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NYSE: PR
Permian Resources Corp Stock Forecast, Predictions & Price Target

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Analyst price target for PR

Based on 7 analysts offering 12 month price targets for Permian Resources Corp.
Min Forecast
$8.00+25.79%
Avg Forecast
$10.74+68.92%
Max Forecast
$13.00+104.4%

Should I buy or sell PR stock?

Based on 9 analysts offering ratings for Permian Resources Corp.
Buy
Strong Buy
5 analysts 55.56%
Buy
1 analysts 11.11%
Hold
2 analysts 22.22%
Sell
0 analysts 0%
Strong Sell
1 analysts 11.11%

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PR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
JP Morgan
Top 13%
88
Strong BuyUpgrades$12.00+88.68%2022-09-15
Truist Securities
Top 2%
99
Strong BuyUpgradesN/AN/A2022-08-24Find out why
MKM Partners
Top 1%
100
Strong BuyAssumes$10.00+57.23%2022-07-20
Wells Fargo
Top 9%
92
Strong SellDowngrades$11.00+72.96%2022-07-11
RBC Capital
Top 4%
97
BuyUpgradesN/AN/A2022-07-06
BMO Capital
Top 14%
87
HoldMaintains$8.00+25.79%2022-05-20
Anonymous
KeyBanc
Strong BuyMaintains$11.00+72.96%2022-04-08
Piper Sandler
Top 11%
90
Strong BuyUpgrades$13.00+104.40%2022-04-07
Stifel Nicolaus
Top 38%
63
Strong BuyUpgrades$11.20+76.10%2022-04-01
JP Morgan
Top 30%
71
HoldMaintains$10.00+57.23%2022-03-02

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Forecast return on equity

Is PR forecast to generate an efficient return?
Company
21.5%
Industry
302.12%
Market
108.79%
PR's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is PR forecast to generate an efficient return on assets?
Company
15.12%
Industry
37.24%
PR is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

PR earnings per share forecast

What is PR's earnings per share in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$2.06+44.06%
Avg 2 year Forecast
$2.33+62.94%
Avg 3 year Forecast
$2.24+56.64%
PR's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

PR revenue forecast

What is PR's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$2.1B+47.83%
Avg 2 year Forecast
$3.3B+128.33%
Avg 3 year Forecast
$3.1B+117.29%
PR's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

PR earnings growth forecast

How is PR forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
24.58%
Industry
11.54%
Market
18.27%
PR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
PR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
PR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

PR revenue growth forecast

How is PR forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
51.1%
Industry
4.54%
Market
8.22%
PR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
PR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

PR vs Oil and Gas Stocks

TickerPricePrice TargetUp/downsideConsensus
PR$6.36$10.74+68.92%Buy
STR$21.82$24.80+13.66%Buy
GPOR$83.78$135.00+61.14%Buy
NOG$25.77$42.33+64.27%Strong Buy
CPE$33.18$68.83+107.45%Hold

Permian Resources Stock Forecast FAQ

Is Permian Resources Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 9 Wall Street analysts covering (NYSE: PR) stock is to Buy PR stock.

Out of 9 analysts, 5 (55.56%) are recommending PR as a Strong Buy, 1 (11.11%) are recommending PR as a Buy, 2 (22.22%) are recommending PR as a Hold, 0 (0%) are recommending PR as a Sell, and 1 (11.11%) are recommending PR as a Strong Sell.

If you're new to stock investing, here's how to buy Permian Resources stock.

What is PR's earnings growth forecast for 2022-2024?

(NYSE: PR) Permian Resources's forecast annual earnings growth rate of 24.58% is forecast to beat the US Oil & Gas E&P industry's average forecast earnings growth rate of 11.54%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 18.27%.

Permian Resources's earnings in 2022 is $405,503,000.On average, 3 Wall Street analysts forecast PR's earnings for 2022 to be $587,222,065, with the lowest PR earnings forecast at $490,301,919, and the highest PR earnings forecast at $678,441,027. On average, 3 Wall Street analysts forecast PR's earnings for 2023 to be $664,188,064, with the lowest PR earnings forecast at $504,554,881, and the highest PR earnings forecast at $815,269,469.

In 2024, PR is forecast to generate $638,532,731 in earnings, with the lowest earnings forecast at $461,795,993 and the highest earnings forecast at $815,269,469.

What is PR's revenue growth forecast for 2022-2024?

(NYSE: PR) Permian Resources's forecast annual revenue growth rate of 51.1% is forecast to beat the US Oil & Gas E&P industry's average forecast revenue growth rate of 4.54%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 8.22%.

Permian Resources's revenue in 2022 is $1,424,855,000.On average, 3 Wall Street analysts forecast PR's revenue for 2022 to be $600,457,366,510, with the lowest PR revenue forecast at $585,796,769,025, and the highest PR revenue forecast at $618,863,642,605. On average, 3 Wall Street analysts forecast PR's revenue for 2023 to be $927,391,826,069, with the lowest PR revenue forecast at $877,127,327,635, and the highest PR revenue forecast at $989,440,674,105.

In 2024, PR is forecast to generate $882,543,453,480 in revenue, with the lowest revenue forecast at $882,543,453,480 and the highest revenue forecast at $882,543,453,480.

What is PR's forecast return on assets (ROA) for 2022-2024?

(NYSE: PR) forecast ROA is 15.12%, which is lower than the forecast US Oil & Gas E&P industry average of 37.24%.

What is PR's Price Target?

According to 7 Wall Street analysts that have issued a 1 year PR price target, the average PR price target is $10.74, with the highest PR stock price forecast at $13.00 and the lowest PR stock price forecast at $8.00.

On average, Wall Street analysts predict that Permian Resources's share price could reach $10.74 by Sep 15, 2023. The average Permian Resources stock price prediction forecasts a potential upside of 68.92% from the current PR share price of $6.36.

What is PR's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: PR) Permian Resources's current Earnings Per Share (EPS) is $1.43. On average, analysts forecast that PR's EPS will be $2.06 for 2022, with the lowest EPS forecast at $1.72, and the highest EPS forecast at $2.38. On average, analysts forecast that PR's EPS will be $2.33 for 2023, with the lowest EPS forecast at $1.77, and the highest EPS forecast at $2.86. In 2024, PR's EPS is forecast to hit $2.24 (min: $1.62, max: $2.86).

What is PR's forecast return on equity (ROE) for 2022-2024?

(NYSE: PR) forecast ROE is 21.5%, which is considered strong.
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