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Permian Resources (PR) Stock Fundamentals, Analysis & Risk Signals

Health score, competitive moat, risk signals, and key metrics at a glance.

NYSE•Energy•Oil & Gas E&P
B
GoodMetricSide Score: 65/100
ProfitabilityProfit20/30
GrowthGrowth6/25
Balance SheetBalance21/25
Cash QualityCash18/20
Price & Volume
Market Cap $14.78B

Permian Resources Corporation, an independent oil and natural gas company, focuses on the development of crude oil and associated liquids-rich natural gas reserves in the United States. The company's assets primarily focus on the Delaware Basin, a sub-basin of the Permian Basin. Its properties consist of acreage blocks in Reeves County in West Texas and Lea County in New Mexico. The company was formerly known as Centennial Resource Development, Inc. and changed its name to Permian Resources Corporation in September 2022. The company was incorporated in 2015 and is headquartered in Midland, Texas.

Moat Signals

Competitive analysis based on 39 quarters of fundamental data

Pricing Power

Moderate Moat

Operating margins are positive at ~31.2% on average, but show some variability — pricing power may be sensitive to market conditions.

Competitive Advantage

Moderate Moat

ROE is positive at ~9.7% on average, adequate but below the threshold typically associated with wide moats.

Cash Generation

Moderate Moat

8 of the last 8 quarters generated positive FCF. The company generally funds itself but has occasional cash consumption quarters.

Demand Durability

Moderate Moat

Revenue shows resilience with 5 of 7 quarters posting growth — demand is generally stable but has seen some soft patches.

Risk Signals

Data-driven red flags and warnings across 39 quarters

Some Concerns

Margin Pressure

Watch

Operating margins declined 19.7% — watch for continued compression, which may signal competitive or cost pressure.

Earnings Quality

Healthy

FCF covers net income by 2.8x on average — earnings are well-supported by cash generation.

Leverage Risk

Healthy

D/E ratio is 0.3 — conservative capital structure with low financial risk.

Revenue Decline

Healthy

Revenue is stable or growing over recent quarters — demand appears durable.

Cash Burn

Healthy

Free cash flow is consistently positive — the business self-funds without external capital reliance.

Share Dilution

Red Flag

Shares outstanding increased 32.7% — significant dilution, likely from stock compensation or capital raises.

Metrics at a Glance

as of March 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue
$5.08B
1.1%
Q. Revenue
$1.39B
TTM EBITDA
$1.43B
19.9%
TTM Op. Income
$1.43B
19.9%
Q. Op. Income
$467.25M
TTM Net Income
$649.50M
44.4%
Q. Net Income
$43.62M
EPS
$0.05
Shares Out.
$812.21M
15.4%
$5.08B in TTM revenue declined 1.1% YoY, reaching $1.39B last quarter. TTM EBITDA of $1.43B and TTM operating income of $1.43B shows growth is flowing through. Net income of $649.50M TTM confirms the company is converting revenue into profit. Revenue is contracting — assess whether this is cyclical or structural.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin
33.7%
Op. Margin
33.7%
8.2%
Net Margin
3.1%
86.9%
Op. margin of 33.7% is down 3.0% YoY — costs are rising relative to revenue. Net margin at 3.1%.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio
22.8x
P/S Ratio
2.9x
P/B Ratio
1.3x
At 22.8x P/E, the stock trades in line with market averages — fairly valued. P/S of 2.9x and P/B of 1.3x provide additional context. Assess whether the current multiple is justified by the company's growth and profitability trajectory.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets
$17.99B
Cash
$170.78M
Long-Term Debt
$3.55B
Book Value
$11.33B
D/E Ratio
0.3
Debt/EBITDA
7.6
With $17.99B in assets and $3.55B in long-term debt, the D/E of 0.3and book value of $11.33B — shows a conservative capital structure — the company has a strong financial cushion to weather downturns.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow
$815.08M
Free Cash Flow
$348.85M
12.2%
FCF Margin
6.9%
FCF / Net Income
8.0
FCF of $348.85M on $815.08M in operating cash flow. The FCF / Net Income ratio of 0.5x indicates partial cash conversion — earnings quality needs attention.

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