Capital One Financial Has Pessimistic View of PR Q1 Earnings

Permian Resources Co. (NYSE:PR) – Capital One Financial dropped their Q1 2025 earnings estimates for shares of Permian Resources in a report released on Wednesday, March 19th. Capital One Financial analyst P. Johnston now expects that the company will post earnings of $0.36 per share for the quarter, down from their previous estimate of $0.39. The consensus estimate for Permian Resources’ current full-year earnings is $1.45 per share. Capital One Financial also issued estimates for Permian Resources’ Q2 2025 earnings at $0.39 EPS, Q3 2025 earnings at $0.40 EPS, Q4 2025 earnings at $0.41 EPS, FY2025 earnings at $1.55 EPS and FY2026 earnings at $1.50 EPS.

Several other brokerages have also recently weighed in on PR. Citigroup cut shares of Permian Resources from a “buy” rating to a “reduce” rating in a research note on Wednesday, March 5th. Morgan Stanley started coverage on shares of Permian Resources in a research note on Friday, January 10th. They issued an “overweight” rating and a $19.00 price objective for the company. Susquehanna upgraded shares of Permian Resources from a “neutral” rating to a “positive” rating and lifted their price objective for the stock from $17.00 to $20.00 in a research note on Wednesday, March 5th. Piper Sandler dropped their price objective on shares of Permian Resources from $21.00 to $20.00 and set an “overweight” rating for the company in a research note on Thursday, March 6th. Finally, Truist Financial boosted their target price on shares of Permian Resources from $20.00 to $23.00 and gave the company a “buy” rating in a research report on Monday, January 13th. One research analyst has rated the stock with a sell rating, one has given a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $19.35.

Permian Resources Price Performance

Shares of Permian Resources stock opened at $13.98 on Friday. Permian Resources has a twelve month low of $11.84 and a twelve month high of $18.28. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.40. The company has a 50-day simple moving average of $14.33 and a two-hundred day simple moving average of $14.33. The stock has a market capitalization of $11.23 billion, a price-to-earnings ratio of 8.47, a price-to-earnings-growth ratio of 4.05 and a beta of 4.30.

Permian Resources Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 4.29%. The ex-dividend date is Monday, March 17th. Permian Resources’s dividend payout ratio is 41.96%.

Insider Buying and Selling

In other Permian Resources news, EVP John Charles Bell sold 2,804 shares of the business’s stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $14.03, for a total transaction of $39,340.12. Following the sale, the executive vice president now directly owns 74,433 shares of the company’s stock, valued at $1,044,294.99. The trade was a 3.63 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director William J. Quinn bought 500,000 shares of Permian Resources stock in a transaction on Monday, March 3rd. The shares were acquired at an average cost of $13.07 per share, for a total transaction of $6,535,000.00. Following the completion of the acquisition, the director now directly owns 812,429 shares in the company, valued at approximately $10,618,447.03. The trade was a 160.04 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold a total of 18,446 shares of company stock worth $269,731 in the last three months. 12.80% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Permian Resources

A number of institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in Permian Resources by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 65,680,607 shares of the company’s stock worth $944,487,000 after acquiring an additional 870,622 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of Permian Resources by 60.4% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 32,674,171 shares of the company’s stock valued at $469,856,000 after purchasing an additional 12,306,854 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in shares of Permian Resources in the 4th quarter valued at $431,676,000. State Street Corp boosted its stake in shares of Permian Resources by 6.1% in the 3rd quarter. State Street Corp now owns 22,027,153 shares of the company’s stock valued at $299,790,000 after purchasing an additional 1,263,460 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its stake in shares of Permian Resources by 1.6% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 18,442,921 shares of the company’s stock valued at $265,209,000 after purchasing an additional 291,444 shares during the last quarter. 91.84% of the stock is owned by institutional investors.

Permian Resources Company Profile

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.