PR - NYSE
Permian Resources Corporation
$20.18
+2.3%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.
At a Glance
Live SnapshotPermian Resources Corporation Dividend History
PR Dividend Payment History
Total Payments
15
Latest Dividend
$0.1600
Annual Amount
$0.7700
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
May 6, 2026 | Jun 16, 2026 | Jun 30, 2026 | $0.1600 | $0.1600 | Quarterly | 0.00% |
Feb 25, 2026 | Mar 17, 2026 | Mar 31, 2026 | $0.1600 | $0.1600 | Quarterly | +6.67% |
Nov 5, 2025 | Dec 17, 2025 | Dec 31, 2025 | $0.1500 | $0.1500 | Quarterly | 0.00% |
Aug 6, 2025 | Sep 16, 2025 | Sep 30, 2025 | $0.1500 | $0.1500 | Quarterly | 0.00% |
May 7, 2025 | Jun 16, 2025 | Jun 30, 2025 | $0.1500 | $0.1500 | Quarterly | 0.00% |
Feb 25, 2025 | Mar 17, 2025 | Mar 31, 2025 | $0.1500 | $0.1500 | Quarterly | 0.00% |
Nov 6, 2024 | Nov 14, 2024 | Nov 22, 2024 | $0.1500 | $0.1500 | Quarterly | -28.57% |
Aug 6, 2024 | Aug 19, 2024 | Aug 27, 2024 | $0.2100 | $0.2100 | Quarterly | +5.00% |
May 7, 2024 | May 21, 2024 | May 29, 2024 | $0.2000 | $0.2000 | Quarterly | +33.33% |
Feb 27, 2024 | Mar 13, 2024 | Mar 21, 2024 | $0.1500 | $0.1500 | Quarterly | +25.00% |
Nov 7, 2023 | Nov 20, 2023 | Nov 28, 2023 | $0.1200 | $0.1200 | Quarterly | +20.00% |
Aug 2, 2023 | Aug 15, 2023 | Aug 23, 2023 | $0.1000 | $0.1000 | Quarterly | 0.00% |
May 8, 2023 | May 16, 2023 | May 24, 2023 | $0.1000 | $0.1000 | Quarterly | +100.00% |
Feb 22, 2023 | Mar 7, 2023 | Mar 15, 2023 | $0.0500 | $0.0500 | Quarterly | 0.00% |
Nov 8, 2022 | Nov 21, 2022 | Nov 29, 2022 | $0.0500 | $0.0500 | Quarterly | - |
Permian Resources Corporation Payout Ratio Analysis
Dividend Sustainability Analysis
Payout Ratio
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
FCF Payout Ratio
Moderate FCF concern. Most free cash flow goes to dividends, limiting flexibility. Monitor CapEx needs and ensure FCF isn't declining.
Dividend Growth
Flat or modest dividend growth. Company maintaining dividend but not increasing aggressively. Monitor whether due to business maturity or temporary headwinds.
Sustainability
Highly sustainable dividend with strong coverage, growing payouts, and solid cash generation. Low risk of dividend cuts.
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Statements
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Earnings Call
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Dividends
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Analyst Expectations
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