Permian Resources Co. (NYSE:PR – Free Report) – Research analysts at Roth Capital issued their Q1 2026 EPS estimates for shares of Permian Resources in a report issued on Wednesday, February 26th. Roth Capital analyst L. Mariani forecasts that the company will earn $0.37 per share for the quarter. 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 $0.34 EPS, Q3 2026 earnings at $0.36 EPS, Q4 2026 earnings at $0.40 EPS and FY2026 earnings at $1.47 EPS.
A number of other equities analysts have also recently weighed in on PR. Piper Sandler upped their price target on Permian Resources from $20.00 to $21.00 and gave the stock an “overweight” rating in a report on Wednesday, January 29th. Truist Financial upped their price target on Permian Resources from $20.00 to $23.00 and gave the stock a “buy” rating in a report on Monday, January 13th. Finally, Morgan Stanley assumed coverage on Permian Resources in a report on Friday, January 10th. They issued an “overweight” rating and a $19.00 price target for the company. Two equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $19.13.
Permian Resources Stock Up 0.1 %
PR opened at $14.04 on Friday. The firm has a 50 day moving average price of $14.69 and a 200 day moving average price of $14.47. The company has a market cap of $11.28 billion, a PE ratio of 8.51, a price-to-earnings-growth ratio of 4.05 and a beta of 4.28. Permian Resources has a 1 year low of $12.62 and a 1 year high of $18.28. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.68 and a current ratio of 0.68.
Hedge Funds Weigh In On Permian Resources
Several large investors have recently added to or reduced their stakes in PR. Barrow Hanley Mewhinney & Strauss LLC bought a new position in Permian Resources during the fourth quarter worth $431,676,000. Price T Rowe Associates Inc. MD increased its position in Permian Resources by 60.4% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 32,674,171 shares of the company’s stock worth $469,856,000 after buying an additional 12,306,854 shares during the period. Dimensional Fund Advisors LP increased its position in Permian Resources by 55.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 11,813,363 shares of the company’s stock worth $169,864,000 after buying an additional 4,236,141 shares during the period. Freestone Grove Partners LP acquired a new stake in Permian Resources in the fourth quarter worth $57,114,000. Finally, Invesco Ltd. increased its position in Permian Resources by 56.1% in the fourth quarter. Invesco Ltd. now owns 7,920,750 shares of the company’s stock worth $113,900,000 after buying an additional 2,845,449 shares during the period. 91.84% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In related news, CFO Guy M. Oliphint sold 8,761 shares of the firm’s stock in a transaction on Friday, January 3rd. The stock was sold at an average price of $15.30, for a total transaction of $134,043.30. Following the transaction, the chief financial officer now directly owns 134,617 shares in the company, valued at $2,059,640.10. This trade represents a 6.11 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 12.80% of the stock is currently owned by company insiders.
Permian Resources Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.28%. The ex-dividend date is Monday, March 17th. Permian Resources’s dividend payout ratio (DPR) is presently 36.36%.
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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