Permian Resources Corporation (PR) Stock

Permian Resources Corporation (PR) is a Energy stock trading at $23.86 (as of 2026-08-20), with a market capitalization of $19.98B and a trailing P/E of 27.1. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

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.

Understand Permian Resources Corporation: how it makes money

Permian Resources develops and produces crude oil and liquids-rich natural gas from acreage in the Delaware Basin, it makes money by selling oil, natural gas liquids, and natural gas.

Because the companys revenue is dominated by oil sales (oil is the largest sales line item), the profit engine depends primarily on sustaining crude oil sales and production from its Delaware Basin acreage.

Revenue by segment (latest quarter)
Oil$1.2B
NGL$0.1B
Gas$0.1B

Business quality (Solid): The provided data includes a clear revenue split by oil, NGL, and natural gas, and includes production volumes for oil and NGLs. However, several operating drivers in the provided KPI list (such as realized prices and per-barrel cost line items) are not meaningfully populated, which limits how precisely investors can assess cost and price effects from this snapshot alone.

Valuation: At 21× earnings, PR trades 22% above the Petroleum & Natural Gas average (17×). Note: one-time items can distort reported P/E.

Bull case

  • Oil-dominant revenue mix: Oil sales are the largest component of sales revenue in the latest quarter, supporting focus on crude oil output from its Delaware Basin asset base.
  • Liquids-rich Delaware Basin focus: The company focuses on crude oil and related liquids-rich natural gas reserves in the Delaware Basin, with acreage primarily in Reeves County, West Texas and Lea County, New Mexico.

Bear case

  • Revenue concentration in oil sales: With oil sales the largest sales line item, weakness in crude oil production or oil sales would likely have an outsized impact on total revenue compared with NGLs and natural gas.
  • Geographic and basin concentration: Assets are primarily concentrated in the Delaware Basin, with acreage mainly in Reeves County and Lea County, which can increase vulnerability to basin-specific operational or regulatory outcomes.
Valuation — source: SEC EDGAR (first-party)
Price$23.86
Market Cap$19.98B
P/E Ratio27.1
EV / EBITDA14.1
Price / Book1.76
Price / Sales3.78
DCF Value (model)$16.13
DCF Upside vs Price-32.4%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$5.07B
Net Margin18.5%
Revenue Growth (YoY)1.3%
EPS Growth (YoY)-14.9%
Financial Health — source: SEC EDGAR
Altman Z-Score2.34 (grey)
Valuation vs Sector & Industry
Stock P/E27.1
Sector P/E (Energy)16.8
Industry P/E (Petroleum & Natural Gas)16.7
vs Sector61.3%
vs Industry62.5%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($1.52B)
Institutional Holders Tracked10
Congressional Trades (recent)2
Company
SectorEnergy
IndustryPetroleum & Natural Gas
CEOWilliam Hickey
Employees482
CountryUS
IPO Date2016-04-15

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PR earnings history · PR institutional & insider holders · PR KPIs & operating metrics · PR financials · PR investor presentations & press releases · PR SEC filings · PR peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.