Permian Gross Profit from 2010 to 2024

PR Stock  USD 16.75  0.08  0.48%   
Permian Resources Gross Profit yearly trend continues to be relatively stable with very little volatility. Gross Profit is likely to grow to about 1.5 B this year. Gross Profit is the profit Permian Resources makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2016-12-31
Previous Quarter
504.5 M
Current Value
517.4 M
Quarterly Volatility
163 M
 
Covid
Check Permian Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Permian main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 B, Interest Expense of 194.3 M or Selling General Administrative of 104.2 M, as well as many exotic indicators such as Price To Sales Ratio of 1.45, Dividend Yield of 0.0314 or PTB Ratio of 0.98. Permian financial statements analysis is a perfect complement when working with Permian Resources Valuation or Volatility modules.
  
This module can also supplement various Permian Resources Technical models . Check out the analysis of Permian Resources Correlation against competitors.
To learn how to invest in Permian Stock, please use our How to Invest in Permian Resources guide.

Latest Permian Resources' Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Permian Resources over the last few years. Gross profit is a required income statement account that reflects total revenue of Permian Resources minus its cost of goods sold. It is profit before Permian Resources operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Permian Resources' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Permian Resources' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.71 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Permian Gross Profit Regression Statistics

Arithmetic Mean395,226,013
Geometric Mean102,687,290
Coefficient Of Variation140.79
Mean Deviation435,014,951
Median41,311,000
Standard Deviation556,424,431
Sample Variance309608.1T
Range1.5B
R-Value0.80
Mean Square Error118135.6T
R-Squared0.65
Significance0.0003
Slope99,977,698
Total Sum of Squares4334514.1T

Permian Gross Profit History

20241.5 B
20231.4 B
20221.4 B
2021548.5 M
202041.3 M
2019281.3 M
2018423.6 M

Other Fundumenentals of Permian Resources

Permian Resources Gross Profit component correlations

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0.980.760.721.00.950.950.840.980.76-0.560.82-0.790.80.84-0.89-0.910.87
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0.990.761.00.760.960.950.860.990.74-0.520.8-0.780.820.84-0.92-0.880.87
0.980.770.950.780.960.970.910.980.64-0.40.82-0.690.790.86-0.87-0.870.9
0.990.870.950.680.950.970.860.950.8-0.610.83-0.750.730.8-0.79-0.890.83
0.880.720.840.850.860.910.860.90.61-0.340.7-0.540.720.72-0.83-0.660.76
0.980.740.980.80.990.980.950.90.68-0.450.81-0.730.820.86-0.92-0.880.9
0.770.860.760.360.740.640.80.610.68-0.90.64-0.680.490.48-0.51-0.670.47
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-0.76-0.52-0.79-0.24-0.78-0.69-0.75-0.54-0.73-0.680.52-0.46-0.49-0.540.670.84-0.56
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-0.88-0.6-0.89-0.81-0.92-0.87-0.79-0.83-0.92-0.510.22-0.630.67-0.86-0.780.7-0.79
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0.850.670.870.70.870.90.830.760.90.47-0.280.92-0.560.890.99-0.79-0.87
Click cells to compare fundamentals

About Permian Resources Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Permian Resources income statement, its balance sheet, and the statement of cash flows. Permian Resources investors use historical funamental indicators, such as Permian Resources's Gross Profit, to determine how well the company is positioned to perform in the future. Although Permian Resources investors may use each financial statement separately, they are all related. The changes in Permian Resources's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Permian Resources's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Permian Resources Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Permian Resources. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit1.4 B1.5 B
Gross Profit Margin 0.45  0.23 

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When determining whether Permian Resources is a strong investment it is important to analyze Permian Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Permian Resources' future performance. For an informed investment choice regarding Permian Stock, refer to the following important reports:
Check out the analysis of Permian Resources Correlation against competitors.
To learn how to invest in Permian Stock, please use our How to Invest in Permian Resources guide.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Complementary Tools for Permian Stock analysis

When running Permian Resources' price analysis, check to measure Permian Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Permian Resources is operating at the current time. Most of Permian Resources' value examination focuses on studying past and present price action to predict the probability of Permian Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Permian Resources' price. Additionally, you may evaluate how the addition of Permian Resources to your portfolios can decrease your overall portfolio volatility.
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Is Permian Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Permian Resources. If investors know Permian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Permian Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.19)
Dividend Share
0.47
Earnings Share
1.18
Revenue Per Share
9.066
Quarterly Revenue Growth
1.017
The market value of Permian Resources is measured differently than its book value, which is the value of Permian that is recorded on the company's balance sheet. Investors also form their own opinion of Permian Resources' value that differs from its market value or its book value, called intrinsic value, which is Permian Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Permian Resources' market value can be influenced by many factors that don't directly affect Permian Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Permian Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Permian Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Permian Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.