Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Permian Resources's share price for the quarter that ended in Dec. 2023 was $13.6. Permian Resources's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 541 Mil. Therefore, Permian Resources's market cap for the quarter that ended in Dec. 2023 was $7,355 Mil.
Permian Resources's quarterly market cap
increased
from Jun. 2023 ($3,503 Mil) to Sep. 2023 ($4,896 Mil) and
increased
from Sep. 2023 ($4,896 Mil) to Dec. 2023 ($7,355 Mil).
Permian Resources's annual market cap
increased
from Dec. 2021 ($1,702 Mil) to Dec. 2022 ($2,712 Mil) and
increased
from Dec. 2022 ($2,712 Mil) to Dec. 2023 ($7,355 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Permian Resources's Enterprise Value for Today is $13,920 Mil.
Permian Resources Market Cap Historical Data
The historical data trend for Permian Resources's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas E&P subindustry, Permian Resources's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Permian Resources Market Cap Distribution
For the Oil & Gas industry and Energy sector, Permian Resources's Market Cap distribution charts can be found below:
* The bar in red indicates where Permian Resources's Market Cap falls into.
Permian Resources Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Permian Resources's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Permian Resources (NYSE:PR) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Permian Resources Market Cap Related Terms
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Permian Resources (Permian Resources) Business Description
Permian Resources Corp is an independent oil and natural gas company focused on generating outsized returns to stakeholders through the responsible acquisition, optimization and development of oil and liquids-rich natural gas assets.
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