Permian Resources Corporation
PRPermian Resources Corporation (PR) is an oil and natural gas exploration and production company focused on developing assets in the Permian Basin, a prolific shale formation in West Texas and southeastern New Mexico. The company specializes in acquiring, exploring, and producing hydrocarbons, leveraging innovative drilling techniques and technologies to optimize resource recovery and maximize efficiency in its operations.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| June 30, 2026 | $0.16 | 2026-06-16 | 2026-06-16 |
| March 31, 2026 | $0.16 | 2026-03-17 | 2026-03-17 |
| December 31, 2025 | $0.15 | 2025-12-17 | 2025-12-17 |
| September 30, 2025 | $0.15 | 2025-09-16 | 2025-09-16 |
| June 30, 2025 | $0.15 | 2025-06-16 | 2025-06-16 |
Dividends Summary
- Consistent Payer: Permian Resources Corporation has rewarded shareholders with 21 dividend payments over the past 20 years.
- Total Returned Value: Investors who held PR shares during this period received a total of $2.24 per share in dividend income.
- Latest Payout: The most recent dividend of $0.16/share was paid 18 days ago, on June 30, 2026.
- Yield & Schedule: PR currently pays dividends quarterly with an annual yield of 3.07%.
- Dividend Growth: Since 2006, the dividend payout has decreased by 15.8%, from $0.19 to $0.16.
- Dividend Reliability: PR has maintained or increased its dividend for 8 consecutive payments.
Company News
As crude oil prices rise, three mid-cap energy stocks offer differentiated exposure to the energy sector: Permian Resources is a low-cost shale operator with record production and declining drilling costs; Kosmos Energy benefits from LNG export capacity growth through its stake in the Greater Tortue Ahmeyim project; and Weatherford International,...
Goldman Sachs upgraded its oil price forecasts following the Strait of Hormuz closure, expecting Brent crude to average $80-$100/barrel in 2026 and $75/barrel in 2027. The bank identified seven energy stocks as winners, with Permian-focused E&Ps and major oil companies positioned to benefit from higher oil prices and strong cash flow generation t...
US oilfield service companies are being forced to slash prices, merge, or risk bankruptcy as a wave of mega-mergers among oil producers reduces their customer base.
Truist Securities adjusted its price target for Permian Resources Corp (NYSE:PR) from $24 to $21, citing changes in its financial model. However, the firm maintained its Buy rating on the stock, indicating a continued positive outlook on the company's shares.
Permian Resources (PR) has outperformed the market over the past 5 years, producing an average annual return of 18.36%. Investing $1,000 in PR 5 years ago would be worth $2,235.38 today.
