Permian Resources (PR) vs SM Energy (SM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Permian Resources (PR) has outperformed SM Energy (SM) over the past year, gaining 76.2% versus a gain of 39.4%. Over five years, PR leads with a +225.1% price change compared with +21.2% for SM. Permian Resources is the larger company by market cap ($19.09 billion vs $8.82 billion), about 2.2 times the size, while SM Energy is growing revenue faster (+17.2% vs +1.3%).
On valuation, SM Energy trades at a lower forward P/E (4.5x vs 10.2x for Permian Resources). Permian Resources offers the higher dividend yield (2.72% vs 2.21%). SM Energy converts more of its revenue into profit, with a net margin of 20.5% versus 18.5%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | PR | SM |
|---|---|---|
| Share price | $22.80 | $37.08 |
| Market cap | $19.09B | $8.82B |
| 1-day change | +2.82% | +5.18% |
| YTD return | +58.02% | +88.50% |
| 1-year return | +76.23% | +39.44% |
| 5-year return | +225.07% | +21.18% |
| P/E ratio (TTM) | 15.00 | 6.57 |
| Forward P/E | 10.18 | 4.54 |
| EPS (TTM) | $1.52 | $5.64 |
| Dividend yield | 2.72% | 2.21% |
| Annual dividend | $0.62 | $0.82 |
| Revenue (latest FY) | $5.07B | $3.15B |
| Revenue growth (YoY) | +1.29% | +17.25% |
| Net income (latest FY) | $935.17M | $648.00M |
| Gross margin | — | 71.94% |
| Operating margin | 28.88% | 31.71% |
| Net margin | 18.46% | 20.55% |
| 52-week high | $24.65 | $41.56 |
| 52-week low | $11.92 | $17.45 |
| Distance from 52-week high | -7.51% | -10.79% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +19.28% | +18.19% |
| Average volume | 9.41M | 3.69M |
| Shares outstanding | 837.56M | 237.85M |
| Employees | 515 | 1,241 |
| Sector | Energy | Energy |
| Industry | Oil & Gas Production | Oil & Gas Production |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Permian Resources is about 2.2 times larger than SM Energy by market value ($19.09B vs $8.82B).
- PR has outperformed SM by 36.8 percentage points over the past year.
- Permian Resources trades at a higher earnings multiple (15.0x vs 6.6x trailing P/E).
- SM Energy grew revenue faster in its latest fiscal year (+17.25% vs +1.29%).
About Permian Resources
PR stock →Permian Resources Corporation, an independent oil and natural gas company, focuses on the development of crude oil and associated liquids-rich natural gas reserves in the United States. The company's assets primarily focus on the Delaware Basin, a sub-basin of the Permian Basin.
Energy · Oil & Gas Production · 515 employees
About SM Energy
SM stock →SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of oil, gas, and natural gas liquids in the United States. The company holds working interests in oil and gas producing wells in the Midland Basin, South Texas, Uinta Basin, and DJ Basin.
Energy · Oil & Gas Production · 1,241 employees
PR vs SM FAQ
Which is bigger, Permian Resources or SM Energy?
Permian Resources (PR) is larger, with a market capitalization of $19.09B compared with $8.82B for SM Energy (SM).
Which stock has performed better over the past year, PR or SM?
PR returned +76.23% over the past 12 months, compared with +39.44% for SM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, PR or SM?
SM has the lower trailing P/E at 6.6, versus 15.0 for PR. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Permian Resources or SM Energy?
Permian Resources has the higher yield at 2.72%, compared with 2.21% for SM Energy.
Are Permian Resources and SM Energy in the same industry?
Yes. Both are classified in the Oil & Gas Production industry within the Energy sector.