Permian Resources Co. (NYSE:PR – Free Report) – Equities research analysts at Capital One Financial boosted their Q2 2025 EPS estimates for Permian Resources in a report released on Wednesday, April 16th. Capital One Financial analyst P. Johnston now anticipates that the company will earn $0.36 per share for the quarter, up from their previous forecast of $0.35. The consensus estimate for Permian Resources’ current full-year earnings is $1.45 per share. Capital One Financial also issued estimates for Permian Resources’ Q3 2025 earnings at $0.38 EPS, Q4 2025 earnings at $0.39 EPS, FY2025 earnings at $1.53 EPS and FY2026 earnings at $1.31 EPS.
Several other equities analysts have also issued reports on PR. Morgan Stanley dropped their price objective on Permian Resources from $21.00 to $19.00 and set an “overweight” rating on the stock in a report on Thursday, March 27th. Citigroup downgraded Permian Resources from a “buy” rating to a “reduce” rating in a research note on Wednesday, March 5th. Royal Bank of Canada reduced their price objective on Permian Resources from $18.00 to $16.00 and set an “outperform” rating for the company in a research note on Monday, April 14th. Williams Trading set a $19.00 target price on shares of Permian Resources in a research report on Wednesday, March 5th. Finally, Susquehanna upgraded shares of Permian Resources from a “neutral” rating to a “positive” rating and upped 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 assigned a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $18.73.
Permian Resources Trading Up 4.7 %
Shares of Permian Resources stock opened at $12.04 on Friday. The company has a fifty day simple moving average of $13.02 and a 200-day simple moving average of $14.12. Permian Resources has a 12-month low of $10.01 and a 12-month high of $17.62. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.40. The stock has a market cap of $9.67 billion, a price-to-earnings ratio of 7.29, a PEG ratio of 4.05 and a beta of 3.81.
Institutional Investors Weigh In On Permian Resources
A number of institutional investors and hedge funds have recently bought and sold shares of PR. Vanguard Group Inc. raised its holdings in shares of Permian Resources by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 65,680,607 shares of the company’s stock worth $944,487,000 after acquiring an additional 870,622 shares during the last quarter. Price T Rowe Associates Inc. MD raised its stake in Permian Resources by 60.4% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 32,674,171 shares of the company’s stock valued at $469,856,000 after purchasing an additional 12,306,854 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in Permian Resources in the 4th quarter valued at about $431,676,000. Massachusetts Financial Services Co. MA lifted its holdings in Permian Resources by 1.6% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 18,442,921 shares of the company’s stock valued at $265,209,000 after purchasing an additional 291,444 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of Permian Resources by 7.2% during the 4th quarter. Bank of New York Mellon Corp now owns 13,631,747 shares of the company’s stock worth $196,025,000 after purchasing an additional 909,740 shares during the last quarter. Hedge funds and other institutional investors own 91.84% of the company’s stock.
Insider Activity at Permian Resources
In other Permian Resources news, CFO Guy M. Oliphint sold 4,150 shares of Permian Resources stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $13.99, for a total transaction of $58,058.50. Following the completion of the transaction, the chief financial officer now owns 130,467 shares in the company, valued at approximately $1,825,233.33. The trade was a 3.08 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Robert Regan Shannon sold 2,731 shares of the company’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $14.02, for a total transaction of $38,288.62. Following the completion of the sale, the chief accounting officer now directly owns 58,668 shares in the company, valued at $822,525.36. This trade represents a 4.45 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 9,685 shares of company stock worth $135,687 over the last 90 days. 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 paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 4.99%. The ex-dividend date was Monday, March 17th. Permian Resources’s dividend payout ratio (DPR) is 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.
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