Energy · Oil & Gas Exploration & Production
Price
$18.72
Market Cap
$13.4B
Employees
482
Beta
0.44
Avg Volume
12,178,927
CEO
William Hickey
Business Description
Permian Resources Corporation operates as an independent producer in the oil and natural gas sector, primarily concentrating its efforts on the extraction of crude oil and associated liquids-rich natural gas reserves within the United States. Its core operational footprint is situated within the Delaware Basin, which is a major sub-basin of the broader Permian Basin. The company's landholdings are predominantly located across Reeves County in West Texas and Lea County, New Mexico. As of December 31, 2021, Permian Resources reported approximately 73,675 net acres under lease or acquisition, along with 991 net mineral acres, all within the Delaware Basin. The company was formerly known as Centennial Resource Development, Inc., officially changing its name to Permian Resources Corporation in September 2022. Incorporated in 2015, its corporate headquarters are located in Midland, Texas.
Business History
Price Overview
Last updated: Jun 27, 2026 10:02am (just now)$18.72
-0.14 (-0.74%)
Day Range
$18.44 – $18.95
52-Week Range
$11.92 – $22.68
50-Day MA
$20.04
200-Day MA
$16.62
Volume
24,221,141.00
Analyst Price Targets
Low
$18.00
Consensus
$24.38
High
$27.00
(43 analysts)
Share Structure
Outstanding
715,728,540.00
Float
766,239,041.00
Free Float
107.1%
High free float
— 107.1% of shares trade freely, ~-7.1% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
APIStock Price / EPS (Diluted)
23.41
Stock Price: $18.72
EPS (Diluted): 1.31
EPS (Diluted): 1.31
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
0.98
Stock Price: $18.72
Total Equity: $10.28B
Shares: 730,975,000
Total Equity: $10.28B
Shares: 730,975,000
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
5.11
Market Cap: $13.40B
Total Debt: $3.63B
Cash: $153.69M
EBITDA: $3.70B
Total Debt: $3.63B
Cash: $153.69M
EBITDA: $3.70B
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$13.6B
Market Cap: $13.40B
Total Debt: $3.63B
Cash: $153.69M
Total Debt: $3.63B
Cash: $153.69M
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
32.7%
Gross Profit: $1.66B
Revenue: $5.07B
Revenue: $5.07B
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
29.0%
Operating Income: $1.47B
Revenue: $5.07B
Revenue: $5.07B
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
18.5%
Net Income: $935.17M
Revenue: $5.07B
Revenue: $5.07B
ROE (Profit from shareholder equity)
APINet Income / Total Equity
6.3%
Net Income: $935.17M
Total Equity: $10.28B
Total Equity: $10.28B
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
7.5%
Operating Income: $1.47B
Tax Rate: 20.5%
Equity: $10.28B
Total Debt: $3.63B
Cash: $153.69M
Tax Rate: 20.5%
Equity: $10.28B
Total Debt: $3.63B
Cash: $153.69M
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
0.78
Current Assets: $1.31B
Current Liabilities: $1.68B
Current Liabilities: $1.68B
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.35
Short-Term Debt: $80.29M
Long-Term Debt: $3.55B
Total Debt: $3.63B
Total Equity: $10.28B
Long-Term Debt: $3.55B
Total Debt: $3.63B
Total Equity: $10.28B
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$6.93
Revenue: $5.07B
Shares: 730,975,000
Shares: 730,975,000
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$14.06
Total Equity: $10.28B
Shares: 730,975,000
Shares: 730,975,000
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$0.76
Operating CF: $3.61B
CapEx: -$3.05B
Shares: 730,975,000
CapEx: -$3.05B
Shares: 730,975,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
4.5%
Last Dividend: N/A
Stock Price: $18.72
Stock Price: $18.72
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $935.17M
Net Income: $935.17M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares PR against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 21, 2026 6:33pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $1.0B | $2.1B | $3.1B | $5.0B | $5.1B |
| Cost of Revenue | $481.4M | $714.5M | $1.5B | $2.6B | $3.4B |
| Gross Profit | $548.5M | $1.4B | $1.7B | $2.4B | $1.7B |
| Operating Expenses | $177.8M | $409.3M | $553.8M | $610.8M | $186.5M |
| Operating Income | $370.6M | $1.0B | $1.1B | $1.7B | $1.5B |
| Net Income | $138.2M | $515.0M | $476.3M | $984.7M | $935.2M |
| EBITDA | $489.2M | $1.4B | $2.2B | $3.6B | $3.7B |
| EPS | $0.49 | $1.80 | $1.36 | $1.54 | $1.31 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 21, 2026 6:33pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $9.4M | $59.5M | $73.3M | $479.3M | $153.7M |
| Total Current Assets | $86.5M | $463.8M | $650.4M | $1.1B | $1.3B |
| Total Assets | $3.8B | $8.5B | $15.0B | $16.9B | $18.2B |
