Robert Regan Shannon Sells 70,254 Shares of Permian Resources (NYSE:PR) Stock

Permian Resources Corporation (NYSE:PR) EVP Robert Regan Shannon sold 70,254 shares of the stock in a transaction on Monday, January 5th. The shares were sold at an average price of $13.76, for a total value of $966,695.04. Following the sale, the executive vice president owned 467,072 shares of the company’s stock, valued at approximately $6,426,910.72. This represents a 13.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Robert Regan Shannon also recently made the following trade(s):

• On Tuesday, January 6th, Robert Regan Shannon sold 106,405 shares of Permian Resources stock. The stock was sold at an average price of $13.63, for a total value of $1,450,300.15.

Permian Resources Stock Performance

PR opened at $14.10 on Friday. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.31. The firm’s fifty day simple moving average is $13.93 and its two-hundred day simple moving average is $13.62. Permian Resources Corporation has a 52-week low of $10.01 and a 52-week high of $16.03. The company has a market cap of $11.69 billion, a price-to-earnings ratio of 12.93 and a beta of 0.66.

Permian Resources (NYSE:PR) last released its quarterly earnings results on Wednesday, November 5th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.22). The firm had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.33 billion. Permian Resources had a net margin of 15.65% and a return on equity of 11.03%. The firm’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.53 EPS. Equities analysts anticipate that Permian Resources Corporation will post 1.45 earnings per share for the current fiscal year.

Permian Resources Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 17th were paid a dividend of $0.15 per share. The ex-dividend date was Wednesday, December 17th. This represents a $0.60 annualized dividend and a dividend yield of 4.3%. Permian Resources’s dividend payout ratio is 55.05%.

Institutional Investors Weigh In On Permian Resources

Institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in shares of Permian Resources by 10.4% during the 3rd quarter. Vanguard Group Inc. now owns 71,463,525 shares of the company’s stock valued at $914,733,000 after purchasing an additional 6,705,644 shares during the period. Dimensional Fund Advisors LP lifted its position in Permian Resources by 20.9% during the third quarter. Dimensional Fund Advisors LP now owns 27,101,840 shares of the company’s stock valued at $346,919,000 after purchasing an additional 4,691,280 shares during the period. Bank of New York Mellon Corp raised its stake in shares of Permian Resources by 86.8% in the second quarter. Bank of New York Mellon Corp now owns 23,963,307 shares of the company’s stock worth $326,380,000 after buying an additional 11,133,354 shares during the period. Massachusetts Financial Services Co. MA lifted its position in shares of Permian Resources by 8.3% in the third quarter. Massachusetts Financial Services Co. MA now owns 18,453,672 shares of the company’s stock worth $236,207,000 after buying an additional 1,421,059 shares in the last quarter. Finally, Boston Partners grew its holdings 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 purchasing an additional 7,503,654 shares during the last quarter. 91.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have recently issued reports on PR shares. Royal Bank Of Canada lifted their price target on Permian Resources from $17.00 to $18.00 and gave the stock an “outperform” rating in a research note on Thursday, October 9th. UBS Group upped their target price on shares of Permian Resources from $17.00 to $19.00 and gave the stock a “buy” rating in a research report on Friday, December 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Permian Resources in a research report on Monday, December 29th. Mizuho lifted their price target on Permian Resources from $19.00 to $21.00 and gave the stock an “outperform” rating in a research report on Friday, December 12th. Finally, Wells Fargo & Company decreased their target price on Permian Resources from $21.00 to $16.00 and set an “overweight” rating on the stock in a report on Friday, October 17th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $19.07.

Key Headlines Impacting Permian Resources

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

• Positive Sentiment: Company completed a previously announced corporate reorganization exchanging Class C for Class A shares to better align management ownership with public holders — a governance move often viewed favorably by investors. Permian Resources Completes Previously Announced Corporate Reorganization
• Positive Sentiment: Analyst coverage remains upbeat: multiple recent buy/overweight ratings and a median price target roughly in the high teens to low $20s give upside vs. current levels — supportive for sentiment if oil prices and execution hold. Quiver Quant PR analyst & market summary
• Neutral Sentiment: Social/media chatter highlights Permian basin operational efficiency and speculation about M&A or partnerships; this keeps the story active but is noisy and not a confirmed catalyst. Quiver Quant PR market dynamics
• Negative Sentiment: Multiple senior executives sold large blocks of stock in early January (CEOs William Hickey III and James Walter each executed multi-hundred-thousand-share sales across Jan. 5–6), a significant insider liquidity event that can weigh on sentiment. SEC Form 4 (Hickey)
• Negative Sentiment: EVPs and other officers — including Guy M. Oliphint, John Charles Bell and Robert Regan Shannon — sold meaningful stakes (Oliphint’s recent sales around $4.13M reported separately), and Quiver notes 12 insider sales vs. 0 purchases in the past six months. Persistent selling by multiple insiders is typically viewed negatively by investors. Benzinga: EVP $4.13M sale
• Negative Sentiment: Smaller filings and trade reports capture additional EVP sales (e.g., John Charles Bell sold ~70k shares for ~$966k) — investors should watch SEC Form 4s for timing and whether sales are part of pre-set plans. InsiderTrades: Bell sale

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.