Permian Resources Corporation (PR) Stock Analysis
Breakout setup
Energy · Oil & Gas E&P
Sell if holding. At $21.75, A.R:R 0.3:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: Permian Basin; Concentration risk — Customer: small number of significant purchasers.
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.... Read more
Sell if holding. At $21.75, A.R:R 0.3:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: Permian Basin; Concentration risk — Customer: small number of significant purchasers. Chart setup: Golden cross, above all MAs, RSI 61, MACD bullish. Score 5.5/10, moderate confidence.
Passes 5/7 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 6d<=7d. Suitability: moderate.
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHGeographicPermian Basin10-K Item 1A: 'Our producing properties are concentrated in the Permian Basin, making us vulnerable to risks associated with operating in a single geographic area.'
- HIGHCustomersmall number of significant purchasers10-K Item 1A: 'We depend on a small number of significant purchasers for the sale of most of our oil, natural gas and NGL production.'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer
Rating Breakdown
1 floor-breaker
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. At $21.75, A.R:R 0.3:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: Permian Basin; Concentration risk — Customer: small number of significant purchasers. Chart setup: Golden cross, above all MAs, RSI 61, MACD bullish. Prior stop was $20.57. Score 5.5/10, moderate confidence.
Take-profit target: $22.68 (+4.3% upside). Prior stop was $20.57. Stop-loss: $20.57.
Concentration risk — Geographic: Permian Basin; Concentration risk — Customer: small number of significant purchasers; Thin upside margin: 4.3%.
Permian Resources Corporation trades at a P/E of 16.9 (forward 10.6). TrendMatrix value score: 7.1/10. Verdict: Sell.
33 analysts cover PR with a consensus score of 4.2/5. Average price target: $25.
What does Permian Resources Corporation do?Permian Resources Corporation, an independent oil and natural gas company, focuses on the development of crude oil and...
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.