Permian Resources (PR) - Stock Price & Dividends

Exchange: USA Stocks • Country: United States • Currency: USD • Type: Common Stock • ISIN: US71424F1057

Crude Oil, Natural Gas

Permian Resources Corporation, a leading independent oil and natural gas company, is dedicated to exploring and developing crude oil and natural gas reserves in the United States. With a strong focus on the Delaware Basin, a prolific sub-basin of the Permian Basin, the company's assets are strategically located in West Texas, Eddy County, Lea County, and New Mexico.

The company's properties consist of a significant acreage position, providing a strong foundation for its growth strategy. By leveraging its expertise and resources, Permian Resources Corporation is well-positioned to capitalize on the vast potential of the Delaware Basin, which is known for its rich crude oil and liquids-rich natural gas reserves.

Formerly known as Centennial Resource Development, Inc., the company rebranded as Permian Resources Corporation in September 2022, marking a new chapter in its growth journey. With a rich history dating back to 2015, the company is headquartered in Midland, Texas, a hub for the oil and gas industry.

For more information about Permian Resources Corporation, please visit their website at https://www.permianres.com, where you can learn more about their operations, strategy, and commitment to responsible energy development.

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for Permian Resources (PR) - Stock Price & Dividends

Overall Trend and Yearly Seasonality

Drawdown / Underwater Chart for Permian Resources (PR) - Stock Price & Dividends

PR Stock Overview

Market Cap in USD 12,322m
Sector Energy
Industry Oil & Gas E&P
GiC SubIndustry Oil & Gas Exploration & Production
TER 0.00%
IPO / Inception 2022-09-01

PR Stock Ratings

Growth 5y 58.6
Fundamental 28.3
Dividend 7.73
Rel. Performance vs Sector 2.81
Analysts 4.41/5
Fair Price Momentum 15.38 USD
Fair Price DCF 18.75 USD

PR Dividends

Yield 12m 3.69%
Yield on Cost 5y 8.28%
Dividends CAGR 5y 36.56%
Payout Consistency 100.0%

PR Growth Ratios

Growth 12m 55.70%
Growth Correlation 12m 60%
Growth Correlation 3m -69%
CAGR 5y 17.52%
CAGR/Mean DD 5y 0.54
Sharpe Ratio 12m 1.66
Alpha vs SP500 12m 25.04
Beta vs SP500 5y weekly 1.14
ValueRay RSI 26.24
Volatility GJR Garch 1y 29.63%
Price / SMA 50 -5.63%
Price / SMA 200 5.69%
Current Volume 10200.3k
Average Volume 20d 8774.2k

External Links for PR Stock

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What is the price of PR stocks?
As of June 22, 2024, the stock is trading at USD 15.41 with a total of 10,200,285 shares traded.
Over the past week, the price has changed by +2.46%, over one month by -4.82%, over three months by -9.77% and over the past year by +52.88%.
What are the forecast for PR stock price target?
According to ValueRays Forecast Model, PR Permian Resources will be worth about 17 in June 2025. The stock is currently trading at 15.41. This means that the stock has a potential upside of +9.99%.
Issuer Forecast Upside
Wallstreet Target Price 20.8 34.7
Analysts Target Price 17.4 12.7
ValueRay Target Price 17 9.99