Capital One Financial Has Negative Outlook of PR Q2 Earnings

Permian Resources Co. (NYSE:PR) – Equities research analysts at Capital One Financial decreased their Q2 2025 earnings per share estimates for Permian Resources in a note issued to investors on Thursday, May 15th. Capital One Financial analyst P. Johnston now forecasts that the company will earn $0.35 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.

Permian Resources (NYSE:PR) last issued its quarterly earnings results on Wednesday, May 7th. The company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.02). Permian Resources had a net margin of 21.20% and a return on equity of 11.15%. The company had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.37 billion. During the same period last year, the company posted $0.25 earnings per share. The business’s revenue for the quarter was up 10.7% on a year-over-year basis.

Several other analysts have also issued reports on PR. JPMorgan Chase & Co. dropped their price objective on Permian Resources from $21.00 to $18.00 and set an “overweight” rating on the stock in a research note on Thursday, March 13th. Citigroup lowered Permian Resources from a “buy” rating to a “reduce” rating in a research note 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 on the stock in a research note on Tuesday, April 1st. The Goldman Sachs Group upped their price objective on Permian Resources from $14.00 to $16.00 and gave the company a “buy” rating in a research note on Friday. Finally, Piper Sandler dropped their price objective on Permian Resources from $20.00 to $19.00 and set an “overweight” rating on the stock in a research note on Tuesday, May 13th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and thirteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $18.33.

Permian Resources Price Performance

NYSE:PR opened at $13.50 on Monday. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.40. The stock’s 50 day moving average price is $12.58 and its two-hundred day moving average price is $13.90. The firm has a market capitalization of $10.84 billion, a price-to-earnings ratio of 8.18, a P/E/G ratio of 4.05 and a beta of 1.20. Permian Resources has a 12-month low of $10.01 and a 12-month high of $16.95.

Permian Resources Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 16th will be paid a dividend of $0.15 per share. The ex-dividend date is Monday, June 16th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.45%. Permian Resources’s dividend payout ratio (DPR) is currently 37.04%.

Insider Transactions at Permian Resources

In other Permian Resources news, CFO Guy M. Oliphint sold 4,150 shares of the firm’s stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $13.99, for a total transaction of $58,058.50. Following the transaction, the chief financial officer now owns 130,467 shares in the company, valued at $1,825,233.33. This trade represents a 3.08% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director William J. Quinn acquired 500,000 shares of the stock in a transaction on Monday, March 3rd. The shares were bought 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 in the company, valued at approximately $10,618,447.03. This trade represents a 160.04% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders have sold 9,685 shares of company stock worth $135,687. Company insiders own 6.44% of the company’s stock.

Hedge Funds Weigh In On Permian Resources

A number of hedge funds have recently added to or reduced their stakes in PR. Kingsview Wealth Management LLC acquired a new stake in shares of Permian Resources in the 4th quarter valued at $632,000. Charles Schwab Investment Management Inc. boosted its holdings in shares of Permian Resources by 4.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,339,873 shares of the company’s stock valued at $62,407,000 after purchasing an additional 176,320 shares in the last quarter. New York State Teachers Retirement System boosted its holdings in shares of Permian Resources by 36.9% in the 4th quarter. New York State Teachers Retirement System now owns 269,905 shares of the company’s stock valued at $3,881,000 after purchasing an additional 72,726 shares in the last quarter. Perpetual Ltd acquired a new stake in shares of Permian Resources in the 4th quarter valued at $27,104,000. Finally, Channing Capital Management LLC boosted its holdings in shares of Permian Resources by 286.1% in the 4th quarter. Channing Capital Management LLC now owns 620,138 shares of the company’s stock valued at $8,918,000 after purchasing an additional 459,516 shares in the last quarter. 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.