PR - Permian Resources Corp Stock Price, Fair Value and News

16.57USD-0.45 (-2.64%)Market Closed

Market Summary

USD16.57-0.45

Market Closed

-2.64%

PR Alerts

Big jump in Revenue (Y/Y)

Big fall in earnings (Y/Y)

PR Stock Price

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PR RSI Chart

PR Valuation

Market Cap

13.1B

Price/Earnings (Trailing)

26.22

Price/Sales (Trailing)

3.5

EV/EBITDA

13.35

Price/Free Cashflow

5.41

PR Price/Sales (Trailing)

PR Profitability

EBT Margin

28.29%

Return on Equity

5.35%

Return on Assets

3.31%

Free Cashflow Yield

18.49%

PR Fundamentals

PR Revenue

Revenue (TTM)

3.7B

Rev. Growth (Yr)

101.7%

Rev. Growth (Qtr)

10.72%

PR Earnings

Earnings (TTM)

499.7M

Earnings Growth (Yr)

-33.31%

Earnings Growth (Qtr)

-7.66%

Breaking Down PR Revenue

52 Week Range

17.18

(Low)(High)

Last 7 days

1.8%

Last 30 days

-5.9%

Last 90 days

26.7%

How does PR drawdown profile look like?

PR Financial Health

Current Ratio

0.55

Debt/Equity

0.42

Debt/Cashflow

0.62

PR Investor Care

Shares Dilution (1Y)

37.52%

Diluted EPS (TTM)

1.19

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	3.7B	0	0	0
2023	2.4B	2.6B	2.8B	3.1B
2022	1.2B	1.4B	1.7B	2.1B
2021	580.1M	722.1M	861.5M	1.0B
2020	922.5M	768.8M	688.8M	580.5M
2019	889.7M	916.2M	910.4M	944.3M
2018	584.7M	711.4M	834.7M	891.0M
2017	0	0	293.5M	429.9M
2016	0	0	0	0

Get all data in R, Python etc through our Historical Stock Data APIs

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Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

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Tracking the Latest Insider Buys and Sells of Permian Resources Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 26, 2024	bell john charles	acquired	-	-	28,541	evp, general counsel
Mar 26, 2024	jensen brent p	acquired	-	-	88,090	svp, chief accounting officer
Mar 26, 2024	oliphint guy m	acquired	-	-	50,740	evp, chief financial officer
Mar 06, 2024	encap partners gp, llc	sold	-141,390,000	15.71	-9,000,000	-
Mar 06, 2024	encap partners gp, llc	back to issuer	-	-	-5,449,580	-
Mar 06, 2024	anderson robert john	sold	-15,710,000	15.71	-1,000,000	-
Mar 06, 2024	encap partners gp, llc	acquired	-	-	5,449,580	-
Mar 06, 2024	walter james h	sold	-62,840,000	15.71	-4,000,000	co-chief executive officer
Mar 06, 2024	walter james h	acquired	-	-	4,000,000	co-chief executive officer
Mar 06, 2024	hickey william m iii	sold	-62,840,000	15.71	-4,000,000	co-chief executive officer

Which funds bought or sold PR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 08, 2024	Winthrop Capital Management, LLC	new	-	2,000	2,000	-%
May 08, 2024	STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM	reduced	-33.11	-691,893	738,854	-%
May 08, 2024	EnCap Energy Capital Fund VIII, L.P.	reduced	-12.23	5,741,470	46,838,300	26.98%
May 08, 2024	Russell Investments Group, Ltd.	reduced	-18.95	500,990	10,059,500	0.02%
May 08, 2024	US BANCORP \DE\	reduced	-28.42	-97,637	1,288,070	-%
May 08, 2024	Bleakley Financial Group, LLC	added	11.85	68,786	220,814	0.01%
May 08, 2024	BAILARD, INC.	new	-	501,544	501,544	0.01%
May 08, 2024	WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC	reduced	-15.74	4,267,020	49,576,900	0.13%
May 08, 2024	COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS	added	11.00	550,660	1,798,110	0.01%
May 08, 2024	ProShare Advisors LLC	added	20.97	670,240	1,844,460	-%

Are Funds Buying or Selling PR?

