William Blair Lifts Earnings Estimates for Permian Resources

Permian Resources Corporation (NYSE:PR) – Research analysts at William Blair lifted their Q3 2025 earnings per share estimates for Permian Resources in a research note issued on Monday, October 27th. William Blair analyst N. Dingmann now anticipates that the company will post earnings per share of $0.26 for the quarter, up from their previous estimate of $0.22. William Blair has a “Outperform” rating on the stock. The consensus estimate for Permian Resources’ current full-year earnings is $1.45 per share. William Blair also issued estimates for Permian Resources’ FY2025 earnings at $1.15 EPS, FY2026 earnings at $0.98 EPS, FY2027 earnings at $1.43 EPS, FY2028 earnings at $1.63 EPS and FY2029 earnings at $1.66 EPS.

Permian Resources (NYSE:PR) last released its earnings results on Wednesday, August 6th. The company reported $0.27 earnings per share for the quarter, meeting the consensus estimate of $0.27. Permian Resources had a return on equity of 10.91% and a net margin of 22.41%.The business had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter last year, the business posted $0.39 earnings per share. The business’s quarterly revenue was down 3.9% compared to the same quarter last year.

A number of other analysts also recently issued reports on the company. Morgan Stanley lifted their price target on Permian Resources from $17.00 to $18.00 and gave the stock an “overweight” rating in a report on Monday, August 18th. Mizuho cut their target price on Permian Resources from $20.00 to $19.00 and set an “outperform” rating for the company in a research note on Monday, September 15th. Wall Street Zen cut Permian Resources from a “hold” rating to a “sell” rating in a report on Saturday, August 9th. UBS Group lifted their price objective on Permian Resources from $16.00 to $17.00 and gave the company a “buy” rating in a research report on Wednesday, August 20th. Finally, Scotiabank began coverage on Permian Resources in a research report on Friday, September 19th. They set a “sector outperform” rating and a $21.00 price target for the company. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $18.73.

Permian Resources Trading Down 2.3%

Shares of NYSE PR opened at $12.29 on Tuesday. Permian Resources has a twelve month low of $10.01 and a twelve month high of $16.33. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.34. The stock has a fifty day simple moving average of $13.24 and a 200-day simple moving average of $13.27. The stock has a market capitalization of $9.83 billion, a PE ratio of 7.98 and a beta of 1.32.

Permian Resources Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Tuesday, September 16th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.9%. The ex-dividend date of this dividend was Tuesday, September 16th. Permian Resources’s payout ratio is presently 38.96%.

Insider Buying and Selling

In related news, EVP Robert Regan Shannon sold 4,742 shares of the stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $14.22, for a total transaction of $67,431.24. Following the completion of the sale, the executive vice president directly owned 91,805 shares in the company, valued at approximately $1,305,467.10. This trade represents a 4.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP John Charles Bell sold 4,743 shares of the stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $14.21, for a total transaction of $67,398.03. Following the transaction, the executive vice president directly owned 107,569 shares in the company, valued at $1,528,555.49. The trade was a 4.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 12.80% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Permian Resources

Several institutional investors and hedge funds have recently made changes to their positions in PR. Farther Finance Advisors LLC lifted its position in Permian Resources by 114.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,965 shares of the company’s stock valued at $25,000 after acquiring an additional 1,047 shares in the last quarter. Allworth Financial LP lifted its position in Permian Resources by 376.7% during the 1st quarter. Allworth Financial LP now owns 2,069 shares of the company’s stock worth $29,000 after buying an additional 1,635 shares in the last quarter. Smallwood Wealth Investment Management LLC acquired a new position in shares of Permian Resources during the 1st quarter worth about $30,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of Permian Resources by 154.4% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 2,292 shares of the company’s stock worth $31,000 after purchasing an additional 1,391 shares during the last quarter. Finally, Keystone Global Partners LLC acquired a new position in shares of Permian Resources during the 1st quarter worth about $36,000. Institutional investors and hedge funds own 91.84% of the company’s stock.

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.