
PERMIAN RESOURCES CORP-CL A
PRNYSETrading Snapshot
- Day Range
- $21.15 β $21.58
- 52-Week Range
- $11.92 β $22.68
- Volume
- $3.04B
- Avg Volume
- $2.36B
- Shares Outstanding
- 837.3M
- Next Earnings
- Oct 10, 2026
Fundamentals Snapshot
- Annual Revenue
- $5.07B
- Last Q Revenue
- $1.86B
- P/E Ratio
- 13.9
- P/S Ratio
- 3.1x
- EPS (TTM)
- $1.47
- Dividend Yield
- 2.89%
Why Investors Own PR
- βHigh-growth profile β revenue up +42.8% YoY with expanding US Equity exposure.
- βHealthy economics β 27% gross margin and 17% free-cash-flow margin.
- βNew products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
Financial Trends
About PERMIAN RESOURCES CORP-CL A
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.
Otter Score Breakdown
βAnalyst Price Target
βLatest News & Updates
PERMIAN RESOURCES CORP-CL A tops quarterly estimates as demand accelerates
Revenue grew double digits with management guiding above consensus; margins continued to expand.
Analysts lift PR price targets on improving margins
Several firms raised targets, citing stronger free cash flow and a healthier backlog.
PERMIAN RESOURCES CORP-CL A announces new agreement to expand its footprint
The move broadens the companyβs reach and could add incremental revenue over the next year.