Are funds buying PR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own PR

No. of Funds

Unveiling Permian Resources Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 05, 2024	blackrock inc.	10.6%	57,320,540	SC 13G/A
Mar 08, 2024	riverstone holdings llc	0.3%	1,866,331	SC 13D/A
Mar 08, 2024	luxe energy, llc	3.6%	21,453,062	SC 13D/A
Mar 06, 2024	riverstone holdings llc	-	0	SC 13D/A
Mar 06, 2024	pearl energy investments, l.p.	5.9%	0	SC 13D/A

Recent SEC filings of Permian Resources Corp

View All Filings

Date Filed	Form Type	Document
May 08, 2024	10-Q	Quarterly Report
May 07, 2024	8-K	Current Report
May 01, 2024	8-K	Current Report
Apr 09, 2024	ARS	ARS
Apr 09, 2024	DEF 14A	DEF 14A
Apr 09, 2024	DEFA14A	DEFA14A
Apr 05, 2024	SC 13G/A	Major Ownership Report
Mar 28, 2024	4	Insider Trading
Mar 28, 2024	PRE 14A	PRE 14A
Mar 28, 2024	4	Insider Trading

Peers (Alternatives to Permian Resources Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
XOM	467.0B	341.1B	-2.21%	9.99%	14.24	1.37	-16.75%	-46.83%
CVX	305.6B	198.9B	2.14%	5.33%	15.06	1.54	-18.05%	-43.28%
OXY	57.0B	27.7B	-6.27%	13.02%	13.18	2.06	-22.75%	-55.41%
MRO	15.3B	6.6B	-7.17%	19.89%	10.69	2.32	-15.57%	-47.38%
CHK	11.6B	6.4B	-1.79%	13.64%	10.96	1.8	-54.63%	-85.10%
MID-CAP
RRC	9.0B	2.2B	1.91%	47.15%	18.59	4.08	-62.59%	-77.29%
HP	3.9B	2.7B	-8.87%	25.78%	10.99	1.41	2.93%	8.77%
CNX	3.6B	2.5B	-3.50%	52.68%	3.57	1.43	-6.59%	-31.79%
KOS	2.9B	1.7B	-0.64%	-0.96%	13.11	1.68	-15.13%	-28.06%
CPE	2.4B	2.1B	12.10%	1.07%	5.93	1.13	-35.04%	-60.65%
SMALL-CAP
AMPY	262.2M	304.0M	-4.88%	-3.21%	8.57	0.86	-28.78%	-93.34%
AMTX	182.5M	257.2M	-16.19%	136.42%	-4.12	0.71	7.59%	61.82%
BATL	96.3M	220.8M	-18.34%	-11.63%	-31.58	0.44	-38.52%	-116.44%
AE	73.1M	2.8B	-4.35%	-14.79%	42.7	0.03	-15.01%	137.22%
BRN	27.7M	23.9M	11.74%	2.99%	-10.2	1.16	-21.86%	-149.09%

