PR Chart
About

Permian Resources Corporation, an independent oil and natural gas company, focuses on the development of crude oil and associated liquids-rich natural gas reserves in the United States. The company's assets primarily focus on the Delaware Basin, a sub-basin of the Permian Basin. Its properties consist of acreage blocks in Reeves County in West Texas and Lea County in 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.

Fundamentals
Scroll to Statements
Sector Energy Industry Oil & Gas E&P Market Cap 13.07B
Enterprise Value 18.09B Income 812.32M Sales 5.19B
Book/sh 13.47 Cash/sh 0.15 Dividend Yield 3.37%
Payout 53.57% Employees 482 IPO —
P/E 15.66 Forward P/E 16.99 PEG —
P/S 2.52 P/B 1.30 P/C —
EV/EBITDA 4.73 EV/Sales 3.48 Quick Ratio 0.48
Current Ratio 0.67 Debt/Eq 32.87 LT Debt/Eq —
EPS (ttm) 1.12 EPS next Y 1.03 EPS Growth -84.80%
Revenue Growth 8.70% Earnings 2026-02-25 ROA 6.69%
ROE 8.99% ROIC — Gross Margin 73.98%
Oper. Margin 37.57% Profit Margin 15.65% Shs Outstand 744.92M
Shs Float 700.78M Short Float 4.42% Short Ratio 3.00
Short Interest — 52W High 18.14 52W Low 10.01
Beta 0.66 Avg Volume 10.40M Volume 266.80K
Target Price $18.52 Recom Strong_buy Prev Close $17.79
Price $17.54 Change -1.41%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$18.52
Mean price target
2. Current target
$17.54
Latest analyst target
3. DCF / Fair value
$0.53
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$17.54
Low
$14.00
High
$21.00
Mean
$18.52

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-01-27 main Wells Fargo Overweight → Overweight $17
2026-01-26 main Susquehanna Positive → Positive $18
2026-01-23 main Morgan Stanley Overweight → Overweight $18
2026-01-16 down B of A Securities Buy → Neutral $16
2025-12-12 main UBS Buy → Buy $19
2025-12-12 main Mizuho Outperform → Outperform $21
2025-11-18 main Piper Sandler Overweight → Overweight $20
2025-11-14 main Goldman Sachs Buy → Buy $18
2025-10-21 main Piper Sandler Overweight → Overweight $21
2025-10-17 main Wells Fargo Overweight → Overweight $16
2025-10-09 main RBC Capital Outperform → Outperform $18
2025-09-19 init Scotiabank — → Sector Outperform $21
2025-09-15 main Mizuho Outperform → Outperform $19
2025-09-02 reit RBC Capital Outperform → Outperform $17
2025-09-02 main Raymond James Strong Buy → Strong Buy $22
2025-08-25 init William Blair — → Outperform —
2025-08-20 main UBS Buy → Buy $17
2025-08-18 main Morgan Stanley Overweight → Overweight $18
2025-08-13 main Wells Fargo Overweight → Overweight $21
2025-07-23 main Susquehanna Positive → Positive $20
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 7933155 — — Stock Award(Grant) at price 0.00 per share. QUINN WILLIAM J Director — 2026-01-07 00:00:00 D/I
1 1353243 — — Stock Award(Grant) at price 0.00 per share. BELL JOHN CHARLES General Counsel — 2026-01-07 00:00:00 D
