Permian Resources Corporation (PR) stock has had a rough ride over the past year, falling 32% from its earlier highs. That slump compares with a 37% slide for Ovintiv Inc. (OVV) and a 10% drop for Range Resources (RRC) , both of which are similarly exposed to the volatile energy space. PR recently touched a new 52-week low of $10.01, hurt by macro headwinds like recession worries, global trade tensions and falling oil prices. Yet, for investors looking beyond the headlines, the company’s core fundamentals r ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Permian Resources (PR) , which belongs to the Zacks Oil and Gas - Exploration and Production - United States industry, could be a great candidate to consider.When looking at the last two reports, this company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 7.63%, on average, in the last two quarters.Fo ...

Core Insights - Albert Anthony is a Croatian-American media personality who has gained over 1,000 followers on investor platforms since 2023, focusing on markets and stocks [1] - He is set to launch a new book titled "Financial Markets: Growing A Dividend Income Portfolio" in 2025, coinciding with an ongoing series of articles on the same topic [1] - Albert Anthony has a background in management and information systems, having worked in the IT department of a top-10 financial firm [1] Company Overview - Albert Anthony & Co. is a sole proprietorship registered in Austin, Texas, and is wholly owned by Albert Anthony [1] - The company does not provide personalized financial advisory services but offers general market commentary based on publicly available data [1] - The Future Investor Fund, launched by Albert Anthony, focuses on building a dividend portfolio [1] Educational Background - Albert Anthony has completed degrees and certificates from several institutions, including Drew University, Corporate Finance Institute, UVA Darden School of Business, CompTIA, and Microsoft [1] - He has attended various business and innovation conferences in Southeast Europe and has spoken at startup and digital nomad events in Croatia and Austin [1]

Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, with Permian Resources identified as a strong candidate due to its favorable growth metrics and Zacks Rank [1][2]. Group 1: Earnings Growth - Permian Resources has a historical EPS growth rate of 49.8%, with projected EPS growth of 15.8% for the current year, significantly outperforming the industry average of 8.5% [4]. Group 2: Cash Flow Growth - The company exhibits a year-over-year cash flow growth of 69.9%, which is substantially higher than the industry average of -3.5% [5]. - Over the past 3-5 years, Permian Resources has maintained an annualized cash flow growth rate of 43.1%, compared to the industry average of 10.8% [6]. Group 3: Earnings Estimate Revisions - There has been a positive trend in earnings estimate revisions for Permian Resources, with the Zacks Consensus Estimate for the current year increasing by 4% over the past month [7]. Group 4: Overall Assessment - Permian Resources has achieved a Growth Score of B and holds a Zacks Rank 2, indicating its potential as a solid choice for growth investors [8].

The price trend for Permian Resources (PR) has been bearish lately and the stock has lost 11.3% over the past week. However, the formation of a hammer chart pattern in its last trading session indicates that the stock could witness a trend reversal soon, as bulls might have gained significant control over the price to help it find support.While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism among Wall Street anal ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use tried-and-true metrics an ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a growth stock that can live up to its true potential can be a tough task.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the task of finding cutting-edge growth stocks is mad ...

