Loading…
Pure-play Permian Basin (Delaware sub-basin) oil and gas producer formed via shale company mergers.
Pure-play Permian Basin (Delaware sub-basin) oil and gas producer formed via shale company mergers.
Sells oil, gas and natural-gas liquids at market prices to refiners and gas marketers, so revenue follows the oil price and its own production. It was formed in 2022 by merging Centennial Resource Development with Colgate Energy, bought Earthstone Energy in 2023, and grows by adding neighbouring acreage.
Moat: narrow (cost advantage, scale). Contiguous, low-cost Delaware Basin acreage supports capital-efficient drilling versus smaller peers.
Headquarters: Midland, Texas, US · Founded: 2022 · Employees: 515
Size Permian Resources (PR) is a United States Energy company (Integrated Oil) with a market value of $18.2B, the 525th largest of 3,117 United States companies the cockpit tracks. Shares closed at $21.75 on 6 Nov 2026.
Performance Over six months the shares gained 10.3%, against -0.3% for the median peer and -1.1% for the United States market (cap-weighted) — 4th highest of 21 in its peer set.
Growth Revenue grew 12.8% over the last twelve months (peer median +16.1%); the operating margin is 36.0% (peer median 26.4%).
Valuation It trades at 8.1× forward earnings against a peer median of 7.4× (7th most expensive of 21).
Price implies For today's price to make sense, revenue must grow about -2% a year for seven years (Req g). Recent delivered growth is +54%, so the hurdle is -56 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 3.3 points above its cost of capital (7.5% WACC).
Short interest Short interest is 3.6% of the free float (15 Oct 2026).
Next results Next results expected around 2 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $5.74B | $5.07B | $5.00B | $3.12B | $2.13B |
| Revenue growth | — | +1% | +60% | +46% | — |
| Gross profit | $2.25B | $1.66B | $1.95B | $1.39B | $1.25B |
| EBITDA | $4.14B | $3.50B | $3.55B | $2.24B | $1.53B |
| Net income | $1.23B | $935M | $990M | $476M | $515M |
| Free cash flow | $1.07B | $539M | $291M | $420M | $588M |
| Capital expenditure | $2.91B | $3.05B | $3.12B | $1.79B | $784M |
| Total debt | $3.15B | $3.70B | $4.32B | $3.91B | $2.21B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Permian Resources PR | $18.2B | +10% | +13% | 36% | 8.1× | -2.0% |
| Diamondback Energy FANG | $50.0B | -5% | +21% | 39% | 7.9× | -5.6% |
| Devon Energy DVN | $46.4B | -7% | +18% | 24% | 7.6× | 0.9% |
| Matador Resources MTDR | $6.24B | -9% | +13% | 39% | 5.0× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | PR | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -4.8% | -6.0% | 9th highest of 21 |
| 6-month return | +10.3% | -0.3% | 4th highest of 21 |
| Distance from 52-week high | -16.6% | -19.6% | 8th highest of 21 |
| Revenue growth (TTM) | +12.8% | +16.1% | 10th lowest of 21 |
| Operating margin | 36.0% | 26.4% | 9th highest of 21 |
| Forward P/E | 8.1× | 7.4× | 7th most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | -2.0% | -11.4% | 4th most demanding of 20 |
| Growth delivered (Del g) | +54.2% | +20.3% | highest of 20 |
| Hurdle (Req g minus delivered) | -56.2 pp | -30.6 pp | least demanding of 20 |
| ROIC minus cost of capital | +3.3 pp | +6.0 pp | 8th lowest of 21 |
| EV / EBITDA | 5.1× | 4.0× | 6th most expensive of 20 |
| Net debt / EBITDA | 0.7× | 0.8× | 9th least indebted of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Permian Resources PR | United States | $18.2B | +10% | +13% | 36% | 8.1× | -2.0% | +54.2% |
| YPF SA Sponsored ADR YPF | United States | $17.8B | -9% | -14% | 22% | 4.9× | n/a | n/a |
| Expand Energy EXE | United States | $19.5B | -11% | +20% | 20% | 10.8× | -7.6% | +20.3% |
| Ovintiv OVV | United States | $16.3B | +5% | +14% | 29% | 7.1× | -10.9% | +9.4% |
| APA APA | United States | $15.6B | +26% | -12% | 41% | 7.5× | -20.0% | +15.0% |
| Aker BP AKRBP.OL | Norway | $21.6B | -8% | +4% | 70% | 7.8× | -15.4% | +32.7% |
| Indian Oil IOC.NS | India | $21.9B | 0% | +23% | 7% | 20.8× | -2.3% | +16.4% |
| Whitecap Resources WCP.TO | Canada | $14.4B | +6% | +73% | 38% | 8.8× | -7.1% | +44.8% |
| Var Energi VAR.OL | Norway | $13.3B | +7% | +48% | 55% | 6.9× | -19.6% | +26.6% |
| Inpex 1605.T | Japan | $25.9B | -16% | -8% | 49% | 7.4× | -14.4% | +21.1% |
| Oil & Natural Gas ONGC.NS | India | $30.8B | -18% | +7% | 9% | 5.6× | -12.6% | +14.9% |
| EQT EQT | United States | $30.9B | -12% | +18% | 42% | 16.0× | -1.9% | +25.7% |
| Ecopetrol SA Sponsored ADR EC | United States | $32.6B | +23% | +6% | 22% | 6.5× | -6.7% | +15.9% |
| Repsol REP.MC | Spain | $36.2B | +34% | +24% | 13% | 4.7× | -20.1% | +10.5% |
| Oil India OIL.NS | India | $7.60B | -2% | +20% | 29% | 7.7× | -1.1% | +13.7% |
| Chord Energy CHRD | United States | $7.47B | 0% | +19% | 19% | 6.3× | -13.4% | +38.6% |
| Devon Energy DVN | United States | $46.4B | -7% | +18% | 24% | 7.6× | 0.9% | +31.5% |
| SM Energy SM | United States | $7.12B | +2% | +100% | 38% | 3.5× | -13.6% | +22.9% |
| National Fuel Gas NFG | United States | $6.98B | -8% | +13% | 37% | 10.2× | -6.2% | +9.1% |
| Cenovus Energy CVE.TO | Canada | $50.2B | 0% | +12% | 21% | 6.7× | -14.4% | +29.7% |
| Guanghui Energy 600256.SS | China | $6.47B | 0% | -5% | 18% | 10.1× | -11.4% | +14.9% |