Reported 3 days ago
Permian Resources Corporation (NYSE:PR) experienced a 7.97% drop in share price from September 26 to October 3, 2025, primarily due to falling global oil prices influenced by OPEC+ output and potential US government shutdown. Despite this downturn, Scotiabank analyst Paul Cheng has rated the company as 'Outperform' with a price target of $21, citing its strong potential for free cash flow growth and impressive dividend yield of 4.77%, making it a noteworthy investment in its sector.
Source: YAHOO