Q1 EPS Estimates for PR Decreased by Capital One Financial

Permian Resources Co. (NYSE:PR) – Equities researchers at Capital One Financial lowered their Q1 2025 earnings per share estimates for shares of Permian Resources in a research report issued on Wednesday, March 19th. Capital One Financial analyst P. Johnston now forecasts that the company will earn $0.36 per share for the quarter, down from their prior estimate of $0.39. The consensus estimate for Permian Resources’ current full-year earnings is $1.45 per share. Capital One Financial also issued estimates for Permian Resources’ Q2 2025 earnings at $0.39 EPS, Q3 2025 earnings at $0.40 EPS, Q4 2025 earnings at $0.41 EPS, FY2025 earnings at $1.55 EPS and FY2026 earnings at $1.50 EPS.

A number of other research firms also recently issued reports on PR. Morgan Stanley initiated coverage on shares of Permian Resources in a research note on Friday, January 10th. They issued an “overweight” rating and a $19.00 price target on the stock. JPMorgan Chase & Co. decreased their price target on Permian Resources from $21.00 to $18.00 and set an “overweight” rating on the stock in a research note on Thursday, March 13th. Piper Sandler lowered their price target on Permian Resources from $21.00 to $20.00 and set an “overweight” rating for the company in a research report on Thursday, March 6th. Susquehanna upgraded Permian Resources from a “neutral” rating to a “positive” rating and boosted their price objective for the company from $17.00 to $20.00 in a report on Wednesday, March 5th. Finally, Truist Financial raised their target price on Permian Resources from $20.00 to $23.00 and gave the company a “buy” rating in a report on Monday, January 13th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $19.31.

Permian Resources Trading Down 1.3 %

NYSE PR opened at $13.79 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.68 and a quick ratio of 0.68. The stock has a market capitalization of $11.08 billion, a P/E ratio of 8.35, a PEG ratio of 4.05 and a beta of 4.30. The firm’s 50-day moving average is $14.30 and its two-hundred day moving average is $14.33. Permian Resources has a 12 month low of $11.84 and a 12 month high of $18.28.

Institutional Trading of Permian Resources

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its stake 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 buying an additional 870,622 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position 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 acquiring an additional 12,306,854 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in shares of Permian Resources during the fourth quarter worth approximately $431,676,000. State Street Corp increased its holdings 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 period. Finally, Massachusetts Financial Services Co. MA raised its position in Permian Resources by 1.6% in 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 purchasing an additional 291,444 shares during the last quarter. Institutional investors and hedge funds own 91.84% of the company’s stock.

Insider Transactions at Permian Resources

In related news, Director William J. Quinn purchased 500,000 shares of the company’s stock in a transaction on Monday, March 3rd. The shares were bought at an average cost of $13.07 per share, for a total transaction of $6,535,000.00. Following the completion of the purchase, the director now directly owns 812,429 shares of the company’s stock, valued at approximately $10,618,447.03. This trade represents a 160.04 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Guy M. Oliphint sold 8,761 shares of the business’s stock in a transaction that occurred 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 sale, the chief financial officer now owns 134,617 shares of the company’s stock, valued at $2,059,640.10. This represents a 6.11 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 18,446 shares of company stock valued at $269,731. Insiders own 12.80% of the company’s stock.

Permian Resources Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be issued a $0.15 dividend. The ex-dividend date is Monday, March 17th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.35%. Permian Resources’s payout ratio is 41.96%.

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.