PR
PR
+4.2%🟢 Fundamentally supportedPermian Resources Corporation · Energy
$24.59Vol 8.62M · 0.9× normalMkt cap +$0.82BMarket closed — 2026-10-16 session
What happened
Move
+4.2%
Price
$24.59
Volume
8.62M
0.9× normal
Market cap
$20.60B
+$0.82B today
Why it moved
Earnings releasemedium confidence
- Permian Resources Announces Third Quarter 2026 Earnings Conference Call — finnhub-news
- Morgan Stanley Maintains Overweight on Permian Resources, Raises Price Target to $27 — finnhub-news
Possible catalyst: earnings release.
Verdict — was the move justified?
🟢 Fundamentally supported
Earnings release — direction and rough magnitude are consistent with the identified fundamental catalyst.
How unusual is this move
σ score
1.9σ
vs own 20d volatility
Percentile
90th
of 1033 daily moves
Avg daily move
±1.9%
own 5y average
vs sector
+0.8%
beyond sector median
Today’s move is among the largest 10% of PR’s daily moves over the last 5 years — while the sector moved +3.3% and the market -0.3%.
What happened after similar moves
120 similar up moves in PR’s 5-year history:
After 5 days
+1.3%
56% higher
After 20 days
+5.0%
64% higher
Median of same-direction moves within ±35% magnitude band. Past patterns don’t predict outcomes — context, not signal.
Fundamental context
V 70G 100P 74H 48Q 60
Insider activity (90d): net selling $372.9K
Valuation context
P/E (TTM)
16.7
5y median 12.6
P/E percentile
77%
vs own 3y history
FCF yield
0.2%
Trading richer than 77% of its own historical valuation range.
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