Equities Analysts Offer Predictions for PR Q1 Earnings

Permian Resources Co. (NYSE:PR - Free Report) - Analysts at Roth Capital dropped their Q1 2026 earnings estimates for Permian Resources in a report released on Monday, April 14th. Roth Capital analyst L. Mariani now anticipates that the company will earn $0.31 per share for the quarter, down from their prior forecast of $0.37. The consensus estimate for Permian Resources' current full-year earnings is $1.45 per share. Roth Capital also issued estimates for Permian Resources' Q2 2026 earnings at $0.27 EPS, Q3 2026 earnings at $0.33 EPS, Q4 2026 earnings at $0.36 EPS and FY2026 earnings at $1.27 EPS.

A number of other brokerages have also recently commented on PR. Truist Financial raised their price objective on shares of Permian Resources from $20.00 to $23.00 and gave the stock a "buy" rating in a research note on Monday, January 13th. JPMorgan Chase & Co. dropped their price objective on Permian Resources from $21.00 to $18.00 and set an "overweight" rating on the stock in a report on Thursday, March 13th. Bank of America dropped their price target on shares of Permian Resources from $19.00 to $17.00 and set a "buy" rating on the stock in a research note on Tuesday, April 1st. Citigroup downgraded shares of Permian Resources from a "buy" rating to a "reduce" rating in a research report on Wednesday, March 5th. Finally, Piper Sandler cut their price objective on Permian Resources from $21.00 to $20.00 and set an "overweight" rating for the company in a research note on Thursday, March 6th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat.com, Permian Resources currently has an average rating of "Moderate Buy" and a consensus target price of $18.73.

Permian Resources Stock Performance

Shares of NYSE PR traded down $0.46 during trading on Wednesday, reaching $11.57. 3,913,490 shares of the company traded hands, compared to its average volume of 9,676,432. Permian Resources has a 12-month low of $10.01 and a 12-month high of $17.62. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.40. The stock has a market cap of $9.30 billion, a P/E ratio of 7.01, a PEG ratio of 4.05 and a beta of 3.81. The firm's fifty day simple moving average is $13.02 and its 200 day simple moving average is $14.12.

Permian Resources Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were paid a $0.15 dividend. The ex-dividend date of this dividend was Monday, March 17th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.19%. Permian Resources's payout ratio is presently 41.96%.

Insider Activity at Permian Resources

In other Permian Resources news, EVP John Charles Bell sold 2,804 shares of the company's stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $14.03, for a total transaction of $39,340.12. Following the sale, the executive vice president now owns 74,433 shares in the company, valued at $1,044,294.99. This represents a 3.63 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director William J. Quinn acquired 500,000 shares of the stock in a transaction dated Monday, March 3rd. The shares were bought at an average cost of $13.07 per share, with a total value of $6,535,000.00. Following the completion of the transaction, the director now owns 812,429 shares of the company's stock, valued at approximately $10,618,447.03. This represents a 160.04 % increase in their position. The disclosure for this purchase can be found here. Insiders sold 9,685 shares of company stock worth $135,687 in the last three months. 12.80% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in PR. Vanguard Group Inc. raised its stake in Permian Resources by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 65,680,607 shares of the company's stock valued at $944,487,000 after buying an additional 870,622 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in shares of Permian Resources by 60.4% in 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 buying an additional 12,306,854 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in Permian Resources during the 4th quarter worth $431,676,000. Massachusetts Financial Services Co. MA grew its holdings in shares of Permian Resources by 1.6% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 18,442,921 shares of the company's stock worth $265,209,000 after purchasing an additional 291,444 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of Permian Resources by 7.2% during the fourth quarter. Bank of New York Mellon Corp now owns 13,631,747 shares of the company's stock worth $196,025,000 after purchasing an additional 909,740 shares in the last quarter. Institutional investors and hedge funds own 91.84% of the company's stock.

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.