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Permian Resources Corporation logo

Permian Resources Corporation

PR

NYSEEnergyOil & Gas Exploration & Production

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Previous close

$23.75

−$0.12 · -0.50%

Aug 21, 4:00 PM ET

PR company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

59

Fair Value

Momentum

47

Neutral

Sentiment

72

Bullish

Risk resilience

72

Moderate Risk

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AI-generated, informational only, and not investment advice.

Company profile

Company website

Permian Resources Corporation operates as an independent producer in the oil and natural gas sector, primarily concentrating its efforts on the extraction of crude oil and associated liquids-rich natural gas reserves within the United States. Its core operational footprint is situated within the Delaware Basin, which is a major sub-basin of the broader Permian Basin. The company's landholdings are predominantly located across Reeves County in West Texas and Lea County, New Mexico. As of December 31, 2021, Permian Resources reported approximately 73,675 net acres under lease or acquisition, along with 991 net mineral acres, all within the Delaware Basin. The company was formerly known as Centennial Resource Development, Inc., officially changing its name to Permian Resources Corporation in September 2022. Incorporated in 2015, its corporate headquarters are located in Midland, Texas.

Industry
Oil & Gas Exploration & Production
Sector
Energy
Headquarters
US
CEO
William Hickey
Listed since
Apr 15, 2016
Employees
515

Market position

Day range

Current $23.75

52-week range

Current $23.75

Open
$23.96
Previous close
$23.87
Volume
8.93M
0.83× average
Average volume
10.73M
Average daily volume
Market cap
19.89B USD
Beta
0.48
Market reference 1
50-day average
$20.1266
+18.00% above average
200-day average
$18.0991
+31.22% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
13.59B USD
P/E (TTM)
15.35×
P/B (TTM)
1.66×
P/S (TTM)
3.47×
EV / EBITDA
3.67×
Earnings yield
9.31%
Free cash flow yield
5.55%
Dividend yield
2.61%

Profitability & efficiency

Gross margin
49.90%
Operating margin
37.69%
Net margin
21.52%
Return on equity
9.10%
Return on assets
5.13%
Return on invested capital
7.02%

Financial health

Debt / equity
0.26×
Current ratio
0.78×
Altman Z-score
2.55
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends72%51%29%8%Gross margin, FY2021: 53.25%Gross margin, FY2022: 66.48%Gross margin, FY2023: 52.88%Gross margin, FY2024: 47.10%Gross margin, FY2025: 32.72%Operating margin, FY2021: 35.99%Operating margin, FY2022: 47.27%Operating margin, FY2023: 35.13%Operating margin, FY2024: 34.89%Operating margin, FY2025: 29.04%Net margin, FY2021: 13.42%Net margin, FY2022: 24.17%Net margin, FY2023: 15.26%Net margin, FY2024: 19.69%Net margin, FY2025: 18.46%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 53.25%. Gross margin FY2022 66.48%. Gross margin FY2023 52.88%. Gross margin FY2024 47.10%. Gross margin FY2025 32.72%. Operating margin FY2021 35.99%. Operating margin FY2022 47.27%. Operating margin FY2023 35.13%. Operating margin FY2024 34.89%. Operating margin FY2025 29.04%. Net margin FY2021 13.42%. Net margin FY2022 24.17%. Net margin FY2023 15.26%. Net margin FY2024 19.69%. Net margin FY2025 18.46%.

