Benchmark reiterates Buy rating on Permian Resources stock with $14 target
Benchmark has reiterated its Buy rating on Permian Resources Corp (NYSE:PR) with a $14 price target, despite lowering its fourth-quarter EBITDA forecast due to commodity price adjustments. The firm expects strong operational performance and significant free cash flow, aligning with the company's solid financial history. Permian Resources, an independent oil and natural gas company, also recently exceeded Q3 2025 earnings expectations and completed a corporate reorganization.
Permian Resources Board Change And Valuation Gap After Anderson Retirement
Permian Resources (NYSE:PR) has announced the retirement of board member Robert J. Anderson, a change that could impact the company's priorities and capital allocation. The stock currently trades below analyst targets and Simply Wall St's estimated fair value, suggesting a potential value opportunity despite recent insider selling. Investors are advised to monitor future board activities and the stock's performance relative to industry averages.
Permian Resources Announces Fourth Quarter and Full Year 2025 Earnings Conference Call
Permian Resources Corporation announced it will report its fourth quarter and full year 2025 financial and operating results on Wednesday, February 25, 2026. The company will host an earnings conference call on Thursday, February 26, 2026, at 9:00 a.m. Central to discuss these results. Interested parties can participate via phone or the company's website.
Did New Equity Shelves and an ESOP Focus Just Shift Permian Resources' (PR) Investment Narrative?
Permian Resources Corporation has filed new shelf registrations for Class A common stock totaling US$1.49 billion and closed several prior ESOP-related offerings, indicating a focus on employee ownership and flexible capital. This comes as BofA Securities downgraded the stock to Neutral on valuation grounds, suggesting the market is re-evaluating the company's financial toolkit against execution risk and capital intensity. Despite these developments, the core investment narrative for Permian Resources remains tied to commodity prices and disciplined capital allocation.
Did New Equity Shelves and an ESOP Focus Just Shift Permian Resources' (PR) Investment Narrative?
Permian Resources Corporation recently filed new shelf registrations for Class A common stock and closed prior ESOP-related offerings, indicating a focus on employee ownership and flexible capital raising. This activity, combined with a recent BofA Securities' downgrade on valuation, is reshaping the company's investment narrative. Investors should weigh the expanded drilling inventory and financial toolkit against execution risk and capital intensity, especially considering fluctuating commodity prices.
Will Permian Resources' New Shelf Filings and Insider Sales Reshape PR's Ownership-Driven Investment Narrative?
Permian Resources recently filed new universal shelf registrations and completed a corporate reorganization, alongside insider share sales, some to cover tax obligations. These actions provide Permian Resources with greater flexibility for future equity issuance and simplify its corporate structure. While the core investment narrative remains tied to Permian drilling performance and commodity prices, these changes reshape the company's capital structure and insider ownership profile.
Will Permian Resources' New Shelf Filings and Insider Sales Reshape PR's Ownership-Driven Investment Narrative?
Permian Resources Corporation recently filed new universal shelf registrations and completed a corporate reorganization, alongside insider stock sales. These actions are reshaping the company's capital structure and insider ownership profile. While these changes may offer more flexibility for future equity issuance, the core investment narrative remains linked to Permian drilling performance, commodity prices, and the company's ability to convert production into free cash flow.
Shannon Robert Regan of Permian Resources sells $2.4 million in shares
Shannon Robert Regan, EVP and Chief Accounting Officer at Permian Resources Corp, sold 176,659 shares of Class A Common Stock worth $2.4 million over two days in January 2026 to cover tax withholding obligations. The company also recently reported strong Q3 2025 earnings and completed a corporate reorganization to align management ownership with public investors. These events underscore Permian Resources' ongoing efforts to streamline operations and enhance shareholder alignment.
Oliphint, Permian Resources CFO, sells $4.1m in stock By Investing.com
Guy M. Oliphint, Executive Vice President and CFO of Permian Resources Corp (NYSE:PR), sold over $4.1 million worth of Class A Common Stock on January 5 and 6, 2026. These sales were mandatory "sell to cover" transactions to meet tax withholding obligations related to vested performance stock units and a restricted stock award, rather than discretionary trades. Following these transactions, Oliphint still directly owns 616,683 shares of the company.
Hickey, Permian Resources Co-CEO, sells $10.6m in stock By Investing.com
William M. Hickey III, Co-CEO of Permian Resources Corp (NYSE:PR), sold over $10.6 million worth of Class A Common Stock across several transactions on January 5 and 6, 2026. Despite these sales, Hickey directly owns over 1 million shares and the company offers a 4.44% dividend yield. Permian Resources recently exceeded Q3 2025 earnings expectations and completed a corporate reorganization to align management ownership with public investors.
