Permian Resources (PR) to Announce Quarterly Earnings on Wednesday

Permian Resources (NYSE:PR) will likely be announcing its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect Permian Resources to announce earnings of $0.5850 per share and revenue of $1.6579 billion for the quarter. Parties can check the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, August 6, 2026 at 10:00 AM ET.

Permian Resources (NYSE:PR) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.38 by $0.01. The firm had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.41 billion. Permian Resources had a return on equity of 10.53% and a net margin of 12.79%.The company’s revenue for the quarter was up .9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.44 EPS. 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 Price Performance

Shares of Permian Resources stock opened at $21.27 on Monday. The firm has a market capitalization of $17.80 billion, a PE ratio of 24.73 and a beta of 0.47. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.31. Permian Resources has a 12 month low of $11.92 and a 12 month high of $22.67. The business’s 50-day moving average price is $19.50 and its 200-day moving average price is $19.04.

Permian Resources Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on PR shares. Roth Capital set a $23.00 price objective on shares of Permian Resources and gave the stock a “buy” rating in a report on Monday, June 22nd. Truist Financial reduced their target price on shares of Permian Resources from $25.00 to $22.00 and set a “buy” rating on the stock in a report on Monday, July 13th. Weiss Ratings upgraded shares of Permian Resources from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday. Morgan Stanley cut their price target on shares of Permian Resources from $25.00 to $24.00 and set an “overweight” rating for the company in a research report on Monday, June 29th. Finally, KeyCorp started coverage on Permian Resources in a research note on Tuesday, April 7th. They set an “overweight” rating and a $25.00 price objective on the stock. Four research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Permian Resources has an average rating of “Buy” and a consensus price target of $23.29.

Insider Activity

In other news, EVP Guy M. Oliphint sold 62,769 shares of the company’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $20.44, for a total transaction of $1,282,998.36. Following the completion of the transaction, the executive vice president directly owned 542,503 shares of the company’s stock, valued at approximately $11,088,761.32. This represents a 10.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 5.00% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of PR. Boston Partners lifted its position in Permian Resources by 76.2% during the 3rd quarter. Boston Partners now owns 17,350,663 shares of the company’s stock valued at $222,099,000 after acquiring an additional 7,503,654 shares during the period. Millennium Management LLC grew its holdings in Permian Resources by 210.6% in the third quarter. Millennium Management LLC now owns 9,850,059 shares of the company’s stock worth $126,081,000 after purchasing an additional 6,678,814 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Permian Resources by 16.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 31,635,572 shares of the company’s stock valued at $443,856,000 after purchasing an additional 4,533,732 shares in the last quarter. Wellington Management Group LLP increased its stake in shares of Permian Resources by 73.8% during the fourth quarter. Wellington Management Group LLP now owns 9,833,783 shares of the company’s stock valued at $137,968,000 after purchasing an additional 4,176,224 shares in the last quarter. Finally, Merewether Investment Management LP lifted its holdings in shares of Permian Resources by 63.5% during the third quarter. Merewether Investment Management LP now owns 8,836,137 shares of the company’s stock valued at $113,103,000 after purchasing an additional 3,431,900 shares during the last quarter. Institutional investors own 91.84% of the company’s stock.

About Permian Resources

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.