Permian Resources (US:PR) Yahoo Finance·2025-11-14 10:10Core Insights - Permian Resources Corporation (NYSE:PR) is recognized as one of the 13 most undervalued stocks under $20, with Roth Capital raising its price target from $15 to $16 while maintaining a Buy rating [1][2] Operational Performance - The company reported its highest-ever quarterly free cash flow per share during Q3 of fiscal 2025, with oil production reaching 187,000 barrels per day, exceeding expectations and showing a 6% sequential increase [2][4] - CEO William Hickey highlighted operational efficiencies due to strong execution in Texas and a 6% reduction in controllable cash costs compared to the previous year, driven by lower lease operating expenses and drilling and completion costs [3][4] Financial Metrics - Adjusted operating cash flow was reported at $949 million, while adjusted free cash flow was $469 million [4] - The company has raised its full-year oil production guidance to 181.5 million barrels per day and its oil equivalent production target to 394.0 million barrels of oil equivalent per day [4] Future Projections - Roth Capital has increased its forecasts for the company's cash flow per share by 3% for 2025 and by 8% for 2026, reflecting anticipated production increases [5]