BNP Paribas Financial Markets Increases Stock Holdings in Permian Resources Corporation $PR

BNP Paribas Financial Markets boosted its position in Permian Resources Corporation (NYSE:PR) by 578.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,168,396 shares of the company’s stock after purchasing an additional 996,138 shares during the period. BNP Paribas Financial Markets’ holdings in Permian Resources were worth $16,393,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Impact Partnership Wealth LLC purchased a new position in Permian Resources in the fourth quarter worth about $218,000. Eurizon Capital SGR S.p.A. purchased a new position in Permian Resources in the fourth quarter worth about $1,560,000. SBI Okasan Asset Management Co.Ltd. purchased a new position in Permian Resources in the fourth quarter worth about $90,000. Savant Capital LLC boosted its position in Permian Resources by 59.2% in the fourth quarter. Savant Capital LLC now owns 20,647 shares of the company’s stock worth $290,000 after purchasing an additional 7,680 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in Permian Resources by 3.0% in the fourth quarter. Geode Capital Management LLC now owns 13,291,523 shares of the company’s stock worth $186,534,000 after purchasing an additional 382,777 shares during the last quarter. 91.84% of the stock is owned by hedge funds and other institutional investors.

Permian Resources News Roundup

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

• Positive Sentiment: KeyCorp raised its Q3 2026 EPS estimate to $0.68 from $0.61, suggesting stronger expected profitability later this year.
• Positive Sentiment: KeyCorp lifted its Q4 2026 EPS estimate to $0.62 from $0.60 and also increased FY2026 EPS expectations to $2.22 from $2.18, signaling improved full-year outlook.
• Positive Sentiment: The broker maintained a Strong Buy rating, which may help support sentiment despite the forecast changes.
• Neutral Sentiment: A separate Zacks note said Permian Resources was up only slightly since its last earnings report, with the article framing whether post-earnings momentum can continue. Permian Resources (PR) Up 0.4% Since Last Earnings Report: Can It Continue?
• Negative Sentiment: KeyCorp trimmed its Q2 2026 EPS estimate to $0.53 from $0.57, which may have weighed on the stock because it signals weaker near-term earnings.
• Negative Sentiment: The firm also lowered its Q2 2027 and Q3 2027 EPS estimates slightly, and cut FY2027 EPS to $2.46 from $2.48, reinforcing a more cautious longer-term view.

Permian Resources Stock Down 4.9%

PR stock opened at $19.18 on Friday. Permian Resources Corporation has a twelve month low of $11.92 and a twelve month high of $22.67. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.31. The stock has a market cap of $16.06 billion, a P/E ratio of 22.30 and a beta of 0.48. The business’s 50-day moving average price is $20.50 and its 200-day moving average price is $17.54.

Permian Resources (NYSE:PR) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.01. Permian Resources had a return on equity of 10.53% and a net margin of 12.79%.The company had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.41 billion. During the same period in the previous year, the firm earned $0.44 EPS. The firm’s revenue was up .9% compared to the same quarter last year. On average, equities research analysts forecast that Permian Resources Corporation will post 2.01 EPS for the current year.

Permian Resources Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th will be issued a $0.16 dividend. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $0.64 dividend on an annualized basis and a yield of 3.3%. Permian Resources’s payout ratio is currently 74.42%.

Insiders Place Their Bets

In related news, Director Jeffrey Tepper sold 50,000 shares of the business’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $19.38, for a total value of $969,000.00. Following the transaction, the director directly owned 150,546 shares of the company’s stock, valued at approximately $2,917,581.48. The trade was a 24.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Guy M. Oliphint sold 62,769 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $20.44, for a total value of $1,282,998.36. Following the completion of the transaction, the executive vice president directly owned 542,503 shares in the company, valued at approximately $11,088,761.32. This represents a 10.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,438,198 shares of company stock valued at $27,865,280 in the last 90 days. 5.00% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages have issued reports on PR. Scotiabank raised their target price on Permian Resources from $21.00 to $25.00 and gave the stock a “sector outperform” rating in a research report on Wednesday, April 22nd. Weiss Ratings cut Permian Resources from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 12th. Raymond James Financial reaffirmed a “strong-buy” rating and set a $21.00 price objective on shares of Permian Resources in a research report on Thursday, February 26th. Roth Mkm reaffirmed a “neutral” rating and set a $22.00 price objective (up from $20.00) on shares of Permian Resources in a research report on Wednesday, April 8th. Finally, Zacks Research cut Permian Resources from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 22nd. Three research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $22.69.

Permian Resources 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.