Permian Resources Corporation (NYSE:PR – Get Free Report) EVP Guy Oliphint sold 172,904 shares of the business’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $13.63, for a total value of $2,356,681.52. Following the completion of the sale, the executive vice president owned 616,683 shares in the company, valued at $8,405,389.29. This represents a 21.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Permian Resources Price Performance
Shares of NYSE:PR opened at $14.10 on Friday. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $11.69 billion, a PE ratio of 12.93 and a beta of 0.66. Permian Resources Corporation has a twelve month low of $10.01 and a twelve month high of $16.03. The company has a 50-day moving average price of $13.93 and a two-hundred day moving average price of $13.62.
Permian Resources (NYSE:PR – Get Free Report) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.22). Permian Resources had a net margin of 15.65% and a return on equity of 11.03%. The business had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.33 billion. During the same period last year, the firm earned $0.53 EPS. The business’s revenue for the quarter was up 8.7% on a year-over-year basis. Equities analysts forecast that Permian Resources Corporation will post 1.45 EPS for the current year.
Permian Resources Dividend Announcement
Institutional Investors Weigh In On Permian Resources
A number of institutional investors and hedge funds have recently bought and sold shares of PR. Vanguard Group Inc. lifted its position in Permian Resources by 10.4% during the third quarter. Vanguard Group Inc. now owns 71,463,525 shares of the company’s stock valued at $914,733,000 after purchasing an additional 6,705,644 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Permian Resources by 20.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 27,101,840 shares of the company’s stock valued at $346,919,000 after buying an additional 4,691,280 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Permian Resources by 86.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 23,963,307 shares of the company’s stock worth $326,380,000 after acquiring an additional 11,133,354 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in shares of Permian Resources by 8.3% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 18,453,672 shares of the company’s stock worth $236,207,000 after acquiring an additional 1,421,059 shares during the last quarter. Finally, Boston Partners grew its position in Permian Resources by 76.2% in the third quarter. Boston Partners now owns 17,350,663 shares of the company’s stock worth $222,099,000 after acquiring an additional 7,503,654 shares in the last quarter. 91.84% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several research analysts have commented on the company. Piper Sandler cut their target price on Permian Resources from $21.00 to $20.00 and set an “overweight” rating for the company in a research note on Tuesday, November 18th. Mizuho raised their price objective on shares of Permian Resources from $19.00 to $21.00 and gave the company an “outperform” rating in a research report on Friday, December 12th. Wells Fargo & Company reduced their price objective on shares of Permian Resources from $21.00 to $16.00 and set an “overweight” rating for the company in a research note on Friday, October 17th. Royal Bank Of Canada increased their target price on shares of Permian Resources from $17.00 to $18.00 and gave the stock an “outperform” rating in a research note on Thursday, October 9th. Finally, The Goldman Sachs Group raised their price target on shares of Permian Resources from $17.00 to $18.00 and gave the company a “buy” rating in a report on Friday, November 14th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $19.07.
Get Our Latest Stock Report on PR
Permian Resources News Roundup
Here are the key news stories impacting Permian Resources this week:
- Positive Sentiment: Company completed a previously announced corporate reorganization exchanging Class C for Class A shares to better align management ownership with public holders — a governance move often viewed favorably by investors. Permian Resources Completes Previously Announced Corporate Reorganization
- Positive Sentiment: Analyst coverage remains upbeat: multiple recent buy/overweight ratings and a median price target roughly in the high teens to low $20s give upside vs. current levels — supportive for sentiment if oil prices and execution hold. Quiver Quant PR analyst & market summary
- Neutral Sentiment: Social/media chatter highlights Permian basin operational efficiency and speculation about M&A or partnerships; this keeps the story active but is noisy and not a confirmed catalyst. Quiver Quant PR market dynamics
- Negative Sentiment: Multiple senior executives sold large blocks of stock in early January (CEOs William Hickey III and James Walter each executed multi-hundred-thousand-share sales across Jan. 5–6), a significant insider liquidity event that can weigh on sentiment. SEC Form 4 (Hickey)
- Negative Sentiment: EVPs and other officers — including Guy M. Oliphint, John Charles Bell and Robert Regan Shannon — sold meaningful stakes (Oliphint’s recent sales around $4.13M reported separately), and Quiver notes 12 insider sales vs. 0 purchases in the past six months. Persistent selling by multiple insiders is typically viewed negatively by investors. Benzinga: EVP $4.13M sale
- Negative Sentiment: Smaller filings and trade reports capture additional EVP sales (e.g., John Charles Bell sold ~70k shares for ~$966k) — investors should watch SEC Form 4s for timing and whether sales are part of pre-set plans. InsiderTrades: Bell sale
About Permian Resources
Permian Resources (NYSE: PR) is an independent exploration and production company focused on the acquisition, development and optimization of oil and natural gas assets in the Permian Basin. The company’s operations encompass all phases of upstream activity, including geological and geophysical analysis, drilling, completion and production. By employing horizontal drilling and hydraulic fracturing technologies, Permian Resources aims to efficiently unlock hydrocarbon reserves and deliver consistent production growth.
Headquartered in Oklahoma City, Permian Resources concentrates its asset portfolio in the Delaware and Midland sub-basins of West Texas and southeastern New Mexico.
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