Weekly Analysts’ Ratings Updates for Permian Resources (PR)

Several analysts have recently updated their ratings and price targets for Permian Resources (NYSE: PR):

• 10/12/2026 – Permian Resources had its price target raised by Truist Financial Corporation from $24.00 to $28.00. They now have a “buy” rating on the stock.
• 10/12/2026 – Permian Resources had its “buy” rating reaffirmed by Citigroup Inc..
• 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 AG 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”.
• 8/27/2026 – Permian Resources had its “strong-buy” rating reaffirmed by Raymond James Financial, Inc.. They now have a $29.00 price target on the stock.
• 8/19/2026 – Permian Resources had its “overweight” rating reaffirmed by Morgan Stanley.
• 8/13/2026 – Permian Resources was upgraded by Weiss Ratings from “hold (c+)” to “buy (b)”.
• 8/13/2026 – Permian Resources had its price target raised by Wells Fargo & Company from $26.00 to $27.00. They now have an “overweight” rating on the stock.

Permian Resources Announces Dividend

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 annualized dividend and a yield of 2.7%. Permian Resources’s payout ratio is 42.38%.

Insiders Place Their Bets

In related news, EVP Robert Shannon sold 5,104 shares of Permian Resources stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $23.75, for a total value of $121,220.00. Following the sale, the executive vice president owned 1,346,698 shares of the company’s stock, valued at approximately $31,984,077.50. The trade was a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Guy M. Oliphint sold 5,103 shares of Permian Resources stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $23.75, for a total value of $121,196.25. Following the completion of the sale, the executive vice president directly owned 537,400 shares in the company, valued at approximately $12,763,250. This represents a 0.94% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 15,699 shares of company stock valued at $372,851 in the last three months. 5.00% of the stock is currently owned by corporate insiders.

Permian Resources Corporation (NYSE: PR) is an independent oil and natural gas company focused on the acquisition, development and production of crude oil, natural gas and natural gas liquids. Its operations are concentrated in the Delaware Basin, a major portion of the broader Permian Basin in West Texas and southeastern New Mexico.

The company develops its properties primarily through horizontal drilling and hydraulic fracturing. Its activities include identifying and acquiring acreage, drilling and completing wells, producing hydrocarbons, and managing related gathering and infrastructure operations.