Q1 EPS Estimates for Permian Resources Cut by Roth Capital

Permian Resources Co. (NYSE:PR) – Analysts at Roth Capital cut their Q1 2026 earnings per share estimates for shares of Permian Resources in a research note issued on Monday, April 14th. Roth Capital analyst L. Mariani now anticipates that the company will earn $0.31 per share for the quarter, down from their previous estimate of $0.37. The consensus estimate for Permian Resources’ current full-year earnings is $1.45 per share. Roth Capital also issued estimates for Permian Resources’ Q2 2026 earnings at $0.27 EPS, Q3 2026 earnings at $0.33 EPS, Q4 2026 earnings at $0.36 EPS and FY2026 earnings at $1.27 EPS.

Other equities analysts also recently issued research reports about the stock. Williams Trading set a $19.00 price objective on shares of Permian Resources in a report on Wednesday, March 5th. Citigroup cut shares of Permian Resources from a “buy” rating to a “reduce” rating in a research note on Wednesday, March 5th. Truist Financial upped their price target on shares of Permian Resources from $20.00 to $23.00 and gave the stock a “buy” rating in a research report on Monday, January 13th. JPMorgan Chase & Co. decreased their price objective on shares of Permian Resources from $21.00 to $18.00 and set an “overweight” rating on the stock in a research report on Thursday, March 13th. Finally, Royal Bank of Canada dropped their target price on shares of Permian Resources from $18.00 to $16.00 and set an “outperform” rating for the company in a report on Monday. One investment analyst has rated the stock with a sell rating, one has given a hold rating and thirteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $18.73.

Permian Resources Stock Up 0.1 %

Permian Resources stock opened at $11.02 on Wednesday. Permian Resources has a 12 month low of $10.01 and a 12 month high of $17.84. The stock has a fifty day simple moving average of $13.20 and a two-hundred day simple moving average of $14.16. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.40. The firm has a market cap of $8.85 billion, a price-to-earnings ratio of 6.68, a PEG ratio of 4.05 and a beta of 3.81.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the company. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of Permian Resources during the fourth quarter worth about $431,676,000. Price T Rowe Associates Inc. MD grew its stake in shares of Permian Resources by 60.4% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 32,674,171 shares of the company’s stock valued at $469,856,000 after acquiring an additional 12,306,854 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Permian Resources by 55.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 11,813,363 shares of the company’s stock worth $169,864,000 after purchasing an additional 4,236,141 shares during the last quarter. Freestone Grove Partners LP bought a new stake in Permian Resources during the fourth quarter valued at $57,114,000. Finally, Invesco Ltd. lifted its holdings in shares of Permian Resources by 56.1% in the 4th quarter. Invesco Ltd. now owns 7,920,750 shares of the company’s stock worth $113,900,000 after purchasing an additional 2,845,449 shares during the last quarter. 91.84% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Permian Resources

In other news, Director William J. Quinn bought 500,000 shares of the firm’s stock in a transaction on Monday, March 3rd. The stock was acquired at an average cost of $13.07 per share, with a total value of $6,535,000.00. Following the transaction, the director now directly owns 812,429 shares in the company, valued at approximately $10,618,447.03. This trade represents a 160.04 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Guy M. Oliphint sold 4,150 shares of the stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $13.99, for a total value of $58,058.50. Following the sale, the chief financial officer now owns 130,467 shares of the company’s stock, valued at approximately $1,825,233.33. This represents a 3.08 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 9,685 shares of company stock valued at $135,687 over the last 90 days. 12.80% of the stock is owned by corporate insiders.

Permian Resources Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.45%. The ex-dividend date was Monday, March 17th. Permian Resources’s dividend payout ratio is presently 41.96%.

About Permian Resources

Permian Resources Corporation, an independent oil and natural gas company, focuses on the development of crude oil and related liquids-rich natural gas reserves in the United States. The company’s assets primarily focus on the Delaware Basin, a sub-basin of the Permian Basin. Its properties consist of acreage blocks in West Texas, Eddy County, Lea County, and New Mexico.