Permian Resources Announces Quarterly Dividend Increase

Oil and gas company raises dividend by 6.7% to $0.16 per share

Feb. 26, 2026 at 4:33pm

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Permian Resources Corporation (NYSE:PR), an independent exploration and production company focused on the Permian Basin, announced that it will issue a quarterly dividend of $0.16 per share. This represents a 6.7% increase from the previous quarterly dividend of $0.15 per share.

Why it matters

The dividend increase signals Permian Resources' confidence in its financial position and ability to generate consistent cash flow, which is important for investors seeking stable returns from the energy sector.

The details

The dividend will be paid on March 31, 2026 to shareholders of record as of March 17, 2026. Permian Resources has a dividend payout ratio of 43.8%, indicating its dividend is sufficiently covered by earnings. Analysts expect the company to earn $1.63 per share next year, which would result in a payout ratio of 36.8%.

  • Permian Resources announced the dividend on Wednesday, February 25, 2026.
  • The dividend will be paid on Tuesday, March 31, 2026.
  • The ex-dividend date is Tuesday, March 17, 2026.

The players

Permian Resources Corporation

An independent exploration and production company focused on the Permian Basin in West Texas and southeastern New Mexico.

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What’s next

Investors will be watching to see if Permian Resources can continue to grow its dividend in the coming quarters as it aims to deliver consistent returns.

The takeaway

Permian Resources' dividend increase demonstrates the company's financial strength and commitment to returning capital to shareholders, which is an important consideration for investors in the energy sector.