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Permian Resources Corporation

PR Energy Oil & Gas E&P

Permian Resources Corporation’s revenue for fiscal 2025 (year ended December 2025) was $5.1 billion, up 1.29% from fiscal 2024.

Revenue
+48.1%
EPS
+525.0%
Free cash flow
−56.2%
Total debt
−25.1%

Quarter to September 2026, against a year earlier

21.46 0.97 −4.32%
Market cap
$17.9B
P/E
10.9×
Fwd P/E
11.1×
Dividend yield
2.94%
F-score
4/9
Altman Z
1.59
Beneish M
−2.61
Dividend safety
54/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Revenue by products and services Fiscal 2025

  • Oil sales
  • NGL sales
  • Natural gas sales
  • Oil and Gas, Purchased

Every year since 2017 →

Insider Decisions last twelve months

Sold, $m 90.73
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — 5 — 9 — 1 — — — 3 — —
Insider Ownership 8.98%

Capital & Financial Ratios $m

Size
Market Cap 17,870.00
Revenue ttm 6,373.26
Net income ttm 1,644.91
Free cash flow ttm 1,028.45
Net debt Q (95.03)
Valuation
P/E 10.95
Forward P/E 11.10
Price / sales 2.82
Forward P/S Powerpack
Price / FCF 17.48
Price / book 1.46
Financial health
Current ratio Q 0.50 (below 1: weak)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q 15.56
Growth
Revenue growth Q +48.11% (above 0%: growing)
Operating income growth Q +127.10% (above 0%: growing)
EPS, this year +86.58% (at or above 15%: strong)
EPS, next year A +6.94%
Revenue, next year A +36.70% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A +18.90% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 3.3×, against a ten-year median of 3.0×; over the ten years it ranged from 1.3× in 2020 to 25.0× in 2017.
P/E against its own 10 years 36.53%
10-year low 10-year high
P/S against its own 10 years 72.40%
10-year low 10-year high
P/B against its own 10 years 81.48%
10-year low 10-year high
EV/Sales against its own 10 years 61.09%
10-year low 10-year high
EV/FCF against its own 10 years 76.95%
10-year low 10-year high

Dividends raised every year since 2022

Yield
2.94%
Annual rate
0.63
Payout ratio
32.8%
Growth, 2022–25
+128.9%/yr
  1. 0.05 ’22
  2. 0.10 ’23 +100
  3. 0.46 ’24 +360
  4. 0.60 ’25 +30
  5. 0.64 ’26e +7
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 73 479 154 95
Receivables 481 530 841 1,059
Inventory — — — —
Other 71 86 280 41
650 1,122 1,312 1,225
2023 2024 2025 Q'26
Payables 1,168 1,198 1,454 1,770
ST’ Debt — — — —
Other 41 72 145 —
1,242 1,327 1,678 2,459

Compound Annual Growth %

10y 5y 3y
Sales 49.56% 54.23% 33.45%
Cash Flow 48.56% 83.93% 38.03%
Earnings 0.00% 0.00% 22.00%
Book Value 38.29% 34.67% 26.81%

Earnings Trends EPS, adjusted, against the consensus

Q3 FY26 Estimate 0.60 Actual 0.69

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q4 FY25 0.28 0.37 Beat by 0.09
Q1 FY26 0.38 0.39 Beat by 0.01
Q2 FY26 0.56 0.69 Beat by 0.13
Q3 FY26 0.60 0.69 Beat by 0.09
Q4 FY26 0.78 — Reports 24 February 2027

EPS $

Mar Jun Sep Dec Year
’26 0.05 0.93 0.49 — —
’25 0.44 0.28 0.08 0.45 1.28
’24 0.25 0.36 0.53 0.29 1.45
’23 0.31 0.21 0.13 0.51 1.22
’22 0.05 0.60 0.70 0.26 1.61
’21 (0.12) (0.09) 0.12 0.51 0.46
’20 (1.99) 0.02 (0.19) (0.32) (2.46)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 1,388 1,858 1,958 — —
’25 1,376 1,198 1,322 1,169 5,065
’24 1,243 1,246 1,216 1,296 5,001
’23 616 623 759 1,123 3,121
’22 347 473 550 762 2,131
’21 192 233 289 316 1,030
’20 193 91 149 148 580
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 815 1,506 1,255 — —
’25 898 1,039 766 904 3,608
’24 648 938 954 872 3,412
’23 438 448 481 846 2,213
’22 160 295 388 528 1,372
’21 72 107 154 192 526
’20 101 (16) 46 41 171
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 151 653 46 — —
’25 536 (85) 104 178 734
’24 28 263 (315) 331 308
’23 86 41 85 323 535
’22 76 150 217 220 663
’21 26 27 64 502 619
’20 (66) (126) 15 341 164
Fiscal quarters ending in the months shown.

Valuation

The price implies free cash flow after share-based pay growing 4.4% a year for ten years.

