Permian Resources (NYSE:PR) EVP Sells $130,435.00 in Stock

Posted by Francis Steltz on Sep 6th, 2026

Permian Resources Corporation (NYSE:PR – Get Free Report) EVP John Bell sold 5,492 shares of the stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $23.75, for a total transaction of $130,435.00. Following the transaction, the executive vice president owned 1,561,680 shares of the company’s stock, valued at $37,089,900. The trade was a 0.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Permian Resources Stock Down 1.5%

Permian Resources stock opened at $23.38 on Friday. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.25. Permian Resources Corporation has a 1-year low of $11.92 and a 1-year high of $24.09. The company has a fifty day simple moving average of $21.00 and a 200 day simple moving average of $20.18. The company has a market cap of $19.58 billion, a P/E ratio of 15.48 and a beta of 0.49.

Permian Resources (NYSE:PR – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.59 by $0.10. Permian Resources had a net margin of 21.52% and a return on equity of 13.47%. The firm had revenue of $1.86 billion for the quarter, compared to analysts’ expectations of $1.66 billion. During the same period in the previous year, the firm posted $0.28 EPS. The company’s revenue for the quarter was up 55.1% on a year-over-year basis. Research analysts anticipate that Permian Resources Corporation will post 2.27 earnings per share for the current fiscal year.

Permian Resources Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th will be issued a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 2.7%. The ex-dividend date is Wednesday, September 16th. Permian Resources’s dividend payout ratio is presently 42.38%.

Hedge Funds Weigh In On Permian Resources

A number of institutional investors have recently bought and sold shares of PR. SHP Wealth Management acquired a new stake in shares of Permian Resources in the fourth quarter valued at approximately $27,000. SJS Investment Consulting Inc. boosted its stake in shares of Permian Resources by 1,862.5% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,413 shares of the company’s stock worth $30,000 after acquiring an additional 1,341 shares during the period. Los Angeles Capital Management LLC acquired a new position in shares of Permian Resources during the 4th quarter worth approximately $39,000. State of Wyoming raised its stake in Permian Resources by 126.8% in the 4th quarter. State of Wyoming now owns 2,933 shares of the company’s stock valued at $41,000 after acquiring an additional 1,640 shares during the period. Finally, Cedar Mountain Advisors LLC bought a new stake in Permian Resources in the 1st quarter valued at $48,000. Institutional investors and hedge funds own 91.84% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on PR shares. Weiss Ratings upgraded Permian Resources from a “hold (c+)” rating to a “buy (b)” rating in a research note on Thursday, August 13th. Zacks Research cut Permian Resources from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 22nd. Evercore started coverage on Permian Resources in a report on Tuesday, June 23rd. They issued an “outperform” rating and a $25.00 price objective for the company. UBS Group lowered their target price on shares of Permian Resources from $25.00 to $24.00 and set a “buy” rating on the stock in a report on Friday, July 17th. Finally, Citigroup dropped their price target on shares of Permian Resources from $26.00 to $24.00 and set a “buy” rating on the stock in a research report on Wednesday, July 15th. Six investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $23.65.

Check Out Our Latest Research Report on Permian Resources

Key Permian Resources News

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

Positive Sentiment: Strong quarterly results: Permian Resources reported adjusted earnings of $0.69 per share, exceeding the $0.59 analyst consensus, while revenue of $1.86 billion surpassed the $1.66 billion estimate and increased 55.1% year over year. The results reinforced the company’s growth outlook and helped drive the post-earnings rally. Permian Resources post-earnings performance
Positive Sentiment: Analyst upgrade: Wells Fargo raised Permian Resources to “strong buy,” adding to an already favorable consensus rating of “Buy.” Six analysts rate the stock a strong buy and 12 rate it a buy, supporting investor confidence.
Positive Sentiment: Dividend support: The company declared a quarterly dividend of $0.16 per share, equivalent to a $0.64 annualized payout and an approximately 2.7% yield. Its 42.38% payout ratio indicates the dividend is supported by current earnings.
Neutral Sentiment: Insider sales were limited and tax-related: Three executive vice presidents sold shares worth roughly $121,000 to $130,000 each. The transactions represented less than 1% of each executive’s holdings and were made to cover tax withholding on vested equity awards, reducing their significance as a bearish signal. Permian Resources insider transactions

About Permian Resources

(Get Free Report)

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.