Stock Price & Analysis

Analysis and Insights

To determine whether it’s a good time to buy or sell Permian Resources (PR) stock, we need to analyze both technical and fundamental factors.

Technical Analysis:

Permian Resources' stock price has been experiencing a bearish trend recently, with significant support around the $12.13 mark. The latest candlestick chart shows a potential reversal pattern, indicating a possible short-term upside.

Fundamental Analysis:

Permian Resources currently offers a dividend yield of 5%, which is attractive for income investors. However, the predictability of dividends is a concern, as it depends on the company's profitability. The stock is undervalued compared to its peers, with a price-to-earnings ratio below industry averages.

Sentiment and Analyst Ratings:

Analyst sentiment is mixed. While some analysts remain positive about Permian Resources' ability to maintain its dividend yield, others express concerns about its ability to sustain growth. Based on recent analyst ratings, Permian Resources has a consensus buy, but it's important to consider the high-risk/reward profile.

Conclusion:

Given the high dividend yield and undervaluation, Permian Resources stock might be a good buy for income-focused investors. However, if you're risk-averse, it might be better to sell or hold off on buying due to the stock's recent volatility and mixed analyst sentiment.

Price Prediction for PR Stock in 2025

The price of PR stock is expected to reach $14.50 in the short term, driven by oversold conditions and recent bullish insider activity.

The stock may stabilize around $13.50 in the medium term, reflecting mixed analyst sentiment and insider transactions.

Long-term, PR could potentially reach $16.00 if fundamentals improve and market sentiment strengthens.

The S1 support level for PR Stock is $12.05 ,The R1 resistant level for PR Stock is $13.89.

As of the end of day on 2025-03-14, the price of PR Stock was $13.62.

The target price for PR Stock according to analyst rating is 19.38, with the highest price target at 23.00 and the lowest at 14.00. Analysts have a Strong Buy rating on PR Stock overall.

The market cap of PR is $11.0B.

Analysis and Insights

Permian Resources (PR) is currently trading at $12.35 as of 2025-03-10. Based on the analysis, here are the key points:

1. Analyst Sentiment:

   • Recent analyst ratings indicate a positive outlook, with price targets ranging from $17 to $23. The average price target is approximately $19-$20, suggesting potential upside.
   • Notable upgrades include Susquehanna raising the rating to Buy with a $20 target, while Piper Sandler maintains a Buy rating with a $20 target.

2. Valuation Metrics:

   • The stock's valuation metrics, such as P/E, EV/EBITDA, and P/B, are not explicitly provided but can be inferred from analyst targets. The current price is below the average analyst target, indicating undervaluation.

3. Insider Activity:

   • A director recently purchased 250,000 shares, signaling confidence in the company's prospects. However, an EVP sold 2,731 shares, reducing their holdings.

4. Technical Analysis:

   • The stock has faced recent selling pressure, closing at $12.33 with a 2.68% drop. This could indicate undervaluation if supported by strong fundamentals.

5. Industry Context:

   • PR operates in the energy sector, benefiting from strong LNG demand and gas sentiment. Analysts highlight its high-quality assets and efficient operations, supporting sustainable cash flow.

Conclusion

Based on the analysis, Permian Resources (PR) appears undervalued. Analyst upgrades, insider buying, and strong industry fundamentals support this assessment. While the stock price has declined, the outlook suggests it is more undervalued than overvalued.

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 operations are concentrated in the core of the Delaware Basin and include over 400,000 net leasehold acres across the Permian Basin, including Eddy and Lea Counties, New Mexico and Reeves and Ward Counties, Texas.

PR stock is predicted to reach $25 by 2030, driven by improving fundamentals and technical recovery. The stock's oversold RSI of 28.95 and rising moving averages suggest a bullish outlook. Analysts maintain a positive stance, with price targets indicating strong upside potential.

PR has a total of 461 employees.