Insider Selling: Permian Resources (NYSE:PR) EVP Sells $966,695.04 in Stock

Permian Resources Corporation (NYSE:PR) EVP Robert Regan Shannon sold 70,254 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $13.76, for a total value of $966,695.04. Following the completion of the sale, the executive vice president directly owned 467,072 shares in the company, valued at approximately $6,426,910.72. This trade represents a 13.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Robert Regan Shannon also recently made the following trade(s):

• On Tuesday, January 6th, Robert Regan Shannon sold 106,405 shares of Permian Resources stock. The shares were sold at an average price of $13.63, for a total transaction of $1,450,300.15.

Permian Resources Stock Performance

Shares of NYSE PR opened at $14.06 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 market cap of $11.66 billion, a PE ratio of 12.89 and a beta of 0.66. The stock has a 50 day simple moving average of $13.96 and a 200-day simple moving average of $13.62. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.31.

Permian Resources (NYSE:PR) last posted its quarterly earnings data 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 company had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.33 billion. During the same quarter last year, the business earned $0.53 earnings per share. The company’s revenue was up 8.7% on a year-over-year basis. On average, equities research analysts forecast that Permian Resources Corporation will post 1.45 EPS for the current year.

Permian Resources Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 17th were issued a $0.15 dividend. The ex-dividend date was Wednesday, December 17th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.3%. Permian Resources’s dividend payout ratio is presently 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 and public holders — a governance step that can reduce structural overhang. Permian Resources Completes Corporate Reorganization
• Positive Sentiment: Wall Street coverage remains constructive with multiple buy/overweight ratings and mid-to-high‑teens/low‑$20s price targets — supportive if commodity prices and execution stay favorable. Quiver Quant PR analyst & market summary
• Positive Sentiment: Permian pays a meaningful dividend (recent quarterly $0.15; ~4.3–4.4% yield) that can attract income-oriented holders and provide floor support to the share price. MarketBeat Permian Resources profile
• Neutral Sentiment: Social and message‑board chatter highlights operational strength in the Permian Basin and speculation about M&A or partnerships — interesting for sentiment but not a confirmed near‑term catalyst. Quiver Quant market dynamics
• Negative Sentiment: Multiple senior executives executed large sales in early January (CEOs William Hickey III and James Walter each sold multi‑hundred‑thousand‑share blocks across Jan. 5–6), creating a notable insider liquidity event that can pressure sentiment. SEC Form 4 (Hickey)
• Negative Sentiment: EVPs and other officers (Guy Oliphint, John Charles Bell, Robert Regan Shannon, etc.) also sold significant stakes (individual sales in the ~$1M–$4M range), adding to the volume and signaling broad insider distribution. InsiderTrades: Oliphint sale alert
• Negative Sentiment: Data aggregators note a pattern of insider selling (about a dozen reported insider sales and few/zero purchases over recent months), which investors typically interpret as a negative signal until explained as pre‑arranged/planned transactions. Quiver Quant insider trading summary

Hedge Funds Weigh In On Permian Resources

Several large investors have recently made changes to their positions in PR. Bank of New York Mellon Corp boosted its stake in 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 valued at $326,380,000 after purchasing an additional 11,133,354 shares during the period. Boston Partners acquired a new stake in shares of Permian Resources in the second quarter worth $134,119,000. Vanguard Group Inc. increased 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 worth $914,733,000 after acquiring an additional 6,705,644 shares during the period. Millennium Management LLC raised its stake in Permian Resources by 210.6% during the 3rd quarter. Millennium Management LLC now owns 9,850,059 shares of the company’s stock valued at $126,081,000 after purchasing an additional 6,678,814 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in 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 purchasing an additional 4,691,280 shares during the last quarter. Institutional investors and hedge funds own 91.84% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on PR shares. Morgan Stanley restated an “overweight” rating on shares of Permian Resources in a report on Thursday, November 20th. UBS Group increased their target price on shares of Permian Resources from $17.00 to $19.00 and gave the stock a “buy” rating in a research report on Friday, December 12th. Piper Sandler decreased their target price on shares of Permian Resources from $21.00 to $20.00 and set an “overweight” rating for the company in a research note on Tuesday, November 18th. Wall Street Zen upgraded shares of Permian Resources from a “sell” rating to a “hold” rating in a report on Saturday, November 15th. Finally, Mizuho increased their price objective on Permian Resources from $19.00 to $21.00 and gave the stock an “outperform” rating in a report on Friday, December 12th. 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 company’s stock. According to data from MarketBeat, Permian Resources has a consensus rating of “Moderate Buy” and an average 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.