Permian Resources (NYSE:PR) Receives Neutral Rating from Roth Mkm

Roth Mkm reissued their neutral rating on shares of Permian Resources (NYSE:PR) in a research note released on Wednesday morning, MarketBeat reports. Roth Mkm currently has a $22.00 price objective on the stock, up from their prior price objective of $20.00.

A number of other analysts have also recently weighed in on the company. Scotiabank raised Permian Resources to a “strong-buy” rating in a research report on Friday, March 27th. Bank of America reissued a “neutral” rating and issued a $16.00 price objective (down from $17.00) on shares of Permian Resources in a research report on Friday, January 16th. Morgan Stanley lowered their price objective on Permian Resources from $19.00 to $18.00 and set an “overweight” rating for the company in a research report on Friday, January 23rd. The Goldman Sachs Group raised their price objective on Permian Resources from $17.00 to $22.00 and gave the stock a “buy” rating in a research report on Wednesday, March 11th. Finally, Benchmark cut Permian Resources from a “buy” rating to a “hold” rating in a research report on Thursday, March 5th. Five investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $21.69.

Permian Resources Trading Down 4.0%

Shares of NYSE:PR opened at $20.55 on Wednesday. Permian Resources has a 12-month low of $10.01 and a 12-month high of $21.99. The business’s fifty day simple moving average is $18.75 and its 200-day simple moving average is $15.43. The company has a market capitalization of $17.18 billion, a PE ratio of 16.44, a P/E/G ratio of 3.15 and a beta of 0.56. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.31.

Permian Resources (NYSE:PR) last announced its quarterly earnings results on Wednesday, February 25th. The company reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.09. Permian Resources had a return on equity of 10.83% and a net margin of 18.46%.The business had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same period last year, the business posted $0.36 EPS. The business’s revenue was down 9.8% compared to the same quarter last year. As a group, equities research analysts predict that Permian Resources will post 1.45 earnings per share for the current fiscal year.

Permian Resources Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th were given a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend was Tuesday, March 17th. This is a positive change from Permian Resources’s previous quarterly dividend of $0.15. Permian Resources’s payout ratio is 51.20%.

Insider Activity at Permian Resources

In other Permian Resources news, CEO James H. Walter sold 673,425 shares of Permian Resources stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $18.38, for a total transaction of $12,377,551.50. Following the completion of the sale, the chief executive officer owned 9,389,405 shares of the company’s stock, valued at approximately $172,577,263.90. The trade was a 6.69% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Jeffrey Tepper sold 50,000 shares of Permian Resources stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $19.38, for a total value of $969,000.00. Following the sale, the director directly owned 150,546 shares of the company’s stock, valued at approximately $2,917,581.48. This represents a 24.93% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 3,130,066 shares of company stock worth $58,837,655 in the last quarter. 6.44% of the stock is owned by insiders.

Institutional Trading of Permian Resources

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC lifted its position in Permian Resources by 114.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,965 shares of the company’s stock worth $25,000 after acquiring an additional 1,047 shares during the period. SHP Wealth Management acquired a new stake in Permian Resources during the 4th quarter worth about $27,000. Los Angeles Capital Management LLC acquired a new stake in Permian Resources during the 4th quarter worth about $39,000. State of Wyoming lifted its position in Permian Resources by 126.8% during the 4th quarter. State of Wyoming now owns 2,933 shares of the company’s stock worth $41,000 after acquiring an additional 1,640 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its position in Permian Resources by 340.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,170 shares of the company’s stock worth $57,000 after acquiring an additional 3,224 shares during the period. Institutional investors and hedge funds own 91.84% of the company’s stock.

Key Headlines Impacting Permian Resources

Here are the key news stories impacting Permian Resources this week:

• Positive Sentiment: KeyCorp began coverage with an “Overweight” / Outperform stance and a $25 price target (announced 4/7). That target implies material upside versus recent levels and appears to have spurred follow‑through coverage/upgrades. KeyCorp Overweight Coverage
• Positive Sentiment: KeyBanc initiated coverage with an “Overweight” (Overweight/Outperform) view citing a “higher‑for‑longer” outlook on WTI crude — a tailwind for Permian E&Ps. KeyBanc Initiates Coverage
• Positive Sentiment: KeyCorp (separate note) upgraded to “Strong‑Buy” and published refreshed quarterly and FY2026/FY2027 EPS forecasts (e.g., FY2026 $2.18; FY2027 $2.28), signaling expectations for accelerating earnings that support higher valuations. KeyCorp Strong‑Buy & Estimates
• Neutral Sentiment: Roth MKM reaffirmed a “Neutral” rating but raised its price target to $22 from $20 — a modest lift to fair‑value expectations but not a full upgrade. Roth MKM Reaffirms Neutral

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.