Permian Resources Corporation
PR
Rank in Stocks
#1127
Permian Resources Corporation operates as an independent producer in the oil... Permian Resources Corporation operates as an independent producer in the oil and natural gas sector, primarily concentrating its efforts on the extraction of crude oil and associated liquids-rich natural gas reserves within the United States. Its core operational footprint is situated within the Delaware Basin, which is a major sub-basin of the broader Permian Basin. The company's landholdings are predominantly located across Reeves County in West Texas and Lea County, New Mexico. As of December 31, 2021, Permian Resources reported approximately 73,675 net acres under lease or acquisition, along with 991 net mineral acres, all within the Delaware Basin. The company was formerly known as Centennial Resource Development, Inc., officially changing its name to Permian Resources Corporation in September 2022. Incorporated in 2015, its corporate headquarters are located in Midland, Texas.
Share Price
$24.58
Last synced: 2026-10-16
Market Cap
$20.58B
Change (1 day)
4.37%
Change (1 year)
99.96%
Country
US
Trade Permian Resources Corporation (PR)
Category
Energy
P/E ratio for Permian Resources Corporation (PR)
P/E ratio as of October 2026 TTM: 15.55
According to Permian Resources Corporation latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.55. At the end of 2023 the company had a P/E ratio of 9.97.
P/E ratio history for Permian Resources Corporation from 2012 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 15.55 | 66.17% |
| 2024 | 9.36 | -6.17% |
| 2023 | 9.97 | 90.92% |
| 2022 | 5.22 | -57.21% |
| 2021 | 12.20 | -2,101.33% |
| 2020 | -0.61 | -100.79% |
| 2019 | 77.00 | 431.03% |
| 2018 | 14.50 | -76.73% |
| 2017 | 62.31 | -456.40% |
| 2016 | -17.48 | 417.95% |
| 2015 | -3.38 | -120.69% |
| 2014 | 16.31 | -79.66% |
| 2013 | 80.22 | 792.26% |
| 2012 | 8.99 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 18.83 | 21.05% |
US
|
|
| 7.14 | -54.10% |
HK
|
|
| - | - |
CA
|
|
| - | - |
US
|
|
| 11.93 | -23.27% |
US
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.