Hickey, Permian Resources Co-CEO, sells $10.6m in stock
William M. Hickey III, Co-CEO of Permian Resources Corp (NYSE:PR), sold over 777,000 shares of Class A Common Stock for approximately $10.6 million on January 5 and 6, 2026. The sales were made in multiple transactions with prices ranging from $13.48 to $14.39. Following these sales, Hickey still directly owns over 1 million shares and also acquired more shares through an investment partnership, as detailed in an SEC filing.
Oliphint, Permian Resources CFO, sells $4.1m in stock
Guy M. Oliphint, Executive Vice President and Chief Financial Officer of Permian Resources Corp (NYSE:PR), sold 301,741 shares of Class A Common Stock for a total of $4,129,478 on January 5 and 6, 2026. These sales were mandatory "sell to cover" transactions to meet tax withholding obligations related to stock awards and not discretionary trades. Permian Resources is considered undervalued with a "GREAT" financial health rating and analysts maintain a "BUY" consensus.
Shannon Robert Regan of Permian Resources sells $2.4 million in shares
Shannon Robert Regan, EVP and CFO of Permian Resources (NYSE:PR), sold approximately $2.4 million worth of Class A Common Stock across two days in January 2026. These sales were primarily conducted to cover tax withholding obligations associated with performance-restricted stock vesting. The company also recently reported strong Q3 2025 earnings and completed a corporate reorganization to align management ownership with public investors.
Permian Resources EVP Bell sells $2.4m in shares
John Charles Bell, EVP and General Counsel at Permian Resources Corp, sold 176,648 shares of Class A Common Stock for approximately $2.4 million in early January 2026 to cover tax obligations. Despite these sales, Bell also acquired 1,353,243 shares through a corporate reorganization aimed at aligning management ownership with public investors. The company recently exceeded Q3 2025 earnings expectations and completed a reorganization to simplify its structure.
Permian Resources Completes Previously Announced Corporate Reorganization
Permian Resources Corporation announced the completion of its corporate reorganization where management and long-term holders exchanged Class C shares for Class A shares. This move aims to better align management ownership with public investors and simplify the company's Up-C structure. Approximately 35.5 million Class C shares remain outstanding, and no Class A or Class C shares were sold during the transaction.
Shannon Robert Regan of Permian Resources sells $2.4 million in shares
Shannon Robert Regan, EVP and CFO of Permian Resources, sold 176,659 shares of Class A Common Stock worth $2.4 million in early January 2026. These sales were to cover tax withholding obligations for vested performance restricted stock, not discretionary trades. Regan also made several acquisitions and dispositions of shares and common units around the same time.
Permian Resources’ Walter James H sells $10.6m in shares
Walter James H, Co-Chief Executive Officer of Permian Resources Corp, sold over $10.6 million worth of Class A Common Stock in early January 2026. Despite these sales, he also acquired a significant number of shares through an investment partnership on January 7, 2026. InvestingPro analysis suggests Permian Resources is undervalued, with a P/E ratio of 12.05 and a 4.44% dividend yield.
Permian Resources EVP Bell sells $2.4m in shares By Investing.com
John Charles Bell, EVP and General Counsel at Permian Resources Corp, sold approximately $2.4 million worth of Class A Common Stock across two days to cover tax obligations from vested performance restricted stock units. Despite these sales, Bell also acquired over 1.3 million shares through a corporate reorganization. InvestingPro data indicates Permian Resources is currently undervalued, offers a 4.44% dividend yield, and generally trades with low price volatility.
Hickey, Permian Resources Co-CEO, sells $10.6m in stock By Investing.com
William M. Hickey III, Co-CEO of Permian Resources Corp (NYSE:PR), sold over $10.6 million worth of Class A Common Stock across two days in January 2026. Despite these sales, Hickey also acquired a significant number of shares through investment partnerships. The company, which is an $11.2 billion market cap oil producer, recently reported Q3 2025 earnings that surpassed analyst expectations and underwent a corporate reorganization to align management ownership with public investors.
Oliphint, Permian Resources CFO, sells $4.1m in stock By Investing.com
Guy M. Oliphint, CFO of Permian Resources Corp (NYSE:PR), sold 301,741 shares of Class A Common Stock for approximately $4.1 million on January 5 and 6, 2026. These transactions were mandatory "sell to cover" sales to meet tax withholding obligations related to stock awards, not discretionary trades. Following the sales, Oliphint directly owns 616,683 shares, and the company, which analysts have a "BUY" consensus on, reported strong Q3 2025 earnings and underwent a corporate reorganization.
