Barrow Hanley Mewhinney & Strauss Adds $67M in Permian Resources Corporation ($PR)

Editorial illustration for Permian Resources Corporation (PR)

Key Points

  • Barrow Hanley Mewhinney & Strauss changed its Permian Resources Corporation ($PR) stake by 11.85% last quarter, boosting to 34,573,010 shares worth $636.49 million.
  • Wall Street's consensus rating on $PR is Strong Buy and an average price target of $26.21.
  • $PR last traded around $18.41.

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Barrow Hanley Mewhinney & Strauss increased its position in Permian Resources Corporation ($PR) by 11.85% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 34,573,010 shares of Permian Resources Corporation after buying 3,662,617 shares during the quarter. Barrow Hanley Mewhinney & Strauss's holdings in Permian Resources Corporation were worth $636.49 million as of its most recent filing.

Permian Resources Corporation Stock Down 18.9%

Shares of Permian Resources Corporation ($PR) traded around $18.41 on Saturday, down 18.9% for the day.

Last price$18.41
Market cap$19.51B
P/E ratio14.65
Forward P/E10.62
PEG ratio1.33
Beta0.48
52-week low$11.92
52-week high$24.09
50-day MA$20.54
200-day MA$18.36
Current ratio0.62
Quick ratio0.54
Debt-to-equity0.26

Permian Resources Corporation Earnings

EPS (ttm)$1.59
Revenue (ttm)$5.74B
Revenue growth55.10%
Net margin21.52%
Return on equity11.40%
Next earningsNov 4, 2026

Permian Resources Corporation Dividend

Annual dividend$0.63
Dividend yield278%
Payout ratio40%
Ex-dividend dateSep 16, 2026

Analysts Set New Price Targets

ConsensusStrong Buy
Average target$26.21
High target$30
Low target$22
Analysts covering19

About Permian Resources Corporation

Permian Resources Corporation, an independent oil and natural gas company, focuses on the development of crude oil and associated liquids-rich natural gas reserves in the United States. The company's assets primarily focus on the Delaware Basin, a sub-basin of the Permian Basin. Its properties consist of acreage blocks in Reeves County in West Texas and Lea County in New Mexico. The company was formerly known as Centennial Resource Development, Inc. and changed its name to Permian Resources Corporation in September 2022. The company was incorporated in 2015 and is headquartered in Midland, Texas.

ExchangeNYSE
SectorEnergy
IndustryOil & Gas E&P
HeadquartersMidland, TX
CEOMr. William M. Hickey III
Employees515

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