Why Permian Resources Corp (NYSE: PR) Is Worth Including On Your Watchlist

Permian Resources Corp (NYSE:PR)’s traded shares stood at 7.27 million during the last session, with the company’s beta value hitting 4.31. At the close of trading, the stock’s price was $17.18, to imply a decrease of -2.05% or -$0.36 in intraday trading. The PR share’s 52-week high remains $18.28, putting it -6.4% down since that peak but still an impressive 48.78% since price per share fell to its 52-week low of $8.80. The company has a valuation of $9.29B, with an average of 9.95 million shares over the past 3 months.

Permian Resources Corp (NYSE:PR) trade information

After registering a -2.05% downside in the last session, Permian Resources Corp (PR) has traded red over the past five days. The stock hit a weekly high of 18.28, dropping -2.05% in its intraday price action. The 5-day price performance for the stock is -3.54%, and 2.32% over 30 days. With these gigs, the year-to-date price performance is 27.12%.

Permian Resources Corp (PR) estimates and forecasts

Looking at statistics comparing Permian Resources Corp share performance against respective industry, we note that the company has underperformed competitors. Permian Resources Corp (PR) shares are 14.66% up over the last 6 months, with its year-to-date growth rate lower than industry average at -10.00% against -1.70%.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 10.57% for the past 5-year period. While 2024 is set for a 35.37% return in earnings, projections for the next 5 years are at 12.00% annually.

PR Dividends

Permian Resources Corp has its next earnings report out between May 06 and May 10. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Permian Resources Corp has a forward dividend ratio of 0.20, with the share yield ticking at 1.16% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.