PR Should I Buy
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$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
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Permian Resources Corp (PR) is not a strong buy at the moment for a beginner investor with a long-term strategy. While the technical indicators show some bullish signals, the company's financial performance is weak, with significant declines in net income and EPS. Additionally, the macro environment for oil is pressured, and insider selling is notably high. The lack of recent positive news and absence of strong trading signals further supports a hold recommendation.
The technical indicators show mixed signals. The MACD is positive but contracting, RSI is neutral at 61.937, and moving averages are bullish (SMA_5 > SMA_20 > SMA_200). Key support is at 15.68, and resistance is at 17.162. The pre-market price is slightly down (-0.30%) at $16.81.
Hedge funds are significantly increasing their buying activity (+21460.51% over the last quarter). Analysts maintain some positive ratings, with price targets ranging from $16 to $21, and there is a long-term bullish outlook for natural gas demand.
Insiders are selling heavily (+22323.77% over the last month). The oil market remains oversupplied, with soft global demand and downward pressure on prices. Financial performance in Q3 2025 showed an 84.67% drop in net income and an 84.91% drop in EPS. No recent news or congressional trading data is available.
In Q3 2025, revenue increased by 8.74% YoY to $1.32 billion. However, net income dropped significantly by 84.67% YoY to $59.23 million, and EPS fell by 84.91% YoY to $0.08. Gross margin also declined to 33.9%, down 7.81% YoY.
Analysts have mixed views. Recent price target changes include Wells Fargo raising the target to $17, Susquehanna lowering it to $18, and BofA downgrading the stock to Neutral with a $16 target. The overall sentiment reflects cautious optimism for long-term demand but concerns about near-term oversupply and price pressure in the oil market.
