Permian Resources Corporation Class A (PR)

Over the past six months, Permian Resources' stock has experienced several notable events. The company announced strong third-quarter 2025 results, exceeding EPS expectations and raising full-year production guidance for 2026. A secondary public offering led to a stock price dip. The company reported record execution in well drilling and completion speed in the second quarter of 2025 and closed an acquisition of core Delaware Basin assets. Quarterly cash dividends of $0.15 per share were declared. Several brokerages maintained or initiated coverage with positive ratings, with an average 12-month target price of $18.80. As of November 24, 2025, the stock price was $13.98, having risen by 13.16% over the last six months.

Permian Resources' products are subject to demand seasonality influenced by global energy consumption patterns. Natural gas demand typically increases during colder months for heating and hotter months for electricity generation. Crude oil demand can see seasonal fluctuations related to travel and industrial activity. However, the provided search results do not contain specific details about the demand seasonality for Permian Resources' products and services.

Permian Resources Corporation is an independent oil and natural gas company founded in 2014 and headquartered in Midland, Texas. The company focuses on oil and gas exploration and production, specializing in the acquisition, optimization, and development of high-return oil and natural gas properties. Its core business activities include exploration and production, asset management, and environmental and sustainability services, producing crude oil, natural gas, and natural gas liquids.

Permian Resources' operations are concentrated in the Permian Basin, with assets primarily focused in the core of the Delaware Basin. The company holds approximately 475,000 net leasehold acres across the Permian Basin, making it the second-largest pure-play E&P in the region. The majority of its assets are located in Eddy and Lea Counties, New Mexico, and Reeves and Ward Counties, Texas.

Permian Resources has demonstrated strong operational performance and a commitment to sustainability, receiving its first investment-grade credit rating from Fitch, and Moody's upgraded its outlook to positive. The company emphasizes environmental and sustainability services, including water recycling and methane emission reduction programs. Consistent operational execution, including achieving its highest quarterly free cash flow per share, enhances its reputation.

Permian Resources is primarily owned by institutional shareholders, who hold 86.22% of the company's stock. Insiders own 81.19%, and retail investors hold 0.00%. Approximately 91.84% of Permian Resources' stock is owned by institutional investors and hedge funds. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and Price T Rowe Associates Inc. Riverstone Management Group LLC is the largest individual shareholder, owning 21.10% of the company.