Q1 Earnings Estimate for PR Issued By Capital One Financial

Permian Resources Co. (NYSE:PR) – Stock analysts at Capital One Financial increased their Q1 2025 earnings estimates for Permian Resources in a research report issued to clients and investors on Wednesday, January 8th. Capital One Financial analyst P. Johnston now anticipates that the company will post earnings per share of $0.39 for the quarter, up from their previous estimate of $0.32. The consensus estimate for Permian Resources’ current full-year earnings is $1.47 per share. Capital One Financial also issued estimates for Permian Resources’ Q2 2025 earnings at $0.42 EPS and Q3 2025 earnings at $0.43 EPS.

Permian Resources (NYSE:PR) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.21. The company had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.22 billion. Permian Resources had a return on equity of 11.15% and a net margin of 21.20%. The business’s quarterly revenue was up 60.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.36 earnings per share.

A number of other research firms have also recently issued reports on PR. Royal Bank of Canada restated an “outperform” rating and set a $17.00 price target on shares of Permian Resources in a report on Monday, October 14th. Morgan Stanley initiated coverage on Permian Resources in a research note on Friday. They set an “overweight” rating and a $19.00 price objective on the stock. Truist Financial upped their target price on Permian Resources from $18.00 to $20.00 and gave the company a “buy” rating in a report on Friday, November 8th. Piper Sandler lowered their price objective on shares of Permian Resources from $21.00 to $20.00 and set an “overweight” rating on the stock in a research report on Tuesday, December 17th. Finally, Wells Fargo & Company cut their price target on Permian Resources from $22.00 to $21.00 and set an “overweight” rating for the company in a research note on Tuesday, October 1st. Two research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Permian Resources has an average rating of “Moderate Buy” and a consensus price target of $18.88.

Permian Resources Price Performance

PR stock opened at $15.15 on Friday. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.40. The firm has a market cap of $12.17 billion, a price-to-earnings ratio of 9.18, a PEG ratio of 0.88 and a beta of 4.32. The company’s fifty day simple moving average is $14.79 and its 200 day simple moving average is $14.66. Permian Resources has a 12-month low of $12.59 and a 12-month high of $18.28.

Permian Resources Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were issued a $0.15 dividend. The ex-dividend date of this dividend was Thursday, November 14th. This is an increase from Permian Resources’s previous quarterly dividend of $0.06. This represents a $0.60 dividend on an annualized basis and a yield of 3.96%. Permian Resources’s payout ratio is currently 36.36%.

Insider Transactions at Permian Resources

In other Permian Resources news, CFO Guy M. Oliphint sold 8,761 shares of the company’s stock in a transaction that occurred on Friday, January 3rd. The shares were sold at an average price of $15.30, for a total transaction of $134,043.30. Following the transaction, the chief financial officer now owns 134,617 shares in the company, valued at approximately $2,059,640.10. This represents a 6.11 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 12.80% of the company’s stock.

Institutional Investors Weigh In On Permian Resources

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. State Street Corp increased its holdings in Permian Resources by 6.1% in the third quarter. State Street Corp now owns 22,027,153 shares of the company’s stock valued at $299,790,000 after buying an additional 1,263,460 shares in the last quarter. Massachusetts Financial Services Co. MA increased its stake in shares of Permian Resources by 9.3% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 18,151,477 shares of the company’s stock valued at $247,042,000 after purchasing an additional 1,543,854 shares in the last quarter. Geode Capital Management LLC raised its holdings in Permian Resources by 17.6% in the 3rd quarter. Geode Capital Management LLC now owns 10,941,937 shares of the company’s stock worth $148,957,000 after purchasing an additional 1,638,618 shares during the period. Renaissance Technologies LLC boosted its position in Permian Resources by 20.6% during the second quarter. Renaissance Technologies LLC now owns 9,108,803 shares of the company’s stock worth $147,107,000 after purchasing an additional 1,555,884 shares in the last quarter. Finally, Jennison Associates LLC grew its holdings in Permian Resources by 14.5% in the third quarter. Jennison Associates LLC now owns 7,647,329 shares of the company’s stock valued at $104,080,000 after purchasing an additional 966,940 shares during the period. 91.84% of the stock is owned by institutional investors and hedge funds.

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.