Capital One Financial Has Strong Outlook for PR Q2 Earnings

Permian Resources Co. (NYSE:PR - Free Report) - Analysts at Capital One Financial boosted their Q2 2025 earnings per share estimates for shares of Permian Resources in a research report issued to clients and investors on Wednesday, April 16th. Capital One Financial analyst P. Johnston now expects that the company will earn $0.36 per share for the quarter, up 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' Q3 2025 earnings at $0.38 EPS, Q4 2025 earnings at $0.39 EPS, FY2025 earnings at $1.53 EPS and FY2026 earnings at $1.31 EPS.

PR has been the topic of a number of other reports. Truist Financial boosted their price target on shares of Permian Resources from $20.00 to $23.00 and gave the stock a "buy" rating in a report on Monday, January 13th. Bank of America decreased their price objective on Permian Resources from $19.00 to $17.00 and set a "buy" rating for the company in a report on Tuesday, April 1st. Williams Trading set a $19.00 price objective on shares of Permian Resources in a report on Wednesday, March 5th. Citigroup cut shares of Permian Resources from a "buy" rating to a "reduce" rating in a research note on Wednesday, March 5th. Finally, JPMorgan Chase & Co. dropped their target price on Permian Resources from $21.00 to $18.00 and set an "overweight" rating on the stock in a research report on Thursday, March 13th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $18.67.

Permian Resources Stock Performance

Shares of Permian Resources stock traded up $0.09 during mid-day trading on Friday, hitting $11.95. 5,858,290 shares of the stock were exchanged, compared to its average volume of 9,696,981. The company has a market capitalization of $9.60 billion, a P/E ratio of 7.24, a P/E/G ratio of 4.05 and a beta of 3.81. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.68 and a current ratio of 0.68. The company has a 50-day simple moving average of $12.92 and a 200 day simple moving average of $14.08. Permian Resources has a 12 month low of $10.01 and a 12 month high of $17.62.

Institutional Trading of Permian Resources

Several large investors have recently modified their holdings of PR. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in shares of Permian Resources in the fourth quarter worth approximately $431,676,000. Price T Rowe Associates Inc. MD grew its position in shares of Permian Resources by 60.4% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 32,674,171 shares of the company's stock valued at $469,856,000 after acquiring an additional 12,306,854 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Permian Resources by 55.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 11,813,363 shares of the company's stock worth $169,864,000 after purchasing an additional 4,236,141 shares in the last quarter. Freestone Grove Partners LP bought a new position in shares of Permian Resources in the fourth quarter worth about $57,114,000. Finally, Invesco Ltd. increased 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 worth $113,900,000 after purchasing an additional 2,845,449 shares in the last quarter. Institutional investors own 91.84% of the company's stock.

Insider Transactions at Permian Resources

In related news, CAO Robert Regan Shannon sold 2,731 shares of the company's stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $14.02, for a total value of $38,288.62. Following the transaction, the chief accounting officer now directly owns 58,668 shares of the company's stock, valued at approximately $822,525.36. This represents a 4.45 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Guy M. Oliphint sold 4,150 shares of the business's stock in a transaction 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 completion of the transaction, the chief financial officer now owns 130,467 shares of the company's stock, valued at $1,825,233.33. This 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 in the last quarter. 12.80% of the stock is owned by insiders.

Permian Resources Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were given a $0.15 dividend. The ex-dividend date was Monday, March 17th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.02%. Permian Resources's dividend payout ratio is currently 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.