A number of firms have modified their ratings and price targets on shares of Permian Resources (NYSE: PR) recently:
- 11/18/2025 – Permian Resources had its price target lowered by analysts at Piper Sandler from $21.00 to $20.00. They now have an “overweight” rating on the stock.
- 11/17/2025 – Permian Resources had its “hold (c)” rating reaffirmed by analysts at Weiss Ratings.
- 11/15/2025 – Permian Resources was upgraded by analysts at Wall Street Zen from a “sell” rating to a “hold” rating.
- 11/14/2025 – Permian Resources had its price target raised by analysts at The Goldman Sachs Group, Inc. from $17.00 to $18.00. They now have a “buy” rating on the stock.
- 10/25/2025 – Permian Resources was downgraded by analysts at Weiss Ratings from a “buy (b-)” rating to a “hold (c+)” rating.
- 10/21/2025 – Permian Resources had its price target raised by analysts at Piper Sandler from $20.00 to $21.00. They now have an “overweight” rating on the stock.
- 10/17/2025 – Permian Resources had its price target lowered by analysts at Wells Fargo & Company from $21.00 to $16.00. They now have an “overweight” rating on the stock.
- 10/9/2025 – Permian Resources had its price target raised by analysts at Royal Bank Of Canada from $17.00 to $18.00. They now have an “outperform” rating on the stock.
- 10/8/2025 – Permian Resources had its “buy (b-)” rating reaffirmed by analysts at Weiss Ratings.
- 9/27/2025 – Permian Resources had its “buy (b-)” rating reaffirmed by analysts at Weiss Ratings.
- 9/19/2025 – Permian Resources is now covered by analysts at Scotiabank. They set a “sector outperform” rating and a $21.00 price target on the stock.
Permian Resources Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 17th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend is Wednesday, December 17th. Permian Resources’s dividend payout ratio is currently 55.05%.
Insiders Place Their Bets
In other Permian Resources news, EVP Robert Regan Shannon sold 4,742 shares of the firm’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $14.22, for a total transaction of $67,431.24. Following the sale, the executive vice president owned 91,805 shares in the company, valued at approximately $1,305,467.10. This trade represents a 4.91% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP John Charles Bell sold 4,743 shares of the company’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $14.21, for a total transaction of $67,398.03. Following the completion of the transaction, the executive vice president owned 107,569 shares of the company’s stock, valued at approximately $1,528,555.49. The trade was a 4.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 12.80% of the stock is currently owned by company insiders.
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.
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