Permian Resources Co. (NYSE:PR – Free Report) – Stock analysts at Roth Capital issued their Q1 2026 earnings per share estimates for shares of Permian Resources in a research note 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.
Several other analysts have also recently weighed in on the company. Piper Sandler lifted 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 lifted 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. Finally, Morgan Stanley began coverage on shares of Permian Resources in a research report on Friday, January 10th. They issued an “overweight” rating and a $19.00 target price for the company. Two equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $19.13.
Permian Resources Trading Up 0.2 %
Shares of PR stock opened at $14.09 on Friday. Permian Resources has a 12-month low of $12.62 and a 12-month high of $18.28. The company has a market capitalization of $11.32 billion, a PE ratio of 8.54, a price-to-earnings-growth ratio of 4.05 and a beta of 4.28. The firm has a 50 day moving average price of $14.70 and a two-hundred day moving average price of $14.47. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.40.
Permian Resources Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be given a dividend of $0.15 per share. The ex-dividend date is Monday, March 17th. This represents a $0.60 annualized dividend and a dividend yield of 4.26%. Permian Resources’s dividend payout ratio is 36.36%.
Insider Activity at Permian Resources
In other Permian Resources news, CFO Guy M. Oliphint sold 8,761 shares of the company’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 completion of the sale, the chief financial officer now directly owns 134,617 shares in the company, valued at $2,059,640.10. This represents a 6.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 12.80% of the stock is currently owned by insiders.
Hedge Funds Weigh In On Permian Resources
A number of institutional investors have recently modified their holdings of the business. Vanguard Group Inc. increased its position in Permian Resources by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 65,680,607 shares of the company’s stock worth $944,487,000 after purchasing an additional 870,622 shares in the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of Permian Resources by 60.4% during 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 last quarter. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in shares of Permian Resources during the fourth quarter worth $431,676,000. State Street Corp lifted its stake in shares of Permian Resources by 6.1% in the 3rd quarter. State Street Corp now owns 22,027,153 shares of the company’s stock valued at $299,790,000 after acquiring an additional 1,263,460 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its holdings in shares of Permian Resources by 1.6% during 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 acquiring an additional 291,444 shares in the last quarter. Institutional investors and hedge funds own 91.84% of the company’s stock.
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.
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