UBS Lifts Permian Resources Target to $19, Citing Production Growth

Edgen Stock·Dec 29 2025, 23:44

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Key Takeaways

Analysts at UBS and Roth MKM solidified their bullish outlook on Permian Resources Corp. (NYSE:PR) in December 2025, issuing positive ratings based on the company's improved performance and a strengthening energy sector. UBS raised its price target, pointing directly to Permian's own increased production forecast for 2025 as a key driver for future value.

UBS raised its price target on Permian Resources to $19, an increase from its previous target of $17, while reaffirming a Buy rating.
Roth MKM also reiterated a Buy rating on the stock, assigning it a price target of $16.
Permian Resources boosted its 2025 production forecast by 9.0 MBoe/d to 394.0 MBoe/d, citing strong well results.

UBS Boosts Price Target to $19 as Analysts Reaffirm Bullish Stance

Investment analysts issued strong endorsements for Permian Resources Corporation (NYSE:PR) in late December 2025, signaling confidence in the energy producer's trajectory. On December 12, UBS analyst Josh Silverstein raised the firm's price target on the stock to $19 from $17, maintaining a "Buy" rating. Ten days later, on December 22, Leo Mariani of Roth MKM echoed this positive sentiment by reiterating a "Buy" rating with a $16 price target.

These ratings reflect a broader optimism for the energy sector heading into 2026. Silverstein noted that after three years of limited gains, the sector is poised for a promising year. He based his optimistic outlook on an improving oil and natural gas market, enhanced value creation through merger and acquisition activity, and greater efficiencies in both cost and capital expenditures.

Permian Lifts 2025 Production Outlook by 9.0 MBoe/d

The bullish analyst ratings are underpinned by Permian Resources' own operational outperformance. During its third-quarter earnings report, the company raised its full-year 2025 guidance. The forecast for oil production increased by 3.0 thousand barrels per day (MBbls/d) to a new target of 181.5 MBbls/d.

More broadly, the company's total production target was lifted by 9.0 thousand barrels of oil equivalent per day (MBoe/d) to 394.0 MBoe/d. Management directly attributed the upward revision to strong results from its wells in the Permian Basin, where the company focuses on developing properties within the Delaware Basin core.