Permian Resources (PR) Projected to Post Quarterly Earnings on Wednesday

Permian Resources (NYSE:PR) will likely be releasing its Q1 2026 results after the market closes on Wednesday, May 6th. Analysts expect Permian Resources to post earnings of $0.38 per share and revenue of $1.4025 billion for the quarter. Interested persons are encouraged to explore the company’s upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Thursday, May 7, 2026 at 10:00 AM ET.

Permian Resources (NYSE:PR) last announced its earnings results on Wednesday, February 25th. The company reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.09. Permian Resources had a net margin of 18.46% and a return on equity of 10.83%. The business had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.32 billion. During the same period in the prior year, the company earned $0.36 earnings per share. The business’s revenue was down 9.8% compared to the same quarter last year. On average, analysts expect Permian Resources to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Permian Resources Stock Performance

NYSE PR opened at $22.07 on Monday. The firm has a market cap of $18.45 billion, a P/E ratio of 17.65, a P/E/G ratio of 1.25 and a beta of 0.52. Permian Resources has a 52-week low of $11.64 and a 52-week high of $22.11. The business’s 50-day moving average price is $19.92 and its 200 day moving average price is $16.30. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.31.

Permian Resources Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th were given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 2.9%. 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%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on PR shares. TD Cowen lifted their target price on Permian Resources from $20.00 to $22.00 and gave the company a “buy” rating in a research note on Tuesday, March 17th. Weiss Ratings raised Permian Resources from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, March 6th. Piper Sandler lifted their price objective on shares of Permian Resources from $24.00 to $27.00 and gave the company an “overweight” rating in a research report on Thursday, March 12th. Truist Financial boosted their price objective on shares of Permian Resources from $24.00 to $25.00 and gave the company a “buy” rating in a research note on Tuesday, April 14th. Finally, Roth Mkm restated a “neutral” rating and set a $22.00 price objective (up from $20.00) on shares of Permian Resources in a research report on Wednesday, April 8th. Four research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $22.38.

Insider Transactions at Permian Resources

In other Permian Resources news, Director William J. Quinn sold 512,429 shares of the company’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $19.59, for a total transaction of $10,038,484.11. Following the transaction, the director directly owned 6,914,410 shares in the company, valued at approximately $135,453,291.90. This represents a 6.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Aron Marquez sold 7,750 shares of the stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $19.62, for a total transaction of $152,055.00. Following the completion of the transaction, the director directly owned 72,218 shares of the company’s stock, valued at approximately $1,416,917.16. This trade represents a 9.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 3,130,066 shares of company stock valued at $58,837,655. 5.00% of the stock is owned by company insiders.

Institutional Investors Weigh In On Permian Resources

Several institutional investors have recently modified their holdings of PR. Los Angeles Capital Management LLC purchased a new position in Permian Resources in the 4th quarter valued at approximately $39,000. State of Wyoming boosted its position in Permian Resources by 126.8% during the fourth quarter. State of Wyoming now owns 2,933 shares of the company’s stock worth $41,000 after purchasing an additional 1,640 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in Permian Resources by 340.8% during the second quarter. EverSource Wealth Advisors LLC now owns 4,170 shares of the company’s stock worth $57,000 after purchasing an additional 3,224 shares in the last quarter. CIBC Private Wealth Group LLC grew its holdings in Permian Resources by 68.9% in the fourth quarter. CIBC Private Wealth Group LLC now owns 4,513 shares of the company’s stock valued at $63,000 after purchasing an additional 1,841 shares during the last quarter. Finally, Rakuten Securities Inc. grew its holdings in Permian Resources by 237.6% in the second quarter. Rakuten Securities Inc. now owns 7,106 shares of the company’s stock valued at $97,000 after purchasing an additional 5,001 shares during the last quarter. Hedge funds and other institutional investors own 91.84% of the company’s stock.

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.