YOLFTbeta
Permian Resources Corporation

Permian Resources Corporation

PR · NYSE · Energy / Oil & Gas E&P

23.05USD+0.28 (+1.23%)

Price History

Full chart

Market Stats

Previous Close22.77
Open23.00
Day Range22.73 – 23.14
52-Week Range11.66 – 26.07
Volume5.45M
Market Cap21.79B
P/E (TTM)17.12
Forward P/E9.53
EPS1.52
Dividend Yield2.42%
Beta0.65
50-Day Avg23.41
200-Day Avg20.40

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

Company Details

  • SectorEnergy
  • IndustryOil & Gas E&P
  • CEOMr. William M. Hickey III
  • Employees515
  • Headquarters300 North Marienfeld Street, Midland, TX, United States, 79701, USA
  • Websitehttps://www.permianres.com

Leadership

  • Mr. William M. Hickey IIICo-CEO & Director · b. 1987
  • Mr. James H. WalterCo-CEO & Director · b. 1988
  • Mr. Guy M. OliphintExecutive VP & CFO · b. 1980
  • Mr. Robert R. ShannonExecutive VP & Chief Accounting Officer · b. 1990
  • Mr. John C. Bell J.D.Executive VP, General Counsel & Secretary · b. 1986
  • Mr. Charles OsbornVP & Chief Information Officer
  • Mr. Hays MabryVice President of Investor Relations
  • Mr. Ryan GitomerSenior Vice President of Finance & Corporate Development
  • Mr. Will EllisonVice President of Marketing & Midstream
  • Ms. Michelle ColletteVice President Of Human Resources

Financials

Income Statement

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue60.26M70.77M131.82M90.46M98.83M429.90M891.04M944.33M580.46M1.03B2.13B3.12B5.00B5.07B
Growth (%)-+17.44%+86.27%-31.38%+9.26%+334.98%+107.27%+5.98%-38.53%+77.43%+106.94%+46.43%+60.23%+1.29%
Cost of Revenue26.86M23.35M91.57M116.99M99.19M237.22M467.40M663.05M539.14M481.44M714.46M1.47B2.65B3.41B
Gross Profit33.40M47.42M40.25M-26.53M-355.00K192.68M423.65M281.28M41.31M548.46M1.42B1.65B2.36B1.66B
Gross Margin55.43%67.01%30.54%-29.33%-0.36%44.82%47.54%29.79%7.12%53.25%66.48%52.88%47.10%32.72%
Operating Expense35.49M59.10M60.69M29.32M213.41M78.60M140.46M201.85M821.43M177.84M409.27M553.75M610.75M186.47M
Operating Income-2.08M-11.67M-20.44M-55.85M-213.77M114.08M283.19M79.43M-780.12M370.62M1.01B1.10B1.74B1.47B
Operating Margin-3.46%-16.50%-15.50%-61.74%-216.29%26.54%31.78%8.41%-134.40%35.99%47.27%35.13%34.89%29.04%
EBITDA27.55M25.01M90.74M57.45M-144.33M280.84M625.00M522.45M-342.58M489.15M1.41B2.20B3.62B3.70B
EBITDA Margin45.72%35.34%68.83%63.51%-146.04%65.33%70.14%55.32%-59.02%47.50%66.18%70.63%72.33%73.02%
Net Income32.28M3.62M17.79M-38.33M-226.81M75.57M199.90M15.80M-682.84M138.18M515.04M476.31M984.70M935.17M
Net Income Margin53.57%5.11%13.50%-42.37%-229.48%17.58%22.43%1.67%-117.64%13.42%24.17%15.26%19.69%18.46%
Interest Expense--2.48M6.27M6.00M5.73M26.36M55.99M69.19M61.29M95.64M177.21M304.76M283.06M
Interest Expense % of Total Revenue--1.88%6.93%6.07%1.33%2.96%5.93%11.92%5.95%4.49%5.68%6.09%5.59%

Balance Sheet

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets346.45M472.08M616.20M476.19K2.65B3.62B4.26B4.69B3.83B3.80B8.49B14.97B16.90B18.24B
Total Liabilities49.48M81.54M238.27M453.19K98.71M612.60M1.02B1.42B1.22B1.05B2.84B5.74B6.38B6.70B
Total Equity296.98M389.86M377.93M23.00K2.36B2.83B3.10B3.26B2.60B2.75B2.94B6.34B9.14B10.28B
Cash46.54M42.18M13.02M105.50K134.08M117.31M18.16M10.22M5.80M9.38M59.55M73.29M479.34M153.69M
Total Debt-29.00M130.00M138.65M-390.76M691.63M1.07B1.07B842.98M2.21B3.91B4.31B3.70B
Net Debt-46.54M-13.18M116.98M136.88M-134.08M273.45M673.47M1.06B1.07B833.60M2.15B3.84B3.83B3.54B

