Permian Resources Future Growth

Future criteria checks 4/6

Permian Resources is forecast to grow earnings and revenue by 25.2% and 14.7% per annum respectively. EPS is expected to grow by 12.8% per annum. Return on equity is forecast to be 12.1% in 3 years.

Key information

25.2%

Earnings growth rate

12.8%

EPS growth rate

Oil and Gas earnings growth	5.2%
Revenue growth rate	14.7%
Future return on equity	12.1%
Analyst coverage	Good
Last updated	31 May 2024

Recent future growth updates

Recent updates

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

Is There An Opportunity With Permian Resources Corporation's (NYSE:PR) 44% Undervaluation?

Sep 17

Permian Basin Consolidation Continues With Permian Resources' Acquisition Of Earthstone Energy

Aug 22

Earnings and Revenue Growth Forecasts

NYSE:PR - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	5,618	1,270	1,522	3,604	4
12/31/2025	5,475	1,318	1,576	3,624	12
12/31/2024	5,149	1,096	1,307	3,413	12
3/31/2024	3,748	521	427	2,423	N/A
12/31/2023	3,121	476	420	2,213	N/A
9/30/2023	2,760	304	303	1,896	N/A
6/30/2023	2,551	483	425	1,803	N/A
3/31/2023	2,400	601	533	1,650	N/A
12/31/2022	2,131	515	588	1,372	N/A
9/30/2022	1,686	593	523	1,036	N/A
6/30/2022	1,425	406	372	801	N/A
3/31/2022	1,185	189	249	613	N/A
12/31/2021	1,030	138	199	526	N/A
9/30/2021	862	-111	135	374	N/A
6/30/2021	722	-200	89	266	N/A
3/31/2021	580	-169	-64	143	N/A
12/31/2020	580	-683	-157	171	N/A
9/30/2020	689	-585	-241	310	N/A
6/30/2020	769	-537	-393	368	N/A
3/31/2020	923	-524	-327	564	N/A
12/31/2019	944	16	-404	564	N/A
9/30/2019	910	37	-541	560	N/A
6/30/2019	916	80	-495	626	N/A
3/31/2019	890	126	-468	639	N/A
12/31/2018	891	200	-547	670	N/A
9/30/2018	835	199	-462	617	N/A
6/30/2018	711	175	-498	491	N/A
3/31/2018	585	132	-894	372	N/A
12/31/2017	430	76	N/A	260	N/A
9/30/2017	297	73	N/A	147	N/A
6/30/2017	213	53	N/A	119	N/A
3/31/2017	145	16	N/A	62	N/A
12/31/2016	99	-8	N/A	61	N/A
6/30/2016	82	-40	N/A	70	N/A
3/31/2016	82	-38	N/A	70	N/A
12/31/2015	90	-38	N/A	69	N/A
6/30/2015	115	0	N/A	78	N/A
3/31/2015	123	9	N/A	87	N/A
12/31/2014	132	18	N/A	97	N/A
9/30/2014	121	8	N/A	N/A	N/A
6/30/2014	111	-2	N/A	N/A	N/A
3/31/2014	91	1	N/A	N/A	N/A
12/31/2013	71	4	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PR's forecast earnings growth (25.2% per year) is above the savings rate (2.4%).

Earnings vs Market: PR's earnings (25.2% per year) are forecast to grow faster than the US market (14.6% per year).

High Growth Earnings: PR's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PR's revenue (14.7% per year) is forecast to grow faster than the US market (8.4% per year).

High Growth Revenue: PR's revenue (14.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: PR's Return on Equity is forecast to be low in 3 years time (12.1%).

Permian Resources Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 28%

Permian Resources Corporation Provides Production Guidance for the Year 2024

Consensus revenue estimates increase by 11%, EPS downgraded

Price target increased by 7.1% to US$15.07

Recent updates

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.

Director recently sold US$5.4m worth of stock

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

New minor risk - Shareholder dilution

Consensus revenue estimates increase by 11%, EPS downgraded

Permian Resources: Solid Q3 And Completed Acquisition

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

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

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: Earthstone Energy Acquisition Should Close Soon

Executive VP & COO notifies of intention to sell stock

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

Here's Why Permian Resources (NYSE:PR) Has Caught The Eye Of Investors

Executive VP & COO notifies of intention to sell stock

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

Executive VP & COO notifies of intention to sell stock

Is There An Opportunity With Permian Resources Corporation's (NYSE:PR) 44% Undervaluation?

New major risk - Shareholder dilution

Senior VP & Chief Accounting Officer recently sold US$2.5m worth of stock

Executive VP & COO notifies of intention to sell stock

Price target increased by 7.1% to US$15.07

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.

Permian Basin Consolidation Continues With Permian Resources' Acquisition Of Earthstone Energy

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

New minor risk - Profit margin trend

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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