Permian Resources (PR) is down 6.4% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely driver is a sector-wide reaction to weaker crude prices, which can quickly pressure exploration-and-production stocks tied to oil realizations. The move may also be getting a small mechanical hit from PR trading ex-dividend on September 16, 2026, although the $0.16 payout by itself would explain only a small part of a 6.4% decline. ([apnews.com](https://apnews.com/article/e2e82957e490b7be205db6013f621c3d?utm_source=openai))
Details:
Sources:
Permian Resources, SEC, AP News
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$PR Insider Trading Activity
$PR insiders have traded $PR stock on the open market 6 times in the past 6 months. Of those trades, 0 have been purchases and 6 have been sales.
Here’s a breakdown of recent trading of $PR stock by insiders over the last 6 months:
- WILLIAM J QUINN sold 512,429 shares for an estimated $10,038,484
- GUY M OLIPHINT (EVP, Chief Financial Officer) has made 0 purchases and 2 sales selling 67,872 shares for an estimated $1,404,207.
- ARON MARQUEZ sold 7,750 shares for an estimated $152,031
- JOHN CHARLES BELL (EVP, General Counsel) sold 5,492 shares for an estimated $130,455
- ROBERT REGAN SHANNON (EVP, Chief Accounting Officer) sold 5,104 shares for an estimated $121,227
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$PR Hedge Fund Activity
We have seen 346 institutional investors add shares of $PR stock to their portfolio, and 296 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 17,707,130 shares (+454.4%) to their portfolio in Q2 2026, for an estimated $325,988,263
- CAPITAL WORLD INVESTORS added 17,152,633 shares (+540.8%) to their portfolio in Q2 2026, for an estimated $315,779,973
- BARROW HANLEY MEWHINNEY & STRAUSS LLC removed 13,593,155 shares (-39.3%) from their portfolio in Q2 2026, for an estimated $250,249,983
- ENCAP INVESTMENTS L.P. removed 9,305,061 shares (-74.6%) from their portfolio in Q2 2026, for an estimated $171,306,173
- BLACKROCK, INC. added 7,983,588 shares (+11.2%) to their portfolio in Q2 2026, for an estimated $146,977,855
- BANK OF NEW YORK MELLON CORP removed 7,683,241 shares (-50.4%) from their portfolio in Q2 2026, for an estimated $141,448,466
- VICTORY CAPITAL MANAGEMENT INC added 7,206,296 shares (+156.7%) to their portfolio in Q2 2026, for an estimated $132,667,909
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$PR Price Targets
Multiple analysts have issued price targets for $PR recently. We have seen 10 analysts offer price targets for $PR in the last 6 months, with a median target of $25.0.
Here are some recent targets:
- Devin McDermott from Morgan Stanley set a target price of $24.0 on 06/29/2026
- Chris Baker from Evercore ISI Group set a target price of $25.0 on 06/23/2026
- John Freeman from Raymond James set a target price of $26.0 on 06/17/2026
- Nitin Kumar from Mizuho set a target price of $27.0 on 05/27/2026
- Betty Zhang from Scotiabank set a target price of $25.0 on 04/22/2026
- Gabe Daoud from Truist Securities set a target price of $25.0 on 04/14/2026
- Hanwen Chang from Wells Fargo set a target price of $27.0 on 04/10/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
