Investment Analysts’ Weekly Ratings Updates for Permian Resources (PR)

A number of firms have modified their ratings and price targets on shares of Permian Resources (NYSE: PR) recently:

• 10/20/2026 – Permian Resources had its price target raised by Susquehanna from $25.00 to $30.00. They now have a “positive” rating on the stock.
• 10/15/2026 – Permian Resources had its price target raised by Morgan Stanley from $25.00 to $27.00. They now have an “overweight” rating on the stock.
• 10/14/2026 – Permian Resources is now covered by Scotiabank. They set a “sector outperform” rating and a $29.00 price target on the stock.
• 10/14/2026 – Permian Resources had its price target raised by Wells Fargo & Company from $27.00 to $28.00. They now have an “overweight” rating on the stock.
• 10/12/2026 – Permian Resources had its price target raised by Truist Financial from $24.00 to $28.00. They now have a “buy” rating on the stock.
• 10/12/2026 – Permian Resources had its price target raised by Citigroup from $24.00 to $28.00. They now have a “buy” rating on the stock.
• 10/8/2026 – Permian Resources was upgraded by Weiss Ratings from “buy (b)” to “buy (b+)”.
• 10/6/2026 – Permian Resources was upgraded by Zacks Research from “hold” to “strong-buy”.
• 9/24/2026 – Permian Resources had its “outperform” rating reaffirmed by Royal Bank Of Canada. They now have a $27.00 price target on the stock.
• 9/15/2026 – Permian Resources had its price target raised by KeyCorp from $25.00 to $28.00. They now have an “overweight” rating on the stock.
• 9/14/2026 – Permian Resources had its price target raised by UBS Group from $24.00 to $29.00. They now have a “buy” rating on the stock.
• 9/10/2026 – Permian Resources is now covered by Stifel Nicolaus. They set a “buy” rating and a $30.00 price target on the stock.
• 9/3/2026 – Permian Resources is now covered by Seaport Research Partners. They set a “buy” rating and a $29.00 price target on the stock.
• 9/2/2026 – Permian Resources is now covered by Seaport Research Partners. They set a “buy” rating and a $29.00 price target on the stock.
• 9/2/2026 – Permian Resources was upgraded by Wells Fargo & Company to “strong-buy”.

Permian Resources Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th were given a dividend of $0.16 per share. The ex-dividend date of this dividend was Wednesday, September 16th. This represents a $0.64 dividend on an annualized basis and a yield of 2.5%.

Insider Buying and Selling at Permian Resources

In other news, EVP Robert Shannon sold 5,104 shares of the company’s stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $23.75, for a total value of $121,220.00. Following the sale, the executive vice president directly owned 1,346,698 shares of the company’s stock, valued at $31,984,077.50. This represents a 0.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP John Bell sold 5,492 shares of the stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $23.75, for a total transaction of $130,435.00. Following the completion of the sale, the executive vice president owned 1,561,680 shares in the company, valued at $37,089,900. The trade was a 0.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 15,699 shares of company stock worth $372,851. Company insiders own 5.00% of the company’s stock.

Permian Resources Corporation (NYSE: PR) is an independent oil and natural gas company focused on the acquisition, development, and production of hydrocarbons in the Permian Basin. Its operations are concentrated in the Delaware Basin, a prolific oil-producing region spanning southeastern New Mexico and West Texas.

The company’s production portfolio includes crude oil, natural gas, and natural gas liquids. Permian Resources develops its acreage through horizontal drilling and multi-well development programs, with activities that include drilling, completion, production, and infrastructure management.