Permian Resources Corporation will release its second quarter 2026 financial and operating results after the market closes on Wednesday, August 5, 2026. The announcement will provide insight into the performance of the independent oil and natural gas company’s assets in the Permian Basin. Management will discuss these findings during a conference call scheduled for the following day.

Conference Call Details

The earnings conference call is set for Thursday, August 6, 2026, at 9:00 a.m. Central Time (10:00 a.m. Eastern). Interested parties must dial (833) 461-5787 and use Conference ID 413137922 at least 15 minutes before the start time. Alternatively, participants can join via the internet through the company’s official website.

A replay of the call will be available on Permian Resources’ website immediately following the event.

Company Overview

Headquartered in Midland, Texas, Permian Resources focuses on driving returns through the acquisition, optimization, and development of high-return oil and natural gas properties. The company holds approximately 500,000 net acres in West Texas and Southeast New Mexico, positioning it as the second largest Permian Basin pure-play exploration and production (E&P) firm. Its operations are concentrated primarily in the core of the Delaware Basin.

Morgan Stanley analyst Devin McDermott has adjusted the price target for Permian Resources to $24, down from the previous $25, while maintaining an Overweight rating on the stock. The revision reflects a reassessment of the company's valuation potential despite a continued positive outlook on its performance.

Rating and Price Action

The firm's decision to keep the Overweight rating suggests confidence in the company's ability to outperform the market or its sector peers. The reduction in the price target indicates a recalibration of the expected upside based on current market conditions and operational metrics.

Permian Resources trades on the NYSE under the ticker PR. The updated price target provides investors with a revised benchmark for the stock's potential trajectory over the near term.