Permian Resources Corp (NYSE: PR) is 2.09% higher on its value in year-to-date trading and has touched a low of $10.01 and a high of $16.78 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PR stock was last observed hovering at around $14.66 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $14.68, the stock is 8.93% and 15.79% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.32 million and changing 0.14% at the moment leaves the stock 5.93% off its SMA200. PR registered -2.31% loss for a year compared to 6-month loss of -0.54%.
The stock witnessed a 8.66% gain in the last 1 month and extending the period to 3 months gives it a 8.26%, and is 4.63% 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 2.06% over the week and 1.82% over the month.
Permian Resources Corp (PR) has around 482 employees, a market worth around $11.74B and $5.13B in sales. Current P/E ratio is 9.06 and Fwd P/E is 10.99. Profit margin for the company is 22.84%. Distance from 52-week low is 46.65% and -12.51% from its 52-week high. The company has generated returns on investments over the last 12 months (8.89%).
with sales reaching $1.23B over the same period.The EPS is expected to shrink by -6.11% this year, but quarterly earnings will post 3.85% year-over-year. Quarterly sales are estimated to shrink -1.33% in year-over-year returns.
Permian Resources Corp (PR) Top Institutional Holders
The shares outstanding are 704.87M, and float is at 536.03M with Short Float at 7.80%.
The top institutional shareholder in the company is BLACKROCK INC. with over 54.34 million shares valued at $877.59 million. The investor’s holdings represent 8.8755% of the PR Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 50.39 million shares valued at $813.73 million to account for 8.2296 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).
