Permian Resources Corporation with ticker code (PR) have now 14 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between 18 and 6.5 calculating the average target price we see $13.68. Now with the previous closing price of $10.07 this indicates there is a potential upside of 35.8%. The 50 day MA is $10.16 and the 200 day moving average is $9.48. The total market capitalization for the company now stands at 5.50B. The current share price for the company is: 9.83 USD
The potential market cap would be $7,476,589,549 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 5.37, revenue per share of 8.31 and a 12.94% return on assets.
Permian Resources Corporation is an independent oil and natural gas company. The Company is focused on the acquisition, optimization and development of crude oil and associated liquids-rich natural gas reserves. The Company’s operations are focused on the core of the Delaware Basin. Its assets are concentrated in Reeves and Ward Counties, Texas and Eddy and Lea Counties, New Mexico, consisting of approximately 180,000 net leasehold acres and 40,000 net royalty acres.
