Why Permian Resources (PR) is a Top Momentum Stock for the Long-Term
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Permian Resources raises its 2026 oil target as higher working interest and spending put capital efficiency and execution in focus.
PR's Q2 earnings beat estimates as stronger oil and NGL price realizations boost sales and earnings, while 2026 oil guidance rises.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Permian Resources (PR) continues its rollup strategy by acquiring small bolt-on assets at significant discounts. PR's disciplined approach has resulted in average acquisition costs of $13K per acre, compared to competitors paying up to $65K. PR has executed nearly 200 small transactions. As a result, PR has built significant contiguous blocks that are more valuable.
Permian Resources NYSE: PR reported record second-quarter free cash flow of $751 million, or $0.88 per share, as higher oil production, increased working interests in completed wells and a rapid response to commodity-price movements supported results.
Permian Resources demonstrates premium operator quality with strong Q2 free cash flow, oil production growth, and disciplined bolt-on acquisitions. Q2 adjusted free cash flow surged to $751 million, with oil production up 3% sequentially, while management actively managed Waha gas price risk. PR's balance sheet strengthened, reducing debt by 35% in 2024 and achieving 0.5x leverage, enhancing flexibility for dividends, further deleveraging, or acquisitions.
Permian Resources Corporation (PR) Q2 2026 Earnings Call Transcript
Amundi purchased a new position in Permian Resources Corporation (NYSE: PR) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 280,405 shares of the company's stock, valued at approximately $5,978,000. Several other hedge funds and other institutional investors have also recently
Permian Resources (PR) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.27 per share a year ago.
The headline numbers for Permian Resources (PR) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
On August 05, 2026, Permian Resources Corp (PR) shares fell 3.5% to $19.79, continuing a downward trend seen over the past week, where the stock has decreased b
MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced its second quarter 2026 financial and operational results and revised 2026 guidance. Recent Financial and Operational Highlights Reported total average production of 376.4 MBoe/d, including 198.1 MBbls/d of oil, 86.2 MBbls/d of NGLs and 552.9 MMcf/d of natural gas Announced cash capital expenditures of $521 million, cash provided by operating activities of $1,506 mill.
MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced that its Board of Directors declared a quarterly base cash dividend of $0.16 per share of Class A common stock, or $0.64 per share on an annualized basis. The base dividend is payable on September 30, 2026 to shareholders of record as of September 16, 2026. About Permian Resources Headquartered in Midland, Texas, Permian Resources is an independent oil and natural gas.
West Pharmaceuticals stock moved higher following another quarter of broad-based growth, driven by continued demand for high-value biologics packaging and proprietary delivery components. Tyler Technologies underperformed during the quarter despite delivering solid financial results that met management's guidance. We were attracted to Knowles' accelerating organic growth, expanding margins, and exposure to several attractive long-term secular trends.
On July 29, 2026, Permian Resources Corp (PR) shares rose by 5.2% to a current price of $20.75. The stock has seen a 52-week range from $11.92 to $22.68, demons
Permian Resources (PR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Permian Resources (PR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Shares of Genpact fell as investors questioned the pace at which the company can translate its investments in AI into meaningful revenue acceleration. Permian Resources detracted from performance as energy stocks weakened following a decline in crude oil prices. Ralliant rallied following a strong earnings report in which organic revenue grew nearly 9%, well above expectations, driven by strength across both the Sensors & Safety Systems and Test & Measurement segments.
California Public Employees Retirement System lifted its position in shares of Permian Resources Corporation (NYSE: PR) by 24.1% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,605,782 shares of the company's stock after buying an additional 311,763 shares during the quarter.