Implied
4.4%
Open the model

Target Price Range

Analyst price targets

Recommendation Rating

1.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 99 430 891 944 580 1,030 2,131 3,121 5,001 5,065 6,373 +54.9% 6,924 7,050 6,778 +10.2%
Gross margin, % 73.01 77.03 77.84 70.14 62.10 74.81 80.04 77.45 75.07 73.48 0.00 +0.5 pt
EBT (228) 113 272 22 (770) 139 870 1,036 1,551 1,383 2,026 n/m
EBT margin, % (230.81) 26.40 30.55 2.35 (132.71) 13.47 40.83 33.18 31.01 27.31 31.78 +258.1 pt
Net income (228) 84 213 16 (685) 138 750 880 1,251 1,099 1,645 n/m
Per share, $
Per share, $ Revenue 0.60 1.83 3.38 3.53 2.09 3.67 7.45 8.94 7.81 7.08 7.61 +31.6%
Earnings (1.32) 0.32 0.76 0.06 (2.46) 0.49 1.80 1.36 1.54 1.31 1.96 n/m
Cash flow 0.37 1.10 2.54 2.11 0.62 1.87 4.79 6.34 5.33 5.04 5.35 +33.7%
Capex (5.89) (4.21) (4.06) (0.29) (0.03) 0.33 (2.48) (4.81) (4.85) (4.01) (4.12) (4.2%)
Free cash flow (5.52) (3.11) (1.51) 1.82 0.59 2.20 2.32 1.53 0.48 1.03 1.23 n/m
Book value 15.41 12.76 12.32 12.22 9.39 9.79 19.77 26.43 16.42 16.11 14.69 +0.5%
Shares, m 166 235 263 268 277 281 286 349 641 716 801 +17.7%
Valuation, ×
Valuation, × P/E 0.00 64.52 14.50 82.35 0.00 12.20 4.84 10.66 9.46 10.71 10.95 20.9
P/S 2.83 10.95 3.26 1.31 0.72 1.63 1.17 1.53 1.84 1.98 2.82 2.7
P/B 0.11 1.57 0.89 0.38 0.16 0.61 0.44 0.52 0.88 0.87 1.46 0.6
EV/Sales 1.47 11.59 4.01 2.43 2.55 2.42 2.16 2.75 2.59 2.71 3.32 3.5
EV/FCF (0.16) (6.80) (8.97) 4.71 9.06 4.04 6.94 16.02 42.08 18.69 20.58 8.6
Cash, $m
Cash, $m Operating cash flow 61 260 670 564 171 526 1,372 2,213 3,412 3,608 4,480 +57.3%
Capex (976) (992) (1,069) (78) (8) 93 (708) (1,678) (3,104) (2,873) (3,451) +12.7%
Free cash flow (915) (732) (399) 486 164 619 663 535 308 734 1,028 n/m
Balance, $m
Balance, $m Working capital 60 3 (118) (134) (66) (81) (142) (591) (206) (366) (1,233) n/m
Net debt (134) 273 673 1,047 1,063 816 2,081 3,775 3,705 3,392 (95) n/m
Shareholders’ equity 2,553 3,004 3,244 3,271 2,604 2,751 5,656 9,230 10,519 11,534 12,309 +18.2%
Returns, %
Returns, % ROA (13.88) 2.41 5.08 0.35 (16.04) 3.62 8.38 4.06 6.18 5.37 8.76 +19.3 pt
ROIC (5.52) 2.18 4.52 1.15 (13.30) 6.49 8.14 5.27 7.67 6.13 13.06 +11.6 pt
ROE (15.10) 2.72 6.40 0.49 (23.25) 5.16 12.25 6.40 9.97 8.48 13.53 +23.6 pt
People
People Employees 57 119 178 195 151 147 218 461 482 515 — +27.7%
Revenue/emp, $m 1.73 3.61 5.01 4.84 3.84 7.01 9.78 6.77 10.37 9.84 — +21.3%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

Business profile

Updated

Permian Resources is an independent oil and natural gas producer. It acquires acreage, drills and completes wells, and sells the oil, natural gas liquids and natural gas those wells produce. Its assets are in the Permian Basin, concentrated in the Delaware Basin of West Texas and New Mexico. William M. Hickey III and James H. Walter are co-chief executive officers.

The company holds leasehold interests that give it working interests in wells, as well as royalty interests. A working interest represents a share of a well’s operations and production; a royalty interest gives its holder an interest in production without being the well operator. Permian Resources operates many of its wells and also owns interests in wells operated by others.

