Permian Resources
About: Permian Resources Corp is an independent oil and natural gas company focused on generating outsized returns to stakeholders through the responsible acquisition, optimization and development of oil and liquids-rich natural gas assets. The Company's assets and operations are concentrated in the core of the Permian Basin, and its properties consist of large, contiguous acreage blocks located in West Texas and New Mexico.
Employees: 482
0
Funds holding %
of 7,407 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
118% more call options, than puts
Call options by funds: $71.5M | Put options by funds: $32.7M
65% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 60
33% more repeat investments, than reductions
Existing positions increased: 215 | Existing positions reduced: 162
9% more capital invested
Capital invested by funds: $9.08B [Q3] → $9.85B (+$772M) [Q4]
6% more funds holding
Funds holding: 501 [Q3] → 530 (+29) [Q4]
2.44% more ownership
Funds ownership: 94.96% [Q3] → 97.4% (+2.44%) [Q4]
28% less funds holding in top 10
Funds holding in top 10: 18 [Q3] → 13 (-5) [Q4]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$16
33%
upside
Avg. target
$18.14
51%
upside
High target
$20
66%
upside
7 analyst ratings
7 positive
100%
0 neutral
0%
0 negative
0%
RBC Capital Scott Hanold 13% 1-year accuracy 5 / 40 met price target | 33%upside $16 | Outperform Maintained | 14 Apr 2025 |
B of A Securities Noah Hungness 39% 1-year accuracy 7 / 18 met price target | 41%upside $17 | Buy Maintained | 1 Apr 2025 |
Morgan Stanley Devin McDermott 29% 1-year accuracy 8 / 28 met price target | 58%upside $19 | Overweight Maintained | 27 Mar 2025 |
JP Morgan Arun Jayaram 28% 1-year accuracy 11 / 39 met price target | 50%upside $18 | Overweight Maintained | 13 Mar 2025 |
Piper Sandler Mark Lear 36% 1-year accuracy 60 / 169 met price target | 66%upside $20 | Overweight Maintained | 6 Mar 2025 |
Financial journalist opinion
Based on 4 articles about PR published over the past 30 days
Neutral
Seeking Alpha
5 days ago
Permian Resources: An Excellent Option In These Times Of High Volatility
Permian Resources focuses on liquid fossil fuel development in the Delaware Basin, showing strong management and shareholder-friendly policies. The company's recent acquisition of 29,500 net acres from Occidental Petroleum boosts production and reduces costs, enhancing profitability. Permian Resources offers a 4.3% dividend yield, outperforming industry peers and the S&P 500, reflecting its commitment to shareholder value.
Positive
Seeking Alpha
1 week ago
Permian Resources: A Cheap Texas Energy Stock With Solid Fundamentals
Permian Resources gets a buy rating today, in line with the bullish consensus. Strong points are the profit margin, Fitch upgrade in 2024, low debt/equity, and new business acquisitions last year to drive growth. Dividend investors may like the yield above 6%.
Neutral
Business Wire
2 weeks ago
Permian Resources Announces First Quarter 2025 Earnings Conference Call
MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Announces First Quarter 2025 Earnings Conference Call.
Positive
Seeking Alpha
3 weeks ago
Buy, Baby, Buy: My 12 Favorite Energy Stocks For What's Next
Energy stocks are proving their strength, outperforming the market despite oil price stagnation. Structural shifts, deglobalization, and inflation favor long-term upside. Shale growth is slowing, and oil companies are prioritizing cash flow over expansion. With rising costs, $70 oil is the new $50, limiting U.S. production at lower prices. Uncertainty in policy and tariffs adds pressure, but I see oil stabilizing near $90 long term. My top energy picks remain strong plays for income and capital appreciation.
Positive
Zacks Investment Research
1 month ago
Here is Why Growth Investors Should Buy Permian Resources (PR) Now
Permian Resources (PR) possesses solid growth attributes, which could help it handily outperform the market.
Neutral
Zacks Investment Research
1 month ago
PR or RRC: Which Is the Better Value Stock Right Now?
Investors looking for stocks in the Oil and Gas - Exploration and Production - United States sector might want to consider either Permian Resources (PR) or Range Resources (RRC). But which of these two stocks offers value investors a better bang for their buck right now?
Positive
Seeking Alpha
1 month ago
Down, But Not Out: My Favorite Energy Stocks For Income And Growth
President Trump aims to lower oil prices, but domestic production growth faces challenges. The administration may turn to OPEC+ and political pressure to boost supply. Despite short-term volatility, my long-term oil thesis remains strong. U.S. producers remain competitive, and global demand continues to grow, supporting energy investments. I focus on high-quality oil and gas stocks with strong balance sheets, low breakeven prices, and deep reserves. These companies offer stability and long-term upside.
Neutral
Zacks Investment Research
1 month ago
3 Oil Stocks to Invest in Now as Crude Tumbles to 2025 Lows
Scoop up three quality energy stocks - MTDR, PR and AMPY - that have been beaten down.
Negative
Seeking Alpha
1 month ago
Very Bad News For Energy Stocks
Energy stocks are tumbling—find out why the sell-off may not be over yet. What's next for oil prices? These high-yield energy stocks could be massive buying opportunities right now.
Neutral
Seeking Alpha
1 month ago
8 Stocks And 1 ETF I'm Buying As Trade Wars Roil The Market
Free trade benefits economies by allowing market participants to voluntarily exchange goods and services, leading to higher living standards and economic growth. Tariffs increase costs for consumers and businesses, reduce real consumption capacity, and can lead to job losses in industries reliant on imported inputs. The affluent drive the US economy, with the top 10% of earners accounting for 50% of total spending, making the economy vulnerable to drawdowns in asset prices.
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