PR

Permian ResourcesC

NYSE / Energy

At close

2026-06-02

Current thesis

Q1 execution was strong across the key operating levers: production exceeded expectations, adjusted free cash flow topped $500M, D&C costs fell, oil guidance moved up, and the balance sheet strengthened to investment grade across all three major agencies. That combination supports a durable cash-generation story.

Posture

Mixed

Lead driver

Value

What changed

3 setup hits (3d) with net bullish as of 2026-06-02.

What can break

Oil, NGL and natural gas price volatility, especially negative Waha pricing, can pressure realizations.

Momentum

Value

Sentiment

Setup hits (3d)

3 · Net Bullish

AI TargetsBase $20.00 · Bull $24.00 · Bear $16.00

Data freshness

Prices

As of 2026-06-02

Fundamentals

As of 2026-06-01 • Vendor: Data Vendor v1

Scores

As of 2026-06-02 • Model: HYBRID_IC_RP

AI Memo

As of 2026-05-29 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-06-02

Supporting evidence

What

Grade C · Mixed

Confidence Medium · Net Bullish

Target $19.70

Why

Momentum39 · Δ7d -10.4

Value67 · Δ7d +0.2

Sentiment57 · Δ7d +5.6

So what

Balanced signals (Net Bullish). Wait for confirmation before sizing up.

Lead driver: Value · See fundamentals

Momentum

34% active weight

Current posture

7d trendSoftening

Δ7d

-10.4

Δ21d

-11.6

Value

32% active weight

Current posture

7d trendFlat

Δ7d

+0.2

Δ21d

+0.0

Sentiment

33% active weight

Current posture

7d trendImproving

Δ7d

+5.6

Δ21d

+12.4

Why this grade

Composite grade C. Momentum 38.9 / Value 66.6 / Sentiment 56.6

Fundamentals (TTM)

As of 2026-06-01

Market Cap

$16.47B

Beta

0.75

Shares Out

829.3M

P/E (TTM)

12.6

P/S (TTM)

2.21

P/FCF (TTM)

10.07

Rev YoY

+8.7%

EPS YoY

-84.5%

Gross Margin

+74.0%

Op Margin

+26.0%

Net Debt

$3.72B

Current Ratio

0.67

As of 2026-06-02 • Updated nightlySource: Internal modelMethodology