Permian Resources Corporation

Equities

PR

US71424F1057

Oil & Gas Exploration and Production

Market Closed - Nyse Other stock markets 21:00:08 17/05/2024 BST			5-day change	1st Jan Change
16.39 ^USD	+0.68%		-1.09%	+20.51%

05-15	RBC Raises Price Target on Permian Resources to $20 From $17, Keeps Outperform Rating As Strategic Expansion Meets Streamlined Execution	MT
05-15	RBC Raises Price Target on Permian Resources to $20 From $17, Keeps Outperform Rating	MT

Permian Resources Corporation Revises Production Guidance for the Year 2024

May 07, 2024 at 09:05 pm

Permian Resources Corporation revised production guidance for the year 2024. For the year, the company increased its standalone oil and total production targets by approximately 2% to 148 MBbls/d to 152 MBbls/d and 310 MBoe/d to 330 MBoe/d, respectively, based on the mid-point of guidance. There are no other changes to the Company?s standalone guidance ranges.

Latest news about Permian Resources Corporation

RBC Raises Price Target on Permian Resources to $20 From $17, Keeps Outperform Rating As Strategic Expansion Meets Streamlined Execution	05-15	MT
RBC Raises Price Target on Permian Resources to $20 From $17, Keeps Outperform Rating	05-15	MT
Mizuho Adjusts Price Target on Permian Resources to $22 From $21, Keeps Buy Rating	05-13	MT
Permian Resources Prices Secondary Offering	05-13	MT
Permian Resources Shareholders Launch Public Offering of 51.8 Million Class A Shares	05-13	MT
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Monday Ahead of Key Inflation Reports	05-13	MT
Truist Securities Raises Price Target on Permian Resources to $24 From $23, Keeps Buy Rating	05-09	MT
Mizuho Adjusts Permian Resources' Price Target to $21 From $20, Keeps Buy Rating	05-08	MT
Transcript : Permian Resources Corporation, Q1 2024 Earnings Call, May 08, 2024	05-08
Permian Resources Q1 Adjusted Net Income, Revenue Rise; Quarterly Base Cash Dividend Boosted	05-07	MT
Centennial Resource Development Inc. Reports Production Results for the First Quarter Ended March 31, 2024	05-07	CI
Permian Resources Corporation Revises Production Guidance for the Year 2024	05-07	CI
Permian Resources Declares Quarterly Cash Dividend, Payable on May 29, 2024	05-07	CI
Wall St Week Ahead-US small caps struggle as elevated interest rates take a toll	05-05	RE
Wall St Week Ahead-US small caps struggle as elevated interest rates take a toll	05-03	RE
Susquehanna Adjusts Price Target on Permian Resources to $18 From $16, Maintains Neutral Rating	04-22	MT
Truist Securities Raises Permian Resources' Price Target to $23 From $22, Buy Rating Kept	04-19	MT
Certain Common Stock of Permian Resources Corporation are subject to a Lock-Up Agreement Ending on 19-APR-2024.	04-18	CI
Wells Fargo Adjusts Price Target on Permian Resources to $21 From $18, Keeps Overweight Rating	04-17	MT
Mizuho Adjusts Price Target on Permian Resources to $20 From $18, Maintains Buy Rating	04-15	MT
JPMorgan Adjusts Price Target on Permian Resources to $20 From $18, Keeps Overweight Rating	04-12	MT
UBS Raises Permian Resources Price Target to $19 From $15, Maintains Neutral Rating	04-11	MT
Stifel Raises Price Target on Permian Resources to $20 From $18, Maintains Buy Rating	03-22	MT
Piper Sandler Adjusts Price Target on Permian Resources to $22 From $17, Maintains Overweight Rating	03-07	MT
Mizuho Raises Price Target on Permian Resources to $18 From $16, Maintains Buy Rating	03-07	MT

Chart Permian Resources Corporation

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Company Profile

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 Companyâs assets and operations are concentrated in the core of the Delaware Basin. Its operations are concentrated in the core of the Delaware Basin and include over 407,000 net leasehold acres across the Permian Basin, including Eddy and Lea Counties, New Mexico and Reeves and Ward Counties, Texas. The Company holds an 83% average working interest in 2,577 gross (2,143 net) operated productive wells and an approximate 11% average working interest in 1,094 gross (120 net) non-operated productive wells. Its wells are primarily oil wells (3,150 gross) that produce associated liquids-rich natural gas.

Sector

Oil & Gas Exploration and Production

Calendar

22/05/2024 - Annual General Meeting

Related indices

Russell 2000

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Ratings for Permian Resources Corporation

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

16.39 USD

Average target price

20.61 USD

Spread / Average Target

+25.75%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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