What does Permian Resources do?

Permian Resources drills for and produces crude oil and natural gas in the United States. Its land sits in the Delaware Basin, part of the larger Permian Basin, with acreage in Reeves County, West Texas, and Lea County, New Mexico. It was formerly called Centennial Resource Development and is based in Midland, Texas.

What is Permian Resources's fair value?

On an owner-earnings DCF, Permian Resources's most-likely fair value is about $28, versus a recent price near $23. A margin-of-safety estimate, not a price target. Analysis, not advice.

Energy · Oil & Gas E&P · PR

What Permian Resources Does & How It Makes Money (PR)

Updated October 2026 · reflects Permian Resources's latest reported financials

Independent oil and gas producer focused on the Delaware Basin. The company develops oil and gas reserves on its acreage and makes money by selling the crude oil, natural gas liquids, and natural gas it produces.

Permian Resources's story, moat and numbers — in a 3-minute visual book.

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How Permian Resources makes money

The company develops oil and gas reserves on its acreage and makes money by selling the crude oil, natural gas liquids, and natural gas it produces. Its revenue therefore moves with production volumes and commodity prices.

What Permian Resources does

Permian Resources Corporation is an independent U.S. oil and natural gas company that develops crude oil and liquids-rich natural gas reserves. It concentrates on the Delaware Basin, a sub-basin of the Permian Basin, with acreage blocks in Reeves County, West Texas, and Lea County, New Mexico. The company was incorporated in 2015 as Centennial Resource Development and renamed itself Permian Resources in September 2022. It is headquartered in Midland, Texas. Because it is a pure upstream producer, its results depend mainly on how much oil and gas it produces and on oil and gas prices.

Products & services

Crude oil
Natural gas
Natural gas liquids
Delaware Basin acreage (Reeves County, TX)
Delaware Basin acreage (Lea County, NM)

What is Permian Resources worth?

On an owner-earnings DCF, Permian Resources's most-likely value is about $28 versus a recent price near $23 (21% below fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~$18) with a margin of safety — so the honest verdict here is “Fairly priced — no edge.” Fair value earns its keep only at the extremes, not in the wide middle.

Verdict: Fairly priced — no edge

Owner-earnings fair value · recent price ≈ $23

Fair value (most likely)

$28

Range

$22–$38

No-growth floor

$18

Price

~$23

Price sits in the normal range — fair value isn't actionable here; it earns its keep only when price drops below the no-growth floor, or runs to roughly double the optimistic case.

Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →

Sector Energy Industry Oil & Gas E&P HQ United States Ticker PR Official site

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