Capital One Financial Has Weak Forecast for PR Q1 Earnings

Permian Resources Co. (NYSE:PR) – Investment analysts at Capital One Financial decreased their Q1 2025 earnings per share estimates for shares of Permian Resources in a research report issued on Wednesday, March 19th. Capital One Financial analyst P. Johnston now forecasts that the company will post earnings per share of $0.36 for the quarter, down from their previous forecast of $0.39. The consensus estimate for Permian Resources’ current full-year earnings is $1.45 per share. Capital One Financial also issued estimates for Permian Resources’ Q2 2025 earnings at $0.39 EPS, Q3 2025 earnings at $0.40 EPS, Q4 2025 earnings at $0.41 EPS, FY2025 earnings at $1.55 EPS and FY2026 earnings at $1.50 EPS.

PR has been the subject of several other reports. Piper Sandler reduced their target price on Permian Resources from $21.00 to $20.00 and set an “overweight” rating for the company in a research note on Thursday, March 6th. Williams Trading set a $19.00 target price on Permian Resources in a research note on Wednesday, March 5th. JPMorgan Chase & Co. reduced their target price on Permian Resources from $21.00 to $18.00 and set an “overweight” rating for the company in a research note on Thursday, March 13th. Truist Financial lifted their price target on Permian Resources from $20.00 to $23.00 and gave the company a “buy” rating in a research note on Monday, January 13th. Finally, Susquehanna raised Permian Resources from a “neutral” rating to a “positive” rating and boosted their price objective for the stock from $17.00 to $20.00 in a report on Wednesday, March 5th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Permian Resources currently has an average rating of “Moderate Buy” and an average target price of $19.35.

Permian Resources Stock Performance

Shares of PR opened at $13.79 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.68 and a quick ratio of 0.68. The stock has a 50-day moving average of $14.30 and a 200-day moving average of $14.33. The company has a market cap of $11.08 billion, a PE ratio of 8.35, a P/E/G ratio of 4.05 and a beta of 4.30. Permian Resources has a one year low of $11.84 and a one year high of $18.28.

Permian Resources Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 4.35%. The ex-dividend date of this dividend is Monday, March 17th. Permian Resources’s dividend payout ratio is presently 41.96%.

Insider Activity

In related news, EVP John Charles Bell sold 2,804 shares of the company’s stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $14.03, for a total value of $39,340.12. Following the transaction, the executive vice president now owns 74,433 shares in the company, valued at approximately $1,044,294.99. This represents a 3.63 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Guy M. Oliphint sold 8,761 shares of the company’s stock in a transaction that occurred on Friday, January 3rd. The shares were sold at an average price of $15.30, for a total value of $134,043.30. Following the completion of the transaction, the chief financial officer now owns 134,617 shares in the company, valued at approximately $2,059,640.10. The trade was a 6.11 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 18,446 shares of company stock valued at $269,731 over the last three months. Corporate insiders own 12.80% of the company’s stock.

Hedge Funds Weigh In On Permian Resources

Several institutional investors have recently bought and sold shares of PR. Atria Investments Inc purchased a new position in Permian Resources in the third quarter valued at approximately $417,000. KBC Group NV lifted its position in shares of Permian Resources by 34.7% during the third quarter. KBC Group NV now owns 15,597 shares of the company’s stock worth $212,000 after acquiring an additional 4,015 shares in the last quarter. OneDigital Investment Advisors LLC purchased a new stake in shares of Permian Resources during the third quarter worth $161,000. Swiss National Bank lifted its position in shares of Permian Resources by 9.3% during the third quarter. Swiss National Bank now owns 1,010,748 shares of the company’s stock worth $13,756,000 after acquiring an additional 86,100 shares in the last quarter. Finally, Quest Partners LLC purchased a new stake in shares of Permian Resources during the third quarter worth $150,000. Hedge funds and other institutional investors own 91.84% of the company’s stock.

About Permian Resources

Permian Resources Corporation, an independent oil and natural gas company, focuses on the development of crude oil and related 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. Its properties consist of acreage blocks in West Texas, Eddy County, Lea County, and New Mexico.