Income trends

Revenue

5.07B USD+1.29%

Operating income

1.47B USD-15.70%

Net income

935.17M USD-5.03%
Income trends across reported periods5.56B USD3.59B USD1.62B USD−354.53M USDRevenue, FY2021: 1.03B USDRevenue, FY2022: 2.13B USDRevenue, FY2023: 3.12B USDRevenue, FY2024: 5B USDRevenue, FY2025: 5.07B USDOperating income, FY2021: 370.62M USDOperating income, FY2022: 1.01B USDOperating income, FY2023: 1.1B USDOperating income, FY2024: 1.74B USDOperating income, FY2025: 1.47B USDNet income, FY2021: 138.18M USDNet income, FY2022: 515.04M USDNet income, FY2023: 476.31M USDNet income, FY2024: 984.7M USDNet income, FY2025: 935.17M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.03B USD. Revenue FY2022 2.13B USD. Revenue FY2023 3.12B USD. Revenue FY2024 5B USD. Revenue FY2025 5.07B USD. Operating income FY2021 370.62M USD. Operating income FY2022 1.01B USD. Operating income FY2023 1.1B USD. Operating income FY2024 1.74B USD. Operating income FY2025 1.47B USD. Net income FY2021 138.18M USD. Net income FY2022 515.04M USD. Net income FY2023 476.31M USD. Net income FY2024 984.7M USD. Net income FY2025 935.17M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue5.07B USD5B USD3.12B USD2.13B USD1.03B USD
Cost of goods sold3.41B USD2.65B USD1.47B USD714.46M USD481.44M USD
Gross profit1.66B USD2.36B USD1.65B USD1.42B USD548.46M USD
Selling, general, and administrative186.47M USD174.63M USD161.86M USD159.55M USD110.45M USD
Operating expenses186.47M USD610.75M USD553.76M USD409.27M USD177.84M USD
Interest expense283.06M USD304.76M USD177.21M USD95.65M USD61.29M USD
Depreciation and amortization2.03B USD1.78B USD1.01B USD444.68M USD289.12M USD
Operating income1.47B USD1.74B USD1.1B USD1.01B USD370.62M USD
Net income935.17M USD984.7M USD476.31M USD515.04M USD138.18M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
36%
4 beats, 5 misses, 2 met estimates
Average EPS surprise
+0.44%
11 comparable reports
Latest EPS result
0.93
Estimate 0.59 · Beat by 58.97%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates10.680.360.04Q1 '25MetQ2 '25MissQ3 '25MetQ4 '25MissQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 25, 2025: actual 0.36, estimate 0.36, surprise 0.00%, Met estimate. Q2 2025, reported May 7, 2025: actual 0.42, estimate 0.423, surprise -0.78%, Miss. Q3 2025, reported Aug 6, 2025: actual 0.27, estimate 0.27, surprise 0.00%, Met estimate. Q4 2025, reported Nov 5, 2025: actual 0.08, estimate 0.308, surprise -74.00%, Miss. Q1 2026, reported Feb 25, 2026: actual 0.45, estimate 0.284, surprise +58.51%, Beat. Q2 2026, reported May 6, 2026: actual 0.05, estimate 0.382, surprise -86.91%, Miss. Q3 2026, reported Aug 5, 2026: actual 0.93, estimate 0.585, surprise +58.97%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 0.57, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.93B1.65B1.37B1.1BQ1 '25MissQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 25, 2025: actual 1.3B USD, estimate 1.3B USD, surprise -0.60%, Miss. Q2 2025, reported May 7, 2025: actual 1.38B USD, estimate 1.38B USD, surprise -0.54%, Miss. Q3 2025, reported Aug 6, 2025: actual 1.2B USD, estimate 1.23B USD, surprise -2.42%, Miss. Q4 2025, reported Nov 5, 2025: actual 1.32B USD, estimate 1.32B USD, surprise -0.10%, Miss. Q1 2026, reported Feb 25, 2026: actual 1.17B USD, estimate 1.29B USD, surprise -9.21%, Miss. Q2 2026, reported May 6, 2026: actual 1.39B USD, estimate 1.41B USD, surprise -1.21%, Miss. Q3 2026, reported Aug 5, 2026: actual 1.86B USD, estimate 1.66B USD, surprise +12.07%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 1.65B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$24.88

4.76% upside
Past 12 months12-month forecastHigh $27.00Average $24.88Low $23.00

Rating distribution

20 ratings
Strong buy15%
Buy1785%
Hold210%
Sell00%
Strong sell00%

Recent analyst actions

12 institutions

PR news

zacks.com

Why Permian Resources (PR) is a Top Momentum Stock for the Long-Term

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Read source
zacks.com

PR Raises 2026 Oil Guidance as Capital Spending Also Moves Higher

Permian Resources raises its 2026 oil target as higher working interest and spending put capital efficiency and execution in focus.

