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 |
|---|---|---|---|
| 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 |
| March 31, 2025 | $0.15 | 2025-03-17 | 2025-03-17 |
| November 22, 2024 | $0.15 | 2024-11-14 | 2024-11-14 |
Dividends Summary
- Consistent Payer: Permian Resources Corporation has rewarded shareholders with 19 dividend payments over the past 19 years.
- Total Returned Value: Investors who held PR shares during this period received a total of $1.92 per share in dividend income.
- Latest Payout: The most recent dividend of $0.15/share was paid 23 days ago, on December 31, 2025.
- Yield & Schedule: PR currently pays dividends quarterly with an annual yield of 4.11%.
- Dividend Growth: Since 2006, the dividend payout has decreased by 21.1%, from $0.19 to $0.15.
- Dividend Reliability: PR has maintained or increased its dividend for 6 consecutive payments.
Company News
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.
BMO Capital upgraded Permian Resources' stock rating to Outperform, citing the company's expanded operations in the Delaware Basin, strong operational execution, and strategic mergers and acquisitions. The firm also set a new price target of $21, indicating a positive outlook on the stock's future performance.
Permian Resources (NYSE:PR) underwent analysis by 14 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferen...
