Permian Resources Corporation – NASDAQ:CDEV

Add to watchlist

$7.62

+7.62

Market open

Closed in 5 minutes

-100.00%

month

-100.00%

quarter

-100.00%

year

Market Cap	4.18B
Enterprise value	15.15B

P/E	9.38
EV/Sales	3.13
EV/EBITDA	4.13
Price/Sales	2.30
Price/Book	1.06
PEG ratio	0.04
EPS	1.20

Revenue	3.74B
EBITDA	2.68B
Income	520.76M
Revenue Q/Q	101.69%
Revenue Y/Y	56.13%

Profit margin	21.2%
Oper. margin	37.47%
Gross margin	43.04%
EBIT margin	37.47%
EBITDA margin	71.75%

Get more financial ratios!

Every financial ratio you might need
10 years history
Forward ratios (Analysts estimates)

Personalize your watchlist with companies you want to keep track of and get notified in the smart feed every time fresh news arrives.

Permian Resources Corporation (NASDAQ:CDEV): Profit margin
Jun 2023	623.39M	73.39M	11.77%
Sep 2023	758.54M	45.43M	5.99%
Dec 2023	1.12B	255.35M	22.74%
Mar 2024	1.24B	146.57M	11.79%

Permian Resources Corporation (NASDAQ:CDEV): Earnings per share (EPS)
2021-11-03	0.21	0.25
2022-02-23	0.29	0.51
2022-05-04	0.36	0.05
2022-08-03	0.43	0.6

Permian Resources Corporation (NASDAQ:CDEV): Payout ratio
Payout ratio	41.29%

Permian Resources Corporation (NASDAQ:CDEV): Dividend Yield
2019
2020
2021
2022	0.54%
2023	2.99%

Permian Resources Corporation (NASDAQ:CDEV): Debt to assets
Jun 2023	8926325000	3.00B	33.61%
Sep 2023	9209798000	3.24B	35.21%
Dec 2023	15070712000	5.84B	38.76%
Mar 2024	15081309000	5.73B	38.01%

Permian Resources Corporation (NASDAQ:CDEV): Cash Flow
Jun 2023	448.49M	-407.25M	-48.53M
Sep 2023	480.80M	-395.80M	108.42M
Dec 2023	845.99M	-483.19M	-501.21M
Mar 2024	647.59M	-619.34M	-88.83M

Permian Resources alternative data

Social Media

🎓 Academy: How impactful can social media data be in investment decisions

Permian Resources
Employees

Permian Resources Corporation (NASDAQ:CDEV): Employee count
Aug 2023	147
Sep 2023	147
Oct 2023	147
Nov 2023	147
Dec 2023	147
Jan 2024	147
Feb 2024	147
Mar 2024	147
Apr 2024	147
May 2024	147
Jun 2024	147
Jul 2024	147

Permian Resources
Insider Trading

Permian Resources Corporation (NASDAQ:CDEV): Insider trades (number of shares)
Period	Buy	Sel
Oct 2021	0	97386
Nov 2021	0	173551
Mar 2022	0	46148685
Aug 2022	0	115762

Transaction	Date	Insider	Security	Shares	Price per share	Total value
Sale	8 Aug 2022	GARRISON MATTHEW R. officer: EVP, Chi..	Class A Common Stock	115,762	$6.5	$751,990
Sale	8 Mar 2022	REL US CENTENNIAL HOLDINGS, LLC director, 10 percent owner director, 10 percent owner	Class A Common Stock	307,704	$9.13	$2,810,568
Sale	8 Mar 2022	RIVERSTONE NON-ECI USRPI AIV, L.P. director, 10 percent ow.. director, 10 percent owner	Class A Common Stock	307,704	$9.13	$2,810,568
Sale	8 Mar 2022	SILVER RUN SPONSOR, LLC director, 10 percent owner director, 10 percent owner	Class A Common Stock	307,704	$9.13	$2,810,568
Sale	3 Mar 2022	SILVER RUN SPONSOR, LLC director, 10 percent owner director, 10 percent owner	Class A Common Stock	10,000,000	$8.15	$81,500,000
Sale	3 Mar 2022	REL US CENTENNIAL HOLDINGS, LLC director, 10 percent owner director, 10 percent owner	Class A Common Stock	10,000,000	$8.15	$81,500,000
Sale	3 Mar 2022	RIVERSTONE NON-ECI USRPI AIV, L.P. director, 10 percent ow.. director, 10 percent owner	Class A Common Stock	10,000,000	$8.15	$81,500,000
Sale	2 Mar 2022	RIVERSTONE NON-ECI USRPI AIV, L.P. director, 10 percent ow.. director, 10 percent owner	Class A Common Stock	2,650,191	$8.7	$23,054,012
Sale	2 Mar 2022	SILVER RUN SPONSOR, LLC director, 10 percent owner director, 10 percent owner	Class A Common Stock	2,650,191	$8.7	$23,054,012
Sale	2 Mar 2022	REL US CENTENNIAL HOLDINGS, LLC director, 10 percent owner director, 10 percent owner	Class A Common Stock	2,650,191	$8.7	$23,054,012

