Permian Resources has surged 155% over the past five years, more than doubling the S&P 500's 72% total return, and gained 36.1% in the last six months. The company controls roughly 450,000 net acres in West Texas and New Mexico and posted 54.3% annualized revenue growth over five years. Its five-year average gross margin of 75.7% and free cash flow margin of 27% rank among the best in the energy upstream and integrated energy sector. The stock trades at 8.8 times forward price-to-earnings, or $18.71 per share.
Permian Resources CorporationStrong revenue growth, high margins, and attractive valuation drive stock surge.