Permian Resources Corporation Class A (PR)

In the past six months, Permian Resources' stock has shown strong momentum, with a 23.7% gain and reaching a 52-week high of $16.73 as of February 6, 2026. Analyst ratings and price targets from various research firms have influenced the stock. Permian Resources delivered a strong first quarter 2025, exceeding expectations with its highest free cash flow per share in company history. The company successfully closed the bolt-on acquisition of Barilla Draw during Q1 2025, enhancing its Delaware Basin footprint. Permian Resources completed a corporate reorganization, allowing management and long-term holders to exchange Class C shares for Class A shares. In January 2026, CEO James H. Walter and EVP Robert Regan Shannon sold a significant number of shares. Permian Resources pays an annual dividend of $0.60, representing a 3.54% yield.

The demand for Permian Resources Holdings, Inc.'s products is tied to the broader energy market, which is subject to cyclical and seasonal fluctuations. Demand for natural gas increases during colder months for heating and warmer months for electricity generation. Crude oil demand is influenced by global economic activity, travel, and industrial production, which may have seasonal patterns. The company's performance is linked to macro-level commodity price cycles.

Permian Resources Holdings, Inc. is an independent exploration and production company focused on acquiring, developing, and optimizing oil and natural gas assets in the Permian Basin. The company operates within the Energy sector, specifically in the Oil & Gas Exploration & Production industry. Its core business involves the production and sale of crude oil, natural gas, and natural gas liquids, utilizing technologies like horizontal drilling and hydraulic fracturing. Formed in 2019 and headquartered in Midland, Texas, Permian Resources aims to generate superior shareholder returns through its extensive acreage, advanced technologies, and experienced management.

Permian Resources' operations are concentrated in the Permian Basin, specifically the Delaware Basin, spanning West Texas and southeastern New Mexico. The company holds approximately 475,000 net leasehold acres, with a significant concentration in Eddy and Lea Counties, New Mexico, and Reeves and Ward Counties, Texas. This strategic positioning allows the company to capitalize on advantageous geological characteristics and infrastructure.

Permian Resources generally maintains a positive brand reputation within the financial community, indicated by its "Moderate Buy" consensus rating from analysts. The company is recognized for its operational excellence, cost management, and disciplined capital allocation. Strong financial results and strategic acquisitions have positively impacted its reputation. Corporate governance improvements have reinforced operational and governance efficiency. Significant insider selling could potentially raise questions about insider confidence.

Permian Resources Corporation has significant institutional ownership, with 1027 institutional owners and shareholders holding a total of 869,413,318 shares. Hedge funds and other institutional investors own 91.84% of the company's stock. Major institutional owners include Vanguard Group Inc. and BlackRock, Inc. Individual insiders own 5.58% of the company's shares, including William Hickey and James Walter.