Morgan Stanley initiated coverage on Permian Resources with a new price target
$PR
Oil & Gas Production
Energy
Morgan Stanley initiated coverage of Permian Resources with a rating of Overweight and set a new price target of $19.00
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Recent Analyst Ratings for $PR
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/5/2025 | $17.00 → $20.00 | Neutral → Positive | Susquehanna |
| 1/10/2025 | $19.00 | Overweight | Morgan Stanley |
| 9/30/2024 | $19.00 | Buy | Goldman |
| 7/18/2024 | Peer Perform | Wolfe Research | |
| 7/3/2024 | $21.00 | Market Perform → Outperform | BMO Capital Markets |
| 6/14/2024 | $20.00 | Buy | BofA Securities |
| 4/9/2024 | $24.00 | Strong Buy | Raymond James |
| 1/5/2024 | $15.00 | Neutral | BofA Securities |
Permian Resources Announces Strong Fourth Quarter 2024 Results and Provides Full Year 2025 Plan with Increased Capital Efficiency
Permian Resources Corporation ("Permian Resources" or the "Company") (NYSE:PR) today announced its fourth quarter and full year 2024 financial and operational results and 2025 operational plans. Fourth Quarter 2024 Financial and Operational Highlights Reported crude oil and total average production of 171.3 MBbls/d and 368.4 MBoe/d Announced cash capital expenditures of $504 million, cash provided by operating activities of $872 million and adjusted free cash flow1 of $400 million Reduced D&C costs to ~$775 per lateral foot Announced the divestiture of Barilla Draw natural gas and oil gathering systems for $180 million Added ~2,100 net acres through >90 grassroots transacti
Permian Resources Declares Quarterly Cash Dividend
Permian Resources Corporation ("Permian Resources" or the "Company") (NYSE:PR) today announced that its Board of Directors (the "Board") declared a quarterly base cash dividend of $0.15 per share of Class A common stock, or $0.60 per share on an annualized basis. The base dividend is payable on March 31, 2025 to shareholders of record as of March 17, 2025. About Permian Resources Headquartered in Midland, Texas, Permian Resources is an independent oil and natural gas company focused on the responsible acquisition, optimization and development of high-return oil and natural gas properties. The Company's assets and operations are concentrated in the core of the Delaware Basin, making it t
Permian Resources Announces Fourth Quarter and Full Year 2024 Earnings Conference Call
Permian Resources Corporation ("Permian Resources" or the "Company") (NYSE:PR) announced today that it will report fourth quarter and full year 2024 financial and operating results after the market closes for trading on Tuesday, February 25, 2025. Management will host an earnings conference call on Wednesday, February 26, 2025 at 9:00 a.m. Central (10:00 a.m. Eastern). Interested parties are invited to participate on the call by dialing (800) 549-8228 (Conference ID: 75050) at least 15 minutes prior to the start of the call or via the internet at www.permianres.com. A replay of the call will be available on the Company's website or by phone at (888) 660-6264 (Passcode: 75050) for a 14-day p
Permian Resources upgraded by Susquehanna with a new price target
Susquehanna upgraded Permian Resources from Neutral to Positive and set a new price target of $20.00 from $17.00 previously
Morgan Stanley initiated coverage on Permian Resources with a new price target
Morgan Stanley initiated coverage of Permian Resources with a rating of Overweight and set a new price target of $19.00
Goldman initiated coverage on Permian Resources with a new price target
Goldman initiated coverage of Permian Resources with a rating of Buy and set a new price target of $19.00
Director Quinn William J bought $3,024,525 worth of shares (250,000 units at $12.10) (SEC Form 4)
4 - Permian Resources Corp (0001658566) (Issuer)
Director Quinn William J bought $9,622,450 worth of shares (750,000 units at $12.83) (SEC Form 4)
4 - Permian Resources Corp (0001658566) (Issuer)
Director Quinn William J bought $3,994,821 worth of shares (312,429 units at $12.79) (SEC Form 4)
4 - Permian Resources Corp (0001658566) (Issuer)
EVP, Chief Financial Officer Oliphint Guy M was granted 37,879 shares, increasing direct ownership by 29% to 168,346 units (SEC Form 4)
4 - Permian Resources Corp (0001658566) (Issuer)
EVP, General Counsel Bell John Charles was granted 37,879 shares, increasing direct ownership by 51% to 112,312 units (SEC Form 4)
4 - Permian Resources Corp (0001658566) (Issuer)
EVP, Chief Accounting Officer Shannon Robert Regan was granted 37,879 shares, increasing direct ownership by 65% to 96,547 units (SEC Form 4)
4 - Permian Resources Corp (0001658566) (Issuer)
SEC Form 10-K filed by Permian Resources Corporation
10-K - Permian Resources Corp (0001658566) (Filer)
Permian Resources Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits
8-K - Permian Resources Corp (0001658566) (Filer)
SEC Form 10-Q filed by Permian Resources Corporation
10-Q - Permian Resources Corp (0001658566) (Filer)
Permian Resources Announces Strong Fourth Quarter 2024 Results and Provides Full Year 2025 Plan with Increased Capital Efficiency
Permian Resources Corporation ("Permian Resources" or the "Company") (NYSE:PR) today announced its fourth quarter and full year 2024 financial and operational results and 2025 operational plans. Fourth Quarter 2024 Financial and Operational Highlights Reported crude oil and total average production of 171.3 MBbls/d and 368.4 MBoe/d Announced cash capital expenditures of $504 million, cash provided by operating activities of $872 million and adjusted free cash flow1 of $400 million Reduced D&C costs to ~$775 per lateral foot Announced the divestiture of Barilla Draw natural gas and oil gathering systems for $180 million Added ~2,100 net acres through >90 grassroots transacti
Permian Resources Declares Quarterly Cash Dividend
Permian Resources Corporation ("Permian Resources" or the "Company") (NYSE:PR) today announced that its Board of Directors (the "Board") declared a quarterly base cash dividend of $0.15 per share of Class A common stock, or $0.60 per share on an annualized basis. The base dividend is payable on March 31, 2025 to shareholders of record as of March 17, 2025. About Permian Resources Headquartered in Midland, Texas, Permian Resources is an independent oil and natural gas company focused on the responsible acquisition, optimization and development of high-return oil and natural gas properties. The Company's assets and operations are concentrated in the core of the Delaware Basin, making it t
Permian Resources Announces Fourth Quarter and Full Year 2024 Earnings Conference Call
Permian Resources Corporation ("Permian Resources" or the "Company") (NYSE:PR) announced today that it will report fourth quarter and full year 2024 financial and operating results after the market closes for trading on Tuesday, February 25, 2025. Management will host an earnings conference call on Wednesday, February 26, 2025 at 9:00 a.m. Central (10:00 a.m. Eastern). Interested parties are invited to participate on the call by dialing (800) 549-8228 (Conference ID: 75050) at least 15 minutes prior to the start of the call or via the internet at www.permianres.com. A replay of the call will be available on the Company's website or by phone at (888) 660-6264 (Passcode: 75050) for a 14-day p
Amendment: SEC Form SC 13D/A filed by Permian Resources Corporation
SC 13D/A - Permian Resources Corp (0001658566) (Subject)
SEC Form SC 13G/A filed by Permian Resources Corporation (Amendment)
SC 13G/A - Permian Resources Corp (0001658566) (Subject)
SEC Form SC 13D/A filed by Permian Resources Corporation (Amendment)
SC 13D/A - Permian Resources Corp (0001658566) (Subject)