Permian Resources Corporation (NYSE:PR) Shareholders to Receive $0.16 Quarterly Dividend

Permian Resources Corporation (NYSE:PR) announced a quarterly dividend on Wednesday, November 4th. Stockholders of record on Thursday, December 17th will be given a dividend of $0.16 per share on Thursday, December 31st. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Thursday, December 17th.

Permian Resources has a dividend payout ratio of 46.7% meaning its dividend is sufficiently covered by earnings. Analysts expect Permian Resources to earn $2.71 per share next year, which means the company should continue to be able to cover its $0.64 annual dividend with an expected future payout ratio of 23.6%.

Permian Resources Price Performance

Shares of NYSE:PR opened at $22.45 on Thursday. The company’s 50-day moving average is $23.42 and its 200 day moving average is $20.46. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.62 and a current ratio of 0.62. The company has a market capitalization of $18.81 billion, a P/E ratio of 14.87 and a beta of 0.62. Permian Resources has a fifty-two week low of $12.06 and a fifty-two week high of $26.07.

Permian Resources (NYSE:PR) last posted its quarterly earnings data on Wednesday, November 4th. The company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.08. The business had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.78 billion. Permian Resources had a net margin of 21.52% and a return on equity of 13.47%. The firm’s quarterly revenue was up 48.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.08 earnings per share. On average, equities research analysts forecast that Permian Resources will post 2.46 earnings per share for the current year.

Permian Resources News Summary

Here are the key news stories impacting Permian Resources this week:

• Positive Sentiment: Third-quarter EPS was $0.69, above the $0.61 consensus, while revenue of $1.96 billion topped the $1.78 billion estimate and rose 48.1% year over year. Permian Resources Q3 earnings and revenues surpass estimates
• Positive Sentiment: Production increased quarter over quarter: oil output rose 5% and total production 22%, to 457.5 thousand barrels of oil equivalent per day. The company also updated its full-year guidance. Permian Resources announces third-quarter results and updated guidance
• Positive Sentiment: Coverage highlighted a $300 million free-cash-flow upgrade, which could support the company’s financial flexibility. Permian Resources Q3 2026: Record Costs and a $300M Free Cash Flow Upgrade
• Positive Sentiment: PR declared a quarterly dividend of $0.16 per share, or $0.64 annualized, representing a 2.9% yield. Permian Resources declares quarterly cash dividend
• Neutral Sentiment: The company acquired Ridge Runner Resources II for $1.2 billion. The deal adds assets, though its scale also raises questions about capital deployment. Permian Resources acquires Ridge Runner Resources II
• Negative Sentiment: “Record costs” were highlighted in earnings coverage, potentially tempering the otherwise strong results and cash-flow outlook. Permian Resources Q3 2026: Record Costs and a $300M Free Cash Flow Upgrade

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.