After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Earlier, Yahoo Finance discussed this stock as it revealed Permian Resources Corporation Announces Pricing of Secondary Public Offering of Class A Common Stock.
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Stocks Info
PR belongs to the Energy sector of the NYSE while operating in the Oil & Gas E&P industry. The current market capitalization of Permian Resources Corp is $7.93B. A total of 13.77 million shares were traded on the day, compared to an average of 9.82M shares.
Insider Activity
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, PR has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 15 BUYs and 23 SELLs from insiders. Insiders purchased 43,816,625 shares during that period but sold 113,362,344.
In the most recent transaction, Jensen Brent P sold 50,000 shares of PR for 15.18 per share on Feb 26. After the transaction, the SVP, Chief Accounting Officer now owns 882,325 company shares. In a previous transaction on Feb 22, Jensen Brent P sold 84,554 shares at 14.96 per share. PR shares that SVP, Chief Accounting Officer owns now total 932,325.
Among the insiders who sold shares, Jensen Brent P disposed of 30,731 shares on Feb 21 at a per-share price of $14.77. This resulted in the SVP, Chief Accounting Officer holding 1,016,879 shares of PR after the transaction. In another insider transaction, Jensen Brent P sold 1,853 shares at $14.64 per share on Feb 20. Company shares held by the SVP, Chief Accounting Officer now total 1,047,610.
Dividend
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Permian Resources Corp pays an annual dividend of $0.20, resulting in a dividend yield of 1.28%, and it has a price to earnings (P/E) ratio of 13.44.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, PR has a high of $16.31 and a low of $8.86.
As of this writing, PR has an earnings estimate of $0.35 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $0.57 per share and a lower estimate of $0.2. The company reported an EPS of $0.13 in the last quarter, which was -65.80% lower than expectations of $0.38.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. 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 $11.72, while its Total Shareholder’s Equity was $2.75B.
Analysts Opinion
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. 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 4.56.
