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Home โบ Stocks โบ Permian Resources Corporation (PR) Stock Forecast & Price Prediction United States | NYSE | Energy | Oil & Gas E&P
$13.02
+0.01 (0.08%)10 Quality Stocks Worth Considering Now
Researching Permian Resources (PR) after the drop? Our ex-Goldman Sachs analyst reveals if it made our list of 10 oversold quality stocks with strong growth potential.
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Based on our analysis of 19 Wall Street analysts, PR has a bullish consensus with a median price target of $17.50 (ranging from $14.00 to $21.00). The overall analyst rating is Strong Buy (9.1/10). Currently trading at $13.02, the median forecast implies a 34.4% upside. This outlook is supported by 18 Buy, 1 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Mark Lear at Piper Sandler, projecting a 61.3% upside. Conversely, the most conservative target is provided by Subash Chandra at Benchmark, suggesting a 7.5% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for PR.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Apr 22, 2025 | Susquehanna | Biju Perincheril | Positive | Maintains | $19.00 |
Apr 14, 2025 | RBC Capital | Scott Hanold | Outperform | Maintains | $16.00 |
Apr 1, 2025 | B of A Securities | Noah Hungness | Buy | Maintains | $17.00 |
Mar 27, 2025 | Morgan Stanley | Devin McDermott | Overweight | Maintains | $19.00 |
Mar 13, 2025 | JP Morgan | Arun Jayaram | Overweight | Maintains | $18.00 |
Mar 6, 2025 | Piper Sandler | Mark Lear | Overweight | Maintains | $20.00 |
Mar 5, 2025 | Susquehanna | Biju Perincheril | Positive | Upgrade | $20.00 |
Mar 4, 2025 | Citigroup | Paul Diamond | Buy | Maintains | $17.00 |
Jan 29, 2025 | Piper Sandler | Mark Lear | Overweight | Maintains | $21.00 |
Jan 13, 2025 | Truist Securities | Neal Dingmann | Buy | Maintains | $23.00 |
Jan 10, 2025 | Morgan Stanley | Devin McDermott | Overweight | Initiates | $19.00 |
Dec 17, 2024 | Piper Sandler | Overweight | Maintains | $0.00 | |
Nov 18, 2024 | Piper Sandler | Mark Lear | Overweight | Maintains | $21.00 |
Nov 8, 2024 | Truist Securities | Neal Dingmann | Buy | Maintains | $20.00 |
Oct 16, 2024 | Benchmark | Subash Chandra | Buy | Maintains | $14.00 |
Oct 15, 2024 | Piper Sandler | Mark Lear | Overweight | Maintains | $20.00 |
Oct 14, 2024 | RBC Capital | Scott Hanold | Outperform | Reiterates | $17.00 |
Oct 1, 2024 | Wells Fargo | Hanwen Chang | Overweight | Maintains | $21.00 |
Sep 30, 2024 | Truist Securities | Neal Dingmann | Buy | Maintains | $18.00 |
Sep 30, 2024 | Goldman Sachs | Neil Mehta | Buy | Initiates | $19.00 |
The following stocks are similar to Permian Resources based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Permian Resources Corporation has a market capitalization of $10.53B with a P/E ratio of 7.9x. The company generates $5.00B in trailing twelve-month revenue with a 19.7% profit margin.
Revenue growth is +15.4% quarter-over-quarter, while maintaining an operating margin of +30.0% and return on equity of +12.7%.
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Explores and produces oil and natural gas.
The company generates revenue through the exploration, development, and production of oil and natural gas in the Permian Basin. By utilizing advanced drilling techniques and focusing on operational efficiency, Permian Resources maximizes output while adhering to environmental standards.
As a significant player in the U.S. energy sector, the company influences various industries, including transportation and manufacturing. Its strategic position in a key oil field ensures it plays an essential role in meeting domestic energy demands and participating in energy policy discussions.
Energy
Oil & Gas E&P
482
Mr. William M. Hickey III
United States
2022
While the top- and bottom-line numbers for Permian Resources (PR) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Permian Resources (PR) delivered earnings and revenue surprises of -4.55% and 1.22%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?
RGC Resources (RGCO) delivered earnings and revenue surprises of 8.82% and 7.24%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?
Permian Resources Corporation will hold its Q1 2025 earnings conference call on May 8, 2025, at 10:00 AM ET, featuring key executives and analysts from major financial firms.
Earnings calls provide insights into a company's financial health and future outlook, affecting stock performance and investor decisions. Key participants signal market interest and credibility.
Permian Resources Corporation acquired Northern Delaware Basin assets for $608 million, enhancing production and boosting projected free cash flow to nearly $2 billion annually at $70 WTI oil.
Permian's acquisition enhances production and significantly boosts free cash flow projections, indicating strong financial health and potential for shareholder value increase.
PR projects average daily production of 360,000-380,000 Boe/d in 2025, with oil output estimated at 170,000-175,000 Bbls/d.
Projected production increases indicate potential revenue growth and profitability for PR, impacting stock valuation and investment attractiveness in the energy sector.
Permian Resources has declared a quarterly cash dividend, indicating ongoing shareholder returns.
A quarterly cash dividend from Permian Resources signals financial health and stable cash flow, potentially attracting income-focused investors and boosting stock demand.
PR reported strong Q1 2025 results and revised its 2025 guidance. The company also announced a strategic acquisition of assets in the Northern Delaware Basin.
Strong Q1 results and revised guidance signal financial health, while the acquisition enhances asset portfolio, potentially increasing future cash flow and market position.
Permian Resources (PR) is set to report its quarterly performance for March 2025, with key metrics beyond Wall Street's estimates to provide deeper insights into its potential performance.
Key metrics beyond estimates can reveal Permian Resources' actual operational efficiency and growth potential, influencing investor sentiment and stock valuation.
Based on our analysis of 19 Wall Street analysts, Permian Resources Corporation (PR) has a median price target of $17.50. The highest price target is $21.00 and the lowest is $14.00.
According to current analyst ratings, PR has 18 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $13.02. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict PR stock could reach $17.50 in the next 12 months. This represents a 34.4% increase from the current price of $13.02. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company generates revenue through the exploration, development, and production of oil and natural gas in the Permian Basin. By utilizing advanced drilling techniques and focusing on operational efficiency, Permian Resources maximizes output while adhering to environmental standards.
The highest price target for PR is $21.00 from Mark Lear at Piper Sandler, which represents a 61.3% increase from the current price of $13.02.
The lowest price target for PR is $14.00 from Subash Chandra at Benchmark, which represents a 7.5% increase from the current price of $13.02.
The overall analyst consensus for PR is bullish. Out of 19 Wall Street analysts, 18 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $17.50.
Stock price projections, including those for Permian Resources Corporation, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.