After Hours
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. Earlier, Yahoo Finance discussed this stock as it revealed Permian Resources Announces Full Redemption of 6.875% Senior Notes Due 2027.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Stocks Info
The company is listed on the NYSE and operates within the Oil & Gas E&P industry segment. The current market capitalization of Permian Resources Corp is $8.91B. A total of 17.84 million shares were traded on the day, compared to an average of 10.10M shares.
In the most recent transaction, EnCap Partners GP, LLC sold 9,000,000 shares of PR for 15.71 per share on Mar 06 ’24. After the transaction, the 10% Owner now owns 25,477,527 company shares. In a previous transaction on Mar 06 ’24, Hickey William M III sold 4,000,000 shares at 15.71 per share. PR shares that Co-Chief Executive Officer owns now total 0.
Among the insiders who sold shares, Walter James H disposed of 4,000,000 shares on Mar 06 ’24 at a per-share price of $15.71. This resulted in the Co-Chief Executive Officer holding 0 shares of PR after the transaction. In another insider transaction, Anderson Robert John sold 1,000,000 shares at $15.71 per share on Mar 06 ’24. Company shares held by the Director now total 476,306.
Dividend
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Permian Resources Corp pays an annual dividend of $0.20, resulting in a dividend yield of 1.21%, and it has a price to earnings (P/E) ratio of 14.23.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, PR has a high of $16.50 and a low of $8.80.
As of this writing, PR has an earnings estimate of $0.36 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $0.5 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 equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on 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 may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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.
