Permian Resources (PR) AI Stock Analysis

• Market Cap: $16.61B
• Dividend Yield: 4.27%
• Average Volume (3M): 11.83M
• Price to Earnings (P/E): 10.7
• Beta (1Y): 0.87
• Revenue Growth: 7.55%
• EPS Growth: -34.40%
• Country: US
• Employees: 482
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 0.45
• Shares Outstanding: 744,919,500
• 10 Day Avg. Volume: 11,671,271
• 30 Day Avg. Volume: 11,826,593
• PEG Ratio: -0.72
• Price to Book (P/B): 0.98
• Price to Sales (P/S): 1.98
• P/FCF Ratio: 18.64
• Enterprise Value/Market Cap: 1.05
• Enterprise Value/Revenue: 3.43
• Enterprise Value/Gross Profit: 9.24
• Enterprise Value/Ebitda: 4.70
• 1Y Price Target: $19.33
• Price Target Upside: 4.34% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 16
• EPS Forecast (FY): 1.13
• Revenue Forecast (FY): $5.15B

• Rating: 80 Outperform
• Price Target: $20.50 ▲(10.63% Upside)
• Action: Reiterated Date: 02/26/26
• Date: Action: Reiterated 02/26/26

Overall score is driven primarily by strong financial performance (profitability recovery, improved balance sheet, and solid operating cash flow) and a positive earnings-call backdrop (record free cash flow, cost improvements, and debt reduction). Technicals add support via a clear uptrend, while valuation is fair with a supportive dividend yield.

Positive Factors

Strong operating and free cash flow generation

Sustained, large operating and free cash flow provides durable internal funding for CapEx, dividends, M&A and debt reduction. High OCF relative to net income improves earnings quality and gives management flexibility to prioritize capital-efficient growth and shareholder returns over multiple cycles.

Improved leverage and upgraded credit profile

Material debt reduction and improved ratings signal a stronger balance sheet with lower financial risk. Durable lower leverage increases liquidity and borrowing optionality, reduces interest expense sensitivity, and supports a sustained capital allocation strategy including dividends and opportunistic M&A.

Low-cost operator with production growth and capital efficiency

Delivering oil growth while cutting planned capex and targeting controllable costs positions the company as a capital-efficient, low-cost operator. This structural cost advantage sustains margins through price cycles and, combined with leasehold/royalty additions, supports long-term reserve and production replacement.

Negative Factors

Volatile free cash flow year-to-year

Meaningful FCF volatility in a capital‑intensive E&P business makes predictable capital returns and reinvestment harder. Variable FCF can force abrupt shifts in dividend policy, share buybacks or capex, reducing planning visibility and increasing reliance on commodity cycles to sustain shareholder distributions.

Inconsistent revenue and reported data in 2025

Apparent 2025 revenue/margin anomalies undermine trend analysis and forecasting, complicating assessment of core operating momentum. Persistent reporting inconsistencies reduce confidence in near-term guidance and make it harder for investors and management to set stable multi‑period capital allocation policies.

High sensitivity to commodity prices

As an upstream E&P, cash flows and dividends remain cyclically exposed to oil and gas prices. Even with low costs, prolonged price weakness would compress netbacks and free cash flow, forcing cuts to distributions or reinvestment and limiting the durability of recent balance sheet gains.

Permian Resources Business Overview & Revenue Model

Company Description

Permian Resources Corporation, an independent oil and natural gas company, focuses on the development of crude oil and related liquids-rich natural gas reserves in the United States. Its assets primarily focus on the Delaware Basin, a sub-basin of the Permian Basin. The company's properties consist of acreage blocks primarily in Reeves County, West Texas and Lea County, New Mexico. As of December 31, 2021, it leased or acquired approximately 73,675 net acres; and owned 991 net mineral acres in the Delaware Basin. 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.

How the Company Makes Money

Permian Resources generates revenue primarily through the sale of crude oil and natural gas produced from its exploration and production activities. The company earns money by selling these commodities at market prices, which can fluctuate based on global supply and demand dynamics. Key revenue streams include direct sales to refineries, gas processing plants, and other energy companies. Additionally, Permian Resources may engage in hedging strategies to stabilize revenue against price volatility. Strategic partnerships with logistics and transportation companies also enhance its operational efficiency, enabling timely delivery of products to market and optimizing profit margins.

Permian Resources Financial Statement Overview

Summary

Strong post-2020 recovery with solid profitability and rising EBIT/EBITDA, improved leverage and capital base, and robust operating cash flow (often exceeding net income). Offsets include volatile free cash flow (notably weaker in 2024) and apparent inconsistency in the latest annual revenue/margin data that reduces confidence in the most recent trend signals.

Income Statement

Profitability rebounded strongly from 2020’s deep loss to solid earnings power in 2021–2024, with healthy profit margins and rising EBIT/EBITDA. Revenue also expanded materially through 2024. The key weakness is data quality/consistency in 2025 (annual) showing revenue and margins at 0 with a -100% growth rate despite positive earnings, which creates uncertainty and suggests the latest revenue line items may be incomplete or not comparable.

Balance Sheet

Leverage improved substantially: debt-to-equity fell from elevated levels in 2022–2023 to more moderate in 2024, and appears very low in 2025 (annual). Equity and total assets have grown steadily, supporting a stronger capital base. Returns on equity are positive and generally improving versus earlier years, though still not consistently high and the sharp 2025 deleveraging looks unusual relative to 2024, indicating possible one-time actions or data timing differences.