CDEV insider trading transactions

Permian Resources
Earnings Call Transcripts

Quarter	Transcript
Q2 2022 4 Aug 2022	Q2 2022 Earnings Call Transcript
Q1 2022 5 May 2022	Q1 2022 Earnings Call Transcript
Q4 2021 24 Feb 2022	Q4 2021 Earnings Call Transcript
Q3 2021 4 Nov 2021	Q3 2021 Earnings Call Transcript

CDEV earnings call transcripts

Permian Resources
Executives

Insider	Age	Compensation
Mr. Sean R. Smith (1973) Chief Executive Officer & Director	52	$1,360,000
Mr. Matthew R. Garrison (1982) Vice President & Chief Operating Officer	43	$826,870
Mr. George S. Glyphis (1970) Chief Financial Officer, Vice President & Assistant Sec.	55	$823,610
Mr. Davis O. O'Connor (1955) Vice President & Gen. Counsel	70	$722,410
Mr. Brent P. Jensen (1970) Chief Accounting Officer & Vice President	55	$618,740

Permian Resources
Latest News

Friday, 2 August 2024
15:03	Permian Resources Corporation Announces Pricing Terms of Tender Offer for Its 7.75% Senior Notes due 2026	businesswire.com
Tuesday, 18 June 2024
17:03	Permian Resources Extends Registration Rights Agreement with its Private Equity Stockholders and Announces Further Reduction in its Sponsor Ownership	businesswire.com
Wednesday, 1 November 2023
09:26	Permian Resources Completes Acquisition of Earthstone Energy	businesswire.com
Monday, 21 August 2023
07:51	Permian Resources to acquire Earthstone Energy in $4.5 billion all-stock deal	marketwatch.com
Monday, 24 October 2022
16:05	Permian Resources Announces Third Quarter 2022 Earnings Conference Call	GlobeNewsWire
Friday, 2 September 2022
12:48	Why Is Centennial Resource (CDEV) Up 24.5% Since Last Earnings Report?	Zacks Investment Research
Tuesday, 30 August 2022
12:47	5 Best-Performing Stocks of the Top ETF of August	Zacks Investment Research
Friday, 26 August 2022
15:05	Why APA, Centennial Resource Development, and Obsidian Energy Were Rising by Double Digits This Week	The Motley Fool
Tuesday, 23 August 2022
13:49	Why Small-Cap Natural Gas Stocks Were Soaring Today	The Motley Fool
Monday, 8 August 2022
12:49	4 Small Caps for Growth-Focused Investors	GuruFocus
09:02	Centennial (CDEV) Rises 3% on Q2 Earnings & Revenues Beat	Zacks Investment Research
Thursday, 4 August 2022
14:17	Centennial Resource Development, Inc. (CDEV) CEO Sean Smith on Q2 2022 Results - Earnings Call Transcript	Seeking Alpha
Wednesday, 3 August 2022
20:18	Centennial Resource (CDEV) Beats Q2 Earnings and Revenue Estimates	Zacks Investment Research
Monday, 1 August 2022
17:46	Why Energy Stocks Dropped on Monday	The Motley Fool
Thursday, 28 July 2022
18:00	7 Growth Stocks to Buy Now Before They Become Large Caps	InvestorPlace
Monday, 25 July 2022
16:31	Why Diamondback Energy, Centennial Resource Development, and Transocean Rallied on Monday	The Motley Fool
Thursday, 21 July 2022
10:52	Are Investors Undervaluing Centennial Resource Development (CDEV) Right Now?	Zacks Investment Research
Monday, 11 July 2022
11:46	Wells Fargo Slices & Dices 5 US Oil & Gas Stocks	24/7 Wall Street
Friday, 1 July 2022
19:19	Centennial Resource (CDEV) Flat As Market Gains: What You Should Know	Zacks Investment Research
Friday, 3 June 2022
12:49	Why Is Centennial Resource (CDEV) Up 7.2% Since Last Earnings Report?	Zacks Investment Research
Thursday, 2 June 2022
12:03	Here's Why Centennial (CDEV) Stock Is a Great Investment Bet	Zacks Investment Research
11:18	Has Centennial Resource Development (CDEV) Outpaced Other Oils-Energy Stocks This Year?	Zacks Investment Research
06:44	7 Value Stocks to Buy Priced at Less Than Their Book Value	InvestorPlace
Tuesday, 31 May 2022
20:19	How to Find Cheap Stocks Under $10 to Buy in June	Zacks Investment Research
Saturday, 21 May 2022
07:35	3 Under-the-Radar Energy Stocks With Upcoming Catalysts You Won't Want to Miss	The Motley Fool
Friday, 20 May 2022
23:10	Centennial and Colgate Energy Partners enter merger of equals agreement	Invezz
Thursday, 19 May 2022
15:35	Another Pure Permian Mini-Major Rises In Centennial, Colgate Merger	Forbes
Friday, 13 May 2022
11:17	Centennial (CDEV) Slides 16.3% as Q1 Earnings Miss Estimates	Zacks Investment Research
Tuesday, 10 May 2022
11:17	Is Centennial Resource Development (CDEV) Stock Undervalued Right Now?	Zacks Investment Research
Thursday, 5 May 2022
15:51	Why Centennial Resource Development Stock Is Slumping Today	The Motley Fool

