FY2025 EPS Estimates for Permian Resources Co. (NASDAQ:PR) Reduced by Capital One Financial

Permian Resources Co. (NASDAQ:PR) – Research analysts at Capital One Financial reduced their FY2025 earnings per share estimates for Permian Resources in a report issued on Tuesday, September 17th. Capital One Financial analyst P. Johnston now expects that the company will earn $1.38 per share for the year, down from their prior forecast of $1.86. The consensus estimate for Permian Resources’ current full-year earnings is $1.57 per share. Capital One Financial also issued estimates for Permian Resources’ FY2026 earnings at $1.49 EPS.

Permian Resources (NASDAQ:PR) last released its quarterly earnings results on Tuesday, August 6th. The company reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.38 by $0.01. The firm had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.23 billion. Permian Resources had a return on equity of 11.91% and a net margin of 15.62%. The firm’s quarterly revenue was up 99.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.27 EPS.

A number of other research firms have also recently weighed in on PR. Royal Bank of Canada reaffirmed an “outperform” rating and set a $20.00 price objective on shares of Permian Resources in a research report on Monday, August 12th. Mizuho lowered their price objective on shares of Permian Resources from $22.00 to $19.00 and set an “outperform” rating on the stock in a research report on Monday. Citigroup cut their price objective on shares of Permian Resources from $20.00 to $18.00 and set a “buy” rating for the company in a research report on Friday, August 9th. Susquehanna lowered their target price on shares of Permian Resources from $16.00 to $15.00 and set a “neutral” rating on the stock in a report on Wednesday, September 4th. Finally, Bank of America reaffirmed a “buy” rating and issued a $20.00 price objective on shares of Permian Resources in a report on Friday, June 14th. Two research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $19.50.

Permian Resources Stock Performance

Shares of PR opened at $14.02 on Friday. The company’s 50 day simple moving average is $14.61 and its 200-day simple moving average is $15.86. Permian Resources has a 12-month low of $12.34 and a 12-month high of $18.28. The firm has a market cap of $11.25 billion, a PE ratio of 12.75, a price-to-earnings-growth ratio of 0.77 and a beta of 4.33. The company has a current ratio of 0.50, a quick ratio of 0.50 and a debt-to-equity ratio of 0.40.

Institutional Investors Weigh In On Permian Resources

Large investors have recently made changes to their positions in the business. Simplicity Wealth LLC raised its holdings in shares of Permian Resources by 5.2% during the 2nd quarter. Simplicity Wealth LLC now owns 13,150 shares of the company’s stock valued at $212,000 after buying an additional 646 shares during the period. GAMMA Investing LLC lifted its holdings in Permian Resources by 19.6% in the 2nd quarter. GAMMA Investing LLC now owns 4,364 shares of the company’s stock worth $70,000 after buying an additional 716 shares in the last quarter. Azzad Asset Management Inc. ADV increased its position in shares of Permian Resources by 2.0% during the first quarter. Azzad Asset Management Inc. ADV now owns 38,347 shares of the company’s stock worth $677,000 after acquiring an additional 740 shares during the last quarter. Mount Yale Investment Advisors LLC increased its holdings in Permian Resources by 3.1% during the 1st quarter. Mount Yale Investment Advisors LLC now owns 25,690 shares of the company’s stock worth $454,000 after purchasing an additional 781 shares during the last quarter. Finally, Larson Financial Group LLC raised its position in shares of Permian Resources by 0.5% in the 2nd quarter. Larson Financial Group LLC now owns 209,245 shares of the company’s stock valued at $3,379,000 after purchasing an additional 949 shares in the last quarter. Institutional investors and hedge funds own 91.84% of the company’s stock.

Insider Buying and Selling at Permian Resources

In other news, EVP John Charles Bell sold 4,821 shares of the company’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $13.93, for a total transaction of $67,156.53. Following the completion of the transaction, the executive vice president now owns 77,237 shares of the company’s stock, valued at approximately $1,075,911.41. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other Permian Resources news, EVP John Charles Bell sold 4,821 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $13.93, for a total transaction of $67,156.53. Following the completion of the sale, the executive vice president now owns 77,237 shares of the company’s stock, valued at $1,075,911.41. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Robert Regan Shannon sold 4,822 shares of the firm’s stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $13.93, for a total value of $67,170.46. Following the completion of the transaction, the chief accounting officer now owns 61,399 shares in the company, valued at $855,288.07. The disclosure for this sale can be found here. 12.80% of the stock is currently owned by insiders.

Permian Resources Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, August 27th. Investors of record on Monday, August 19th were given a dividend of $0.06 per share. The ex-dividend date was Monday, August 19th. This represents a $0.24 dividend on an annualized basis and a yield of 1.71%. Permian Resources’s dividend payout ratio (DPR) is currently 21.82%.

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.