Cash Flow

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow--97.25M68.88M61.15M259.92M670.01M564.17M171.38M525.62M1.37B2.21B3.41B3.61B
Investing Cash Flow---163.38M-198.63M-1.85B-992.31M-1.07B-932.99M-326.32M-226.48M-1.21B-1.58B-3.10B-2.87B
Financing Cash Flow--36.97M118.50M1.92B724.22M294.16M362.94M147.74M-297.55M-106.63M-631.19M97.71M-1.06B
Capital Expenditure00298.30M201.33M975.98M1.01B1.22B967.72M328.01M327.05M784.00M1.79B3.12B3.05B
Free Cash Flow---201.06M-132.44M-914.83M-746.98M-546.80M-403.55M-156.64M198.57M587.67M419.83M291.33M557.39M
Dividends Paid--3.05M----14.43M14.43M132.00K14.43M141.95M466.92M447.71M
FCF to OCF---206.74%-192.28%-1496.05%-287.39%-81.61%-71.53%-91.40%37.78%42.84%18.97%8.54%15.45%
Dividend Paid to FCF---1.52%-----3.57%-9.21%0.07%2.45%33.81%160.27%80.32%

Earnings

Report DateAug 11, 2016Nov 23, 2016Mar 22, 2017May 10, 2017Aug 7, 2017Nov 6, 2017Feb 26, 2018May 8, 2018Aug 6, 2018Nov 5, 2018Feb 25, 2019May 6, 2019Aug 5, 2019Nov 4, 2019Feb 24, 2020May 4, 2020Aug 3, 2020Nov 2, 2020Feb 23, 2021May 4, 2021Aug 3, 2021Nov 3, 2021Feb 23, 2022May 4, 2022Aug 3, 2022Nov 8, 2022Feb 22, 2023May 8, 2023Aug 2, 2023Nov 7, 2023Feb 27, 2024May 7, 2024Aug 6, 2024Nov 6, 2024Feb 25, 2025May 7, 2025Aug 6, 2025Nov 5, 2025Feb 25, 2026May 6, 2026Aug 5, 2026Nov 4, 2026
EPS Estimate--0.020.020.020.010.060.100.180.210.210.160.050.090.020.04-0.07-0.27-0.21-0.070.000.070.200.290.400.450.470.450.390.320.380.330.380.380.320.340.430.270.300.280.380.560.60
EPS Actual0.00-0.04-0.160.030.070.070.120.230.190.150.120.080.08-0.010.04-0.04-0.32-0.23-0.320.090.060.200.510.250.520.270.260.340.270.390.510.420.390.350.360.420.270.370.370.390.69-
Surprise--100.00%-900.00%50.00%600.00%16.67%20.00%27.78%-9.52%-28.57%-25.00%60.00%-11.11%-150.00%0.00%42.86%-18.52%-9.52%-357.14%3990.91%-14.29%0.00%75.86%-37.50%15.56%-42.55%-42.22%-12.82%-15.63%2.63%54.55%10.53%2.63%9.38%5.51%-2.33%0.00%23.33%31.25%2.63%23.21%-
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap21.79B
Enterprise Value24.80B
Trailing P/E17.12
Forward P/E9.53
PEG Ratio0.95
Price / Sales3.80
Price / Book1.82
EPS1.52
Book Value14.34
Revenue (TTM)5.74B
Gross Profit (TTM)4.35B
EBITDA4.26B
Profit Margin21.52%
Operating Margin57.44%
Return on Equity11.40%
Return on Assets7.54%
Shares Outstanding837.56M
Shares Float797.19M
Beta0.65
Dividend Yield2.42%
Dividend Rate0.63
Payout Ratio43.45%

Analyst Ratings

Strong Buy
Based on 24 analystsTarget 28.62
  • Strong Buy
    18
  • Buy
    4
  • Hold
    2

Ownership Breakdown

Institutions
93.90%
Insiders
4.61%
Retail / Other
1.49%

Top Institutional Holders

  • BlackRock Inc
    79.04M9.44%
  • Vanguard Portfolio Management, LLC
    41.26M4.93%
  • T. Rowe Price Associates, Inc.
    38.22M4.56%
  • Vanguard Capital Management, LLC
    35.75M4.27%
  • State Street Corp
    27.70M3.31%
  • Dimensional Fund Advisors, Inc.
    27.19M3.25%
  • T. Rowe Price Investment Management,Inc.
    21.60M2.58%
  • Post Oak Energy Holdings LLC
    21.05M2.51%
  • Barrow Hanley Mewhinney & Strauss LLC
    20.98M2.50%
  • Capital World Investors
    20.32M2.43%
  • Wellington Management Company LLP
    20.16M2.41%
  • Geode Capital Management, LLC
    18.20M2.17%
  • Boston Partners Global Investors, Inc
    18.12M2.16%
  • Nuveen, LLC
    16.17M1.93%
  • Massachusetts Financial Services Company
    15.24M1.82%

Top Fund Holders

  • iShares Core S&P Mid-Cap ETF
    30.09M3.59%
  • Vanguard MStar Total Stk Mkt Idx Invest
    25.31M3.02%
  • Vanguard Small Cap Index
    17.91M2.14%
  • American Funds Income Fd of Amer A
    17.66M2.11%
  • American Funds Fundamental Invs A
    14.70M1.76%

Dividends

20263×
0.16Sep 16, 20260.16Jun 16, 20260.16Mar 17, 2026
20254×
0.15Dec 17, 20250.15Sep 16, 20250.15Jun 16, 20250.15Mar 17, 2025
20244×
0.15Nov 14, 20240.21Aug 19, 20240.20May 20, 20240.15Mar 12, 2024
20234×
0.12Nov 17, 20230.10Aug 14, 20230.10May 15, 20230.05Mar 6, 2023
20221×
0.05Nov 18, 2022