Permian Resources Corporation operates as an independent producer in the oil and natural gas sector, primarily concentrating its efforts on the extraction of crude oil and associated liquids-rich natural gas reserves within the United States. Its core operational footprint is situated within the Delaware Basin, which is a major sub-basin of the broader Permian Basin. The company's landholdings are predominantly located across Reeves County in West Texas and Lea County, New Mexico. As of December 31, 2021, Permian Resources reported approximately 73,675 net acres under lease or acquisition, along with 991 net mineral acres, all within the Delaware Basin. The company was formerly known as Centennial Resource Development, Inc., officially changing its name to Permian Resources Corporation in September 2022. Incorporated in 2015, its corporate headquarters are located in Midland, Texas.
CEO: William Hickey. Company website
Permian Resources Corporation (PR) trades at $22.76, down 1.90% on the day, as of Sep 20, 2026 14:56 UTC.
Permian Resources Corporation has a market capitalisation of $19.06B, calculated from the live PR share price and shares outstanding.
PR trades at a trailing P/E of 15.07, from earnings per share of $1.51 over the last twelve months.
Permian Resources Corporation generated revenue of $5.74B over the trailing twelve months, which puts the stock at 3.32 times sales.
PR has traded between $11.92 and $24.65 over the past 52 weeks, and the last price is 7.7% below that high.
Yes. Permian Resources Corporation keeps 21.52% of revenue as net income over the trailing twelve months.
Wall Street analysts rate PR Buy, with an average price target of $26.40, 16.0% above the current price.
Permian Resources Corporation is classified under the Energy sector and the Oil & Gas Exploration & Production industry, and is domiciled in US.
William Hickey is the chief executive of Permian Resources Corporation, which employs 515 people.
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