Core Insights - The First Trust Energy AlphaDEX ETF (FXN) is a smart beta ETF that provides broad exposure to the Energy sector, having debuted on May 8, 2007 [1] - The ETF industry has been traditionally dominated by market capitalization weighted indexes, but smart beta strategies aim to outperform through stock selection based on fundamental characteristics [2][3] - FXN is sponsored by First Trust Advisors and has assets totaling approximately $278.76 million, positioning it as an average-sized ETF in the Energy category [5] Fund Structure and Strategy - FXN seeks to match the performance of the StrataQuant Energy Index, which is a modified equal-dollar weighted index designed to identify stocks from the Russell 1000 Index that may generate positive alpha [6] - The fund has an annual operating expense ratio of 0.61% and a 12-month trailing dividend yield of 2.92%, which is competitive within its peer group [7] Sector Exposure and Holdings - The fund has a significant allocation to the Energy sector, representing 93.5% of its portfolio [8] - First Solar, Inc. (FSLR) is the largest holding at approximately 5.8%, with the top 10 holdings accounting for about 41.17% of total assets [9] Performance Metrics - Year-to-date, FXN has experienced a loss of approximately -3.71%, and over the last 12 months, it is down about -14.12% as of July 18, 2025 [11] - The fund has a beta of 0.90 and a standard deviation of 28.29% over the trailing three-year period, indicating a higher risk profile compared to peers [11] Alternatives in the Market - For investors seeking to outperform the Energy ETFs segment, alternatives such as the Vanguard Energy ETF (VDE) and the Energy Select Sector SPDR ETF (XLE) are available, with VDE having $7.15 billion in assets and XLE at $27.57 billion [13] - VDE and XLE have lower expense ratios of 0.09% and 0.08% respectively, making them more attractive options for cost-conscious investors [13]

Group 1 - Permian Resources is highlighted as a leading example of efficiency, disciplined growth, and financial robustness in the North American shale industry in 2025 [1] - The company possesses high-quality assets located in the Delaware Basin, which contribute to its exceptional profit margins [1]

Core Insights - The report focuses on Permian Resources Corporation (NYSE: PR) as a valuable investment option during periods of high market volatility [1] Company Analysis - The company is characterized by sustained free cash flows, low leverage, and sustainable debt levels, indicating financial stability [1] - Permian Resources is positioned in the oil and gas sector, which is often overlooked by the market, presenting potential value opportunities [1] - The company operates in emerging markets, showcasing high margins and promising medium to long-term investment prospects [1] Investment Strategy - The analysis emphasizes a preference for companies with a strong pro-shareholder attitude, including consistent buyback programs and dividend distributions [1] - The focus is on identifying companies that are currently in distress but possess high recovery potential, making them attractive for value investors [1]

Group 1 - Permian Resources announced another acquisition during the first quarter earnings press release, indicating ongoing growth and expansion strategies [2] - The revised guidance provided by Permian Resources did not account for the latest acquisition, suggesting potential for further adjustments in future forecasts [2] - The oil and gas industry is characterized as a boom-bust, cyclical sector, requiring patience and experience for successful investment [2] Group 2 - The analysis of oil and gas companies focuses on identifying undervalued names within the sector, examining balance sheets, competitive positions, and development prospects [1] - Members of the Oil & Gas Value Research service receive early access to analyses and insights that are not available on the free site [1]

Core Insights - Permian Resources is establishing itself as a significant player in the oil industry, particularly in the West Texas region, following a merger in 2022 that has led to substantial growth [1] Group 1: Company Overview - The company is focused on building a robust oil business that can thrive in a volatile market environment [1] - The merger in 2022 has been a pivotal moment for the company, allowing it to expand its operations and market presence [1] Group 2: Investment Potential - The company is characterized by strong growth in revenue, earnings, and free cash flow, making it an attractive option for investors [1] - Permian Resources is noted for its excellent growth prospects, which could lead to favorable valuations in the future [1]

Group 1 - Permian Resources (NYSE: PR) reported strong quarterly results, outperforming other mid-cap U.S. energy companies [1] - Production levels are increasing, and synergies from acquisitions are yielding faster-than-expected results [1] - Free cash flow reached a record high, indicating robust financial health [1] Group 2 - The company's acquisition strategy is proving effective, with improvements in efficiency metrics [1] - The focus on equity markets, particularly growth and small-cap stocks, is emphasized as part of the investment approach [1]