Frequently Asked Questions (FAQ)

What's the price of Permian Resources stock today?

One share of Permian Resources stock can currently be purchased for approximately $7.62.
When is Permian Resources's next earnings date?

Unfortunately, Permian Resources's (CDEV) next earnings date is currently unknown.
Does Permian Resources pay dividends?

Yes, Permian Resources pays dividends and its trailing 12-month yield is 5.13% with 41% payout ratio. The last Permian Resources stock dividend of undefined was paid on 26 Sep 2025.
How much money does Permian Resources make?

Permian Resources has a market capitalization of 4.18B and it's past years’ income statements indicate that its last revenue has increased compared to the previous period by 46.43% to 3.12B US dollars. Permian Resources earned 476.31M US dollars in net income (profit) last year or $0.6 on an earnings per share basis.
What is Permian Resources's stock symbol?

Permian Resources Corporation is traded on the NASDAQ under the ticker symbol "CDEV".
What is Permian Resources's primary industry?

Company operates in the Energy sector and Oil & Gas Exploration & Production industry.
How do i buy shares of Permian Resources?

Shares of Permian Resources can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Who are Permian Resources's key executives?
Permian Resources's management team includes the following people:
- Mr. Sean R. Smith Chief Executive Officer & Director(age: 52, pay: $1,360,000)
- Mr. Matthew R. Garrison Vice President & Chief Operating Officer(age: 43, pay: $826,870)
- Mr. George S. Glyphis Chief Financial Officer, Vice President & Assistant Sec.(age: 55, pay: $823,610)
- Mr. Davis O. O'Connor Vice President & Gen. Counsel(age: 70, pay: $722,410)
- Mr. Brent P. Jensen Chief Accounting Officer & Vice President(age: 55, pay: $618,740)
How many employees does Permian Resources have?

As Jul 2024, Permian Resources employs 147 workers.
When Permian Resources went public?

Permian Resources Corporation is publicly traded company for more then 9 years since IPO on 2 Mar 2016.
What is Permian Resources's official website?

The official website for Permian Resources is cdevinc.com.
Where are Permian Resources's headquarters?

Permian Resources is headquartered at 1001 17th St Ste 1800, Denver, COLORADO.
How can i contact Permian Resources?

Permian Resources's mailing address is 1001 17th St Ste 1800, Denver, COLORADO and company can be reached via phone at +1 720 499 1400.

Permian Resources Corporation

cdevinc.com

Exchange:

NASDAQ

Full time employees:

147

Industry:

Oil & Gas Exploration & Production

Sector:

Energy

Centennial Resource Development, Inc., 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 Silver Run Acquisition Corporation and changed its name to Centennial Resource Development, Inc. in October 2016. The company was incorporated in 2015 and is headquartered in Denver, Colorado.

+1 720 499 1400

1001 17th St Ste 1800
Denver, COLORADO 80202

CIK: 0001658566
ISIN: US15136A1025
CUSIP: 15136A102