PR or RRC: Which Is the Better Value Stock Right Now?

Core Viewpoint - Investors in the Oil and Gas - Exploration and Production sector should consider Permian Resources (PR) and Range Resources (RRC) for potential value investment opportunities [1] Valuation Metrics - Permian Resources has a forward P/E ratio of 8.04, while Range Resources has a forward P/E of 12.14 [5] - The PEG ratio for PR is 3.62, compared to RRC's PEG ratio of 4.67, indicating PR may have better growth prospects relative to its valuation [5] - PR's P/B ratio is 1.04, significantly lower than RRC's P/B of 2.39, suggesting PR is more undervalued based on book value [6] Earnings Outlook - Permian Resources is currently experiencing an improving earnings outlook, which enhances its attractiveness in the Zacks Rank model [7] - The Zacks Rank for PR is 2 (Buy), while RRC holds a Zacks Rank of 3 (Hold), indicating a stronger positive earnings estimate revision trend for PR [3]