Permian Resources (US:PR) ZACKS·2026-02-20 15:15Core Insights - Permian Resources (PR) is expected to report quarterly earnings of $0.28 per share, a decline of 22.2% year-over-year, with revenues forecasted at $1.28 billion, reflecting a decrease of 0.9% compared to the previous year [1] Earnings Estimates - The consensus EPS estimate has been revised 12.4% lower in the last 30 days, indicating a collective reevaluation by analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock performance [3] Production Metrics - Analysts predict 'Average daily net production - Total' to reach 403,909 barrels of oil equivalent per day, up from 368,414 barrels per day a year ago [5] - 'Average daily net production - Natural gas' is estimated at 679,771 thousand cubic feet per day, compared to 634,546 thousand cubic feet per day last year [5] - 'Average daily net production - NGL' is projected at 102,533 barrels per day, an increase from 91,382 barrels per day a year ago [6] - 'Average daily net production - Oil' is expected to be 188,760 barrels per day, up from 171,274 barrels per day in the same quarter last year [6] Sales Price Estimates - The estimated 'Average sales prices - Oil - Including Derivative Cash Settlements' is $62.18, down from $70.75 a year ago [7] - 'Average sales prices - NGL - Excluding the effects of GP&T' is forecasted to be $15.71, compared to $24.05 in the same quarter last year [7] - The average prediction for 'Average sales prices - Oil - Excluding the effects of hedging' is $58.60, down from $69.66 a year ago [8] Stock Performance - Over the past month, shares of Permian Resources have returned +22.4%, while the Zacks S&P 500 composite has changed by -0.8% [8] - Currently, PR holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [8]