Permian Resources (PR) is a Top-Ranked Momentum Stock: Should You Buy?
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.
PR - Permian Resources Corporation
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 has fundamentally improved, with stronger production growth, cost control, and capital discipline supporting a continued Buy rating. PR's operational execution excels, with unit costs dropping from $725 to $685 per lateral foot, enhancing margins alongside production growth. Leverage declined to 0.8x and liquidity improved, while bolt-on acquisitions and disciplined balance sheet management strengthened PR's strategic positioning.
Does Permian Resources (PR) have what it takes to be a top stock pick for momentum investors? Let's find out.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Permian Resources NYSE: PR reported what executives described as a record quarter for free cash flow and operational efficiency, while emphasizing that the company is preserving flexibility amid volatile commodity markets.
PR expects 2026 net oil production of 190,000-195,000 Bbls/d and total net production of 400,000-430,000 Boe/d.
Permian Resources Corporation (PR) Q1 2026 Earnings Call Transcript
While the top- and bottom-line numbers for Permian Resources (PR) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Permian Resources (PR) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.42 per share a year ago.
MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced its first quarter 2026 financial and operational results and revised 2026 guidance. Recent Financial and Operational Highlights Reported total average production of 412.9 MBoe/d, including 192.3 MBbls/d of oil, 103.3 MBbls/d of NGLs and 703.0 MMcf/d of natural gas Announced cash capital expenditures of $466 million, cash provided by operating activities of $815 millio.
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 June 30, 2026 to shareholders of record as of June 16, 2026. About Permian Resources Headquartered in Midland, Texas, Permian Resources is an independent oil and natural gas company f.
Parr Pacific, Permian Resources and TotalEnergies represent three of the most compelling names in the energy space as shares push record highs and analysts upgrade outlooks.
PR heads into Q1 earnings with rising output and stronger realizations, but macro volatility and cost pressures may temper results.
Permian Resources (PR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
W&T (WTI) 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) 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.
The Iran conflict has certainly changed short term oil prices, amongst a whole lot of other things, in the past two months. Before that, however, oil prices did not send a particularly strong signal heading into 2026.
Diamondback Energy's scale and cash flow shine, but Permian Resources' lower valuation and disciplined growth strategy may give it the edge in the Permian race.
Goldman Sachs is the acknowledged leader in the investment landscape on Wall Street and worldwide.