Permian Resources: Undervalued Efficiency In The Delaware Basin

  • Permian Resources focuses on the Delaware Basin, maximizing synergies and reducing costs through a concentrated footprint of 450,000 net acres and high-return drilling inventory. It maintains strong margins, with ~76% EBITDA and low drilling costs, enabling consistent cash generation even under moderate oil price environments. Permian Resources trades at low valuation multiples despite high profitability, offering EV/EBITDA below 4x and strong ROE, with insider ownership reinforcing alignment.