Roth Capital Expects Weaker Earnings for Permian Resources

Permian Resources Co. (NYSE:PR) – Equities research analysts at Roth Capital dropped their Q1 2026 earnings per share (EPS) estimates for 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 $0.31 per share for the quarter, down from their prior estimate of $0.37. The consensus estimate for Permian Resources’ current full-year earnings is $1.45 per share. Roth Capital also issued estimates for Permian Resources’ Q2 2026 earnings at $0.27 EPS, Q3 2026 earnings at $0.33 EPS, Q4 2026 earnings at $0.36 EPS and FY2026 earnings at $1.27 EPS.

Other equities research analysts also recently issued reports about the company. Susquehanna raised Permian Resources from a “neutral” rating to a “positive” rating and increased their price objective for the company from $17.00 to $20.00 in a report on Wednesday, March 5th. Piper Sandler decreased their price target on shares of Permian Resources from $21.00 to $20.00 and set an “overweight” rating for the company in a research note on Thursday, March 6th. Truist Financial raised their price objective on shares of Permian Resources from $20.00 to $23.00 and gave the stock a “buy” rating in a research report on Monday, January 13th. Royal Bank of Canada reduced their target price on shares of Permian Resources from $18.00 to $16.00 and set an “outperform” rating for the company in a report on Monday. Finally, Morgan Stanley decreased their target price on shares of Permian Resources from $21.00 to $19.00 and set an “overweight” rating for the company in a research note on Thursday, March 27th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $18.73.

Permian Resources Stock Up 4.7 %

Shares of NYSE PR opened at $12.04 on Wednesday. The stock has a market cap of $9.67 billion, a PE ratio of 7.29, a price-to-earnings-growth ratio of 4.05 and a beta of 3.81. Permian Resources has a 52-week low of $10.01 and a 52-week high of $17.67. The business has a 50-day moving average price of $13.08 and a 200 day moving average price of $14.13. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.40.

Institutional Investors Weigh In On Permian Resources

Institutional investors have recently modified their holdings of the company. Inscription Capital LLC purchased a new stake in Permian Resources during the first quarter worth $298,000. QRG Capital Management Inc. raised its stake in shares of Permian Resources by 26.8% during the 1st quarter. QRG Capital Management Inc. now owns 17,263 shares of the company’s stock worth $239,000 after buying an additional 3,651 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in shares of Permian Resources by 12.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 32,089 shares of the company’s stock worth $444,000 after buying an additional 3,547 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in Permian Resources by 21.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 179,769 shares of the company’s stock valued at $2,490,000 after acquiring an additional 31,812 shares during the last quarter. Finally, SG Americas Securities LLC increased its holdings in Permian Resources by 129.3% during the 1st quarter. SG Americas Securities LLC now owns 58,986 shares of the company’s stock valued at $817,000 after acquiring an additional 33,258 shares in the last quarter. Hedge funds and other institutional investors own 91.84% of the company’s stock.

Insiders Place Their Bets

In related news, CAO Robert Regan Shannon sold 2,731 shares of the firm’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $14.02, for a total value of $38,288.62. Following the completion of the sale, the chief accounting officer now owns 58,668 shares in the company, valued at $822,525.36. This trade represents a 4.45 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP John Charles Bell sold 2,804 shares of the company’s stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $14.03, for a total transaction of $39,340.12. Following the transaction, the executive vice president now owns 74,433 shares in the company, valued at $1,044,294.99. The trade was a 3.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 9,685 shares of company stock worth $135,687. Company insiders own 12.80% of the company’s stock.

Permian Resources Dividend Announcement

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

Permian Resources Company Profile

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.