Permian Resources (PR) Fell This Week. Here is Why.

The share price of Permian Resources Corporation (NYSE:PR) fell by 7.97% between September 26 and October 3, 2025, putting it among the Energy Stocks that Lost the Most This Week.

Permian Resources Corporation (NYSE:PR) is an independent oil and natural gas company with operations focused in the Permian Basin, with assets concentrated in the core of the Delaware Basin.

Permian Resources Corporation (NYSE:PR) witnessed a downturn this week, possibly due to a decline in global oil prices. The WTI crude oil price recently fell by almost 8% to a 4-month low as the rising output from OPEC+ and a potential US government shutdown continued to weigh on the market, offsetting short-term geopolitical tensions.

On a more positive note, Scotiabank analyst Paul Cheng recently initiated coverage of Permian Resources Corporation (NYSE:PR) with an ‘Outperform’ rating and a price target of $21. According to the analyst, the energy company is positioned for greater free cash flow growth and has a deeper inventory relative to peers.

Moreover, as of the writing of this piece, Permian Resources Corporation (NYSE:PR) boasts an impressive annual dividend yield of 4.77%, putting it on our list of the 15 Best Natural Gas and Oil Dividend Stocks to Buy Now.

While we acknowledge the potential of PR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.