After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. The stock was recently discussed on Yahoo Finance as it revealed that Permian Resources Corporation Announces Pricing of Secondary Public Offering of Class A Common Stock.
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Stocks Info
This NYSE-listed company operates within the Oil & Gas E&P industry segment, falling under the Energy sector. At the end of the last regular session, the stock closed at $13.26 and fluctuated between $13.37 as its day high and $13.09 as its day low. The current market capitalization of Permian Resources Corp is $6.75B. A total of 6.41 million shares were traded on the day, compared to an average of 9.07M shares.
Insider Activity
Insider trades can also provide insight into a stock’s future direction. During the recent three months, PR has seen 1 BUY and 1 SELL insider trades, representing the acquisition of 9,471 and the disposition of 626,290 shares. Over the last 12 months, there were 16 BUYs and 26 SELLs from insiders. Insiders purchased 43,820,714 shares during that period but sold 113,411,258.
In the most recent transaction, Oliphint Guy M sold 8,975 shares of PR for 13.68 per share on Jan 03. After the transaction, the EVP, Chief Financial Officer now owns 92,638 company shares. In a previous transaction on Dec 21, NGP XI US Holdings, L.P. sold 26,276,276 shares at 12.93 per share. PR shares that 10% Owner owns now total 0.
Among the insiders who sold shares, EnCap Partners GP, LLC disposed of 7,507,508 shares on Dec 21 at a per-share price of $12.93. This resulted in the 10% Owner holding 29,027,950 shares of PR after the transaction. In another insider transaction, Silver Run Sponsor, LLC sold 5,630,631 shares at $12.93 per share on Dec 21. Company shares held by the 10% Owner now total 52,596,969.
Dividend
The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Permian Resources Corp pays an annual dividend of $0.34, resulting in a dividend yield of 2.54%, and it has a price to earnings (P/E) ratio of 14.72.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, PR has a high of $15.41 and a low of $8.86.
As of this writing, PR has an earnings estimate of $Procter & Gamble Company (The) per share for the current quarter. EPS was calculated based on a consensus of Medical Properties Trust, Inc. estimates, with a high estimate of $ProShares Ultra Bloomberg Natur per share and a lower estimate of $ProShares UltraPro QQQ.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. PR’s latest balance sheet shows that the firm has $9.38M in Cash & Short Term Investments as of fiscal 2021. There were $842.98M in debt and $167.90M in liabilities at the time. Its Book Value Per Share was $10.42, while its Total Shareholder’s Equity was $2.75B.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PR is Buy with a score of 4.53.
