Permian Resources Co. (NYSE:PR – Free Report) – Equities researchers at Roth Capital issued their Q1 2026 EPS estimates for Permian Resources in a research note issued on Wednesday, February 26th. Roth Capital analyst L. Mariani forecasts that the company will post earnings of $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 research firms have also commented on PR. Piper Sandler lifted their price objective on Permian Resources from $20.00 to $21.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 29th. Morgan Stanley began coverage on shares of Permian Resources in a research note on Friday, January 10th. They issued an “overweight” rating and a $19.00 price objective on the stock. Finally, Truist Financial lifted their target price on shares of Permian Resources from $20.00 to $23.00 and gave the stock a “buy” rating in a research note on Monday, January 13th. Two research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $19.13.
Permian Resources Stock Performance
NYSE PR opened at $14.09 on Friday. The company has a market capitalization of $11.32 billion, a price-to-earnings ratio of 8.54, a PEG ratio of 4.05 and a beta of 4.28. The stock has a fifty day simple moving average of $14.70 and a 200 day simple moving average 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 has a twelve month low of $12.62 and a twelve month high of $18.28.
Permian Resources Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.26%. The ex-dividend date of this dividend is Monday, March 17th. Permian Resources’s dividend payout ratio is currently 36.36%.
Insider Activity
In other news, CFO Guy M. Oliphint sold 8,761 shares of the company’s stock in a transaction on Friday, January 3rd. The shares were sold at an average price of $15.30, for a total value of $134,043.30. Following the completion of the sale, the chief financial officer now owns 134,617 shares in the company, valued at $2,059,640.10. This represents a 6.11 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 12.80% of the company’s stock.
Hedge Funds Weigh In On Permian Resources
Hedge funds have recently modified their holdings of the company. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in shares of Permian Resources during the 4th quarter worth $431,676,000. Price T Rowe Associates Inc. MD raised its holdings in shares of Permian Resources by 60.4% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 32,674,171 shares of the company’s stock worth $469,856,000 after purchasing an additional 12,306,854 shares during the period. Dimensional Fund Advisors LP grew its holdings in Permian Resources by 55.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 11,813,363 shares of the company’s stock valued at $169,864,000 after purchasing an additional 4,236,141 shares during the period. Freestone Grove Partners LP purchased a new stake in Permian Resources in the fourth quarter worth $57,114,000. Finally, Invesco Ltd. raised its stake in shares of Permian Resources by 56.1% in the fourth quarter. Invesco Ltd. now owns 7,920,750 shares of the company’s stock valued at $113,900,000 after buying an additional 2,845,449 shares during the period. Institutional investors 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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