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EVP at Permian Resources Sells Shares Worth $2.42 Million

EVP at Permian Resources Sells Shares Worth $2.42 Million

101 finance101 finance2026/01/08 15:03
By:101 finance

Permian Resources Executive Reports Insider Share Sale

Regan Robert Shannon, Executive Vice President at Permian Resources (NYSE: PR), has recently reported selling company shares, as indicated in a new SEC disclosure dated January 8.

Transaction Details: According to a Form 4 submitted to the U.S. Securities and Exchange Commission, Shannon sold 176,659 shares of Permian Resources, totaling $2,416,995 in value.

On Thursday morning, shares of Permian Resources were trading at $13.40, reflecting a 0.74% decrease.

About Permian Resources

Permian Resources Corp is an independent energy company specializing in oil and natural gas. The company is dedicated to maximizing returns for its investors by responsibly acquiring, optimizing, and developing oil and liquids-rich gas assets. Its operations are primarily based in the heart of the Permian Basin, with significant land holdings in West Texas and New Mexico.

Financial Overview of Permian Resources

  • Revenue Performance: For the quarter ending September 30, 2025, Permian Resources achieved revenue growth of approximately 8.74%. While this marks a solid increase, it trails the average growth rate of other companies in the energy sector.
  • Profitability Metrics:
    • Gross Margin: The company boasts a robust gross margin of 41.58%, highlighting effective cost control and profitability relative to competitors.
    • Earnings per Share (EPS): The current EPS stands at 0.08, which is below the sector average, indicating some challenges in net earnings.
  • Debt Position: Permian Resources maintains a conservative approach to debt, with a debt-to-equity ratio of 0.37, lower than the industry standard.
  • Valuation Insights:
    • P/E Ratio: The price-to-earnings ratio is 12.05, undercutting the industry average and suggesting the stock may be undervalued.
    • P/S Ratio: The price-to-sales ratio is 1.89, also below the sector average, which could indicate undervaluation based on sales.
    • EV/EBITDA: With an EV/EBITDA ratio of 3.83, lower than most peers, the company may offer an attractive value proposition for investors.
  • Market Capitalization: The company’s market cap is smaller than the industry norm, which may reflect its growth outlook or operational scale.

The Role of Insider Transactions

While insider buying and selling should not be the sole basis for investment decisions, these activities can offer valuable perspectives on company sentiment.

Under U.S. securities law, an "insider" includes any executive, director, or major shareholder (owning over 10% of a company’s shares). These individuals are required to report their trades via Form 4 within two business days of the transaction.

When an insider purchases shares, it often signals confidence in the company’s future. However, insider selling can occur for many reasons and does not always indicate negative sentiment.

Decoding Insider Transaction Codes

Investors often focus on open market transactions, which are detailed in Table I of Form 4 filings. Key codes include:

  • P: Purchase
  • S: Sale
  • C: Option conversion
  • A: Grant, award, or other acquisition from the company

View the complete list of Permian Resources insider trades.

Stay Ahead with Insider Activity

Track every insider trade in real time with Benzinga Edge. Don’t miss out on the next major move driven by executive confidence. Get access here.

Market news and data provided by Benzinga APIs

© 2026 Benzinga.com. All rights reserved.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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