Weekly Research Analysts’ Ratings Changes for Permian Resources (PR)

A number of firms have modified their ratings and price targets on shares of Permian Resources (NYSE: PR) recently:

• 4/7/2026 – Permian Resources is now covered by KeyCorp. They set an “overweight” rating and a $25.00 price target on the stock.
• 3/31/2026 – Permian Resources had its price target raised by Citigroup Inc. from $21.00 to $26.00. They now have a “buy” rating on the stock.
• 3/27/2026 – Permian Resources was upgraded by Zacks Research from “hold” to “strong-buy”.
• 3/27/2026 – Permian Resources was upgraded by Scotiabank to “strong-buy”.
• 3/24/2026 – Permian Resources is now covered by Truist Financial Corporation. They set a “buy” rating and a $24.00 price target on the stock.
• 3/23/2026 – Permian Resources was upgraded by Truist Financial Corporation to “strong-buy”.
• 3/17/2026 – Permian Resources had its price target raised by TD Cowen from $20.00 to $22.00. They now have a “buy” rating on the stock.
• 3/16/2026 – Permian Resources had its price target raised by Wells Fargo & Company from $17.00 to $21.00. They now have an “overweight” rating on the stock.
• 3/12/2026 – Permian Resources had its price target raised by Piper Sandler from $24.00 to $27.00. They now have an “overweight” rating on the stock.
• 3/11/2026 – Permian Resources had its price target raised by The Goldman Sachs Group, Inc. from $17.00 to $22.00. They now have a “buy” rating on the stock.
• 3/6/2026 – Permian Resources was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
• 3/6/2026 – Permian Resources had its price target raised by Citigroup Inc. from $17.00 to $21.00. They now have a “buy” rating on the stock.
• 3/5/2026 – Permian Resources had its price target raised by Piper Sandler from $20.00 to $24.00. They now have an “overweight” rating on the stock.
• 3/5/2026 – Permian Resources had its price target raised by UBS Group AG from $19.00 to $23.00. They now have a “buy” rating on the stock.
• 3/5/2026 – Permian Resources was downgraded by Benchmark Co. from “buy” to “hold”.
• 3/2/2026 – Permian Resources had its price target raised by Royal Bank Of Canada from $18.00 to $20.00. They now have an “outperform” rating on the stock.
• 2/26/2026 – Permian Resources had its “strong-buy” rating reaffirmed by Raymond James Financial, Inc.. They now have a $21.00 price target on the stock.
• 2/18/2026 – Permian Resources was upgraded by Zacks Research from “strong sell” to “hold”.
• 2/9/2026 – Permian Resources was upgraded by TD Cowen to “strong-buy”.

Permian Resources Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th were paid a $0.16 dividend. This is a boost from Permian Resources’s previous quarterly dividend of $0.15. The ex-dividend date was Tuesday, March 17th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 3.0%. Permian Resources’s dividend payout ratio (DPR) is currently 51.20%.

Insiders Place Their Bets

In other news, EVP Guy M. Oliphint sold 4,999 shares of the company’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $18.28, for a total value of $91,381.72. Following the sale, the executive vice president owned 605,272 shares in the company, valued at approximately $11,064,372.16. This represents a 0.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Jeffrey Tepper sold 50,000 shares of the company’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $19.38, for a total transaction of $969,000.00. Following the completion of the sale, the director owned 150,546 shares in the company, valued at approximately $2,917,581.48. This trade represents a 24.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 3,130,066 shares of company stock worth $58,837,655. Company insiders own 6.44% of the company’s stock.

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.