2 12042681 — — Stock Award(Grant) at price 0.00 per share. WALTER JAMES H Officer and Director — 2026-01-07 00:00:00 D/I
3 12267681 — — Stock Award(Grant) at price 0.00 per share. HICKEY WILLIAM M III Chief Executive Officer — 2026-01-07 00:00:00 D/I
4 2000000 — — Stock Award(Grant) at price 0.00 per share. SHANNON ROBERT REGAN Officer — 2026-01-07 00:00:00 D/I
5 176648 2416845.0 — Sale at price 13.63 - 13.76 per share. BELL JOHN CHARLES General Counsel — 2026-01-06 00:00:00 D
6 777703 10634192.0 — Sale at price 13.63 - 13.74 per share. WALTER JAMES H Officer and Director — 2026-01-06 00:00:00 D
7 777705 10634217.0 — Sale at price 13.63 - 13.74 per share. HICKEY WILLIAM M III Chief Executive Officer — 2026-01-06 00:00:00 D
8 301741 4129479.0 — Sale at price 13.63 - 13.76 per share. OLIPHINT GUY M Chief Financial Officer — 2026-01-06 00:00:00 D
9 176659 2416995.0 — Sale at price 13.63 - 13.76 per share. SHANNON ROBERT REGAN Officer — 2026-01-06 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-61.77M-38.93M-38.81M-945.22K
TaxRateForCalcs0.190.150.140.00
NormalizedEBITDA3.94B2.46B1.69B719.63M
TotalUnusualItems-318.93M-258.55M-280.70M-230.48M
TotalUnusualItemsExcludingGoodwill-318.93M-258.55M-280.70M-230.48M
NetIncomeFromContinuingOperationNetMinorityInterest984.70M476.31M515.04M138.18M
ReconciledDepreciation1.78B1.01B444.68M289.12M
ReconciledCostOfRevenue2.65B1.47B714.46M481.44M
EBITDA3.62B2.20B1.41B489.15M
EBIT1.84B1.20B965.78M200.03M
NetInterestIncome-296.17M-177.21M-95.64M-61.29M
InterestExpense289.61M161.13M95.64M61.29M
NormalizedIncome1.24B695.92M756.94M367.71M
NetIncomeFromContinuingAndDiscontinuedOperation984.70M476.31M515.04M138.18M
TotalExpenses2.85B1.65B885.39M599.77M
TotalOperatingIncomeAsReported1.74B1.10B1.01B370.62M
DilutedAverageShares684.49M389.10M322.82M300.38M
BasicAverageShares640.66M349.21M286.16M281.99M
DilutedEPS1.451.241.610.46
BasicEPS1.541.361.800.49
DilutedNIAvailtoComStockholders989.88M481.74M520.52M143.09M
NetIncomeCommonStockholders989.88M481.74M520.52M143.09M
OtherunderPreferredStockDividend-5.18M-5.43M-5.48M-4.92M
NetIncome984.70M476.31M515.04M138.18M
MinorityInterests-265.81M-403.40M-234.80M0.00
NetIncomeIncludingNoncontrollingInterests1.25B879.70M749.84M138.18M
NetIncomeContinuousOperations1.25B879.70M749.84M138.18M
TaxProvision300.34M155.94M120.29M569.00K
PretaxIncome1.55B1.04B870.13M138.74M
OtherIncomeExpense-302.84M-256.21M-280.10M-230.09M
OtherNonOperatingIncomeExpenses16.09M2.33M609.00K395.00K
SpecialIncomeCharges-413.92M-372.56M-238.34M-81.66M
GainOnSaleOfPPE375.00K211.00K-1.31M40.15M
OtherSpecialCharges8.59M22.16M
ImpairmentOfCapitalAssets9.91M6.68M3.88M32.51M
RestructuringAndMergernAcquisition395.80M366.09M233.15M67.14M
GainOnSaleOfSecurity94.99M114.02M-42.37M-148.82M
NetNonOperatingInterestIncomeExpense-296.17M-177.21M-95.64M-61.29M
TotalOtherFinanceCost6.56M16.08M15.65M4.99M
InterestExpenseNonOperating289.61M161.13M95.64M61.29M
OperatingIncome2.15B1.47B1.25B430.12M
