Analyst Gabriele Sorbara of Siebert Williams Shank & Co reiterated a Buy rating on Permian Resources, retaining the price target of $20.00.
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Gabriele Sorbara has given his Buy rating due to a combination of factors, primarily focusing on Permian Resources’ operational execution and strategic initiatives. The company reported results that aligned with expectations and revised its 2025 outlook, reflecting a successful acquisition and operational consistency.
Additionally, Permian Resources has entered into multiple transportation and marketing agreements, which are anticipated to enhance netbacks and significantly boost cash flow by 2026. The company’s attractive valuation, low leverage, and strong capital returns supported by a competitive base dividend further reinforce the Buy rating. These elements collectively suggest a positive outlook for the company’s future performance.
Sorbara covers the Energy sector, focusing on stocks such as Civitas Resources, Comstock Resources, and Permian Resources. According to TipRanks, Sorbara has an average return of 22.6% and a 55.51% success rate on recommended stocks.
In another report released yesterday, Roth MKM also maintained a Buy rating on the stock with a $16.00 price target.