Permian Resources Corp Hits 20-Day High
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 03 Dec 25
Source: Yahoo Finance
Permian Resources Corp saw a price increase of 3.67% as it reached a 20-day high.
This movement comes amid a mixed market, with the Nasdaq-100 down slightly while the S&P 500 shows modest gains.
Investors are optimistic about the company's future prospects, reflecting broader market trends.
Analyst Views on PR
Wall Street analysts forecast PR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PR is 18.33 USD with a low forecast of 14.00 USD and a high forecast of 21.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
17 Analyst Rating
17 Buy
0 Hold
0 Sell
Strong Buy
Current: 15.540
Low
14.00
Averages
18.33
High
21.00
Current: 15.540
Low
14.00
Averages
18.33
High
21.00
About PR
Permian Resources Holdings Inc, formerly Permian Resources Corporation, is an independent oil and natural gas company. The Company is focused on the acquisition, optimization and development of oil and natural gas properties. The Company's assets and operations are concentrated in the core of the Delaware Basin. Its position consists of approximately 475,000 net acres in West Texas and Southeast New Mexico. The majority of its assets are concentrated within the Delaware Basin in Eddy and Lea Counties, New Mexico and Reeves and Ward Counties, Texas.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
