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Permian Resources Corporation (PR): A Bull Case Theory

We came across a bullish thesis on Permian Resources Corporation on Pitchstack Investing Substack. In this article, we will summarize the bulls’ thesis on PR. Permian Resources Corporation's share was trading at $ 14.69 as of 18th June. PR’s trailing and forward P/E were 8.96 and 11.00 respectively according to Yahoo Finance.

[caption id="attachment_1214681" align="aligncenter" width="768"] The sun rising over a sprawling network of oil & gas pipelines near Midland, Texas.[/caption]

Permian Resources is an independent oil and gas company operating in the Delaware Basin, where...