Permian Resources Corp

Permian Resources Corp. operates as an oil and natural gas company. It focuses on the development of unconventional oil and liquids-rich natural gas reserves in the Permian Basin. The company was founded on October 6, 2014 and is headquartered in Denver, CO.

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Permian Resources Corp (PR) excels in Q4, targets production growth

Permian Resources Corp (PR) demonstrated strong operational and financial performance in Q4 2022, driven by production beat, operational efficiencies, and portfolio optimization. While facing challenges in operational aspects and cost management, the company is focused on capital efficiency and enhancing shareholder returns.

Permian Resources Corp reports robust Q1 performance and strategic resilience

Permian Resources Corp (PR) delivered strong Q1 2023 results, showcasing operational excellence and financial resilience amidst market challenges.
The company's strategic focus on portfolio optimization, community engagement, and financial discipline positions it well for sustainable growth and value creation.
While facing industry challenges and market uncertainties, Permian Resources remains proactive in addressing operational efficiency, risk management, and stakeholder relationships.

Permian Resources Corp reports Q2 growth and strategic focus

Permian Resources Corp's Q2 performance reflects production growth, cost efficiencies, and a strong balance sheet. The company's strategic strengths include a focus on high-quality inventory and operational improvements. Challenges include maintaining consistency in operations and navigating cost pressures, while opportunities exist in leveraging cost efficiencies and pursuing potential M&A.

Permian Resources Corp reports strong Q3 performance and eyes growth opportunities with Earthstone acquisition

Permian Resources Corp's Q3 performance reflects operational success, financial strength, and strategic positioning for growth. While challenges like budget exhaustion exist, the company is focused on maintaining efficiency and executing smaller, high-return acquisitions. Opportunities in the Delaware region and M&A negotiations present avenues for continued value creation.

Permian Resources Corp excels in Q4, eyes growth opportunities

Permian Resources Corp's strong performance in Q4 2023 and strategic initiatives underscore their commitment to delivering value to shareholders and maximizing operational efficiency. The company's focus on cost competitiveness, portfolio optimization, and capital returns positions them well for future growth and sustained success in the energy sector.

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Permian Resources Corp. engages in the exploration and production of oil and natural gas. It also focuses on driving sustainable returns through the responsible acquisition, optimization, and development of crude oil. The company was founded on October 6, 2014 and is headquartered in Midland, TX.

Permian Resources Corporation (NYSE:PR ) Q3 2024 Results Conference Call November 7, 2024 10:00 AM ET Company Participants Hays Mabry - VP, IR Will Hickey - Co-CEO James Walter - Co-CEO Guy Oliphint - CFO Conference Call Participants Neal Dingmann - Truist Securities Scott Hanold - RBC John Freeman - Raymond James Neil Mehta - Goldman Sachs Gabe Daoud - TD Cowen John Abbott - Wolfe Research Zach Parham - JPMorgan Leo Mariani - ROTH MKM Oliver Huang - TPH Kevin MacCurdy - Pickering Energy Partners Phillips Johnston - Capital One Paul Diamond - Citi Noah Hungness - Bank of America Operator Good morning, and welcome to Permian Resources Conference Call to discuss its Third Quarter 2024 2024 Earnings. Today's call is being recorded.

Permian Resources Corporation (PR) Q3 2024 Earnings Call Transcript

Permian Resources (PR) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.36 per share a year ago.

Permian Resources (PR) Q3 Earnings Surpass Estimates

MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced its third quarter 2024 financial and operational results and revised 2024 guidance. Recent Financial and Operational Highlights Reported crude oil and total average production of 160.8 MBbls/d and 347.1 MBoe/d during the quarter Announced cash capital expenditures of $520 million, cash provided by operating activities of $954 million and adjusted free cash flow1 of $3.

Permian Resources Announces Strong Third Quarter 2024 Results and Increased Full Year Guidance

MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced that its Board of Directors (the “Board”) declared a quarterly base cash dividend of $0.15 per share of Class A common stock, or $0.60 per share on an annualized basis. The base dividend is payable on November 22, 2024 to shareholders of record as of November 14, 2024. About Permian Resources Headquartered in Midland, Texas, Permian Resources is an independent oil and.

