Centennial Resource Development, Inc. , an independent oil and natural gas company, focuses on the development of unconventional oil and associated liquids-rich natural gas reserves in the United States.
Permian Resources stock last closed at $21.93, up 3.84% from the previous day, and has increased 71.19% in one year. It has overperformed other stocks in the Oil & Gas E&P industry by 0.57 percentage points. Permian Resources stock is currently +83.98% from its 52-week low of $11.92, and -11.02% from its 52-week high of $24.65.
As of Oct 1, 2026, there are 837.56M PR shares outstanding. The market cap of PR is $18.37B. In the past 24 hours, 9.66M PR shares were traded.
How to Buy Permian Resources Stock
Not sure how to invest in Permian Resources stock? Here's how.
Figure out where to buy Permian Resources stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you choose where to buy Permian Resources stock.
Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
Deposit funds into your investment account: Select your method of payment and add your information.
Research Permian Resources stock: The Permian Resources ticker symbol is PR. Is Permian Resources stock a good investment? Should you buy shares of PR? How do PR's underlying business fundamentals look? Do top analysts think Permian Resources is a good buy? Why has PR's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if PR is a good stock to buy).
Make your PR trade: Decide if you will purchase PR shares at the current market price or use a limit order to buy PR stock at a given price.
Keep an eye on your PR position: Create a watchlist to keep tabs on your investment in Permian Resources shares.
Step 1: Figure out where to buy Permian Resources stock
You will need a brokerage account in order to access the NYSE market and buy PR stock.
A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.
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Step 2: Open your brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal info so you can invest in PR today.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Step 4: Research Permian Resources stock
After you have figured out the best place to buy Permian Resources stock, it's very important to evaluate their stock before you invest, so you actually wrap your head around the risk as well as the opportunity.
Permian Resources Metrics
PR Price
$21.93
1w %
0.37%
1y %
71.19%
5y %
212.39%
P/E
14.15x
P/B
1.53x
P/S
3.2x
PEG
1.26x
Revenue
$5.74B
Earnings
$1.23B
Fore. Rev. Growth
6.6%
Fore. Earn. Growth
11.25%
Market Cap
$18.37B
Next Earnings
Nov 4, 2026
Next Dividend
N/A
PR Overview
WallStreetZen was created to help part-time investors do more in-depth fundamental analysis.
You can see all of the due diligence checks on PR's stock page.
What is the fair value of PR stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge PR's intrinsic value.
Using relative valuations measures:
PR could be undervalued based on its P/E ratio of 14.15x, relative to Oil & Gas E&P industry P/E ratio of 14.29x
PR may be undervalued based on its P/B ratio of 1.53x, relative to Oil & Gas E&P industry P/B ratio of 1.71x
PR may be overvalued based on its PEG ratio of 1.26x
PR's operating cash flow of $3.99B allows it to safely service it's debt of $3.13B.
PR earnings of $1.86B is not sufficient to cover its interest payments.
Cons:
PR has a relatively high debt to equity ratio of 0.54.
PR profit margin has gone down from 22.4% to 21.5% in the past year.
There are more short-term liabilities than short-term assets on the PR balance sheet.
Total PR debt is higher than 5 years ago, relative to shareholder equity.
There are more long-term liabilities than short-term assets on the PR balance sheet.
Do Wall Street analysts think it's a good time to buy PR stock
Out of 14 sell side analysts who give ratings on PR, the consensus analyst rating on Permian Resources is a Strong Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
Most Recent PR Analyst Ratings
Gabe Daoud, a bottom 5% analyst from Truist Securities maintains PR with a strong buy rating and raises their PR price target from $22.00 to $24.00, on Aug 10, 2026.
Paul Diamond, a top 39% analyst from Citigroup maintains PR with a strong buy rating and lowers their PR price target from $26.00 to $24.00, on Jul 15, 2026.
Devin McDermott, a top 5% analyst from Morgan Stanley maintains PR with a strong buy rating and lowers their PR price target from $25.00 to $24.00, on Jun 29, 2026.
Chris Baker, a top 27% analyst from Evercore ISI Group initiates coverage on PR with a buy rating and announces their PR price target of $25.00, on Jun 23, 2026.
John Freeman, a top 2% analyst from Raymond James maintains PR with a strong buy rating and lowers their PR price target from $29.00 to $26.00, on Jun 17, 2026.
Last year, PR earnings were $1.23B. Over the last four year, PR's earnings have increased by 2.03% per year. This was slower than the Oil & Gas E&P industry average of 13.68%.
Last year, PR revenue was $5.74B. Over the past five year, PR's revenue has increased by 51.36% per year. This was faster than the Oil & Gas E&P industry average of 19.13%.
Permian Resources pays a dividend of 2.87%, compared to the Oil & Gas E&P industry's average dividend yield of 4.59%. If you owned $1,000 worth of PR stock, you would have been paid $28.73 in the past year.
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Step 5: Make your PR trade
There are two primary types of orders:
Market order: A market order is an order to buy or sell a stock at the best possible price. Market orders are usually the best for newer investors.
Limit order: A limit order enables you to buy or sell a security at a specific price (or better). If you want to ensure you're buying or selling at a particular dollar amount, use a limit order.
Press the Open Trade button and your broker will execute the order.
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How much does it cost to buy one Permian Resources share?
As of Oct 1, 2026, it costs $21.93 to buy one share of Permian Resources stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.456 shares of PR.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.