Analyst Paul Diamond CFA of Citi maintained a Buy rating on Permian Resources, with a price target of $17.00.
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Paul Diamond CFA has given his Buy rating due to a combination of factors that reflect strong financial performance and strategic positioning of Permian Resources. The company reported third-quarter 2025 earnings with adjusted cash flow of approximately $949 million, which exceeded both the consensus and the firm’s estimates. This outperformance was driven by higher-than-expected production, lower operating expenses, and favorable pricing for oil and natural gas.
Additionally, the company’s natural gas marketing efforts have shown notable progress, which is expected to positively influence future activity. Looking ahead, production is anticipated to increase slightly, aligning with the higher end of the oil range, while capital expenditure is projected to decrease modestly. These factors, combined with a positive outlook for 2026, support the Buy rating and a target price of $17 per share.
In another report released on November 7, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $14.50 price target.
PR’s price has also changed moderately for the past six months – from $11.890 to $13.260, which is a 11.52% increase.