Sales Agreements and Volume Commitments - The company has long-term firm sales agreements with total NGL volume commitments of 10,674,000 Bbls through 2031, with daily commitments of 9,000 Bbls from 2025 to 2028[69] - Natural gas volume commitments total 98,540,000 Mcf, with daily commitments of 80,000 Mcf in 2025 and 2026, decreasing to 5,000 Mcf in 2029 and thereafter[69] - The company expects future production to meet all minimum volume commitments under its sales agreements, mitigating financial penalties for under-delivery[69] - The company has a firm crude oil sales agreement for 29,000 Bbls/d based on market prices, which ends on May 31, 2025, subject to financial penalties for non-compliance[69] Customer Concentration and Revenue Dependence - Major customers include Shell Trading (US) Company (31% of net revenues in 2024), Enterprise Crude Oil, LLC (19% in 2024), and BP America (11% in 2024), indicating a reliance on a small number of purchasers[72] - The company relies on a small number of significant purchasers for the majority of its oil, natural gas, and NGL production, with major purchasers accounting for over 10% of revenues in recent years[166] Regulatory Compliance and Environmental Impact - Regulatory compliance is crucial, with potential penalties for non-compliance that could affect profitability; the company believes it is in substantial compliance with current regulations[76][77] - The regulatory environment is subject to change, particularly regarding climate-related policies, which may impact production costs and demand for oil and natural gas[78] - The company is required to comply with anti-market manipulation laws enforced by FERC and CFTC, with significant penalties for violations[88] - The company is subject to stringent federal, state, and local laws regarding environmental and occupational safety, which may impose significant compliance costs[92] - The Resource Conservation and Recovery Act (RCRA) regulates hazardous waste management, and future reclassification of certain wastes could increase operational costs[95] - The Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) imposes joint liability for hazardous substance releases, which could lead to substantial cleanup costs[96] - The Clean Water Act (CWA) requires permits for pollutant discharges, and noncompliance can result in significant penalties[98] - The Oil Pollution Act of 1990 imposes strict liabilities on responsible parties for oil spills, which could adversely affect the company's operations[100] - Underground Injection Control (UIC) regulations govern the disposal of produced water, and changes in these regulations could increase operational costs[101] - The Clean Air Act (CAA) imposes restrictions on air emissions, and new regulations could raise compliance costs for the company[103] - The EPA finalized updates to NSPS regulations requiring the phase-out of routine flaring of natural gas from new oil wells and routine leak monitoring, with compliance deadlines for existing sources set for December 6, 2022[104] - The final rule establishes a "Super Emitter Response Program" for emissions events exceeding 200 pounds per hour, with states given two years to develop plans for reducing methane emissions from existing sources[104] - The EPA lowered the primary annual NAAQS for particulate matter 2.5 from 12.0 μg/m³ to 9.0 μg/m³, which could lead to increased regulatory burdens if areas are redesignated as nonattainment[105] - Compliance with air pollution control requirements may delay the development of natural gas, oil, and NGL projects, significantly increasing development and production costs[106] - The IRA imposed a federal fee on GHG emissions via a methane emissions charge, with regulations finalized by the EPA, but implementation remains uncertain due to ongoing litigation[108] - New Mexico's legislature is considering a bill to codify a 98% methane capture rule, requiring oil and gas operators to capture 98% of produced natural gas by December 31, 2026[111] - The BLM finalized a rule in April 2024 to limit venting and flaring from well sites on federal lands, requiring operators to submit a methane waste minimization plan[114] - Operations on federal lands are subject to NEPA evaluations, which may delay or increase costs for natural gas, oil, and NGL projects due to potential environmental assessments[115] - The identification of new endangered species could lead to increased costs and limitations on exploration and production activities, adversely impacting the ability to develop reserves[119] - Seasonal and permanent restrictions on drilling activities to protect wildlife may increase operational costs and limit production capabilities[209] - Increased scrutiny on environmental, social, and governance (ESG) matters could lead to higher compliance costs and reduced demand for the company's products[210] - Changes in federal leasing and permitting processes for oil and gas development could adversely impact operations, particularly with new regulations increasing fees and royalties[216] - The company is subject to ongoing litigation risks related to federal oil and gas leasing, which may affect operational results[218] - Environmental regulations may impose significant liabilities and operational restrictions, impacting growth and revenue[207] - The company may face significant environmental liabilities due to strict laws requiring remediation of contaminated sites, which could lead to material losses[208] Financial Performance and Risks - The company faces risks related to commodity price volatility, which can significantly impact revenue, cash flows, and overall financial condition[133] - The company may need to reduce capital spending or borrow funds if there is a sustained decline in commodity prices, affecting its ability to develop future reserves[135] - The company's cash flow from operations and access to capital are influenced by oil, natural gas, and