Permian Resources Corp News

Latest updates

Permian Resources Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	10.7%	1,243	1,123	759	623	616	762	550	473	347	316	289	233	192	148	149	91.00	193	256	229	244	215
Operating Expenses	1.8%	774	761	452	432	380	423	328	190	182	178	192	171	158	195	181	183	802	230	218	207	209
S&GA Expenses	-100.0%	-	39.00	35.00	53.00	35.00	76.00	43.00	10.00	31.00	21.00	36.00	29.00	25.00	18.00	18.00	18.00	19.00	23.00	20.00	18.00	18.00
EBITDA Margin	-12.6%	0.34*	0.39*	0.37*	0.50*	0.55*	0.50*	0.56*	0.42*	0.29*	0.28*	0.06*	-0.05*	-0.02*	-1.05*	-	-	-	-	-	-	-
Interest Expenses	15.2%	73.00	63.00	41.00	37.00	37.00	39.00	29.00	14.00	13.00	14.00	15.00	15.00	17.00	18.00	18.00	17.00	16.00	16.00	15.00	14.00	10.00
Income Taxes	-37.9%	49.00	79.00	16.00	27.00	34.00	41.00	31.00	41.00	7.00	1.00	-	-	-	-	-	-1.92	-83.21	1.00	1.00	6.00	-2.26
Earnings Before Taxes	-43.3%	279	492	115	176	254	240	375	233	23.00	161	37.00	-25.05	-34.65	-88.65	-51.53	3.00	-633	10.00	-2.32	25.00	-10.80
EBT Margin	-14.8%	0.28*	0.33*	0.28*	0.41*	0.46*	0.41*	0.47*	0.32*	0.17*	0.13*	-0.13*	-0.28*	-0.30*	-1.33*	-	-	-	-	-	-	-
Net Income	-7.7%	147	159	45.00	149	220	83.00	224	192	16.00	161	37.00	-25.05	-34.65	-86.29	-51.53	5.00	-550	9.00	-3.71	19.00	-8.54
Net Income Margin	-27.4%	0.13*	0.18*	0.18*	0.27*	0.30*	0.24*	0.35*	0.28*	0.16*	0.13*	-0.13*	-0.27*	-0.29*	-1.18*	-	-	-	-	-	-	-
Free Cashflow	-23.5%	648	846	481	448	438	528	388	295	160	192	154	107	72.00	41.00	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.8%	15,081	14,966	9,210	8,926	8,723	8,493	8,610	4,224	3,959	3,805	3,882	3,874	3,848	3,827	3,923	4,021	4,106	4,688	4,646	4,535	4,479
Current Assets	-6.6%	607	650	565	426	444	464	446	350	189	87.00	110	100	87.00	66.00	65.00	78.00	74.00	120	161	160	214
Cash Equivalents	-81.9%	13.00	73.00	212	18.00	26.00	60.00	46.00	201	51.00	9.00	5.00	5.00	11.00	8.00	5.00	7.00	4.00	16.00	11.00	28.00	89.00
Net PPE	3.1%	45.00	44.00	39.00	39.00	16.00	15.00	15.00	13.00	12.00	11.00	12.00	12.00	12.00	13.00	13.00	14.00	14.00	15.00	15.00	12.00	10.00
Liabilities	0.0%	5,733	5,736	3,243	3,000	2,914	2,836	3,089	1,254	1,187	1,054	1,298	1,336	1,289	1,223	1,235	1,286	1,379	1,418	1,392	1,268	1,237
Current Liabilities	-10.4%	1,112	1,242	760	723	682	606	616	316	300	168	229	221	194	132	121	158	239	254	287	302	274
Long Term Debt	1.6%	3,909	3,849	2,254	2,060	2,043	2,141	2,304	802	801	826	1,005	1,054	1,064	1,069	1,092	1,106	1,118	1,057	1,002	881	881
Shareholder's Equity	47.5%	9,348	6,336	3,655	5,926	5,809	2,936	5,521	2,970	2,771	2,751	2,585	2,538	2,559	2,604	2,688	2,735	2,727	3,271	3,254	3,267	3,242
Retained Earnings	10.2%	627	569	376	364	324	237	170	-54.70	-246	-262	-423	-460	-435	-400	-311	-260	-265	282	273	276	258
Additional Paid-In Capital	9.8%	6,331	5,767	3,279	2,945	2,892	2,698	2,655	3,024	3,018	3,013	3,008	2,999	2,994	3,004	3,000	2,995	2,982	2,976	2,967	2,847	2,840
Shares Outstanding	-100.0%	-	541	-	-	-	289	-	285	285	285	-	-	-	279	-	-	-	-	-	-	-
Minority Interest	-17.4%	2,390	2,894	2,312	2,617	2,593	2,721	2,696	-	-	-	-	-	-	-	-	-	10.00	13.00	14.00	144	143
Float	-	-	-	-	2,940	-	-	-	1,194	-	-	-	1,211	-	-	-	162	-	-	-	1,479	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-23.5%	647,598	845,994	480,801	448,491	438,213	528,295	388,277	294,979	160,120	192,487	153,507	107,279	72,346	41,144	45,729	-16,315	100,818	179,298	104,681	179,166	101,028
Share Based Compensation	9.0%	9,631	8,833	16,020	35,694	17,871	55,509	48,769	6,657	5,545	5,242	23,233	4,481	4,585	4,802	5,028	4,727	6,409	7,646	8,110	6,758	6,483
Cashflow From Investing	-28.2%	-619,348	-483,192	-395,801	-407,258	-292,128	-308,611	-667,835	-144,515	-84,088	-10,158	-89,242	-80,478	-46,598	-18,314	-30,959	-110,074	-166,976	-234,869	-239,600	-239,642	-218,878
Cashflow From Financing	82.3%	-88,835	-501,215	108,428	-48,538	-189,863	-195,819	123,978	4.00	-34,788	-179,921	-63,982	-33,035	-20,609	-25,009	-16,806	129,766	59,792	54,873	119,421	-543	189,186
Dividend Payments	-100.0%	-	61,154	33,174	32,427	15,192	14,426	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Buy Backs	450.4%	31,492	-8,988	27,921	-	29,418	-	16,241	-	-	-	-	-	-	-	-	-	-	-	-	-	-

