Roth MKM Maintains a Buy Rating on Permian Resources Corporation (PR) With a $16 PT

Permian Resources Corporation (NYSE:PR) is one of the best high growth NYSE stocks that are profitable. In a report released on August 28, Leo Mariani from Roth MKM maintained a Buy rating on Permian Resources Corporation (NYSE:PR), setting a price target of $16.00.

Permian Resources (PR): Among Billionaire Jim Simons’ RenTech’s Small-Cap Stock Picks with Huge Upside Potential

Permian Resources Corporation (NYSE:PR) announced its fiscal Q2 2025 results on August 6, generating $1.0 billion in net cash provided by operating activities, $817 million in adjusted operating cash flow, and $312 million in adjusted free cash flow.

The company also reported a total average production of 385.1 MBoe/d, including 176.5 MBbls/d of oil, 97.8 MBbls/d of NGLs, and 664.7 MMcf/d of natural gas.

Permian Resources (NYSE:PR) is an independent natural gas and oil company specializing in acquiring, optimizing, and developing oil and natural gas properties.

A significant majority of the company’s assets are concentrated within the Delaware Basin in Eddy and Lea Counties, New Mexico, and Reeves and Ward Counties, Texas.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.