Permian Resources (PR) – Analysts’ Recent Ratings Updates

A number of research firms have changed their ratings and price targets for Permian Resources (NYSE: PR):

• 7/17/2026 – Permian Resources had its price target lowered by UBS Group AG from $25.00 to $24.00. They now have a “buy” rating on the stock.
• 7/15/2026 – Permian Resources was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.
• 7/15/2026 – Permian Resources had its price target lowered by Citigroup Inc. from $26.00 to $24.00. They now have a “buy” rating on the stock.
• 7/13/2026 – Permian Resources had its price target lowered by Truist Financial Corporation from $25.00 to $22.00. They now have a “buy” rating on the stock.
• 6/29/2026 – Permian Resources had its price target lowered by Morgan Stanley from $25.00 to $24.00. They now have an “overweight” rating on the stock.
• 6/23/2026 – Permian Resources is now covered by Evercore Inc. They set an “outperform” rating and a $25.00 price target on the stock.
• 6/23/2026 – Permian Resources is now covered by Evercore Inc. They set an “outperform” rating and a $25.00 price target on the stock.
• 6/22/2026 – Permian Resources was given a new $23.00 price target by Roth Capital. They now have a “buy” rating on the stock.
• 6/21/2026 – Permian Resources was upgraded by Roth Capital from “hold” to “strong-buy”. They now have a $23.00 price target on the stock.
• 6/17/2026 – Permian Resources had its price target lowered by Raymond James Financial, Inc. from $29.00 to $26.00. They now have a “strong-buy” rating on the stock.
• 5/27/2026 – Permian Resources had its price target raised by Mizuho from $26.00 to $27.00. They now have an “outperform” rating on the stock.
• 5/25/2026 – Permian Resources was given a new $26.00 price target by Wells Fargo & Company.

Permian Resources Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th were issued a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date was Tuesday, June 16th. Permian Resources’s dividend payout ratio (DPR) is 74.42%.

Insider Activity

In related news, EVP Guy M. Oliphint sold 62,769 shares of Permian Resources stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $20.44, for a total value of $1,282,998.36. Following the transaction, the executive vice president owned 542,503 shares in the company, valued at approximately $11,088,761.32. This trade represents a 10.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 5.00% of the stock is owned by corporate insiders.

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.