Capital One Financial Analysts Cut Earnings Estimates for PR

Permian Resources Corporation (NYSE:PR) – Analysts at Capital One Financial decreased their Q2 2025 earnings per share (EPS) estimates for Permian Resources in a research note issued on Monday, July 21st. Capital One Financial analyst P. Johnston now forecasts that the company will earn $0.26 per share for the quarter, down from their prior estimate 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) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.02). The firm had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $1.37 billion. Permian Resources had a return on equity of 11.96% and a net margin of 22.74%. The company’s revenue for the quarter was up 10.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.25 earnings per share.

Other analysts have also recently issued research reports about the stock. Royal Bank Of Canada increased their price target on shares of Permian Resources from $16.00 to $17.00 and gave the company an “outperform” rating in a research note on Friday, May 16th. Raymond James Financial reaffirmed a “strong-buy” rating and set a $23.00 target price (up previously from $20.00) on shares of Permian Resources in a report on Monday, May 19th. Wells Fargo & Company decreased their target price on shares of Permian Resources from $21.00 to $20.00 and set an “overweight” rating on the stock in a research report on Monday, June 16th. UBS Group raised their target price on shares of Permian Resources from $14.00 to $16.00 and gave the company a “buy” rating in a research report on Monday, May 12th. Finally, Morgan Stanley reduced their price objective on shares of Permian Resources from $21.00 to $19.00 and set an “overweight” rating on the stock in a report on Thursday, March 27th. One investment analyst has rated the stock with a sell rating, twelve have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Permian Resources has an average rating of “Buy” and an average target price of $18.40.

Permian Resources Price Performance

Shares of Permian Resources stock opened at $13.52 on Tuesday. The firm has a market cap of $10.86 billion, a PE ratio of 8.34 and a beta of 1.25. Permian Resources has a twelve month low of $10.01 and a twelve month high of $16.33. The business has a 50-day moving average price of $13.72 and a 200 day moving average price of $13.59. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.34.

Institutional Trading of Permian Resources

A number of hedge funds and other institutional investors have recently made changes to their positions in PR. Vanguard Group Inc. grew its position in Permian Resources by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 65,680,607 shares of the company’s stock worth $944,487,000 after buying an additional 870,622 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position 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 worth $469,856,000 after buying an additional 12,306,854 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in shares of Permian Resources in the 4th quarter worth approximately $431,676,000. Massachusetts Financial Services Co. MA grew its position in shares of Permian Resources by 1.6% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 18,442,921 shares of the company’s stock worth $265,209,000 after buying an additional 291,444 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of Permian Resources by 19.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 14,099,726 shares of the company’s stock worth $195,276,000 after buying an additional 2,286,363 shares during the last quarter. 91.84% of the stock is currently owned by institutional investors and hedge funds.

Permian Resources Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 16th were issued a $0.15 dividend. The ex-dividend date was Monday, June 16th. This represents a $0.60 dividend on an annualized basis and a yield of 4.44%. Permian Resources’s dividend payout ratio is currently 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.