Permian Resources EVP Bell sells $2.4m in shares
John Charles Bell, EVP and General Counsel at Permian Resources Corp, sold 176,648 shares of Class A Common Stock for approximately $2.4 million in early January 2026 to cover tax obligations. Concurrently, he acquired 1,353,243 shares through a corporate reorganization. The company recently reported strong Q3 2025 earnings, exceeding analyst expectations, and completed a reorganization aimed at aligning management ownership with public investors.
Permian Resources reshuffles ownership without adding shares
Permian Resources announced the completion of a corporate reorganization where management and long-term holders exchanged Class C for Class A shares. This move aims to align management ownership with public investors and simplify its Up-C structure. No new shares were issued and the total number of Class A and Class C shares remains unchanged.
Permian Resources Announces Corporate Reorganization and Share Shift
Permian Resources has announced a corporate reorganization where management and long-term holders exchanged Class C for Class A shares, and the company restructured under a new public holding entity. This move, which maintains overall share count and economic/voting interests, aims to better align management with public shareholders, simplify the company's structure, and reduce administrative costs. Analysts currently rate PR stock as a Buy with a $16 price target.
Key facts: Permian Resources Corp. amends credit deal; issues Class A shares
Permian Resources Corp. recently amended its credit agreement with JPMorgan Chase to maintain credit access during a planned holding-company reorganization. As part of this reorganization, the company issued 48,916,754 Class A Shares, allowing management and long-term holders to exchange Class C securities for Class A shares and simplify its corporate structure without impacting public shareholders.
Permian Resources announces corporate reorganization to align ownership
Permian Resources announced a corporate reorganization to align management and long-term shareholder ownership with public investors by exchanging Class C shares for Class A shares. This move will simplify the corporate structure to a C-Corp with a single class of shares, a transition expected to be completed by year-end 2027. The company's ticker, trading status, and total share count will remain unchanged, with management maintaining over 6% ownership.
Permian Resources Says Some Investors to Receive Class A Shares for Class C Securities
Permian Resources announced that some investors are set to receive Class A shares in exchange for their Class C securities. This news was reported by WSJ on December 23rd. Separately, Unity Software (U.US) reported its Q4 earnings, with revenue increasing 35% year-over-year to $609 million, although it posted a quarterly loss of 66 cents per share.
Permian Resources announces corporate reorganization to align ownership By Investing.com
Permian Resources Corporation announced a corporate reorganization to align management ownership with public investors by allowing Class C shareholders to exchange their shares for Class A shares. This move simplifies the company's corporate structure towards a single share class. The reorganization, which maintains the management team's significant ownership, is a step towards eliminating the current Up-C structure by year-end 2027.
Permian Resources Announces Corporate Reorganization to Further Strengthen Its Best-In-Class Shareholder Alignment and Advance Towards Up-C Simplification
Permian Resources Corporation announced a corporate reorganization where management and long-term holders exchange Class C for Class A shares, improving shareholder alignment and advancing towards an Up-C simplification. This move ensures management retains peer-leading ownership, with Co-CEOs receiving 100% compensation in performance stock units, and all employees receiving equity, reinforcing a “think like an owner” mentality. The reorganization, which does not affect public shareholders, aims to reduce administrative burden and simplify the capital structure, with full Up-C elimination anticipated by year-end 2027.
Permian Resources Announces Corporate Reorganization to Further Strengthen Its Best-In-Class Shareholder Alignment and Advance Towards Up-C Simplification
Permian Resources Corporation is undertaking a corporate reorganization wherein management and long-term holders will exchange Class C shares for Class A shares. This move aims to enhance shareholder alignment, with management team members maintaining significant ownership, and is a key step towards simplifying the company's Up-C structure into a single-class C-Corp, expected by year-end 2027. The company emphasizes that this reorganization will not alter public shareholders' positions and is anticipated to reduce administrative burden and overhead.
How Investors Are Reacting To Permian Resources (PR) Fresh Wave of Bullish Analyst Reaffirmations
Multiple Wall Street firms, including UBS and Mizuho, have reiterated positive ratings and adjusted research views for Permian Resources (PR), signaling confidence in its oil and gas outlook. This positive analyst sentiment, reinforced by an "Outperform" consensus, highlights the company's ability to grow volumes and potentially achieve better pricing despite commodity price volatility. Investors will need to weigh this against the wide range of fair value estimates from the Simply Wall St Community.
