We came across a bearish thesis on Permian Resources Corporation on Hunterbrook’s Substack. In this article, we will summarize the bulls’ thesis on PR. Permian Resources Corporation’s share was trading at $13.67 as of September 24th. PR’s trailing and forward P/E were 8.76 and 11.8 respectively according to Yahoo Finance.
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In southeastern New Mexico’s Permian Basin, a February satellite detection revealed a methane release of more than...
