Permian Resources (NYSE:PR) EVP Guy Oliphint Sells 128,837 Shares of Stock

Key Points

  • EVP Guy Oliphint sold 128,837 shares on Jan. 5 at an average price of $13.76 for about $1.77M, cutting his stake by 14.03% to 789,587 shares (≈$10.86M), as disclosed in an SEC filing.
  • The sale is part of a broader insider liquidity event — multiple senior executives (including CEOs) executed large stock sales in early January, with reports of 12 insider sales vs. 0 purchases in the past six months, a pattern that can weigh on sentiment.
  • Fundamentals and sentiment are mixed: Permian Resources yields $0.60 annually (≈4.3%), trades around a P/E of ~12.9 with a market cap of $11.69B, and carries a consensus analyst target near $19.07 versus a current price in the low $14s.

Permian Resources Corporation (NYSE:PR - Get Free Report) EVP Guy Oliphint sold 128,837 shares of Permian Resources stock in a transaction on Monday, January 5th. The stock was sold at an average price of $13.76, for a total transaction of $1,772,797.12. Following the sale, the executive vice president directly owned 789,587 shares in the company, valued at approximately $10,864,717.12. This trade represents a 14.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Permian Resources Price Performance

Shares of NYSE PR opened at $14.10 on Friday. The firm has a 50-day simple moving average of $13.93 and a 200-day simple moving average of $13.62. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.31. The stock has a market capitalization of $11.69 billion, a price-to-earnings ratio of 12.93 and a beta of 0.66. Permian Resources Corporation has a 52 week low of $10.01 and a 52 week high of $16.03.

Permian Resources (NYSE:PR - Get Free Report) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.22). Permian Resources had a net margin of 15.65% and a return on equity of 11.03%. The business had revenue of $1.32 billion for the quarter, compared to analysts' expectations of $1.33 billion. During the same period in the prior year, the company posted $0.53 EPS. The firm's revenue was up 8.7% on a year-over-year basis. On average, equities analysts predict that Permian Resources Corporation will post 1.45 earnings per share for the current fiscal year.

Permian Resources Dividend Announcement




The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Wednesday, December 17th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend was Wednesday, December 17th. Permian Resources's dividend payout ratio (DPR) is currently 55.05%.

Permian Resources News Roundup

Here are the key news stories impacting Permian Resources this week:

  • Positive Sentiment: Company completed a previously announced corporate reorganization exchanging Class C for Class A shares to better align management ownership with public holders — a governance move often viewed favorably by investors. Permian Resources Completes Previously Announced Corporate Reorganization
  • Positive Sentiment: Analyst coverage remains upbeat: multiple recent buy/overweight ratings and a median price target roughly in the high teens to low $20s give upside vs. current levels — supportive for sentiment if oil prices and execution hold. Quiver Quant PR analyst & market summary
  • Neutral Sentiment: Social/media chatter highlights Permian basin operational efficiency and speculation about M&A or partnerships; this keeps the story active but is noisy and not a confirmed catalyst. Quiver Quant PR market dynamics
  • Negative Sentiment: Multiple senior executives sold large blocks of stock in early January (CEOs William Hickey III and James Walter each executed multi-hundred-thousand-share sales across Jan. 5–6), a significant insider liquidity event that can weigh on sentiment. SEC Form 4 (Hickey)
  • Negative Sentiment: EVPs and other officers — including Guy M. Oliphint, John Charles Bell and Robert Regan Shannon — sold meaningful stakes (Oliphint's recent sales around $4.13M reported separately), and Quiver notes 12 insider sales vs. 0 purchases in the past six months. Persistent selling by multiple insiders is typically viewed negatively by investors. Benzinga: EVP $4.13M sale
  • Negative Sentiment: Smaller filings and trade reports capture additional EVP sales (e.g., John Charles Bell sold ~70k shares for ~$966k) — investors should watch SEC Form 4s for timing and whether sales are part of pre-set plans. InsiderTrades: Bell sale

Hedge Funds Weigh In On Permian Resources

A number of hedge funds and other institutional investors have recently bought and sold shares of PR. Vident Advisory LLC increased its stake in Permian Resources by 9.9% during the first quarter. Vident Advisory LLC now owns 11,321 shares of the company's stock worth $157,000 after purchasing an additional 1,019 shares during the period. AQR Capital Management LLC grew its holdings in shares of Permian Resources by 69.2% in the first quarter. AQR Capital Management LLC now owns 149,696 shares of the company's stock valued at $2,060,000 after purchasing an additional 61,230 shares in the last quarter. Alliancebernstein L.P. increased its stake in Permian Resources by 13.3% during the 1st quarter. Alliancebernstein L.P. now owns 1,198,265 shares of the company's stock worth $16,596,000 after buying an additional 140,791 shares during the period. Jones Financial Companies Lllp increased its stake in Permian Resources by 319.7% during the 1st quarter. Jones Financial Companies Lllp now owns 124,368 shares of the company's stock worth $1,722,000 after buying an additional 94,737 shares during the period. Finally, Goldman Sachs Group Inc. lifted its holdings in Permian Resources by 18.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 5,452,127 shares of the company's stock worth $75,512,000 after buying an additional 852,347 shares in the last quarter. 91.84% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Weiss Ratings restated a "hold (c)" rating on shares of Permian Resources in a report on Monday, December 29th. Scotiabank started coverage on shares of Permian Resources in a research report on Friday, September 19th. They set a "sector outperform" rating and a $21.00 price target on the stock. Mizuho raised their price objective on shares of Permian Resources from $19.00 to $21.00 and gave the stock an "outperform" rating in a research report on Friday, December 12th. The Goldman Sachs Group boosted their target price on shares of Permian Resources from $17.00 to $18.00 and gave the company a "buy" rating in a report on Friday, November 14th. Finally, Morgan Stanley reissued an "overweight" rating on shares of Permian Resources in a research note on Thursday, November 20th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Permian Resources currently has a consensus rating of "Moderate Buy" and an average target price of $19.07.

Check Out Our Latest Stock Analysis on Permian Resources

Permian Resources Company Profile

(Get Free Report)

Permian Resources (NYSE: PR) is an independent exploration and production company focused on the acquisition, development and optimization of oil and natural gas assets in the Permian Basin. The company’s operations encompass all phases of upstream activity, including geological and geophysical analysis, drilling, completion and production. By employing horizontal drilling and hydraulic fracturing technologies, Permian Resources aims to efficiently unlock hydrocarbon reserves and deliver consistent production growth.

Headquartered in Oklahoma City, Permian Resources concentrates its asset portfolio in the Delaware and Midland sub-basins of West Texas and southeastern New Mexico.

Recommended Stories

Insider Buying and Selling by Quarter for Permian Resources (NYSE:PR)

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].

Insider Buying or Selling at Permian Resources?
Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Permian Resources and related companies.
From Our Partners
Free Insider Buying and Selling Newsletter
Enter your email address below to receive InsiderTrades.com's daily insider buying and selling report.
From Our Partners

Most Read This Month

Recent Articles