NGL prices, which can limit its ability to sustain operations[149] - The company may face higher costs during periods of rising commodity prices, which could negatively impact profitability and cash flow[165] - The company is exposed to risks associated with the transportation of its production, as it relies on third-party facilities that it does not control[161] - The company is exposed to volatility in operating results due to multi-well pad drilling, which delays production commencement and can cause interruptions[168] - The company may incur financial losses from derivative transactions, which could reduce earnings and expose it to counterparty risks[177] - The company’s cash flow is heavily dependent on the ability of its operating subsidiaries to generate revenue and make distributions, which may fluctuate based on market conditions[221] - The company faces risks related to maintaining effective internal controls, which are essential for reliable financial reporting and preventing fraud[225] - The company's ability to service its debt obligations may be impacted by insufficient cash flows, potentially leading to asset sales or restructuring[184] - Restrictions in the company's debt agreements may limit its growth and ability to engage in certain business activities[186] - Liquidity concerns could lead to a downgrade in debt ratings, affecting access to financing and increasing borrowing costs[193] - Increases in interest rates may adversely affect operational costs and limit acquisition opportunities, impacting overall business performance[194] - Proposed changes to tax laws could significantly impact the company's financial condition and cash flow, including potential elimination of key deductions[219] Workforce and Talent Management - As of December 31, 2024, the company had 482 total employees, with a focus on attracting and retaining top-tier talent in the oil and gas sector[123] - The company conducts an equitable pay analysis annually to ensure fair compensation for all employees based on experience and performance[125] - The company is committed to a diverse workforce, recognizing the importance of different skill sets and experiences in driving superior results[126] - The loss of senior management or technical personnel could adversely affect the company's operations and financial condition[176] Capital Expenditures and Reserves - Capital expenditures for development and acquisition projects are substantial, and the company relies on cash flows, borrowings, and divestitures to fund these expenditures[148] - The estimated proved reserves as of December 31, 2024, were calculated using a twelve-month trailing average benchmark price of $71.96 per barrel of oil and $2.13 per MMBtu for natural gas[140] - 27% of the company's total estimated proved reserves were classified as proved undeveloped (PUD) as of December 31, 2024, which may require higher capital expenditures and longer development times than anticipated[143] - The company has a total estimated proved reserves concentrated in the Permian Basin, making it vulnerable to regional supply and demand fluctuations[160] - As of December 31, 2024, the company's aggregate long-term contractual obligation under multi-year agreements was $396.1 million, which includes minimum volume commitments[162] Internal Controls and Financial Reporting - The company maintained effective internal control over financial reporting as of December 31, 2024, according to the audit opinion[369] - The consolidated financial statements present fairly the financial position of the company as of December 31, 2024, in conformity with U.S. generally accepted accounting principles[357] - The company’s internal reserve engineers' estimates of proved reserves are compared to publicly available benchmark pricing data[365] - The company’s historical production forecasts are assessed against actual production volumes to evaluate forecasting accuracy[365] - The company’s internal controls related to estimating depletion expense were evaluated for design and operating effectiveness[365] - The company’s audit included procedures to assess risks of material misstatement in the consolidated financial statements[360] - The company’s internal control over financial reporting is designed to provide reasonable assurance regarding the reliability of financial reporting[373] Strategic Initiatives and Future Outlook - The company intends to pursue a strategy focused on reinvestment and future acquisitions to complement or expand its current business[169] - In 2024, the board of directors authorized a new stock repurchase program of $1 billion, replacing the previous $500 million program[227] - The company has historically used commodity derivative instruments to mitigate price risk associated with anticipated production[344] - The company’s Credit Agreement limits the ability to enter into commodity hedges covering greater than 85% of reasonably anticipated projected production from proved properties[344] - The company’s natural gas swaps for January 2025 - March 2025 have a weighted average gas price of $3.44 per MMBtu, with a total volume of 11,070,000 MMBtu[348] - The company’s crude oil swaps for January 2025 - March 2025 have a weighted average crude price of $75.21 per Bbl, with a total volume of 4,050,000 Bbls[346]

Permian Resources Corporation (NYSE:PR) Q4 2024 Earnings Conference Call February 26, 2024 10:00 AM ET Company Participants Hays Mabry - VP, IR Will Hickey - Co-CEO James Walter - Co-CEO Guy Oliphint - CFO Conference Call Participants Scott Hanold - RBC Capital Markets Neal Dingmann - Truist Securities Gabe Daoud - TD Cowen Zach Parham - JPMorgan Kevin MacCurdy - Pickering Energy Partners Derrick Whitfield - Texas Capital Neil Mehta - Goldman Sachs Oliver Huang - TPH Josh Silverstein - UBS John Abbott - Wol ...

Investors might want to bet on Permian Resources (PR) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors ...