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 position consists of approximately 450,000 net leasehold acres and over 88,000 net royalty acres across the Permian Basin. The majority of its assets are concentrated within the Delaware Basin in Eddy and Lea Counties, New Mexico and Reeves and Ward Counties, Texas.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 134.64% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 91.19.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 47.93%.
Undervalued
The company’s latest PB is 0.98, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 717.60M shares, decreasing 2.20% quarter-over-quarter.
Held by The Vanguard
Star Investor The Vanguard holds 64.56M shares of this stock.