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PR Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Operating revenues
Oil and gas sales	$ 1,242,999	$ 616,268
Operating expenses
Lease operating expenses	168,671	74,532
Severance and ad valorem taxes	96,166	48,509
Gathering, processing and transportation expenses	39,055	15,482
Depreciation, depletion and amortization	410,179	188,219
General and administrative expenses	37,373	35,474
Merger and integration expense	11,123	13,299
Impairment and abandonment expense	20	245
Exploration and other expenses	11,488	4,374
Total operating expenses	774,075	380,134
Net gain (loss) on sale of long-lived assets	112	66
Income from operations	469,036	236,200
Other income (expense)
Interest expense	(72,587)	(36,777)
Net gain (loss) on derivative instruments	(121,129)	54,512
Other income (expense)	3,232	120
Total other income (expense)	(190,484)	17,855
Income before income taxes	278,552	254,055
Income tax expense	(48,957)	(34,254)
Net income	229,595	219,801
Less: Net income attributable to noncontrolling interest	(83,020)	(117,681)
Net income attributable to Class A Common Stock	$ 146,575	$ 102,120
Income per share of Class A Common Stock:
Basic (USD per share)	$ 0.27	$ 0.35
Diluted (USD per share)	$ 0.25	$ 0.31

PR Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 12,692	$ 73,290
Accounts receivable, net	557,243	481,060
Derivative instruments	5,000	70,591
Prepaid and other current assets	32,442	25,451
Total current assets	607,377	650,392
Oil and natural gas properties, successful efforts method
Unproved properties	2,476,541	2,401,317
Proved properties	15,492,619	15,036,687
Accumulated depreciation, depletion and amortization	(3,808,590)	(3,401,895)
Total oil and natural gas properties, net	14,160,570	14,036,109
Other property and equipment, net	45,007	43,647
Total property and equipment, net	14,205,577	14,079,756
Noncurrent assets
Operating lease right-of-use assets	123,147	59,359
Other noncurrent assets	145,208	176,071
TOTAL ASSETS	15,081,309	14,965,578
Current liabilities
Accounts payable and accrued expenses	977,114	1,167,525
Operating Lease, Liability, Current	53,172	33,006
Derivative instruments	33,687	2,725
Other current liabilities	48,059	38,297
Total current liabilities	1,112,032	1,241,553
Noncurrent liabilities
Long-term debt, net	3,909,418	3,848,781
Asset retirement obligations	128,160	121,417
Deferred income taxes	441,839	422,627
Operating Lease, Liability, Noncurrent	71,898	28,302
Other Liabilities, Noncurrent	69,766	73,150
Total liabilities	5,733,113	5,735,830
Commitments and contingencies (Note 12)
Shareholders’ equity
Additional paid-in capital	6,331,073	5,766,881
Retained earnings (accumulated deficit)	626,930	569,139
Total shareholders' equity	6,958,081	6,336,097
Noncontrolling interest	2,390,115	2,893,651
Total equity	9,348,196	9,229,748
TOTAL LIABILITIES AND EQUITY	15,081,309	14,965,578
Class A
Shareholders’ equity
Common stock	59	54
Class C
Shareholders’ equity
Common stock	$ 19	$ 23

About Permian Resources Corp

Permian Resources Corporation, an independent oil and natural gas company, focuses on the development of crude oil and related liquids-rich natural gas reserves in the United States. Its assets primarily focus on the Delaware Basin, a sub-basin of the Permian Basin. The company's properties consist of acreage blocks in Reeves County, West Texas and Lea County, New Mexico. The company was formerly known as Centennial Resource Development, Inc. and changed its name to Permian Resources Corporation in September 2022. Permian Resources Corporation was incorporated in 2015 and is headquartered in Midland, Texas.

CEO	Mr. William M. Hickey III
WEBSITE	permianres.com
INDUSTRY	Oil - E&P
EMPLOYEES	218

Permian Resources Corp Frequently Asked Questions

What is the ticker symbol for Permian Resources Corp? What does PR stand for in stocks?

PR is the stock ticker symbol of Permian Resources Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Permian Resources Corp (PR)?

As of Thu May 09 2024, market cap of Permian Resources Corp is 13.1 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PR stock?

You can check PR's fair value in chart for subscribers.

What is the fair value of PR stock?

You can check PR's fair value in chart for subscribers. The fair value of Permian Resources Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Permian Resources Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Permian Resources Corp a good stock to buy?

The fair value guage provides a quick view whether PR is over valued or under valued. Whether Permian Resources Corp is cheap or expensive depends on the assumptions which impact Permian Resources Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PR.

What is Permian Resources Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 09 2024, PR's PE ratio (Price to Earnings) is 26.22 and Price to Sales (PS) ratio is 3.5. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PR PE ratio will change depending on the future growth rate expectations of investors.