Permian Resources Corporation

NYSE PR

Permian Resources Corporation Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2024: 43.04%

Permian Resources Corporation Gross Profit Margin is 43.04% for the Trailing 12 Months (TTM) ending September 30, 2024, a -23.01% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.

Permian Resources Corporation Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2023 was 55.90%, a -15.91% change year over year.
Permian Resources Corporation Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2022 was 66.48%, a 47.83% change year over year.
Permian Resources Corporation Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2021 was 44.97%, a 259.28% change year over year.
Permian Resources Corporation Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2020 was 12.52%, a -60.87% change year over year.

Key data

Date	Gross Profit Margin	Operating Income Margin	EBT Margin	Net Income Margin

NYSE: PR

Permian Resources Corporation

CEO	Mr. William M. Hickey III
IPO Date	April 15, 2016
Location	United States
Headquarters	300 N. Marienfeld Street
Employees	461
Sector	Energy
Industries Oil & Gas Oil Sands

Description

Permian Resources Corporation, an independent oil and natural gas company, focuses on the development of crude oil and related liquids-rich natural gas reserves in the United States. Its assets primarily focus on the Delaware Basin, a sub-basin of the Permian Basin. The company's properties consist of acreage blocks primarily in Reeves County, West Texas and Lea County, New Mexico. As of December 31, 2021, it leased or acquired approximately 73,675 net acres; and owned 991 net mineral acres in the Delaware Basin. The company was formerly known as Centennial Resource Development, Inc. and changed its name to Permian Resources Corporation in September 2022. Permian Resources Corporation was incorporated in 2015 and is headquartered in Midland, Texas.

Key trends

Past 5 years