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Shannon Robert Regan, evp, chief accounting officer at Permian Resources Corp (NYSE:PR), a $11.37 billion energy company currently rated "GREAT" by InvestingPro, sold 4,742 shares of Class A Common Stock on September 2, 2025, for a total of $67,416. The sales were executed at a weighted average price of $14.2168, in multiple transactions at prices ranging from $14.085 to $14.415. The company, which offers an attractive 4.19% dividend yield, appears undervalued according to InvestingPro’s Fair Value analysis.
On the same day, Regan also acquired 38,787 shares of Class A Common Stock with a total value of $0, as part of a restricted stock award that vests in three equal annual installments beginning on September 2, 2026.
Following these transactions, Regan directly owns 130,592 shares of Permian Resources Corp.
In other recent news, Permian Resources Corp reported better-than-expected second-quarter results, with both EBITDAX and total production surpassing forecasts. This performance led UBS to reiterate its Buy rating with a $16.00 price target, emphasizing the company’s improved capital efficiency and increasing near-term free cash flow. Wells Fargo also responded to the strong quarterly performance by raising its price target to $21.00, citing the company’s inventory depth and maintaining an Overweight rating.
Meanwhile, Raymond James adjusted its price target for Permian Resources to $22.00 from $23.00, maintaining a Strong Buy rating despite a weaker commodity price environment. William Blair initiated coverage on the company with an Outperform rating, praising its high-quality assets and efficient operations. Additionally, Permian Resources registered shares for a potential exchange of its 3.25% exchangeable senior notes due 2028, according to a filing with the Securities and Exchange Commission. These developments highlight the company’s ongoing strategic maneuvers and favorable analyst perceptions.
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