Permian Resources Corporation

NYSE:PR Stock Report

Market Cap: US$13.8b

Permian Resources Valuation

Is PR undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: PR ($17.15) is trading below our estimate of fair value ($29.42)

Significantly Below Fair Value: PR is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for PR?

Other financial metrics that can be useful for relative valuation.

PR key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue5.3x
Enterprise Value/EBITDA7.1x
PEG Ratio0.9x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.5x
CTRA Coterra Energy
12.9x12.4%US$20.9b
TPL Texas Pacific Land
32.7x13.3%US$13.3b
CHRD Chord Energy
7.2x17.6%US$7.3b
EQT EQT
9.2x20.5%US$15.9b
PR Permian Resources
20.7x23.5%US$13.8b

Price-To-Earnings vs Peers: PR is expensive based on its Price-To-Earnings Ratio (20.7x) compared to the peer average (15.5x).


Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a-0.7%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a-0.7%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: PR is expensive based on its Price-To-Earnings Ratio (20.7x) compared to the US Oil and Gas industry average (9.2x).


Price to Earnings Ratio vs Fair Ratio

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 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.7x
Fair PE Ratio15.3x

Price-To-Earnings vs Fair Ratio: PR is expensive based on its Price-To-Earnings Ratio (20.7x) compared to the estimated Fair Price-To-Earnings Ratio (15.3x).


Analyst Price Targets

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

The above table shows the analyst PR forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$17.15
US$18.49
+7.8%
11.3%US$24.00US$15.00n/a18
Mar ’25US$16.05
US$17.44
+8.7%
11.7%US$24.00US$14.00n/a18
Feb ’25US$13.34
US$16.83
+26.2%
12.1%US$23.00US$14.00n/a18
Jan ’25US$13.60
US$17.19
+26.4%
9.5%US$20.00US$14.00n/a16
Dec ’24US$13.24
US$17.29
+30.6%
8.6%US$20.00US$15.00n/a17
Nov ’24US$14.33
US$17.47
+21.9%
9.8%US$20.00US$14.00n/a15
Oct ’24US$13.96
US$16.87
+20.8%
10.8%US$20.00US$14.00n/a15
Sep ’24US$14.43
US$15.73
+9.0%
10.8%US$19.00US$13.00n/a15
Aug ’24US$11.66
US$14.00
+20.1%
10.4%US$17.00US$11.00n/a15
Jul ’24US$10.96
US$14.07
+28.4%
13.6%US$19.00US$11.00n/a14
Jun ’24US$9.44
US$14.07
+49.1%
12.7%US$18.00US$11.00n/a14
May ’24US$10.43
US$14.29
+37.0%
10.0%US$17.00US$12.00n/a14
Apr ’24US$10.50
US$14.00
+33.3%
9.3%US$16.00US$12.00n/a13
Mar ’24US$11.14
US$13.31
+19.5%
8.5%US$16.00US$12.00US$16.0513
Feb ’24US$10.64
US$12.69
+19.3%
10.0%US$15.00US$11.00US$13.3413
Jan ’24US$9.40
US$12.33
+31.2%
9.6%US$15.00US$11.00US$13.6012
Dec ’23US$9.79
US$12.42
+26.8%
10.6%US$15.00US$11.00US$13.2412
Nov ’23US$10.14
US$11.38
+12.2%
7.8%US$13.00US$10.00US$14.3312
Oct ’23US$6.80
US$10.90
+60.3%
15.7%US$13.00US$7.00US$13.9610
Sep ’23US$7.62
US$10.36
+36.0%
21.0%US$13.00US$6.50US$14.4311
Aug ’23US$6.54
US$9.82
+50.1%
22.4%US$13.00US$6.50US$11.6611
Jul ’23US$5.98
US$10.80
+80.6%
18.0%US$14.00US$8.00US$10.9610
Jun ’23US$8.52
US$10.60
+24.4%
15.9%US$13.00US$8.00US$9.4410
May ’23US$7.74
US$11.15
+44.0%
12.4%US$14.00US$9.00US$10.4312
Apr ’23US$8.78
US$9.75
+11.0%
12.6%US$12.00US$7.50US$10.5012
Mar ’23US$8.64
US$8.74
+1.2%
11.8%US$11.00US$6.50US$11.1414

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


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