Permian Resources (PR) Expected to Announce Earnings on Wednesday

Key Points

• Permian Resources is set to report its Q2 2025 earnings on August 6th, with analysts expecting $0.27 per share in earnings and $1.23 billion in revenue.
• In its last earnings report, the company missed analysts' expectations, posting $0.42 EPS, but its revenue increased by 10.7% year-over-year.
• Analysts have issued positive ratings for the stock, with an average target price of $18.47, indicating strong growth potential.

Permian Resources (NYSE:PR - Get Free Report) is expected to be issuing its Q2 2025 quarterly earnings data after the market closes on Wednesday, August 6th. Analysts expect the company to announce earnings of $0.27 per share and revenue of $1.23 billion for the quarter.

Permian Resources (NYSE:PR - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The company reported $0.42 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.44 by ($0.02). The firm had revenue of $1.38 billion during the quarter, compared to analysts' expectations of $1.37 billion. Permian Resources had a return on equity of 11.96% and a net margin of 22.74%. Permian Resources's revenue for the quarter was up 10.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.25 earnings per share. On average, analysts expect Permian Resources to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Permian Resources Trading Down 3.7%

PR stock traded down $0.53 during trading on Friday, hitting $13.63. 11,324,782 shares of the company traded hands, compared to its average volume of 10,086,202. The firm has a market capitalization of $10.95 billion, a PE ratio of 8.41 and a beta of 1.25. Permian Resources has a 1 year low of $10.01 and a 1 year high of $16.33. The company has a 50-day moving average of $13.80 and a 200-day moving average of $13.53. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.86 and a current ratio of 0.86.

Permian Resources Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 16th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, June 16th. This represents a $0.60 dividend on an annualized basis and a yield of 4.4%. Permian Resources's dividend payout ratio is presently 37.04%.

Institutional Investors Weigh In On Permian Resources

Hedge funds have recently modified their holdings of the company. AQR Capital Management LLC lifted its stake in Permian Resources by 69.2% in the 1st quarter. AQR Capital Management LLC now owns 149,696 shares of the company's stock valued at $2,060,000 after buying an additional 61,230 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in Permian Resources by 18.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 5,452,127 shares of the company's stock valued at $75,512,000 after buying an additional 852,347 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Permian Resources by 7.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,209,457 shares of the company's stock worth $16,751,000 after purchasing an additional 87,105 shares during the last quarter. 91.84% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently issued reports on PR shares. Susquehanna increased their target price on Permian Resources from $19.00 to $20.00 and gave the stock a "positive" rating in a research report on Wednesday, July 23rd. Raymond James Financial reissued a "strong-buy" rating and set a $23.00 price target (up from $20.00) on shares of Permian Resources in a report on Monday, May 19th. The Goldman Sachs Group boosted their price objective on Permian Resources from $14.00 to $16.00 and gave the stock a "buy" rating in a research note on Friday, May 16th. Wells Fargo & Company lowered their price target on Permian Resources from $21.00 to $20.00 and set an "overweight" rating for the company in a report on Monday, June 16th. Finally, TD Cowen raised shares of Permian Resources to a "strong-buy" rating in a research note on Monday, July 7th. One analyst has rated the stock with a sell rating, twelve have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, Permian Resources currently has a consensus rating of "Buy" and an average price target of $18.47.

About Permian Resources

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.