What is Capital One Financial's Estimate for PR Q2 Earnings?

Permian Resources Corporation (NYSE:PR - Free Report) - Research analysts at Capital One Financial cut their Q2 2025 earnings per share (EPS) estimates for shares of Permian Resources in a research report issued on Monday, July 21st. Capital One Financial analyst P. Johnston now forecasts that the company will post earnings of $0.26 per share for the quarter, down from their previous forecast of $0.31. 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 $1.46 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 company had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.37 billion. Permian Resources had a return on equity of 11.96% and a net margin of 22.74%. The firm's revenue for the quarter was up 10.7% compared to the same quarter last year. During the same period last year, the firm earned $0.25 EPS.

A number of other research firms have also weighed in on PR. Wells Fargo & Company decreased their target price on Permian Resources from $21.00 to $20.00 and set an "overweight" rating on the stock in a report on Monday, June 16th. Susquehanna boosted their target price on Permian Resources from $19.00 to $20.00 and gave the stock a "positive" rating in a report on Wednesday. TD Cowen raised Permian Resources to a "strong-buy" rating in a report on Monday, July 7th. Piper Sandler boosted their target price on Permian Resources from $19.00 to $20.00 and gave the stock an "overweight" rating in a report on Thursday, July 17th. Finally, Bank of America upped their price objective on Permian Resources from $15.00 to $16.00 and gave the company a "buy" rating in a report on Friday, May 23rd. One investment 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 stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $18.47.

Permian Resources Stock Up 1.3%

Shares of NYSE:PR traded up $0.18 during trading on Tuesday, hitting $13.80. 2,716,393 shares of the company were exchanged, compared to its average volume of 10,024,963. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.34. The stock has a market cap of $11.08 billion, a price-to-earnings ratio of 8.53 and a beta of 1.25. Permian Resources has a fifty-two week low of $10.01 and a fifty-two week high of $16.33. The firm has a fifty day moving average price of $13.70 and a two-hundred day moving average price of $13.56.

Institutional Trading of Permian Resources

A number of institutional investors have recently modified their holdings of PR. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in shares of Permian Resources during the 4th quarter valued at $431,676,000. Nuveen LLC bought a new stake in shares of Permian Resources during the 1st quarter valued at $175,525,000. Price T Rowe Associates Inc. MD lifted 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. Alyeska Investment Group L.P. lifted its position in shares of Permian Resources by 300.3% during the 1st quarter. Alyeska Investment Group L.P. now owns 5,833,001 shares of the company's stock worth $80,787,000 after buying an additional 4,375,930 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of Permian Resources by 55.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 11,813,363 shares of the company's stock worth $169,864,000 after buying an additional 4,236,141 shares during the last quarter. 91.84% of the stock is currently owned by institutional investors.

Permian Resources Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 30th. Stockholders 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 dividend yield of 4.35%. Permian Resources's payout ratio is 37.04%.

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.