Permian Resources Corporation

Valuation Analysis

About the Company

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. The company was incorporated in 2015 and is headquartered in Midland, Texas.

Permian Resources Corporation Stock at a Glance

Permian Resources Corporation (PR) is currently trading at $19.51 with a market capitalization of $16.8B. The trailing P/E ratio stands at 21.92x, with a forward P/E of 9.17x. The 52-week range spans from $11.92 to $22.68; the current price is 14% below the yearly high. Year-over-year revenue growth stands at +0.9%. The net profit margin stands at 12.79%.

💰 Dividend

Permian Resources Corporation pays an annual dividend of $0.62 per share, representing a yield of 3.18%. The payout ratio stands at 68.54%.

📊 Analyst Rating

19 analysts rate Permian Resources Corporation (PR) on consensus: Strong Buy. The average price target is $25.79, implying +32.19% from the current price. Analyst price targets range from $22.00 to $30.00.

Permian Resources Corporation: The Investment Case in Detail

Permian Resources Corporation (PR) operates in the Energy — specifically Oil & Gas E&P — and is headquartered in United States. Below is a structured read of the investment case built directly from the latest fundamentals, valuation multiples, analyst positioning and smart-money flows. Each section translates raw numbers into the investment logic they imply, so you can decide whether the risk/reward fits your portfolio.

The Bull Case

With a gross margin near 73.33%, the company sits in the top tier of its industry — these are the kinds of structural margins that protect earnings during downturns. Wall Street consensus sits at Strong Buy with an average price target implying roughly 32.19% upside from current levels — analyst sentiment is firmly constructive.

The Bear Case

Revenue growth has slowed to just 0.9%, which is below nominal GDP — the business is no longer outgrowing the broader economy.

Valuation in Context

The PEG ratio at 1.25 sits in the reasonable zone — the price tag is roughly aligned with the company's growth profile, neither punishing nor euphoric. The EV/EBITDA multiple of 5.58x is below the historical equity-market average — strategic acquirers would find the cash-flow profile attractive at this level.

What to Watch Next

• The forward P/E of 9.17x is meaningfully below the trailing 21.92x — analysts expect earnings to step up; the next earnings release is the test.
• The dividend yield near 3.18% combined with a payout ratio of 68.54% leaves room for further hikes — a track record of consecutive raises is a strong income signal.
• The analyst consensus price target implies 32.19% upside — if the next two quarters confirm the underlying thesis, target hikes typically follow.

Investment Thesis: Strengths & Weaknesses

Technical Snapshot

Price shows short-term weakness (below 50d MA) but is still in a longer-term uptrend (above 200d MA).

Risk Profile

The data points to relatively defensive market behavior.

Trading Data

💵 Dividend Info

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