How Strong Q3 Results and Cost Reductions at Permian Resources (PR) Have Changed Its Investment Story
Permian Resources (PR) has garnered positive attention from analysts following strong Q3 results, driven by robust free cash flow and significant cost reductions due to operational improvements. This has led to renewed confidence in its production outlook and raised guidance, reinforcing its investment narrative focused on efficiency gains. While Permian Resources' operational strength is highlighted, investors are reminded to monitor volatile commodity prices as a key short-term risk.
How Investors May Respond To Permian Resources (PR) Boosting 2025 Production Guidance Amid Income Decline
Permian Resources Corporation recently increased its 2025 production guidance and reported record quarterly free cash flow, despite a year-over-year decline in net income. This improved operational outlook and share repurchase program signal confidence, though the company remains highly susceptible to volatile oil and gas prices. Investors are advised to consider the company's $18.05 fair value forecast, suggesting a 32% upside, alongside continued market price sensitivity.
Permian Resources (NYSE: PR) raises 2025 guide to 394.0 MBoe/d; Q3 at 410.2 MBoe/d
Permian Resources announced strong third-quarter 2025 results, reporting total average production of 410.2 MBoe/d and raising its full-year 2025 guidance for total production to 394.0 MBoe/d. The company also strengthened its balance sheet with $460 million in debt reduction and declared a base dividend of $0.15 per share, reflecting a focus on capital efficiency and shareholder returns. Permian Resources continues to expand its acreage through strategic acquisitions and improve natural gas marketing netbacks.
Permian Resources Declares Quarterly Cash Dividend
Permian Resources Corporation (NYSE: PR) has announced that its Board of Directors declared a quarterly base cash dividend of $0.15 per share of Class A common stock, totaling $0.60 per share on an annualized basis. This dividend is payable on December 31, 2025, to shareholders of record as of December 17, 2025. Permian Resources is an independent oil and natural gas company focused on the Permian Basin, a concentration in the core of the Delaware Basin.
Allspring Global Investments Holdings LLC Acquires 143,145 Shares of Permian Resources Corporation $PR - MarketBeat
Allspring Global Investments Holdings LLC significantly increased its stake in Permian Resources Corporation by 25.4%, acquiring an additional 143,145 shares. This brought their total ownership to 706,042 shares, valued at nearly $9.9 million. Other institutional investors also raised their positions in Permian Resources, indicating strong investor interest.
RBC Capital Raises Permian Resources (PR) PT to $18, Anticipating Solid Q3 2025 Results, Improving Efficiencies - MSN
RBC Capital has increased its price target for Permian Resources (PR) to $18, expecting strong third-quarter 2025 results driven by improved capital efficiency. The firm highlights Permian Resources' effective D&C capital optimization and a significant acreage trade that adds drilling inventory in the New Mexico Delaware Basin. RBC's analysis indicates the company is well-positioned for continued growth and operational improvements.
Roth Capital Predicts Weaker Earnings for Permian Resources - MarketBeat
Roth Capital has significantly cut its FY2026 earnings per share estimate for Permian Resources to $0.75 from $1.06, citing a revised forecast by analyst L. Mariani. Despite a consensus estimate of $1.45 for current full-year earnings and a recent dividend declaration, the company's stock experienced a 1.8% dip. Permian Resources (NYSE:PR) operates in the Delaware Basin, focusing on crude oil and natural gas reserves.
Permian Resources stock rating reiterated at Buy by UBS ahead of earnings - Investing.com
This article reports that UBS has reiterated its Buy rating for Permian Resources stock ahead of the company's upcoming Q3 earnings announcement. The content is incomplete due to a reported application error, preventing further detail on the analyst's rationale or the stock's performance.
Permian Resources Corporation Announces Secondary Public Offering of Class A Common Stock
Permian Resources Corporation announced a secondary public offering of 46,112,899 shares of its Class A Common Stock by affiliates of Pearl Energy Investments and Riverstone Investment Group LLC. The company itself will not sell any shares or receive any proceeds from this offering. Concurrently, Permian Resources plans to purchase 2,000,000 OpCo Units from certain selling stockholders and cancel a corresponding number of its Class C Common Stock shares.
Analysts’ Top Energy Picks: Crescent Energy Company Class A (CRGY), Permian Resources (PR)
Analysts from Piper Sandler and RBC Capital have issued bullish sentiments on Crescent Energy Company Class A (CRGY) and Permian Resources (PR), respectively. Mark Lear of Piper Sandler maintained a Buy rating on CRGY with a $15.00 price target, while Scott Hanold of RBC Capital maintained a Buy rating on PR with a $17.00 price target. Both companies also received "Strong Buy" consensus ratings from analysts.
