Q1 Earnings Forecast for Permian Resources Issued By KeyCorp

Permian Resources Corporation (NYSE:PR) – Equities research analysts at KeyCorp issued their Q1 2026 EPS estimates for Permian Resources in a research note issued on Monday, April 6th. KeyCorp analyst T. Rezvan anticipates that the company will post earnings of $0.39 per share for the quarter. KeyCorp has a “Strong-Buy” rating on the stock. The consensus estimate for Permian Resources’ current full-year earnings is $1.45 per share. KeyCorp also issued estimates for Permian Resources’ Q2 2026 earnings at $0.55 EPS, Q3 2026 earnings at $0.63 EPS, Q4 2026 earnings at $0.62 EPS, FY2026 earnings at $2.18 EPS, Q1 2027 earnings at $0.61 EPS, Q2 2027 earnings at $0.56 EPS, Q3 2027 earnings at $0.54 EPS, Q4 2027 earnings at $0.56 EPS and FY2027 earnings at $2.28 EPS.

Permian Resources (NYSE:PR) last issued its quarterly earnings results on Wednesday, February 25th. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.09. Permian Resources had a net margin of 18.46% and a return on equity of 10.83%. The business had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter in the previous year, the firm earned $0.36 earnings per share. The company’s revenue for the quarter was down 9.8% on a year-over-year basis.

PR has been the topic of several other research reports. Weiss Ratings raised shares of Permian Resources from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, March 6th. Susquehanna lowered their target price on shares of Permian Resources from $20.00 to $18.00 and set a “positive” rating on the stock in a report on Monday, January 26th. Zacks Research raised shares of Permian Resources from a “hold” rating to a “strong-buy” rating in a report on Friday, March 27th. Citigroup boosted their target price on shares of Permian Resources from $21.00 to $26.00 and gave the stock a “buy” rating in a report on Tuesday, March 31st. Finally, Morgan Stanley lowered their target price on shares of Permian Resources from $19.00 to $18.00 and set an “overweight” rating on the stock in a report on Friday, January 23rd. Five equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $21.67.

Permian Resources Price Performance

Shares of NYSE:PR opened at $21.35 on Wednesday. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.78 and a quick ratio of 0.78. Permian Resources has a 1-year low of $10.01 and a 1-year high of $21.99. The company has a market capitalization of $17.86 billion, a P/E ratio of 17.08, a P/E/G ratio of 3.15 and a beta of 0.56. The firm’s 50 day simple moving average is $18.65 and its two-hundred day simple moving average is $15.40.

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 issued a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 3.0%. This is a boost from Permian Resources’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Tuesday, March 17th. Permian Resources’s payout ratio is presently 51.20%.

Insider Transactions at Permian Resources

In related news, CEO James H. Walter sold 673,425 shares of the business’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $18.38, for a total value of $12,377,551.50. Following the sale, the chief executive officer owned 9,389,405 shares in the company, valued at approximately $172,577,263.90. The trade was a 6.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO William M. Hickey III sold 898,423 shares of the business’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $18.38, for a total transaction of $16,513,014.74. Following the completion of the sale, the chief executive officer owned 9,389,405 shares in the company, valued at $172,577,263.90. This represents a 8.73% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 3,130,066 shares of company stock valued at $58,837,655. 6.44% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Permian Resources

Several large investors have recently bought and sold shares of PR. Farther Finance Advisors LLC increased its position in Permian Resources by 114.1% in the third quarter. Farther Finance Advisors LLC now owns 1,965 shares of the company’s stock worth $25,000 after purchasing an additional 1,047 shares during the last quarter. SHP Wealth Management bought a new stake in Permian Resources in the fourth quarter worth $27,000. Los Angeles Capital Management LLC bought a new stake in Permian Resources in the fourth quarter worth $39,000. State of Wyoming increased its position in Permian Resources by 126.8% in the fourth quarter. State of Wyoming now owns 2,933 shares of the company’s stock worth $41,000 after purchasing an additional 1,640 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in Permian Resources by 340.8% in the second quarter. EverSource Wealth Advisors LLC now owns 4,170 shares of the company’s stock worth $57,000 after purchasing an additional 3,224 shares during the last quarter. Institutional investors own 91.84% of the company’s stock.

Permian Resources Company Profile

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.