Permian Resources Balance Sheet Health
Financial Health criteria checks 3/6
Permian Resources has a total shareholder equity of $10.4B and total debt of $4.2B, which brings its debt-to-equity ratio to 40.4%. Its total assets and total liabilities are $16.6B and $6.3B respectively. Permian Resources's EBIT is $2.1B making its interest coverage ratio 7.3. It has cash and short-term investments of $272.0M.
Key information
40.4%
Debt to equity ratio
US$4.18b
Debt
| Interest coverage ratio | 7.3x |
| Cash | US$272.03m |
| Equity | US$10.36b |
| Total liabilities | US$6.25b |
| Total assets | US$16.62b |
Recent financial health updates
Recent updates
These 4 Measures Indicate That Permian Resources (NYSE:PR) Is Using Debt Reasonably Well
Dec 16
Is Now The Time To Put Permian Resources (NYSE:PR) On Your Watchlist?
Nov 28Oil, Gas, And Dividends: Why Permian Resources Remains Massively Undervalued
Nov 23Insufficient Growth At Permian Resources Corporation (NYSE:PR) Hampers Share Price
Nov 10Permian Resources: A Palatable Energy Play
Nov 04Permian Resources: Growth That Also Increases Profitability
Oct 01Permian Resources: The Building Process Continues
Aug 09Investors Interested In Permian Resources Corporation's (NYSE:PR) Earnings
Jul 03Permian Resources: Increased Synergies From Earthstone Integration
Jul 03Permian Resources (NYSE:PR) Has Announced That It Will Be Increasing Its Dividend To $0.20
May 11Permian Resources: A Growth Company With A Lot Of Growth Left
May 08Permian Resources: Now Projected To Generate Over $1.5 Billion In 2024 FCF
Apr 17Permian Resources Corporation's (NYSE:PR) Business Is Trailing The Market But Its Shares Aren't
Apr 01Permian Resources Continues To Make Smaller Acquisitions (Rating Upgrade)
Feb 03Permian Resources: Solid Performance, Stretched Valuation, Time To Take Profits
Jan 18Financial Position Analysis
Short Term Liabilities: PR's short term assets ($865.5M) do not cover its short term liabilities ($1.3B).
Long Term Liabilities: PR's short term assets ($865.5M) do not cover its long term liabilities ($5.0B).
Debt to Equity History and Analysis
Debt Level: PR's net debt to equity ratio (37.7%) is considered satisfactory.
Reducing Debt: PR's debt to equity ratio has increased from 30.8% to 40.4% over the past 5 years.
Debt Coverage: PR's debt is well covered by operating cash flow (80.9%).
Interest Coverage: PR's interest payments on its debt are well covered by EBIT (7.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 22:29 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Permian Resources Corporation is covered by 47 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Subhasish Chandra | Benchmark Company |
| Phillip Jungwirth | BMO Capital Markets Equity Research |