OperatingExpense205.42M181.19M170.93M118.34M
OtherOperatingExpenses30.79M19.34M11.38M7.88M
OtherTaxes155.72M67.14M
SellingGeneralAndAdministration174.63M161.85M159.55M110.45M
GeneralAndAdministrativeExpense174.63M161.85M159.55M110.45M
OtherGandA116.39M85.98M159.55M110.45M
SalariesAndWages58.24M75.88M98.97M62.19M
GrossProfit2.36B1.65B1.42B548.46M
CostOfRevenue2.65B1.47B714.46M481.44M
TotalRevenue5.00B3.12B2.13B1.03B
OperatingRevenue5.00B3.12B2.13B1.03B
Line Item2023-12-312022-12-312021-12-31
TreasurySharesNumber3.82M10.11M9.56M
OrdinarySharesNumber703.77M540.79M288.53M284.70M
ShareIssued703.77M540.79M288.53M284.70M
NetDebt3.70B3.78B2.08B816.18M
TotalDebt4.31B3.91B2.21B842.98M
TangibleBookValue9.14B6.34B2.94B2.75B
InvestedCapital13.32B10.18B5.08B3.58B
WorkingCapital-205.74M-591.16M-141.78M-81.36M
NetTangibleAssets9.14B6.34B2.94B2.75B
CapitalLeaseObligations121.50M61.31M71.10M17.41M
CommonStockEquity9.14B6.34B2.94B2.75B
TotalCapitalization13.32B10.18B5.08B3.58B
TotalEquityGrossMinorityInterest10.52B9.23B5.66B2.75B
MinorityInterest1.38B2.89B2.72B0.00
StockholdersEquity9.14B6.34B2.94B2.75B
RetainedEarnings1.08B569.14M237.23M-262.33M
AdditionalPaidInCapital8.06B5.77B2.70B3.01B
CapitalStock81.00K77.00K57.00K29.00K
CommonStock81.00K77.00K57.00K29.00K
TotalLiabilitiesNetMinorityInterest6.38B5.74B2.84B1.05B
TotalNonCurrentLiabilitiesNetMinorityInterest5.05B4.49B2.23B885.98M
OtherNonCurrentLiabilities52.70M73.15M3.21M24.58M
NonCurrentDeferredLiabilities602.38M422.63M4.43M2.59M
NonCurrentDeferredTaxesLiabilities602.38M422.63M4.43M2.59M
LongTermDebtAndCapitalLeaseObligation4.25B3.88B2.18B841.57M
LongTermCapitalLeaseObligation64.29M28.30M41.34M16.00M
LongTermDebt4.18B3.85B2.14B825.57M
LongTermProvisions148.44M121.42M40.95M17.24M
CurrentLiabilities1.33B1.24B605.57M167.90M
OtherCurrentLiabilities71.70M41.02M13.65M36.23M
CurrentDebtAndCapitalLeaseObligation57.22M33.01M29.76M1.41M
CurrentCapitalLeaseObligation57.22M33.01M29.76M1.41M
PensionandOtherPostRetirementBenefitPlansCurrent28.55M29.84M33.90M17.22M
PayablesAndAccruedExpenses1.17B1.14B528.26M113.04M
CurrentAccruedExpenses534.45M515.69M226.70M54.27M
InterestPayable121.20M100.88M45.63M15.26M
Payables635.42M622.00M301.56M58.77M
OtherPayable589.45M527.47M250.12M49.03M
AccountsPayable45.97M94.53M51.44M9.74M
TotalAssets16.90B14.97B8.49B3.80B
TotalNonCurrentAssets15.78B14.32B8.03B3.72B
OtherNonCurrentAssets183.12M176.07M74.61M15.85M
NetPPE15.59B14.14B7.95B3.70B
AccumulatedDepreciation-5.16B-3.40B-2.42B-1.99B
GrossPPE20.76B17.54B10.37B5.69B
OtherProperties170.08M103.01M79.97M27.58M
Properties20.59B17.44B10.29B5.66B
CurrentAssets1.12B650.39M463.79M86.53M
OtherCurrentAssets26.29M25.45M20.60M5.86M
HedgingAssetsCurrent85.51M70.59M100.80M0.00
PrepaidAssets5.86M
Receivables530.45M481.06M282.85M71.30M
OtherReceivables334.98M354.21M223.26M57.29M
DuefromRelatedPartiesCurrent188.47M123.16M58.38M12.45M
AccountsReceivable7.00M3.69M1.21M1.56M
