Permian Resources: Now Projected To Generate Over $1.5 Billion In 2024 FCF [Seeking Alpha]
Permian Resources Corporation (PR)
Company Research
Source: Seeking Alpha
It is benefiting from strong oil prices and its ability to rapidly realize savings and efficiencies related to its Earthstone acquisition. Permian has also been reducing its interest costs by redeeming near-term debt maturities. I now estimate its value at $17 per share, a $1.50 per share increase from when I last looked at Permian. Permian Resources ( NYSE: PR ) is now expected to generate over $1.5 billion in free cash flow in 2024 at current strip prices, helped by the 2024 oil strip reaching the low-$80s. It is using some of this free cash flow to Recommended For You Recommended For You About PR Stock More on PR Related Stocks Trending Analysis Trending News
Show less
Read more
Impact Snapshot
Event Time:
PR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PR alerts
High impacting Permian Resources Corporation news events
Weekly update
A roundup of the hottest topics
PR
News
- Permian Resources (PR) Earnings Expected to Grow: Should You Buy? [Yahoo! Finance]Yahoo! Finance
- Permian Resources Co. (NASDAQ: PR) had its "buy" rating re-affirmed by analysts at Benchmark Co.. They now have a $17.00 price target on the stock.MarketBeat
- Permian Resources Co. (NASDAQ: PR) had its price target raised by analysts at Truist Financial Co. from $22.00 to $23.00. They now have a "buy" rating on the stock.MarketBeat
- Permian Resources Co. (NASDAQ: PR) had its price target raised by analysts at Susquehanna from $16.00 to $18.00. They now have a "neutral" rating on the stock.MarketBeat
- Permian Resources Co. (NASDAQ: PR) had its price target raised by analysts at Piper Sandler from $22.00 to $23.00. They now have an "overweight" rating on the stock.MarketBeat
PR
Earnings
- 2/27/24 - Beat
PR
Sec Filings
- 5/1/24 - Form 8-K
- 4/9/24 - Form ARS
- 4/9/24 - Form DEFA14A
- PR's page on the SEC website