Where the money comes from and where it goes Fiscal 2025

Fiscal 2025: revenue by products and services, and margins
Oil sales 4,251 83.93%
NGL sales 659 13.00%
Natural gas sales 132 2.60%
Oil and Gas, Purchased 24 0.47%
Gross margin 73.48%
Operating margin 28.88%
Pre-tax margin 27.31%

Revenue by segment since 2017

Permian Resources Corporation vs peers in Oil & Gas E&P (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
WDS Woodside Energy Group Ltd $40.7B 3.3× 12.0× +196.99% (above 0%: growing) +178.60% (above 0%: growing) −173.74% (below 0%: shrinking) 42.87% 0.00% Compare
EQT EQT Corporation $31.7B 12.0× 14.3× −9.61% (below 0%: shrinking) −16.67% (below 0%: shrinking) +12.15% (above 0%: growing) 73.39% 25.95% Compare
EXE Expand Energy Corporation $19.7B 7.4× 7.9× +10.79% (above 0%: growing) −2.61% (below 0%: shrinking) +2.49% (above 0%: growing) 74.25% 19.48% Compare
TPL Texas Pacific Land Corporation $18.8B 32.3× 35.9× +34.62% (above 0%: growing) +38.33% (above 0%: growing) +83.99% (above 0%: growing) 100.00% 76.00% Compare
PR Permian Resources Corporation $17.9B 10.9× 11.1× +48.11% (above 0%: growing) +525.00% (above 0%: growing) −56.18% (below 0%: shrinking) 0.00% 45.35%
APA APA Corporation $15.2B 7.1× 7.7× +39.35% (above 0%: growing) +252.63% (above 0%: growing) +81.05% (above 0%: growing) 0.00% 42.67% Compare
RRC Range Resources Corporation $11.7B 13.3× 13.3× +12.60% (above 0%: growing) +22.95% (above 0%: growing) +59.63% (above 0%: growing) 93.57% 29.00% Compare
AR Antero Resources Corporation $11.2B 8.2× 8.7× +28.74% (above 0%: growing) +377.72% (above 0%: growing) −55.76% (below 0%: shrinking) 45.18% 25.07% Compare
SM SM Energy Company $7.1B 7.2× 5.5× +167.38% (above 0%: growing) −70.93% (below 0%: shrinking) +369.43% (above 0%: growing) 73.55% 10.88% Compare
Median of peers $17.0B 7.8× 10.3× +31.68% +30.64% +35.89% 73.47% 25.51%

All 74 Oil & Gas E&P stocks →

From the latest earnings call

Updated

  • Will Hickey said Permian Resources restored curtailed gas production as prices improved and began delivering gas through Hugh Brinson to reach downstream markets.
  • James Walter said the company raised its production and spending outlook and expects more free cash flow than its original plan, adjusted for commodity prices.

Largest institutional holders 13F, quarter to 30 June 2026

Held by institutions 91.02%
Held by the ten largest 45.11%
Holder Shares Stake Change
Vanguard 83.38m 9.96% +3.71m
BlackRock 79.04m 9.44% +7.98m
T. Rowe Price 59.83m 7.14% +18.06m
State Street 27.70m 3.31% +2.01m
Dimensional Fund Advisors 27.19m 3.25% −4.13m
Post Oak Energy Holdings, LLC 21.05m 2.51% 0.00
BARROW HANLEY MEWHINNEY & STRAUSS LLC 20.98m 2.50% −13.59m
Capital Group 20.32m 2.43% +17.15m
Wellington Management 20.16m 2.41% +763.06k
Geode Capital Management 18.20m 2.17% +3.98m
13F filings for the quarter to 30 June 2026: long positions in US-listed shares reported by managers with $100m or more, ~45 days after the quarter.

Pay and ownership Proxy statement filed 6 April 2026

Ownership

Directors and executive officers, together 5.00%
BlackRock, Inc. 7.30%
The Vanguard Group, Inc. 7.00%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Permian Resources Corporation (PR) Latest News

5 Nov

Impact 3 · · The Motley Fool transcript

4 Nov

Impact 3 · · StockStory
Impact 3 · · Business Wire

29 Oct

Impact 3 · · Zacks

28 Oct

Impact 4 · · Zacks
Impact 3 · · Zacks

26 Oct

Impact 4 · · Zacks
Impact 4 · · Zacks
Impact 3 · · Simply Wall St.

22 Oct

Impact 4 · · Trefis

21 Oct

Impact 3 · · Zacks

20 Oct

Impact 4 · · Zacks

15 Oct

Impact 3 · · Business Wire

12 Oct

Impact 3 · · Zacks

7 Oct

Impact 4 · · Zacks

28 Sep

Impact 3 · · StockStory

27 Sep

Impact 4 · · Insider Monkey

16 Sep

Impact 3 ·

24 Aug

Impact 4 ·

18 Aug

Impact 3 ·

16 Aug

Impact 3 ·

15 Aug

Impact 3 ·

14 Aug

Impact 4 ·

8 Aug

Impact 3 · · MarketBeat transcript

7 Aug

Impact 3 ·

6 Aug

Impact 3 ·
Impact 3 · · Moby transcript

5 Aug

Impact 4 ·
Impact 3 ·
Impact 3 ·

PR metrics, ten years each

stockrow.com/PR · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com