PR) Hampers Share Price

Third quarter dividend of US$0.15 announced

Consensus EPS estimates increase by 12%

Permian Resources Corporation Revises Production Guidance for the Year 2024

Permian Resources: A Palatable Energy Play

Permian Resources Corporation to Report Q3, 2024 Results on Nov 06, 2024

Permian Resources: Growth That Also Increases Profitability

Permian Resources Corporation (NYSE:PR) completed the acquisition of Core Delaware Basin Assets from Occidental Petroleum Corporation.

Director recently bought US$4.0m worth of stock

Permian Resources Corporation (NYSE:PR) announces an Equity Buyback for $1,000 million worth of its shares.

Permian Resources Announces Significant Increase to Its Base Dividend

Second quarter dividend of US$0.21 announced

Permian Resources: The Building Process Continues

Second quarter 2024 earnings: EPS misses analyst expectations

Permian Resources Corporation Revises Production Guidance for the Year 2024

Permian Resources Corporation has completed a Follow-on Equity Offering in the amount of $405.45 million.

Permian Resources Corporation has completed a Follow-on Equity Offering in the amount of $405.45 million.

Permian Resources Corporation Provides Preliminary Production Guidance for the Second Quarter of 2024

Occidental Reportedly Near Deal to Sell Barilla Draw Assets to Permian

Permian Resources Corporation to Report Q2, 2024 Results on Aug 06, 2024

Investors Interested In Permian Resources Corporation's (NYSE:PR) Earnings

Permian Resources: Increased Synergies From Earthstone Integration

Permian Resources Corporation Announces Executive Changes

Permian Resources Corporation has completed a Follow-on Equity Offering in the amount of $852.56955 million.

Permian Resources (NYSE:PR) Has Announced That It Will Be Increasing Its Dividend To $0.20

First quarter dividend increased to US$0.20

Permian Resources: A Growth Company With A Lot Of Growth Left

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Permian Resources Declares Quarterly Cash Dividend, Payable on May 29, 2024

Permian Resources: Now Projected To Generate Over $1.5 Billion In 2024 FCF

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

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

Permian Resources Corporation's (NYSE:PR) Business Is Trailing The Market But Its Shares Aren't

Director & Co-CEO exercised options and sold US$63m worth of stock

Director recently sold US$16m worth of stock

Consensus EPS estimates increase by 28%

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

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

New minor risk - Financial position

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 US$3.2m worth of stock

Senior VP & Chief Accounting Officer recently sold US$3.2m worth of stock

Senior VP & Chief Accounting Officer notifies of intention to sell stock

Permian Resources Continues To Make Smaller Acquisitions (Rating Upgrade)

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

New minor risk - Shareholder dilution

Permian Resources: Solid Performance, Stretched Valuation, Time To Take Profits

Executive VP & CFO notifies of intention to sell stock

Are Investors Undervaluing Permian Resources Corporation (NYSE:PR) By 46%?

Permian Resources Corporation has completed a Follow-on Equity Offering in the amount of $512.4 million.

Shareholder Returns

Price Volatility

About the Company

Permian Resources Corporation Fundamentals Summary

11.1x