Core Viewpoint - Permian Resources has experienced a slight increase in share price of approximately 0.8% over the past month, underperforming the S&P 500, raising questions about the sustainability of this trend leading up to the next earnings report [1] Group 1: Earnings Estimates - Estimates for Permian Resources have trended downward over the past month, with the consensus estimate shifting down by 17.82% [2] - The overall outlook indicates a downward shift in estimates, with Permian Resources holding a Zacks Rank of 3 (Hold), suggesting an expectation of in-line returns in the coming months [4] Group 2: VGM Scores - Permian Resources has a Growth Score of B, but is lagging in Momentum Score with an F, while also receiving a B grade on the value side, placing it in the second quintile for this investment strategy [3] - The aggregate VGM Score for Permian Resources stands at B, which is relevant for investors not focused on a single strategy [3] Group 3: Industry Performance - Permian Resources is part of the Zacks Oil and Gas - Exploration and Production - United States industry, where Comstock Resources has shown a gain of 7.4% over the past month [5] - Comstock reported revenues of $512.85 million for the last quarter, reflecting a year-over-year increase of 52.7%, with an EPS of $0.18 compared to -$0.03 a year ago [6] - Comstock is projected to post earnings of $0.16 per share for the current quarter, indicating a year-over-year change of 180%, with the Zacks Consensus Estimate remaining unchanged over the last 30 days [6]

Group 1 - Permian Resources Corporation (NYSE: PR) has recovered much of its early April losses, indicating a positive trend for the stock [1] - The stock is viewed as a solid buy, with technical indicators suggesting a net bullish outlook [1] Group 2 - The analysis emphasizes the importance of technical analysis in evaluating stock performance [1] - The author expresses a commitment to high-quality, in-depth analysis for the investment community [1]

We are currently offering a free two-week trial to Distressed Value Investing . Join our community to receive exclusive research about various companies and other opportunities, along with full access to my portfolio of historic research that now includes over 1,000 reports on over 100 companies.Permian Resources Corporation (NYSE: PR ) made a $608 million acquisition that should boost its production by several percent going forward. At $70 WTI oil and $2.00 Waha natural gas, I believe that Permian can now ...

Core Viewpoint - Permian Resources Corporation (PR) reported a first-quarter 2025 adjusted net income per share of 42 cents, missing the Zacks Consensus Estimate of 44 cents, primarily due to increased operating expenses and lower oil prices, although the figure was consistent with the previous year [1] Financial Performance - Oil and gas sales reached $1.4 billion, reflecting a 10.7% increase year-over-year but falling short of the Zacks Consensus Estimate by 1.2% [1] - Adjusted cash flow from operations increased by 13.9% to $960.5 million, with capital expenditures totaling $501 million, resulting in adjusted free cash flow of $460 million [6] - Total operating expenses rose to $872 million from $774.1 million in the prior year, driven by a 6.5% increase in lease operating costs and a 15.6% rise in depreciation, depletion, and amortization [5] Production and Pricing - Average daily production increased by 16.8% year-over-year to 373,209 barrels of oil equivalent (Boe), surpassing the Zacks Consensus Estimate of 368,855 Boe [3] - Oil volume for the quarter was 174,967 barrels per day, up 15.3% year-over-year, exceeding the consensus mark of 171,776 Bbls/d [3] - The average sales price for oil was $70.48 per barrel, down 7.4% from the previous year, and slightly below the consensus estimate [4] Dividend and Shareholder Returns - The board declared a quarterly cash dividend of 15 cents per share, equivalent to 60 cents annually, to be paid on June 30, 2025 [2] Strategic Moves - The company completed the sale of its non-core Barilla Draw gathering systems for $180 million during the quarter [2] - A strategic acquisition was announced, expected to contribute approximately 12,000 Boe/d in the second half of the year, although this is not included in the revised standalone guidance [10] Guidance and Outlook - Updated full-year 2025 guidance anticipates average daily production between 360,000-380,000 Boe/d, with oil production ranging from 170,000 Bbls/d to 175,000 Bbls/d [7] - Controllable cash expenses are projected to be between $7.25 and $8.25 per Boe, with lease operating expenses estimated at approximately $5.55 per Boe [8] - The capital expenditure budget has been slightly reduced to a range of $1.9-$2 billion [9]