Permian Resources Corporation

NYSE:PR Stock Report

Market Cap: US$12.8b

Permian Resources Valuation

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

Valuation Score

5/6

Valuation Score 5/6

  • 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 ($16.21) is trading below our estimate of fair value ($62.28)

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?

Key metric: As PR is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for PR. This is calculated by dividing PR's market cap by their current earnings.
What is PR's PE Ratio?
PE Ratio11.1x
EarningsUS$1.02b
Market CapUS$12.85b

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 Average12x
CHRD Chord Energy
8.8x4.3%US$8.1b
VNOM Viper Energy
28.3x-10.2%US$10.3b
CIVI Civitas Resources
5.1x-3.5%US$5.0b
OVV Ovintiv
6x-12.3%US$12.1b
PR Permian Resources
11.1x10.2%US$12.8b

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

Price to Earnings Ratio vs Industry

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

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AXAS Abraxas Petroleum
0.09xn/aUS$10.27m
BYRO.F Byron Energy
0.03x-10.3%US$312.17k
USOP.Y U.S. Oil and Gas
n/an/aUS$6.00
No more companies available in this PE range
PR 11.1xIndustry Avg. 11.6xNo. of Companies18PE0816243240+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs 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).

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 Ratio11.1x
Fair PE Ratio13.2x

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

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$16.21
US$18.79
+15.9%
10.7%US$22.00US$14.00n/a19
Nov ’25US$13.41
US$18.16
+35.4%
9.7%US$21.00US$14.00n/a19
Oct ’25US$13.81
US$19.11
+38.3%
11.1%US$24.00US$15.00n/a19
Sep ’25US$14.24
US$20.22
+42.0%
9.8%US$24.00US$16.00n/a18
Aug ’25US$14.81
US$20.72
+39.9%
8.2%US$24.00US$17.00n/a18
Jul ’25US$16.10
US$20.72
+28.7%
8.5%US$24.00US$17.00n/a18
Jun ’25US$16.39
US$20.71
+26.3%
8.7%US$24.00US$17.00n/a17
May ’25US$16.44
US$19.99
+21.6%
10.3%US$24.00US$16.80n/a19
Apr ’25US$17.72
US$18.60
+5.0%
11.7%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$14.00US$13.4115
Oct ’24US$13.96
US$16.87
+20.8%
10.8%US$20.00US$14.00US$13.8115
Sep ’24US$14.43
US$15.73
+9.0%
10.8%US$19.00US$13.00US$14.2415
Aug ’24US$11.66
US$14.00
+20.1%
10.4%US$17.00US$11.00US$14.8115
Jul ’24US$10.96
US$14.07
+28.4%
13.6%US$19.00US$11.00US$16.1014
Jun ’24US$9.44
US$14.07
+49.1%
12.7%US$18.00US$11.00US$16.3914
May ’24US$10.43
US$14.29
+37.0%
10.0%US$17.00US$12.00US$16.4414
Apr ’24US$10.50
US$14.00
+33.3%
9.3%US$16.00US$12.00US$17.7213
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

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

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