Permian Resources Corporation

Permian Resources Corporation - Current Ratioverified

CDEV

Price:

$7.62

Market Cap:

$17.83B

Centennial Resource Development, Inc. operates as an independent entity in the oil and natural gas sector, primarily engaged in developing crude oil and related liquids-rich natural gas reserves across the United States. Its core assets and operations are concentrated within the Delaware Basin, a significant sub-basin of the broader Permian Basin. Specifically, the company's landholdings are predominantly situated in Reeves County, West Texas, and Lea County, New Mexico. By December 31, 2021, Centennial had acquired or leased approximately 73,675 net acres, in addition to owning 991 net mineral acres within the Delaware Basin. Established in 2015 and headquartered in Denver, Colorado, the co...[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2016-03-02

Stock Exchange

NASDAQ

Ticker

CDEV

The Current Ratio as of September 2026 (TTM) for Permian Resources Corporation (CDEV) is 0.62

According to Permian Resources Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.62. This represents a change of -8.54% compared to the average of 0.68 of the last 4 quarters.

Permian Resources Corporation (CDEV) Historical Current Ratio (quarterly & annually)

How has CDEV Current Ratio performed in the past?

The mean historical Current Ratio of Permian Resources Corporation over the last ten years is 0.76. The current 0.62 Current Ratio has changed 8.12% with respect to the historical average. Over the past ten years (40 quarters), CDEV's Current Ratio was at its highest in in the September 2016 quarter at 1.66. The Current Ratio was at its lowest in in the March 2020 quarter at 0.31.

Quarterly (TTM)
Annual

Average

0.76

Median

0.65

Minimum

0.47

Maximum

1.65

Permian Resources Corporation (CDEV) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Permian Resources Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 610.73%

Maximum Annual Current Ratio = 1.65

Minimum Annual Increase = -48.17%

Minimum Annual Current Ratio = 0.47

Quarterly (TTM)
Annual
YearCurrent RatioChange
20250.78-7.45%
20240.8461.30%
20230.52-31.60%
20220.7748.60%
20210.523.63%
20200.505.35%
20190.47-10.17%
20180.53-48.17%
20171.01-38.71%
20161.65610.73%

Permian Resources Corporation (CDEV) Average Current Ratio

How has CDEV Current Ratio performed in the past?

The current Current Ratio of Permian Resources Corporation (CDEV) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.72

5-year avg

0.69

10-year avg

0.76

Permian Resources Corporation (CDEV) Current Ratio vs. Peers

How is CDEV’s Current Ratio compared to its peers?

Permian Resources Corporation’s Current Ratio is less than Enerplus Corporation (0.80), less than Chord Energy Corporation (1.22), greater than Denbury Inc. (0.59), greater than Civitas Resources, Inc. (0.56), less than Earthstone Energy, Inc. (0.65), greater than Veren Inc. (0.57), greater than Callon Petroleum Company (0.39), less than Euronav N.V. (1.12), less than Crescent Point Energy Corp. (0.76), less than ChampionX Corporation (1.99),

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