Permian Resources (PR)

• Market cap: $9B
• 1 day: -4.05%
• 5 days: 1.59%
• 1 month: -10.06%
• 3 months: -12.94%
• 6 months: -5.26%
• Year to date: -14.00%
• 1 year: -21.45%
• 5 years: 2,189.50%
• 10 years: 27.80%
• Sector: Energy
• Industry: Crude Petroleum & Natural Gas

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

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

118% more call options, than puts

Call options by funds: $71.5M | Put options by funds: $32.7M

62% more first-time investments, than exits

New positions opened: 97 | Existing positions closed: 60

34% more repeat investments, than reductions

Existing positions increased: 215 | Existing positions reduced: 161

8% more capital invested

Capital invested by funds: $9.12B [Q3] → $9.85B (+$725M) [Q4]

5% more funds holding

Funds holding: 501 [Q3] → 528 (+27) [Q4]

1.95% more ownership

Funds ownership: 95.46% [Q3] → 97.4% (+1.95%) [Q4]

28% less funds holding in top 10

Funds holding in top 10: 18 [Q3] → 13 (-5) [Q4]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $17 33% upside
• Avg. target: $19.80 55% upside
• High target: $23 80% upside

5 analyst ratings

• positive: 5 100%
• neutral: 0 0%
• negative: 0 0%

Piper Sandler Mark Lear 39% 1-year accuracy 66 / 169 met price target	56% upside $20	Overweight Maintained	6 Mar 2025
Susquehanna Biju Perincheril 18% 1-year accuracy 12 / 65 met price target	56% upside $20	Positive Upgraded	5 Mar 2025
Citigroup Paul Diamond 25% 1-year accuracy 4 / 16 met price target	33% upside $17	Buy Maintained	4 Mar 2025
Truist Securities Neal Dingmann 18% 1-year accuracy 27 / 148 met price target	80% upside $23	Buy Maintained	13 Jan 2025
Morgan Stanley Devin McDermott 30% 1-year accuracy 8 / 27 met price target	49% upside $19	Overweight Initiated	10 Jan 2025