Permian Resources (PR) Expected to Announce Earnings on Wednesday

Permian Resources (NYSE:PR) is expected to be announcing its Q2 2025 earnings results after the market closes on Wednesday, August 6th. Analysts expect the company to announce earnings of $0.27 per share and revenue of $1.23 billion for the quarter.

Permian Resources (NYSE:PR) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.42 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.02). The business had revenue of $1.38 billion during 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 firm’s revenue for the quarter was up 10.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.25 earnings per share. On average, analysts expect Permian Resources to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Permian Resources Stock Up 0.2%

Shares of PR opened at $13.68 on Tuesday. The stock has a market capitalization of $10.99 billion, a price-to-earnings ratio of 8.44 and a beta of 1.32. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.86 and a quick ratio of 0.86. The business’s 50 day simple moving average is $13.84 and its 200-day simple moving average is $13.47. Permian Resources has a 1 year low of $10.01 and a 1 year high of $16.33.

Permian Resources Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 16th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 4.4%. The ex-dividend date was Monday, June 16th. Permian Resources’s dividend payout ratio is currently 37.04%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Piper Sandler upped their price objective on Permian Resources from $19.00 to $20.00 and gave the stock an “overweight” rating in a research note on Thursday, July 17th. TD Cowen raised Permian Resources to a “strong-buy” rating in a report on Monday, July 7th. Susquehanna raised their price objective on Permian Resources from $19.00 to $20.00 and gave the company a “positive” rating in a report on Wednesday, July 23rd. Bank of America raised 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. Finally, Royal Bank Of Canada raised their target price on Permian Resources from $16.00 to $17.00 and gave the company an “outperform” rating in a research report on Friday, May 16th. 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, the stock presently has an average rating of “Buy” and a consensus target price of $18.47.

Institutional Trading of Permian Resources

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Permian Resources by 7.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,209,457 shares of the company’s stock worth $16,751,000 after acquiring an additional 87,105 shares during the period. Goldman Sachs Group Inc. boosted its holdings in shares of Permian Resources by 18.5% during the first quarter. Goldman Sachs Group Inc. now owns 5,452,127 shares of the company’s stock worth $75,512,000 after purchasing an additional 852,347 shares during the last quarter. Finally, AQR Capital Management LLC raised its position in shares of Permian Resources by 69.2% in the 1st quarter. AQR Capital Management LLC now owns 149,696 shares of the company’s stock worth $2,060,000 after buying an additional 61,230 shares during the period. 91.84% of the stock is owned by hedge funds and other institutional investors.

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.