PR Permian Resources Corporation
Trend channel, buy level and 3-month target. Information only, not financial advice.
At the channel ceiling ยท 12-month channel rising
Price is at the upper line, where it has stalled before.
- 12-month channel
- US$22.18 โ US$25.29 ยท rising, +89% a year
- Price in channel
- 124% (0% = floor, 100% = ceiling)
- Ceiling overhead
- none โ above both ceilings
- Turns bearish below
- US$22.14
- Published levels
- Buy and target are not from this channel โ see below.
Price history, with the path projected 3 months forward
Updated 1:30 AM ET (58 h ago)
- Daily close
- Upper trend line (12 months)
- Lower trend line (12 months)
- The same lines over the last 12 months
- Dashed after today: projected 3 months
- Our buy
- Our target
Suggested path
Buy at or below
US$22.77
level as at 23 Nov 2026
Our target
US$26.06
by 28 Jan 2027
Projected move
14.4%
gross, before costs
Price is between our buy and target.
Target: PR's usual move size (14.4%), the best return per day on this path.
This move size: reached in 80% of 10 past stretches, typically in 90 days. (0.16% per day)
- Upper line touches
- 4
- Lower line touches
- 3
- Fit confidence
- 70%
- Fitted
- 1 Nov 2026
Company information
About Permian Resources Corporation
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.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- CEO
- William Hickey
- Employees
- 515
- Country
- US
Scorecard
Our own scores from the fundamentals below (not Morningstar ratings).
- Valuation
- โ
- Profitability
- โ
- Financial health
- โ
- Cash generation
- โ
Key statistics
- Market cap
- US$18.36B
- Enterprise value
- โ
- Beta
- 0.48
- Avg volume
- 9.98M
- Revenue per share
- โ
- Dividend yield
- โ
- 52-week range
- 11.92-24.65
- Exchange
- NYSE
Key ratios
- P/E (TTM)
- โ
- PEG
- โ
- Price / sales
- โ
- Price / book
- โ
- EV / EBITDA
- โ
- Gross margin
- โ
- Operating margin
- โ
- Net margin
- โ
- Current ratio
- โ
- Quick ratio
- โ
- Debt / equity
- โ
- Interest cover
- โ
Income statement
Balance sheet
Cash flow
Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.