Cash Flow

Operating cash generation is strong and has scaled materially since 2021, with operating cash flow running well above net income in recent years (good earnings quality). Free cash flow is positive in most years and jumps significantly in 2025 (annual), but it was much weaker in 2024 and has been volatile year-to-year, which is a notable risk for a capital-intensive E&P business.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	5.07B	5.00B	3.12B	2.13B	1.03B
Gross Profit	1.66B	2.36B	1.65B	1.42B	548.46M
EBITDA	3.70B	3.62B	2.20B	1.41B	489.15M
Net Income	935.17M	984.70M	476.31M	515.04M	138.18M
Balance Sheet
Total Assets	18.24B	16.90B	14.97B	8.49B	3.80B
Cash, Cash Equivalents and Short-Term Investments	153.69M	479.34M	73.29M	59.55M	9.38M
Total Debt	3.70B	4.31B	3.91B	2.21B	842.98M
Total Liabilities	6.70B	6.38B	5.74B	2.84B	1.05B
Stockholders Equity	10.28B	9.14B	6.34B	2.94B	2.75B
Cash Flow
Free Cash Flow	538.62M	291.33M	419.83M	587.67M	198.57M
Operating Cash Flow	3.61B	3.41B	2.21B	1.37B	525.62M
Investing Cash Flow	-2.87B	-3.10B	-1.58B	-1.21B	-226.48M
Financing Cash Flow	-1.06B	97.71M	-631.19M	-106.63M	-297.55M

Permian Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 18.53
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PR, the sentiment is Positive. The current price of 18.53 is above the 20-day moving average (MA) of 17.55, above the 50-day MA of 15.72, and above the 200-day MA of 13.92, indicating a bullish trend. The MACD of 0.79 indicates Negative momentum. The RSI at 68.66 is Neutral, neither overbought nor oversold. The STOCH value of 67.66 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PR.

Permian Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PR	80 Outperform	$16.61B	10.74	9.66%	4.27%	7.55%	-34.40%
APA	74 Outperform	$11.25B	6.12	25.22%	3.80%	4.88%	-41.34%
OVV	74 Outperform	$14.67B	8.12	11.54%	3.16%	-8.07%	-87.88%
AR	74 Outperform	$11.60B	16.82	8.71%	―	17.05%	1028.81%
RRC	72 Outperform	$9.77B	12.75	15.91%	1.00%	23.88%	20.55%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
CRK	54 Neutral	$6.07B	17.04	16.07%	―	35.41%	―

Permian Resources Corporate Events

Permian Resources Posts Strong 2025 Results, Lifts Dividend

Permian Resources, a Delaware Basin-focused oil and gas producer, reported strong fourth-quarter and full-year 2025 results, highlighted by average production of 401,500 Boe/d in the quarter and 392,600 Boe/d for the year, alongside a 14% year-over-year increase in oil output. The company generated $3.6 billion in operating cash flow and $1.6 billion in adjusted free cash flow in 2025, cut drilling and completion costs per foot by 10% year-over-year, and executed over $1.1 billion of accretive acquisitions that fully replaced developed inventory while reducing total debt by more than $600 million.

For 2026, Permian Resources outlined a capital-efficient plan targeting 4% oil growth to 186,000–192,000 Bbls/d on a reduced capital budget of $1.75–$1.95 billion, supported by further expected D&C cost reductions and controllable cash costs of $7.15–$8.15 per Boe. The company also raised its quarterly base dividend by 7% to $0.16 per share, and reported year-end 2025 proved reserves of 1.116 billion Boe, underscoring its strategy of combining operational efficiency, balance sheet strength and acquisitions to drive shareholder returns.

The most recent analyst rating on (PR) stock is a Buy with a $19.00 price target. To see the full list of analyst forecasts on Permian Resources stock, see the PR Stock Forecast page.

Permian Resources announces routine board transition and retirement

On January 16, 2026, Permian Resources Corporation announced that board member Robert J. Anderson will retire from the company’s Board of Directors, effective January 21, 2026, after serving as a director since November 2023. The company stated that Anderson’s departure is not the result of any disagreement regarding its operations, policies or practices, suggesting a routine governance transition rather than a sign of internal conflict for stakeholders to worry about.

The most recent analyst rating on (PR) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Permian Resources stock, see the PR Stock Forecast page.

Permian Resources Announces Corporate Reorganization and Share Shift

On December 22, 2025, Permian Resources announced a corporate reorganization under which management team members and other long-term holders exchanged their Class C shares for Class A shares, while the company reorganized under a new public holding company that will retain the Permian Resources Corporation name and NYSE ticker. The move, unanimously approved by the board and audit committee, keeps the overall share count and proportionate economic and voting interests of existing equity holders unchanged, but shifts the mix from 744.9 million to 793.8 million Class A shares and from 84.4 million down to 35.5 million Class C shares, with an additional 48.9 million new Class A shares issued privately to contributing members under exemptions from SEC registration. The transaction is designed to better align management with public shareholders—given management’s more than 6% ownership stake and equity-heavy pay structures—advance the simplification of the company’s Up-C structure toward a single share class by an anticipated 2027 timeline, and reduce administrative complexity and costs without altering public investors’ trading dynamics or overall ownership in the business.

The most recent analyst rating on (PR) stock is a Buy with a $16.00 price target. To see the full list of analyst forecasts on Permian Resources stock, see the PR Stock Forecast page.