James Walter Sells 310,003 Shares of Permian Resources (NYSE:PR) Stock

Permian Resources Corporation (NYSE:PR) CEO James Walter sold 310,003 shares of the business’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $13.74, for a total value of $4,259,441.22. Following the completion of the sale, the chief executive officer directly owned 1,477,838 shares in the company, valued at $20,305,494.12. This trade represents a 17.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Permian Resources Trading Up 4.4%

NYSE PR opened at $14.10 on Friday. Permian Resources Corporation has a 12 month low of $10.01 and a 12 month high of $16.03. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.31. The stock’s fifty day moving average price is $13.93 and its 200-day moving average price is $13.62. The stock has a market cap of $11.69 billion, a P/E ratio of 12.93 and a beta of 0.66.

Permian Resources (NYSE:PR) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.22). Permian Resources had a return on equity of 11.03% and a net margin of 15.65%.The firm had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.33 billion. During the same quarter in the previous year, the firm earned $0.53 EPS. The business’s revenue for the quarter was up 8.7% on a year-over-year basis. As a group, equities analysts forecast that Permian Resources Corporation will post 1.45 EPS for the current fiscal year.

Permian Resources Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 17th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Wednesday, December 17th. Permian Resources’s dividend payout ratio is currently 55.05%.

Trending Headlines about Permian Resources

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

Analysts Set New Price Targets

PR has been the subject of a number of recent analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Permian Resources in a report on Monday, December 29th. The Goldman Sachs Group lifted their target price on Permian Resources from $17.00 to $18.00 and gave the stock a “buy” rating in a report on Friday, November 14th. Piper Sandler decreased their price target 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. Royal Bank Of Canada upped their price target on Permian Resources from $17.00 to $18.00 and gave the company an “outperform” rating in a report on Thursday, October 9th. Finally, Scotiabank assumed coverage on Permian Resources in a report on Friday, September 19th. They issued a “sector outperform” rating and a $21.00 price objective for the company. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $19.07.

Institutional Trading of Permian Resources

A number of hedge funds have recently bought and sold shares of PR. Farther Finance Advisors LLC boosted its position in Permian Resources by 114.1% in the third quarter. Farther Finance Advisors LLC now owns 1,965 shares of the company’s stock worth $25,000 after purchasing an additional 1,047 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its position 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 valued at $31,000 after purchasing an additional 1,391 shares during the last quarter. FNY Investment Advisers LLC bought a new position in shares of Permian Resources in the 2nd quarter worth approximately $36,000. Parkside Financial Bank & Trust boosted its holdings in shares of Permian Resources by 90.8% in the second quarter. Parkside Financial Bank & Trust now owns 2,852 shares of the company’s stock worth $39,000 after buying an additional 1,357 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Permian Resources by 204.3% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 3,825 shares of the company’s stock worth $52,000 after buying an additional 2,568 shares during the last quarter. Hedge funds and other institutional investors own 91.84% of the company’s stock.

Permian Resources Company Profile

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.