Permian Resources Corp (NYSE: PR) is -23.37% lower on its value in year-to-date trading and has touched a low of $10.01 and a high of $17.73 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PR stock was last observed hovering at around $11.00 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $11.02, the stock is -13.11% and -17.40% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.35 million and changing 0.18% at the moment leaves the stock -23.08% off its SMA200. PR registered -36.67% loss for a year compared to 6-month loss of -24.10%. The firm has a 50-day simple moving average (SMA 50) of $13.3418 and a 200-day simple moving average (SMA200) of $14.3537.
The stock witnessed a -18.97% gain in the last 1 month and extending the period to 3 months gives it a -28.81%, and is 6.37% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.18% over the week and 5.73% over the month.
Permian Resources Corp (PR) has around 482 employees, a market worth around $8.92B and $5.00B in sales. Current P/E ratio is 7.72 and Fwd P/E is 7.12. Profit margin for the company is 19.79%. Distance from 52-week low is 10.09% and -37.83% from its 52-week high. The company has generated returns on investments over the last 12 months (7.39%).
with sales reaching $1.38B over the same period.The EPS is expected to grow by 3.58% this year, but quarterly earnings will post 6.79% year-over-year. Quarterly sales are estimated to grow 11.22% in year-over-year returns.
Permian Resources Corp (PR) Top Institutional Holders
671.0 institutions hold shares in Permian Resources Corp (PR), with institutional investors hold 99.04% of the company’s shares. The shares outstanding are 703.77M, and float is at 543.39M with Short Float at 6.90%. Institutions hold 97.97% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 50.39 million shares valued at $813.73 million. The investor’s holdings represent 9.1201% of the PR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 54.34 million shares valued at $877.59 million to account for 8.8755 of the shares outstanding. The other top investors are RIVERSTONE HOLDINGS LLC which holds 39.19 million shares representing 6.4007% and valued at over $632.88 million, while POST OAK ENERGY HOLDINGS, LLC holds 3.4379 of the shares totaling 21.05 million with a market value of $339.94 million.
Permian Resources Corp (PR) Insider Activity
The most recent transaction is an insider purchase by Quinn William J, the company’s Director. SEC filings show that Quinn William J bought 250,000 shares of the company’s common stock on Mar 05 ’25 at a price of $12.10 per share for a total of $3.02 million. Following the purchase, the insider now owns 1.31 million shares.
Permian Resources Corp disclosed in a document filed with the SEC on Mar 03 ’25 that Quinn William J (Director) bought a total of 500,000 shares of the company’s common stock. The trade occurred on Mar 03 ’25 and was made at $13.07 per share for $6.54 million. Following the transaction, the insider now directly holds 0.81 million shares of the PR stock.
Still, SEC filings show that on Mar 04 ’25, Quinn William J (Director) acquired 250,000 shares at an average price of $12.34 for $3.09 million. The insider now directly holds 1,062,429 shares of Permian Resources Corp (PR).
