Capital One Financial Has Negative Outlook of PR Q2 Earnings

Permian Resources Co. (NYSE:PR - Free Report) - Research analysts at Capital One Financial decreased their Q2 2025 earnings per share (EPS) estimates for shares of Permian Resources in a report issued on Thursday, May 15th. Capital One Financial analyst P. Johnston now expects that the company will post earnings of $0.35 per share for the quarter, down from their previous estimate of $0.36. The consensus estimate for Permian Resources' current full-year earnings is $1.45 per share.

Permian Resources (NYSE:PR - Get Free Report) last posted its earnings results on Wednesday, May 7th. The company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.02). The business had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.37 billion. Permian Resources had a return on equity of 11.15% and a net margin of 21.20%. The business's revenue was up 10.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.25 earnings per share.

Other equities research analysts have also recently issued reports about the stock. Piper Sandler decreased their price objective on shares of Permian Resources from $20.00 to $19.00 and set an "overweight" rating for the company in a report on Tuesday, May 13th. Royal Bank of Canada upped their price target on Permian Resources from $16.00 to $17.00 and gave the stock an "outperform" rating in a research note on Friday, May 16th. Bank of America upped their target price on Permian Resources from $15.00 to $16.00 and gave the stock a "buy" rating in a research report on Friday. JPMorgan Chase & Co. decreased their target price on Permian Resources from $21.00 to $18.00 and set an "overweight" rating for the company in a research report on Thursday, March 13th. Finally, Citigroup downgraded shares of Permian Resources from a "buy" rating to a "reduce" rating in a report on Wednesday, March 5th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $18.56.

Permian Resources Stock Down 1.1%

PR stock traded down $0.14 during trading hours on Monday, hitting $12.71. The company's stock had a trading volume of 6,310,562 shares, compared to its average volume of 9,691,058. The company has a market capitalization of $10.21 billion, a PE ratio of 7.70, a price-to-earnings-growth ratio of 4.05 and a beta of 1.20. Permian Resources has a 12 month low of $10.01 and a 12 month high of $16.95. The stock has a 50 day moving average price of $12.55 and a two-hundred day moving average price of $13.88. 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 disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 16th will be given a $0.15 dividend. The ex-dividend date is Monday, June 16th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.72%. Permian Resources's dividend payout ratio is currently 37.04%.

Insider Buying and Selling

In other Permian Resources news, Director William J. Quinn purchased 500,000 shares of the business's stock in a transaction on Monday, March 3rd. The stock was purchased at an average price 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 in the company, valued at approximately $10,618,447.03. This trade represents a 160.04% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Guy M. Oliphint sold 4,150 shares of the firm's stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $13.99, for a total value of $58,058.50. Following the transaction, the chief financial officer now owns 130,467 shares of the company's stock, valued at $1,825,233.33. This trade represents a 3.08% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 9,685 shares of company stock valued at $135,687 over the last ninety days. 6.44% of the stock is owned by company insiders.

Hedge Funds Weigh In On Permian Resources

Institutional investors have recently added to or reduced their stakes in the company. Kingsview Wealth Management LLC bought a new position in Permian Resources during the 4th quarter valued at about $632,000. Charles Schwab Investment Management Inc. raised its stake in shares of Permian Resources by 4.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,339,873 shares of the company's stock valued at $62,407,000 after acquiring an additional 176,320 shares during the last quarter. New York State Teachers Retirement System raised its stake in shares of Permian Resources by 36.9% in the fourth quarter. New York State Teachers Retirement System now owns 269,905 shares of the company's stock valued at $3,881,000 after acquiring an additional 72,726 shares during the last quarter. Perpetual Ltd bought a new position in Permian Resources in the 4th quarter valued at $27,104,000. Finally, Channing Capital Management LLC raised its position in Permian Resources by 286.1% in the 4th quarter. Channing Capital Management LLC now owns 620,138 shares of the company's stock valued at $8,918,000 after purchasing an additional 459,516 shares during the last quarter. 91.84% of the stock is owned by institutional investors.

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.