Roth Capital Issues Pessimistic Forecast for PR Earnings

Permian Resources Co. (NYSE:PR) – Roth Capital reduced their Q1 2025 earnings per share (EPS) estimates for shares of Permian Resources in a research note issued on Monday, April 14th. Roth Capital analyst L. Mariani now anticipates that the company will post earnings of $0.33 per share for the quarter, down from their previous estimate of $0.36. The consensus estimate for Permian Resources’ current full-year earnings is $1.45 per share. Roth Capital also issued estimates for Permian Resources’ Q2 2025 earnings at $0.20 EPS, Q3 2025 earnings at $0.24 EPS, Q4 2025 earnings at $0.28 EPS and FY2025 earnings at $1.05 EPS.

Several other analysts have also recently commented on the stock. Citigroup cut shares of Permian Resources from a “buy” rating to a “reduce” rating in a research report on Wednesday, March 5th. Bank of America dropped their price objective on Permian Resources from $19.00 to $17.00 and set a “buy” rating for the company in a report on Tuesday, April 1st. Truist Financial raised their target price on Permian Resources from $20.00 to $23.00 and gave the stock a “buy” rating in a report on Monday, January 13th. Williams Trading set a $19.00 price target on Permian Resources in a research note on Wednesday, March 5th. Finally, Susquehanna upgraded shares of Permian Resources from a “neutral” rating to a “positive” rating and increased their price target for the company from $17.00 to $20.00 in a research report on Wednesday, March 5th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and thirteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $18.73.

Permian Resources Trading Up 4.7 %

PR opened at $12.04 on Thursday. The firm has a 50 day simple moving average of $13.08 and a 200 day simple moving average of $14.13. Permian Resources has a fifty-two week low of $10.01 and a fifty-two week high of $17.67. The company has a market cap of $9.67 billion, a price-to-earnings ratio of 7.29, a price-to-earnings-growth ratio of 4.05 and a beta of 3.81. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.68 and a quick ratio of 0.68.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in shares of Permian Resources by 0.5% in the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 140,548 shares of the company’s stock valued at $2,021,000 after acquiring an additional 662 shares in the last quarter. Louisiana State Employees Retirement System boosted its position in Permian Resources by 0.4% during the fourth quarter. Louisiana State Employees Retirement System now owns 176,600 shares of the company’s stock valued at $2,540,000 after purchasing an additional 700 shares during the last quarter. CIBC Asset Management Inc boosted its position in Permian Resources by 5.4% during the fourth quarter. CIBC Asset Management Inc now owns 15,703 shares of the company’s stock valued at $226,000 after purchasing an additional 805 shares during the last quarter. Principal Securities Inc. grew its stake in Permian Resources by 73.6% in the fourth quarter. Principal Securities Inc. now owns 2,010 shares of the company’s stock valued at $29,000 after purchasing an additional 852 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund increased its position in shares of Permian Resources by 0.7% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 129,520 shares of the company’s stock worth $1,862,000 after purchasing an additional 900 shares during the last quarter. Institutional investors own 91.84% of the company’s stock.

Insider Buying and Selling

In other news, Director William J. Quinn bought 500,000 shares of the business’s stock in a transaction on Monday, March 3rd. The shares were purchased at an average price of $13.07 per share, for a total transaction of $6,535,000.00. Following the purchase, the director now owns 812,429 shares of the company’s stock, valued at approximately $10,618,447.03. The trade was a 160.04 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 directly owns 74,433 shares of the company’s stock, valued at approximately $1,044,294.99. This trade represents a 3.63 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 9,685 shares of company stock valued at $135,687. Company insiders own 12.80% of the company’s stock.

Permian Resources Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were given a $0.15 dividend. The ex-dividend date of this dividend was Monday, March 17th. This represents a $0.60 annualized dividend and a yield of 4.99%. Permian Resources’s dividend payout ratio is currently 41.96%.

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.