Capital One Financial Has Pessimistic View of PR Q2 Earnings

Permian Resources Corporation (NYSE:PR - Free Report) - Research analysts at Capital One Financial reduced their Q2 2025 earnings per share (EPS) estimates for shares of Permian Resources in a report released on Wednesday, July 2nd. Capital One Financial analyst P. Johnston now forecasts that the company will post earnings per share of $0.31 for the quarter, down from their prior estimate of $0.35. The consensus estimate for Permian Resources' current full-year earnings is $1.45 per share. Capital One Financial also issued estimates for Permian Resources' FY2025 earnings at $1.50 EPS, Q1 2026 earnings at $0.35 EPS, Q2 2026 earnings at $0.35 EPS, Q3 2026 earnings at $0.36 EPS, Q4 2026 earnings at $0.37 EPS and FY2026 earnings at $1.43 EPS.

Permian Resources (NYSE:PR - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.02). The firm had revenue of $1.38 billion for the quarter, compared to analysts' expectations of $1.37 billion. Permian Resources had a net margin of 22.74% and a return on equity of 11.96%. The firm'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 firm posted $0.25 EPS.

Several other research firms have also commented on PR. Raymond James Financial reiterated a "strong-buy" rating and set a $23.00 price objective (up from $20.00) on shares of Permian Resources in a research note on Monday, May 19th. JPMorgan Chase & Co. dropped their price target 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. Bank of America upped their price target on Permian Resources from $15.00 to $16.00 and gave the company a "buy" rating in a research report on Friday, May 23rd. Piper Sandler dropped their price target on Permian Resources from $20.00 to $19.00 and set an "overweight" rating for the company in a research report on Tuesday, May 13th. Finally, UBS Group upped their price target on Permian Resources from $14.00 to $16.00 and gave the company a "buy" rating in a research report on Monday, May 12th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $18.33.

Permian Resources Price Performance

NYSE PR traded down $0.28 during trading hours on Friday, reaching $13.78. The company's stock had a trading volume of 7,623,157 shares, compared to its average volume of 9,723,271. The firm has a market capitalization of $11.07 billion, a price-to-earnings ratio of 8.51 and a beta of 1.25. Permian Resources has a 1-year low of $10.01 and a 1-year high of $16.95. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.86 and a quick ratio of 0.86. The company's 50-day moving average is $13.40 and its two-hundred day moving average is $13.60.

Permian Resources Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 16th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.35%. The ex-dividend date was Monday, June 16th. Permian Resources's dividend payout ratio is presently 37.04%.

Hedge Funds Weigh In On Permian Resources

A number of hedge funds and other institutional investors have recently bought and sold shares of PR. Allworth Financial LP boosted its holdings in Permian Resources by 376.7% during the 1st quarter. Allworth Financial LP now owns 2,069 shares of the company's stock valued at $29,000 after acquiring an additional 1,635 shares during the period. Smallwood Wealth Investment Management LLC purchased a new position in Permian Resources during the 1st quarter valued at about $30,000. Rakuten Securities Inc. boosted its holdings in Permian Resources by 1,152.5% during the 4th quarter. Rakuten Securities Inc. now owns 2,505 shares of the company's stock valued at $36,000 after acquiring an additional 2,305 shares during the period. Keystone Global Partners LLC purchased a new position in Permian Resources during the 1st quarter valued at about $36,000. Finally, RE Dickinson Investment Advisors LLC purchased a new position in Permian Resources during the 4th quarter valued at about $41,000. 91.84% of the stock is currently owned by hedge funds and other 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.