| Current Liabilities | $167.9M | $605.6M | $1.2B | $1.3B | $1.7B |
| Long-Term Debt | $825.6M | $2.1B | $3.8B | $4.2B | $3.5B |
| Total Liabilities | $1.1B | $2.8B | $5.7B | $6.4B | $6.7B |
| Total Equity | $2.8B | $2.9B | $6.3B | $9.1B | $10.3B |
| Retained Earnings | -$262.3M | $237.2M | $569.1M | $1.1B | $1.6B |
Cash Flow (Annual)
Last updated: Jun 21, 2026 6:33pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $525.6M | $1.4B | $2.2B | $3.4B | $3.6B |
| Capital Expenditure | -$327.1M | -$784.0M | -$1.8B | -$3.1B | -$3.1B |
| Free Cash Flow | $198.6M | $587.7M | $419.8M | $291.3M | $557.4M |
| Acquisitions (net) | $0 | -$496.7M | $99.8M | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$14.5M | -$19.0M | -$162.4M | -$61.0M | -$73.7M |
| Net Change in Cash | $1.6M | $60.0M | $3.9M | $405.5M | -$325.7M |
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 10:02am (just now)| Metric | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|
| Revenue |
$6.5B $6.1B – $7.1B
|
$6.6B $6.5B – $6.6B
|
$6.3B $5.9B – $6.8B
|
$6.4B $6.0B – $6.9B
|
| EBITDA |
$4.3B $4.0B – $4.7B
|
$4.3B $4.3B – $4.4B
|
$4.2B $3.9B – $4.5B
|
$4.2B $4.0B – $4.5B
|
| Net Income |
$1.8B $1.3B – $1.8B
|
$1.7B $1.2B – $1.8B
|
$1.6B $1.5B – $1.7B
|
$1.6B $1.5B – $1.8B
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 21, 2026 6:33pm (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +106.9% | +46.4% | +60.2% | +1.3% |
| Gross Profit Growth | +158.3% | +16.5% | +42.7% | -29.6% |
| Operating Income Growth | +171.9% | +8.8% | +59.1% | -15.7% |
| Net Income Growth | +272.7% | -7.5% | +106.7% | -5.0% |
| EBITDA Growth | +188.3% | +56.3% | +64.1% | +2.3% |
Insider Trading (Recent)
Type codes
PPurchase
SSale
AAward / grant
MOption exercise
FIn-kind (tax)
CConversion
GGift
DReturn to issuer
All SEC Form 4 codes
Open market
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
Compensation (Rule 16b-3)
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
Other exempt
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
Other
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-06-18 | Tichio Robert M. | G-Gift | 5,500.00 | $0.00 | $0 |
| 2026-05-19 | Tichio Robert M. | A-Award | 14,778.00 | $0.00 | $0 |
| 2026-05-19 | Marquez Aron | A-Award | 14,045.00 | $0.00 | $0 |
| 2026-05-19 | GRAY STEVEN D | A-Award | 22,350.00 | $0.00 | $0 |
| 2026-05-19 | Eves Karan E | A-Award | 14,045.00 | $0.00 | $0 |
| 2026-05-21 | Oliphint Guy M | S-Sale | 62,769.00 | $20.44 | $1.3M |
| 2026-05-19 | Tepper Jeffrey | A-Award | 15,144.00 | $0.00 | $0 |
| 2026-05-19 | Baldwin Maire A. | A-Award | 15,022.00 | $0.00 | $0 |
| 2026-03-17 | Marquez Aron | S-Sale | 5,250.00 | $19.58 | $102,769 |
| 2026-03-18 | Marquez Aron | S-Sale | 7,750.00 | $19.62 | $152,032 |
| 2026-03-18 | Quinn William J | S-Sale | 512,429.00 | $19.59 | $10.0M |
| 2026-03-12 | Tepper Jeffrey | S-Sale | 50,000.00 | $19.38 | $968,750 |
| 2026-03-11 | Quinn William J | S-Sale | 800,000.00 | $19.15 | $15.3M |
| 2026-03-03 | Oliphint Guy M | S-Sale | 6,412.00 | $18.68 | $119,801 |
| 2026-03-04 | Oliphint Guy M | S-Sale | 4,999.00 | $18.28 | $91,387 |
| 2026-03-04 | Walter James H | S-Sale | 673,425.00 | $18.38 | $12.4M |
| 2026-03-03 | Bell John Charles | S-Sale | 4,128.00 | $18.71 | $77,223 |
| 2026-03-04 | Bell John Charles | S-Sale | 4,994.00 | $18.28 | $91,276 |
| 2026-03-04 | Bell John Charles | S-Sale | 153,391.00 | $18.39 | $2.8M |
| 2026-03-04 | Hickey William M III | S-Sale | 898,423.00 | $18.38 | $16.5M |
Dividend History (Last 20)
Last updated: Jun 21, 2026 6:33pm (5d ago)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-06-16 | $0.16 | 2026-05-06 | 2026-06-16 | 2026-06-30 |
| 2026-03-17 | $0.16 | 2026-02-25 | 2026-03-17 | 2026-03-31 |
| 2025-12-17 | $0.15 | 2025-11-05 | 2025-12-17 | 2025-12-31 |
| 2025-09-16 | $0.15 | 2025-08-06 | 2025-09-16 | 2025-09-30 |
| 2025-06-16 | $0.15 | 2025-05-07 | 2025-06-16 | 2025-06-30 |
| 2025-03-17 | $0.15 | 2025-02-25 | 2025-03-17 | 2025-03-31 |
| 2024-11-14 | $0.15 | 2024-11-06 | 2024-11-14 | 2024-11-22 |
| 2024-08-19 | $0.21 | 2024-08-06 | 2024-08-19 | 2024-08-27 |
| 2024-05-20 | $0.20 | 2024-05-07 | 2024-05-21 | 2024-05-29 |
| 2024-03-12 | $0.15 | 2024-02-27 | 2024-03-13 | 2024-03-21 |
| 2023-11-17 | $0.12 | 2023-11-07 | 2023-11-20 | 2023-11-28 |
| 2023-08-14 | $0.10 | 2023-08-02 | 2023-08-15 | 2023-08-23 |
| 2023-05-15 | $0.10 | 2023-05-08 | 2023-05-16 | 2023-05-24 |
| 2023-03-06 | $0.05 | 2023-02-22 | 2023-03-07 | 2023-03-15 |
| 2022-11-18 | $0.05 | 2022-11-08 | 2022-11-21 | 2022-11-29 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for PR — it's generated by the pipeline (
market-narrative step).
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30