Permian Resources Corp (PR, Financial), an independent oil and natural gas company, has seen a significant surge in its stock price over the past three months. The company's stock price has risen by 26.20%, from a modestly undervalued position three months ago to a fairly valued status today, according to the GF Value. The GF Value, defined by GuruFocus.com, calculates a stock's intrinsic value using historical multiples, past performance adjustments, and future business estimates. Despite a slight dip of 5.30% over the past week, the stock's current price stands at $13.72, with a market cap of $4.8 billion.
Company Overview: Permian Resources Corp
Permian Resources Corp operates in the oil and gas industry, focusing on generating outsized returns through the responsible acquisition, optimization, and development of oil and liquids-rich natural gas assets. The company's business model and strategic operations have played a significant role in its recent stock performance and overall market valuation.
Profitability Analysis
Permian Resources Corp has demonstrated a strong level of profitability, with a Profitability Rank of 7/10. The company's operating margin stands at 42.29%, better than 85.44% of companies in the industry. Its ROE, ROA, and ROIC, standing at 15.83%, 6.20%, and 12.64% respectively, are all better than the majority of companies in the industry. Over the past 10 years, the company has had 6 profitable years, indicating a consistent performance.
Growth Potential
Permian Resources Corp also shows strong growth potential, with a Growth Rank of 7/10. The company's 3-year and 5-year revenue growth rates per share stand at 24.60% and 18.70% respectively. Its future total revenue growth rate estimate is 30.72%, indicating a promising outlook. The company's 3-year EPS without NRI growth rate is 199.40%, and its future EPS without NRI growth rate estimate is 6.00%, further highlighting its growth potential.
Top Holders of Permian Resources Corp
The top three holders of Permian Resources Corp's stock are Jim Simons (Trades, Portfolio), holding 0.83% of shares, HOTCHKIS & WILEY, holding 0.34% of shares, and First Eagle Investment (Trades, Portfolio), holding 0.13% of shares. Their investment in the company further validates its strong performance and growth potential.
Competitive Landscape
Permian Resources Corp operates in a competitive industry, with key competitors including Gulfport Energy Corp (GPOR, Financial) with a market cap of $2.3 billion, Talos Energy Inc (TALO, Financial) with a market cap of $1.96 billion, and Northern Oil & Gas Inc (NOG, Financial) with a market cap of $3.71 billion. Despite the competition, Permian Resources Corp's market cap of $4.8 billion indicates its strong position in the industry.
Conclusion
In conclusion, Permian Resources Corp's stock has seen a significant surge over the past three months, driven by its strong profitability, growth potential, and strategic operations. Despite the competitive landscape, the company's market position and future outlook indicate a promising investment value. However, as with any investment, potential investors should conduct thorough research and consider various factors before making a decision.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