Read source
zacks.com

Permian Resources Beats Q2 Earnings on Strong Price Realizations

PR's Q2 earnings beat estimates as stronger oil and NGL price realizations boost sales and earnings, while 2026 oil guidance rises.

Read source
zacks.com

Why Permian Resources (PR) is a Top Growth Stock for the Long-Term

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Read source
seekingalpha.com

Permian Resources: The Growth Continues Even If More Slowly

Permian Resources (PR) continues its rollup strategy by acquiring small bolt-on assets at significant discounts. PR's disciplined approach has resulted in average acquisition costs of $13K per acre, compared to…

Read source
marketbeat.com

Permian Resources Q2 Earnings Call Highlights

Permian Resources NYSE: PR reported record second-quarter free cash flow of $751 million, or $0.88 per share, as higher oil production, increased working interests in completed wells and a rapid response to…

Read source

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.60

2025 complete year+62.2% since 2023

2026 partial: $0.32

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 16, 2026

$0.16

Quarterly

Record Sep 16, 2026 · Payment Sep 30, 2026

Dividend

Ex-dividend Jun 16, 2026

$0.16

Quarterly

Record Jun 16, 2026 · Payment Jun 30, 2026

Dividend

Ex-dividend Mar 17, 2026

$0.16

Quarterly

Record Mar 17, 2026 · Payment Mar 31, 2026

Dividend

Ex-dividend Dec 17, 2025

$0.15

Quarterly

Record Dec 17, 2025 · Payment Dec 31, 2025

Dividend

Ex-dividend Sep 16, 2025

$0.15

Quarterly

Record Sep 16, 2025 · Payment Sep 30, 2025

Dividend

Ex-dividend Jun 16, 2025

$0.15

Quarterly

Record Jun 16, 2025 · Payment Jun 30, 2025

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ETFs holding PR

Funds reporting this stock among their holdings, ordered by reported position size.

iShares Core S&P Mid-Cap ETF logoiShares Core S&P Mid-Cap ETFIJH
Market value
603.83M
Weight
0.47%
AUM
125.92B USD
Expense ratio
0.05%
Price / 1D
$76.77+0.52%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
539.57M
Weight
0.02%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Vanguard Morningstar Small-Cap ETF logoVanguard Morningstar Small-Cap ETFVB
Market value
389.58M
Weight
0.21%
AUM
183.4B USD
Expense ratio
0.03%
Price / 1D
$304.76+0.64%
VictoryShares Free Cash Flow ETF logoVictoryShares Free Cash Flow ETFVFLO
Market value
241.15M
Weight
2.24%
AUM
10.72B USD
Expense ratio
0.44%
Price / 1D
$55.45+0.69%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
193.18M
Weight
0.20%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
State Street SPDR S&P MIDCAP 400 ETF Trust logoState Street SPDR S&P MIDCAP 400 ETF TrustMDY
Market value
137.59M
Weight
0.52%
AUM
26.72B USD
Expense ratio
0.23%
Price / 1D
$699.6+0.48%
Vanguard Morningstar Small-Cap Value ETF logoVanguard Morningstar Small-Cap Value ETFVBR
Market value
123.75M
Weight
0.18%
AUM
68.3B USD
Expense ratio
0.05%
Price / 1D
$249.18+0.68%
Dimensional - US Targeted Value ETF logoDimensional - US Targeted Value ETFDFAT
Market value
122.94M
Weight
0.85%
AUM
14.66B USD
Expense ratio
0.28%
Price / 1D
$71.67+0.67%

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