Permian Resources (NYSE:PR) EVP Guy Oliphint Sells 5,103 Shares of Stock

Posted by Francis Steltz on Sep 4th, 2026

Permian Resources Corporation (NYSE:PR – Get Free Report) EVP Guy Oliphint sold 5,103 shares of the stock in a transaction dated 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 directly owned 537,400 shares in the company, valued at approximately $12,763,250. This trade represents a 0.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Permian Resources Trading Down 0.4%

Permian Resources stock opened at $23.72 on Friday. Permian Resources Corporation has a 52-week low of $11.92 and a 52-week high of $24.09. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.25. The firm has a market capitalization of $19.87 billion, a price-to-earnings ratio of 15.71 and a beta of 0.49. The firm has a 50-day moving average price of $20.91 and a two-hundred day moving average price of $20.16.

Permian Resources (NYSE:PR – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.10. Permian Resources had a return on equity of 13.47% and a net margin of 21.52%.The business had revenue of $1.86 billion during the quarter, compared to the consensus estimate of $1.66 billion. During the same period in the previous year, the firm posted $0.28 earnings per share. The business’s revenue was up 55.1% on a year-over-year basis. Sell-side analysts expect that Permian Resources Corporation will post 2.24 earnings per share for the current year.

Permian Resources Announces Dividend

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

Wall Street Analyst Weigh In

A number of research analysts have recently commented on PR shares. Zacks Research lowered Permian Resources from a “strong-buy” rating to a “hold” rating in a report on Friday, May 22nd. UBS Group reduced their price objective on shares of Permian Resources from $25.00 to $24.00 and set a “buy” rating for the company in a report on Friday, July 17th. Wells Fargo & Company upgraded shares of Permian Resources to a “strong-buy” rating in a research report on Wednesday. Seaport Research Partners assumed coverage on shares of Permian Resources in a research note on Thursday. They issued a “buy” rating and a $29.00 price target for the company. Finally, Truist Financial raised their price objective on shares of Permian Resources from $22.00 to $24.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Six analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Permian Resources has an average rating of “Buy” and an average target price of $23.65.

View Our Latest Stock Analysis on PR

Hedge Funds Weigh In On Permian Resources

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP increased its stake in Permian Resources by 16.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 31,635,572 shares of the company’s stock worth $443,856,000 after purchasing an additional 4,533,732 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in Permian Resources by 115.5% during the fourth quarter. Bank of New York Mellon Corp now owns 25,153,702 shares of the company’s stock valued at $352,906,000 after buying an additional 13,483,136 shares in the last quarter. State Street Corp lifted its stake in Permian Resources by 2.0% during the fourth quarter. State Street Corp now owns 23,553,393 shares of the company’s stock valued at $330,454,000 after buying an additional 460,158 shares in the last quarter. Wellington Management Group LLP boosted its holdings in shares of Permian Resources by 3.9% in the second quarter. Wellington Management Group LLP now owns 20,156,113 shares of the company’s stock worth $371,074,000 after buying an additional 763,059 shares during the period. Finally, Boston Partners boosted its holdings in shares of Permian Resources by 76.2% in the third quarter. Boston Partners now owns 17,350,663 shares of the company’s stock worth $222,099,000 after buying an additional 7,503,654 shares during the period. Institutional investors and hedge funds own 91.84% of the company’s stock.

Permian Resources Company Profile

(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.