John Charles Bell Sells 106,399 Shares of Permian Resources (NYSE:PR) Stock

Permian Resources Corporation (NYSE:PR) EVP John Charles Bell sold 106,399 shares of the firm’s stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $13.63, for a total value of $1,450,218.37. Following the sale, the executive vice president directly owned 376,442 shares of the company’s stock, valued at $5,130,904.46. This trade represents a 22.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

John Charles Bell also recently made the following trade(s):

• On Monday, January 5th, John Charles Bell sold 70,249 shares of Permian Resources stock. The shares were sold at an average price of $13.76, for a total value of $966,626.24.

Permian Resources Price Performance

Shares of PR opened at $14.10 on Friday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.67 and a current ratio of 0.67. The firm has a market cap of $11.69 billion, a PE ratio of 12.93 and a beta of 0.66. The firm’s 50 day moving average price is $13.93 and its 200 day moving average price is $13.62. Permian Resources Corporation has a twelve month low of $10.01 and a twelve month high of $16.03.

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

Permian Resources Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 17th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.3%. The ex-dividend date was Wednesday, December 17th. Permian Resources’s dividend payout ratio (DPR) is 55.05%.

Hedge Funds Weigh In On Permian Resources

A number of institutional investors and hedge funds have recently bought and sold shares of PR. Vident Advisory LLC boosted its holdings in Permian Resources by 9.9% in the 1st quarter. Vident Advisory LLC now owns 11,321 shares of the company’s stock valued at $157,000 after purchasing an additional 1,019 shares during the period. Royal Bank of Canada raised its position in shares of Permian Resources by 65.3% during the first quarter. Royal Bank of Canada now owns 1,484,088 shares of the company’s stock valued at $20,555,000 after buying an additional 586,115 shares during the last quarter. EP Wealth Advisors LLC bought a new stake in shares of Permian Resources in the first quarter valued at about $283,000. AQR Capital Management LLC lifted its stake in shares of Permian Resources by 69.2% in the first quarter. AQR Capital Management LLC now owns 149,696 shares of the company’s stock valued at $2,060,000 after buying an additional 61,230 shares during the period. Finally, Alliancebernstein L.P. grew its position in Permian Resources by 13.3% during the first quarter. Alliancebernstein L.P. now owns 1,198,265 shares of the company’s stock worth $16,596,000 after buying an additional 140,791 shares in the last quarter. Institutional investors own 91.84% of the company’s stock.

Permian Resources News Summary

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

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Piper Sandler lowered their price objective on Permian Resources from $21.00 to $20.00 and set an “overweight” rating on the stock in a report on Tuesday, November 18th. The Goldman Sachs Group increased their price target on Permian Resources from $17.00 to $18.00 and gave the company a “buy” rating in a report on Friday, November 14th. Scotiabank assumed coverage on shares of Permian Resources in a research note on Friday, September 19th. They issued a “sector outperform” rating and a $21.00 price objective for the company. Royal Bank Of Canada upped their price objective on shares of Permian Resources from $17.00 to $18.00 and gave the stock an “outperform” rating in a report on Thursday, October 9th. Finally, Mizuho boosted their target price on shares of Permian Resources from $19.00 to $21.00 and gave the stock an “outperform” rating in a research report on Friday, December 12th. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Permian Resources has an average rating of “Moderate Buy” and a consensus target price of $19.07.

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.