Money Can Buy It - After Permian M&A Spree, E&Ps Throttle Growth While Integrateds Motor On
The 2024 Permian M&A spree, totaling $120 billion, significantly consolidated the basin among major E&Ps and ExxonMobil, adding 1.5 MMboe/d of production. While oil prices stagnated, producers focused on acquisitions for growth, with many E&Ps forecasting a decline in organic capital investment for 2025. This article analyzes how these acquisitions, rather than new drilling, are driving Permian production increases, exemplified by Diamondback Energy's substantial output rise post-acquisition.
What Analysts Are Saying About Permian Resources Stock
Eight analysts have provided diverse assessments of Permian Resources (NYSE: PR) over the last three months, with an average 12-month price target of $19.62, representing a slight drop from the previous average. The company shows positive revenue growth and prudent debt management, but struggles with profitability and asset utilization, as indicated by its net margin, ROE, and ROA. These financial metrics alongside analyst ratings offer a comprehensive view of Permian Resources's market position.
How Permian Resources Slashed Drilling Costs While Generating $400M in Free Cash Flow
Permian Resources announced strong Q4 2024 results, including $400 million in adjusted free cash flow and reduced drilling and completion costs to ~$775 per lateral foot. The company also unveiled its 2025 operational plan, targeting an 8% increase in annual production while maintaining a similar capital budget, driven by capital efficiency gains and lower cost structures. Permian Resources aims to generate more free cash flow in 2025 and declared a base dividend of $0.15 per share.
Permian Resources Corporation Announces Secondary Public Offering of Class A Common Stock
Permian Resources Corporation announced a secondary public offering of 51,765,000 shares of its Class A Common Stock by certain selling stockholders. The company itself will not sell any shares or receive proceeds. Concurrently, Permian Resources intends to purchase 1,800,000 OpCo Units from some selling stockholders, contingent on the offering's completion.
Permian Resources Announces Closing of Bolt-On Acquisition of Core Delaware Basin Assets
Permian Resources Corporation announced the closing of its previously declared acquisition of leasehold and royalty interests and related midstream infrastructure from Occidental. These assets include about 29,500 net acres and 9,900 net royalty acres, significantly expanding Permian Resources' presence in the core of the Delaware Basin, particularly in Reeves County, Texas. This acquisition reinforces Permian Resources' position as the second largest Permian Basin pure-play E&P.
Permian Resources co-CEO talks company, asset acquisitions
Will Hickey, co-founder and co-CEO of Permian Resources, discussed the company's successful M&A strategy, including the combination of Colgate Energy and Centennial Resources and the acquisition of Earthstone Energy. He highlighted the company's disciplined approach to integrating assets and its commitment to flexible operations. Hickey also emphasized their long-term commitment to operating and growing their Delaware Basin acreage.
Bullish Permian Resources Hikes Base Dividend by 150%
Permian Resources, an E&P company based in Midland, announced a 150% increase in its base dividend. This decision reflects the company's confidence in its strong cash flow generation from its Delaware Basin operations and its ability to manage periods of low oil prices.
Permian Resources Announces Strategic Bolt-On Acquisition of Core Delaware Basin Assets
Permian Resources (NYSE: PR) announced it has entered into a definitive agreement with Occidental (NYSE: OXY) to acquire approximately 29,500 net acres and 9,900 net royalty acres in the Delaware Basin, primarily in Reeves County, Texas, for $817.5 million. The acquisition, which includes significant midstream assets and adds over 200 operated locations, is expected to be accretive to cash flow per share, free cash flow per share, and NAV per share. Permian Resources plans to finance the acquisition through capital markets transactions, aiming to maintain a leverage-neutral balance sheet with a year-end 2024 pro forma net debt-to-EBITDAX ratio of approximately 1x.
Permian Resources Corporation Announces Pricing of Secondary Public Offering of Class A Common Stock
Vinson & Elkins advised Permian Resources Corporation and its selling stockholders in connection with an underwritten public offering of 51,765,000 shares of Class A common stock at $16.47 per share. Concurrently, the Company repurchased 1,800,000 common units in Permian Resources Operating, LLC. The offering was priced on May 13, 2024, and is expected to close on May 15, 2024.
Permian Resources Corporation Announces Secondary Public Offering of Class A Common Stock
Vinson & Elkins advised Permian Resources Corporation and certain selling stockholders on an underwritten public offering of 48,500,000 shares of its Class A common stock at $15.76 per share. Concurrently, the Company repurchased 2,000,000 common units in Permian Resources Operating, LLC. The offering closed on March 6, 2024.