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Permian Resources (PR) Receives a Buy from RBC Capital

Tipranks - Tipranks - Tue May 26, 9:00PM CDT

In a report released on May 22, Scott Hanold from RBC Capital maintained a Buy rating on Permian Resources, with a price target of $27.00. The company’s shares closed last Friday at $20.44.

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Hanold covers the Energy sector, focusing on stocks such as SM Energy, Chord Energy, and Infinity Natural Resources, Inc. Class A. According to TipRanks, Hanold has an average return of 21.5% and a 68.14% success rate on recommended stocks.

In addition to RBC Capital, Permian Resources also received a Buy from Wells Fargo’s Hanwen Chang in a report issued yesterday. However, on May 21, Roth MKM maintained a Hold rating on Permian Resources (NYSE: PR).

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Based on Permian Resources’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.39 billion and a net profit of $43.62 million. In comparison, last year the company earned a revenue of $1.38 billion and had a net profit of $329.3 million

Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PR in relation to earlier this year. Most recently, in March 2026, William Quinn, a Director at PR sold 512,429.00 shares for a total of $10,038,484.11.

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