Financials Permian Resources Corporation

Equities

PR

US71424F1057

Oil & Gas Exploration and Production

Market Closed - Nyse 04:00:02 2024-07-12 pm EDT 5-day change 1st Jan Change
16.32 USD -1.51% Intraday chart for Permian Resources Corporation +1.68% +20.00%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,273 417.5 1,699 2,712 7,295 10,254 - -
Enterprise Value (EV) 1 2,320 1,480 2,515 4,793 11,071 13,632 13,036 12,252
P/E ratio 77 x -0.61 x 13 x 5.84 x 11 x 10.2 x 8.46 x 8.01 x
Yield - - - - 1.47% 3.25% 3.74% 3.02%
Capitalization / Revenue 1.35 x 0.72 x 1.65 x 1.27 x 2.34 x 1.99 x 1.88 x 1.79 x
EV / Revenue 2.46 x 2.55 x 2.44 x 2.25 x 3.55 x 2.65 x 2.39 x 2.14 x
EV / EBITDA 3.84 x 5.52 x 4.3 x 3.16 x 4.55 x 3.61 x 3.26 x 2.9 x
EV / FCF -5.75 x -9.45 x 12.7 x 8.16 x 5.52 x 10.2 x 8.4 x 8.04 x
FCF Yield -17.4% -10.6% 7.9% 12.3% 18.1% 9.85% 11.9% 12.4%
Price to Book 0.39 x 0.16 x 0.64 x 0.92 x 0.64 x 1.21 x 1.16 x 1.19 x
Nbr of stocks (in thousands) 275,601 278,341 284,092 288,501 536,407 618,800 - -
Reference price 2 4.620 1.500 5.980 9.400 13.60 16.32 16.32 16.32
Announcement Date 2/24/20 2/23/21 2/23/22 2/22/23 2/27/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 944.3 580.5 1,030 2,131 3,121 5,141 5,461 5,728
EBITDA 1 604.2 268 584.6 1,516 2,433 3,773 3,995 4,226
EBIT 1 80.29 -88.53 363 1,090 1,229 2,047 2,304 2,401
Operating Margin 8.5% -15.25% 35.24% 51.15% 39.37% 39.82% 42.18% 41.91%
Earnings before Tax (EBT) 1 22.21 -770.3 138.7 870.1 1,036 1,671 2,028 2,203
Net income 1 15.8 -682.8 138.2 515 476.3 1,098 1,315 1,346
Net margin 1.67% -117.64% 13.42% 24.17% 15.26% 21.35% 24.08% 23.5%
EPS 2 0.0600 -2.460 0.4600 1.610 1.240 1.607 1.928 2.038
Free Cash Flow 1 -403.5 -156.6 198.6 587.7 2,004 1,342 1,551 1,524
FCF margin -42.73% -26.98% 19.28% 27.57% 64.23% 26.1% 28.41% 26.61%
FCF Conversion (EBITDA) - - 33.97% 38.76% 82.39% 35.57% 38.83% 36.07%
FCF Conversion (Net income) - - 143.71% 114.1% 420.82% 122.28% 117.98% 113.26%
Dividend per Share 2 - - - - 0.2000 0.5311 0.6108 0.4922
Announcement Date 2/24/20 2/23/21 2/23/22 2/22/23 2/27/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 316.4 347.3 472.7 549.8 761.6 616.3 623.4 758.5 1,123 1,243 1,266 1,311 1,327 1,371 1,356
EBITDA 1 187.1 217.1 297.3 380.5 621.4 498.8 491.6 584.3 858.1 921.4 920.9 960.4 976.8 1,009 1,009
EBIT 1 145.2 167.8 289.3 281.8 351.4 234.9 214.7 317.3 465.5 615 501.3 543.5 557.2 587 566.8
Operating Margin 45.9% 48.33% 61.2% 51.26% 46.14% 38.12% 34.44% 41.83% 41.46% 49.48% 39.58% 41.45% 41.99% 42.82% 41.8%
Earnings before Tax (EBT) 1 161.3 22.58 233.3 374.7 239.6 254.1 175.5 114.6 491.5 278.6 442.4 478.5 482.8 520.2 497.5
Net income 1 160.8 15.8 191.8 224.4 83.05 102.1 73.4 45.43 255.4 146.6 286.2 311.7 319.8 342.1 334
Net margin 50.8% 4.55% 40.58% 40.81% 10.91% 16.57% 11.77% 5.99% 22.74% 11.79% 22.6% 23.78% 24.1% 24.96% 24.64%
EPS 2 0.5100 0.0500 0.6000 0.7000 0.2600 0.3100 0.2100 0.1300 0.5100 0.2500 0.4159 0.4538 0.4610 0.5009 0.4720
Dividend per Share 2 - - - - - 0.0500 0.0500 0.0500 0.0500 0.1500 0.0550 0.0550 0.0550 0.0550 0.0550
Announcement Date 2/23/22 5/4/22 8/3/22 11/8/22 2/22/23 5/8/23 8/2/23 11/7/23 2/27/24 5/7/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,047 1,063 816 2,081 3,775 3,378 2,783 1,998
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.733 x 3.966 x 1.396 x 1.373 x 1.552 x 0.8953 x 0.6966 x 0.4728 x
Free Cash Flow 1 -404 -157 199 588 2,004 1,342 1,551 1,524
ROE (net income / shareholders' equity) 1.65% -23.3% 5.16% 18.1% 10.3% 13.9% 12.4% 12.5%
ROA (Net income/ Total Assets) 1.17% -2.67% 3.62% 8.38% 4.06% 8.51% 8.71% 7.97%
Assets 1 1,347 25,575 3,816 6,149 11,729 12,892 15,103 16,884
Book Value Per Share 2 11.80 9.280 9.350 10.20 21.20 13.50 14.00 13.70
Cash Flow per Share 2 1.960 0.6700 1.760 4.180 5.690 4.330 4.460 4.410
Capex 1 968 328 327 784 1,794 2,042 2,041 2,112
Capex / Sales 102.48% 56.51% 31.76% 36.79% 57.47% 39.73% 37.38% 36.88%
Announcement Date 2/24/20 2/23/21 2/23/22 2/22/23 2/27/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
18
Last Close Price
16.57 USD
Average target price
20.72 USD
Spread / Average Target
+25.06%
Consensus
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