Permian Resources (NYSE:PR) Research Coverage Started at Stifel Nicolaus

Posted by George Bondi on Sep 13th, 2026

Stifel Nicolaus initiated coverage on shares of Permian Resources (NYSE:PR – Free Report) in a research report sent to investors on Thursday morning. The brokerage issued a buy rating and a $30.00 price target on the stock.

A number of other brokerages have also recently weighed in on PR. Citigroup reduced their price target on Permian Resources from $26.00 to $24.00 and set a “buy” rating for the company in a research report on Wednesday, July 15th. UBS Group cut their price objective on Permian Resources from $25.00 to $24.00 and set a “buy” rating on the stock in a research note on Friday, July 17th. Roth Capital set a $23.00 target price on Permian Resources and gave the stock a “buy” rating in a report on Monday, June 22nd. Truist Financial upped their target price on Permian Resources from $22.00 to $24.00 and gave the stock a “buy” rating in a research report on Monday, August 10th. Finally, Weiss Ratings upgraded Permian Resources from a “hold (c+)” rating to a “buy (b)” rating in a report on Thursday, August 13th. Six research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $24.00.

Get Our Latest Report on Permian Resources

Permian Resources Stock Performance

Shares of PR opened at $23.77 on Thursday. The firm has a market cap of $19.91 billion, a price-to-earnings ratio of 15.75 and a beta of 0.49. The company’s fifty day moving average is $21.54 and its 200-day moving average is $20.40. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.25. Permian Resources has a 12 month low of $11.92 and a 12 month high of $24.20.

Permian Resources (NYSE:PR – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.10. The business had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.66 billion. Permian Resources had a net margin of 21.52% and a return on equity of 13.47%. Permian Resources’s quarterly revenue was up 55.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.28 EPS. Equities analysts expect that Permian Resources will post 2.27 EPS for the current fiscal year.

Permian Resources Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be given a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Wednesday, September 16th. Permian Resources’s dividend payout ratio (DPR) is currently 42.38%.

Insider Transactions at Permian Resources

In related news, EVP Guy M. Oliphint sold 5,103 shares of the stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $23.75, for a total transaction of $121,196.25. Following the completion of the sale, the executive vice president owned 537,400 shares in the company, valued at $12,763,250. This represents a 0.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Robert Shannon sold 5,104 shares of the firm’s stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $23.75, for a total value of $121,220.00. Following the completion of the sale, the executive vice president directly owned 1,346,698 shares in the company, valued at $31,984,077.50. This trade represents a 0.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 15,699 shares of company stock worth $372,851. Company insiders own 5.00% of the company’s stock.

Institutional Investors Weigh In On Permian Resources

Hedge funds have recently modified their holdings of the business. Meiji Yasuda Asset Management Co Ltd. grew its stake in shares of Permian Resources by 4.0% during the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 15,934 shares of the company’s stock worth $224,000 after acquiring an additional 607 shares in the last quarter. Bessemer Group Inc. increased its position in shares of Permian Resources by 21.3% during the 1st quarter. Bessemer Group Inc. now owns 3,537 shares of the company’s stock worth $76,000 after purchasing an additional 621 shares during the last quarter. Waterloo Capital L.P. increased its position in shares of Permian Resources by 3.1% during the 4th quarter. Waterloo Capital L.P. now owns 21,773 shares of the company’s stock worth $305,000 after purchasing an additional 657 shares during the last quarter. Dean Investment Associates LLC raised its stake in shares of Permian Resources by 0.3% during the 4th quarter. Dean Investment Associates LLC now owns 265,615 shares of the company’s stock worth $3,727,000 after purchasing an additional 922 shares in the last quarter. Finally, Callahan Advisors LLC raised its stake in shares of Permian Resources by 4.8% during the 4th quarter. Callahan Advisors LLC now owns 22,093 shares of the company’s stock worth $310,000 after purchasing an additional 1,004 shares in the last quarter. 91.84% of the stock is owned by institutional investors.

About Permian Resources

(Get Free Report)

Permian Resources Corporation (NYSE: PR) is an independent oil and natural gas company focused on the acquisition, development and production of hydrocarbon resources in the Permian Basin. Its operations are concentrated in the Delaware and Midland basins of West Texas and southeastern New Mexico, where it develops primarily unconventional oil and natural gas properties.

The company’s production includes crude oil, natural gas and natural gas liquids. Permian Resources operates a portfolio of acreage and drilling locations and uses horizontal drilling and hydraulic fracturing technologies to develop its resources.