Analyst Gabriele Sorbara of Siebert Williams Shank & Co maintained a Buy rating on Permian Resources, with a price target of $17.00.
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Gabriele Sorbara has given his Buy rating due to a combination of factors that highlight Permian Resources’ strong performance and promising future outlook. The company reported impressive third-quarter results for 2025, surpassing expectations in oil production, DCFPS, EBITDA, and free cash flow, all achieved with lower operating costs and slightly reduced capital expenditures. This performance has led to an improved outlook for the remainder of 2025, with production guidance exceeding both the analyst’s and consensus estimates.
Looking ahead to 2026, several positive factors are expected to contribute to Permian Resources’ continued success. These include reduced drilling and completion costs, a higher production base from the second half of 2025, ongoing operational momentum, and improved gas pricing due to strategic agreements. These elements are anticipated to enhance production efficiency, capital expenditure management, and free cash flow, supporting the company’s attractive valuation, low leverage, and competitive dividend returns. As a result, Sorbara maintains a Buy rating, expecting the stock to outperform in the market.
Based on the recent corporate insider activity of 21 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.