CashCashEquivalentsAndShortTermInvestments479.34M73.29M59.55M9.38M
CashAndCashEquivalents479.34M73.29M59.55M9.38M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow291.33M419.83M587.67M198.57M
RepurchaseOfCapitalStock-61.05M-162.42M-19.01M-14.50M
RepaymentOfDebt-2.62B-3.17B-1.16B-1.00B
IssuanceOfDebt2.96B2.95B1.11B740.00M
IssuanceOfCapitalStock402.21M0.000.00
CapitalExpenditure-3.12B-1.79B-784.00M-327.05M
InterestPaidSupplementalData267.08M140.07M60.70M57.94M
IncomeTaxPaidSupplementalData6.82M3.60M613.00K0.00
EndCashPosition479.34M73.86M69.93M9.94M
BeginningCashPosition73.86M69.93M9.94M8.34M
ChangesInCash405.48M3.93M60.00M1.60M
FinancingCashFlow97.71M-631.19M-106.62M-297.55M
CashFlowFromContinuingFinancingActivities97.71M-631.19M-106.62M-297.55M
NetOtherFinancingCharges-120.45M-109.86M-33.30M-21.11M
ProceedsFromStockOptionExercised257.00K534.00K109.00K132.00K
CashDividendsPaid-466.92M-141.95M-14.43M0.00
CommonStockDividendPaid-466.92M-141.95M-14.43M0.00
NetCommonStockIssuance341.16M-162.42M-19.01M-14.50M
CommonStockPayments-61.05M-162.42M-19.01M-14.50M
CommonStockIssuance402.21M0.000.00
NetIssuancePaymentsOfDebt343.65M-217.50M-40.00M-262.07M
NetShortTermDebtIssuance-830.00M-400.00M0.00
ShortTermDebtPayments-830.00M-400.00M0.00
ShortTermDebtIssuance1.95B1.11B570.00M
NetLongTermDebtIssuance343.65M-217.50M-40.00M-262.07M
LongTermDebtPayments-2.62B-3.17B-1.16B-1.00B
LongTermDebtIssuance2.96B2.95B1.11B740.00M
InvestingCashFlow-3.10B-1.58B-1.21B-226.48M
CashFlowFromContinuingInvestingActivities-3.10B-1.58B-1.21B-226.48M
NetOtherInvestingChanges60.00M
NetBusinessPurchaseAndSale0.0099.83M-496.67M0.00
SaleOfBusiness0.0099.83M0.000.00
PurchaseOfBusiness-496.67M0.00
NetPPEPurchaseAndSale-1.04B-153.31M63.20M93.16M
SaleOfPPE16.45M115.46M75.62M100.58M
PurchaseOfPPE-1.06B-268.77M-12.42M-7.41M
CapitalExpenditureReported-2.06B-1.52B-771.58M-319.64M
OperatingCashFlow3.41B2.21B1.37B525.62M
CashFlowFromContinuingOperatingActivities3.41B2.21B1.37B525.62M
ChangeInWorkingCapital18.47M92.23M22.35M-2.55M
ChangeInPayablesAndAccruedExpense78.35M83.16M90.93M16.02M
ChangeInPayable78.35M83.16M90.93M16.02M
ChangeInAccountPayable78.35M83.16M90.93M16.02M
ChangeInPrepaidAssets-8.49M-27.27M-1.75M2.91M
ChangeInReceivables-51.40M36.34M-66.82M-21.48M
ChangesInAccountReceivables-51.40M36.34M-66.82M-21.48M
OtherNonCashItems6.56M11.33M15.36M4.99M
StockBasedCompensation60.40M78.42M92.31M58.11M
AssetImpairmentCharge9.91M6.68M3.88M32.51M
DeferredTax299.02M152.38M119.68M569.00K
DeferredIncomeTax299.02M152.38M119.68M569.00K
DepreciationAmortizationDepletion1.78B1.01B444.68M289.12M
OperatingGainsLosses-9.57M-14.82M-76.42M4.69M
GainLossOnInvestmentSecurities-17.78M-14.61M-77.74M16.70M
GainLossOnSaleOfPPE-375.00K-211.00K1.31M-34.17M
NetIncomeFromContinuingOperations1.25B879.70M749.84M138.18M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for PR
Date User Asset Broker Type Position Size Entry Price Patterns