Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Permian Resources ( (PR) ) has issued an announcement.
Permian Resources announced strong financial and operational results for the second quarter of 2025, with a reported total average production of 385.1 MBoe/d. The company increased its full-year production guidance and maintained a strong financial position, closing a bolt-on acquisition in New Mexico and achieving an investment-grade credit rating from Fitch. The company also executed a share repurchase program and entered into new transportation and marketing agreements to enhance netbacks, positioning itself well for future growth and shareholder returns.
The most recent analyst rating on (PR) stock is a Buy with a $21.00 price target. To see the full list of analyst forecasts on Permian Resources stock, see the PR Stock Forecast page.
Spark’s Take on PR Stock
According to Spark, TipRanks’ AI Analyst, PR is a Outperform.
The overall score is driven by strong financial performance, attractive valuation, and positive earnings call sentiment. Technical analysis shows mixed signals, but the company’s strategic initiatives and robust cash flow position it well for future growth.
To see Spark’s full report on PR stock, click here.
More about Permian Resources
Permian Resources Corporation operates in the oil and gas industry, focusing on the exploration and production of crude oil, natural gas, and natural gas liquids. The company is primarily active in the Permian Basin, a significant oil and gas producing region in the United States.
Average Trading Volume: 11,141,528
Technical Sentiment Signal: Buy
Current Market Cap: $10.97B
See more data about PR stock on TipRanks’ Stock Analysis page.