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Permian Resources Corp (PR): What Does This Low-Cost Producer Have to Offer?

Permian Resources Corp (NYSE:PR) is among the must-buy non-tech stocks to invest in now. On March 23, Truist Securities initiated coverage on Permian Resources Corp (NYSE:PR) stock with a Buy rating and a price target of $24. According to the equity research firm, Permian Resources is one of only two oil and gas companies considered Delaware Basin pure-plays.

The firm further noted that Permian Resources is one of the lowest-cost producers. Moreover, Truist pointed to Permian Resources’ strong execution over the past several years as a factor for its bullish view on the stock. Truist expects Permian Resources to continue making strategic mergers and acquisitions that can leverage its low-cost structure.

On March 17, Permian Resources announced that it had achieved investment grade credit ratings at both S&P Global Ratings and Fitch Ratings. The company expects the favorable credit rating at both firms to help reduce its interest expense and improve its liquidity. Permian Resources further said the investment grade status enhances its ability to continue driving free cash flow and shareholder returns.

Permian Resources raised its quarterly dividend to $0.16 per share in February, marking continued growth from its $0.05 base dividend launched in 2022 at a CAGR above 40%. The company ended 2025 with $153.7 million in cash after completing $1.1 billion in accretive acquisitions, cutting debt by over $600 million, and returning $521.4 million to shareholders through $447.7 million in dividends and $73.7 million in buybacks.

Permian Resources Corp (NYSE:PR) is an American independent oil and natural gas company headquartered in Midland, Texas. Its operations are primarily focused on the Delaware Basin within the Permian Basin. The company’s assets include land blocks in Reeves County, West Texas, and Lea County, New Mexico.

While we acknowledge the risk and potential of PR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than PR and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 8 Best Small-Cap Value Stocks to Buy According to Analysts and 13 Best Stocks to Invest in for Good Returns.

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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