Headquartered in Midland, TX Fiscal year ends December NYSE: PR permianres.com
Permian Resources Corporation (NYSE: PR) is an independent oil and natural gas exploration and production company focused on the Permian Basin, with operations concentrated in the core of the Delaware Basin. The company holds approximately 535,000 net acres across West Texas and Southeast New Mexico, making it the second largest Permian Basin pure-play E&P. Permian Resources generates revenue primarily from crude oil, NGL, and natural gas sales, with oil comprising the dominant share of its production mix. The company pursues a growth strategy centered on disciplined bolt-on acquisitions leveraging local relationships and a low-cost operating structure, combined with optimization of existing properties through drilling, completions, and workover programs. The company maintains an investment-grade balance sheet and returns capital to shareholders through a base dividend program and opportunistic share repurchases. Updated
Markets wobble heading into the Labor Day weekend as bond vigilantes push back against Washington, oil stays tense with Middle East strikes escalating, and Wall Street analysts make bold calls on names…
Pre-Market Stock Futures: Futures are trading lower after a mixed start to trading on Monday, following the holiday-shortened week due to the Juneteenth Federal holiday. We may start to see some end-of-the-quarter…
Goldman Sachs is the acknowledged leader in the investment landscape on Wall Street and worldwide. The firm’s top-notch research department continues to provide institutional and high-net-worth clients with the best ideas across…
Pre-Market Stock Futures: The futures are exploding higher, as, fortunately, President Trump chose not to “end civilization in Iran” and agreed to a two-week pause on attacks on Iran. In contrast, Iran…
Pre-Market Stock Futures: Futures are trading lower on Tuesday morning after investors returned from the three-day Easter weekend to find a stock market ready to rally after some promising news on the…
Goldman Sachs is the acknowledged leader in the investment landscape on Wall Street and worldwide. The firm’s top-notch research department continues to provide institutional and high-net-worth clients with the best ideas across…
With the U.S. attack on Iran, an escalation in pricing for oil was a given. So, of course, investors have bid up energy stocks fast in a big way. However, the companies…
The Impact of Index Rebalancing London Stock Exchange subsidiary FTSE Russell completed its annual reconstitution effective after the market closed on Friday. It reshuffled U.S. indexes like the Russell 1000 and Russell…
These four Goldman Sachs dividend energy stock picks offer outstanding entry points and have up to 50% upside potential.
Thursday's top analyst upgrades and downgrades included Brixmor Property, CAVA, Chevron, GE Healthcare Technologies, Keurig Dr Pepper, News Corp, PACCAR, Permian Resources, Pioneer Natural Resources, Sea and Visa.
Permian Resources Corporation (NYSE: PR) is an independent oil and natural gas exploration and production company focused on the Permian Basin, with operations concentrated in the core of the Delaware Basin.
24/7 Wall St.'s 12-month price target for PR is $24.70, rated Buy. The Wall Street consensus target is $27.19. PR price prediction →
