Permian Resources (PR) Projected to Post Earnings on Wednesday

Permian Resources (NYSE:PR) is anticipated to announce its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect the company to announce earnings of $0.6130 per share and revenue of $1.78 billion for the quarter. Interested persons can find conference call details on the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, November 5, 2026 at 10:00 AM ET.

Permian Resources (NYSE:PR) last posted its earnings results on Wednesday, August 5th. The company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.10. The company had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.66 billion. The firm’s revenue for the quarter was up 55.1% on a year-over-year basis. During the same quarter last year, the business posted $0.28 EPS. On average, analysts expect Permian Resources to post $2.43 EPS for the current fiscal year and $2.60 EPS for the next fiscal year.

Permian Resources Stock Down 1.2%

Shares of NYSE PR opened at $25.46 on Wednesday. The firm has a market cap of $21.33 billion, a price-to-earnings ratio of 16.86 and a beta of 0.66. Permian Resources has a 52-week low of $12.06 and a 52-week high of $25.96. The business’s 50 day moving average is $23.26 and its two-hundred day moving average is $20.15.

Permian Resources Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th were given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Wednesday, September 16th. Permian Resources’s dividend payout ratio (DPR) is currently 42.38%.

Insider Activity

In other Permian Resources news, EVP Robert Shannon sold 5,104 shares of the company’s stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $23.75, for a total transaction of $121,220.00. Following the sale, the executive vice president owned 1,346,698 shares in the company, valued at $31,984,077.50. This represents a 0.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP John Bell sold 5,492 shares of the company’s stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $23.75, for a total value of $130,435.00. Following the sale, the executive vice president owned 1,561,680 shares in the company, valued at approximately $37,089,900. This trade represents a 0.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 15,699 shares of company stock worth $372,851. Corporate insiders own 5.00% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on PR. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $27.00 price objective on shares of Permian Resources in a research note on Thursday, September 24th. Susquehanna increased their target price on Permian Resources from $25.00 to $30.00 and gave the stock a “positive” rating in a research note on Tuesday, October 20th. Raymond James Financial restated a “strong-buy” rating and set a $29.00 target price on shares of Permian Resources in a report on Thursday, August 27th. Zacks Research raised Permian Resources from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 6th. Finally, Seaport Research Partners initiated coverage on Permian Resources in a research report on Thursday, September 3rd. They issued a “buy” rating and a $29.00 target price for the company. Five equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $26.39.

About Permian Resources

Permian Resources Corporation (NYSE: PR) is an independent oil and natural gas company focused on the acquisition, development, and production of hydrocarbons in the Permian Basin. Its operations are concentrated in the Delaware Basin, a prolific oil-producing region spanning southeastern New Mexico and West Texas.

The company’s production portfolio includes crude oil, natural gas, and natural gas liquids. Permian Resources develops its acreage through horizontal drilling and multi-well development programs, with activities that include drilling, completion, production, and infrastructure management.