Seaport Global Initiates Coverage On Permian Resources with Buy Rating, Announces Price Target of $29
Seaport Global analyst Vin Lovaglio initiates coverage on Permian Resources (NYSE:PR) with a Buy rating and announces Price Target of $29.
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Permian Resources Q2 Adj. EPS $0.69 Beats $0.58 Estimate, Sales $1.858B Beat $1.669B Estimate
Permian Resources (NYSE:PR) reported quarterly earnings of $0.69 per share which beat the analyst consensus estimate of $0.58 by 18.97 percent. This is a 155.56 percent increase over earnings of $0.27 per share from the
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Wells Fargo Maintains Overweight on Permian Resources, Raises Price Target to $27
Wells Fargo analyst Sam Margolin maintains Permian Resources (NYSE:PR) with a Overweight and raises the price target from $26 to $27.
Truist Securities Maintains Buy on Permian Resources, Raises Price Target to $24
Truist Securities analyst Gabe Daoud maintains Permian Resources (NYSE:PR) with a Buy and raises the price target from $22 to $24.
Shares of oil and gas exploration and production companies are trading higher amid crude price gains due to continued Iranian demands over war reparations, unfreezing of sanctioned assets, and Strait of Hormuz tolling as negotiations with the U.S. may have reached an impasse.