Permian Resources Corporation

NYSE:PR Stock Report

Market Cap: US$13.8b

Permian Resources Balance Sheet Health

Financial Health criteria checks 2/6

Permian Resources has a total shareholder equity of $9.2B and total debt of $3.8B, which brings its debt-to-equity ratio to 41.7%. Its total assets and total liabilities are $15.0B and $5.7B respectively. Permian Resources's EBIT is $1.3B making its interest coverage ratio 7.5. It has cash and short-term investments of $73.3M.

Key information

41.7%

Debt to equity ratio

US$3.85b

Debt

Interest coverage ratio7.5x
CashUS$73.29m
EquityUS$9.23b
Total liabilitiesUS$5.74b
Total assetsUS$14.97b

Recent financial health updates

Recent updates

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

Permian Resources: Solid Q3 And Completed Acquisition

Nov 14

Permian Resources: Earthstone Energy Acquisition Should Close Soon

Oct 25

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

Oct 11
Here's Why Permian Resources (NYSE:PR) Has Caught The Eye Of Investors

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

Sep 17
Is There An Opportunity With Permian Resources Corporation's (NYSE:PR) 44% Undervaluation?

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

Aug 22

Permian Resources: Expected To Deliver 10% Oil Production Growth With Substantial FCF

Jul 26

Here's Why We Think Permian Resources (NYSE:PR) Is Well Worth Watching

Jul 01
Here's Why We Think Permian Resources (NYSE:PR) Is Well Worth Watching

We Think Permian Resources (NYSE:PR) Can Stay On Top Of Its Debt

Jun 13
We Think Permian Resources (NYSE:PR) Can Stay On Top Of Its Debt

Is Permian Resources Corporation (NYSE:PR) Trading At A 39% Discount?

Apr 27
Is Permian Resources Corporation (NYSE:PR) Trading At A 39% Discount?

Here's Why We Think Permian Resources (NYSE:PR) Is Well Worth Watching

Feb 24
Here's Why We Think Permian Resources (NYSE:PR) Is Well Worth Watching

Permian Resources GAAP EPS of $0.26 misses by $0.24, revenue of $761.56M beats by $28.92M

Feb 22

Does Permian Resources (NYSE:PR) Have A Healthy Balance Sheet?

Jan 31
Does Permian Resources (NYSE:PR) Have A Healthy Balance Sheet?

Permian Resources: $1 Billion In Positive Cash Flow Likely In 2023

Dec 22

Financial Position Analysis

Short Term Liabilities: PR's short term assets ($650.4M) do not cover its short term liabilities ($1.2B).

Long Term Liabilities: PR's short term assets ($650.4M) do not cover its long term liabilities ($4.5B).


Debt to Equity History and Analysis

Debt Level: PR's net debt to equity ratio (40.9%) is considered high.

Reducing Debt: PR's debt to equity ratio has increased from 21.3% to 41.7% over the past 5 years.

Debt Coverage: PR's debt is well covered by operating cash flow (57.5%).

Interest Coverage: PR's interest payments on its debt are well covered by EBIT (7.5x coverage).


Balance Sheet


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