Permian Resources Declares Quarterly Cash Dividend

Permian Resources Corporation has shown strong operational and financial performance despite negative regional natural gas prices, with a secure over four percent dividend yield and recent insider buying signaling confidence. The company's strategic acquisitions have significantly boosted production, making it a cost leader in the Permian Basin with substantial reserves and efficient operations. Recent declines in oil prices and negative natural gas prices at the Waha Hub have impacted the stock, but easing gas constraints and hedging provide some stability.

Permian Resources: A Palatable Energy Play

Permian Resources (PR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Permian Resources (PR) to Report a Decline in Earnings: What to Look Out for

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I emphasize refocusing on my core competency in real estate and diversifying through dividend ETFs, avoiding the overvalued S&P 500. Current S&P 500 valuations are historically high, suggesting poor future returns; insider buying is low, indicating a potential downturn ahead. Market leadership is shifting from growth to dividend stocks, particularly in real estate and utilities, which have outperformed since July.

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MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) announced today that it will report third quarter 2024 financial and operating results after the market closes for trading on Wednesday, November 6, 2024. Management will host an earnings conference call on Thursday, November 7, 2024, at 9:00 a.m. Central (10:00 a.m. Eastern). Interested parties are invited to participate on the call by dialing (800) 225-9448 (Conference ID: PRCQ324).

Permian Resources Announces Third Quarter 2024 Earnings Conference Call

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The U.S. oil and gas exploration and production industry has faced headwinds related to falling natural gas prices and political uncertainty so far in 2024. Cash from operations across three dozen leading U.S. firms fell in real terms from the first quarter of 2023 to the first quarter of this year due to lower gas prices.

Opportunity Knocks: Buy the Dip on Permian Resources Stock?

Permian Resources stands out with deep reserves, efficient production, and a strong balance sheet, making it a hidden gem in the oil and gas sector. The company has top-tier Permian exposure with 450K net acres in the Delaware Basin and maintains low production costs, enhancing margins and free cash flow. PR's attractive valuation, trading at a P/OCF of just 2.7x, alongside its consistent growth, offers significant upside potential and shareholder returns.

Permian Resources: The Cheapest Oil Stock You've Never Heard Of

Permian Resources Corporation's recent acquisitions enhance profitability. Management's “Grassroots Acquisitions” strategy secures discounted small acreage, enabling more profitable, longer wells by combining with existing company acreage. These “Grassroots Acquisitions” acquisitions increase contiguous acreage value.

Permian Resources: Growth That Also Increases Profitability

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MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Announces Closing of Bolt-On Acquisition of Core Delaware Basin Assets.

Permian Resources Announces Closing of Bolt-On Acquisition of Core Delaware Basin Assets

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MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE:PR) today announced an update to its return of capital strategy, which increases its quarterly base dividend from $0.06 per share to $0.15 per share ($0.60 per share annually). This represents a 150% increase to the Company's prior base dividend and provides a leading base dividend yield amongst U.S. independent E&Ps. As part of its updated shareholder return policy, the Board of Dire.

Permian Resources Announces Significant Increase to its Base Dividend

Permian Resources has experienced rapid growth through accretive acquisitions. Management has found acquisitions that can be significantly improved post-acquisition. The latest proposed acquisition (from Occidental) combines several holdings into one large, efficient, and profitable position, making it one of the best deals of its kind.

Permian Resources: The Building Process Continues

Permian Resources Corporation (NYSE:PR ) Q2 2024 Earnings Conference Call August 7, 2024 10:00 AM ET Company Participants Hays Mabry - VP, IR William Hickey - Co-CEO James Walter - Co-CEO Guy Oliphint - CFO Conference Call Participants Neal Dingmann - Truist Securities Scott Hanold - RBC Capital Markets John Freeman - Raymond James Zach Parham - JPMorgan Kevin MacCurdy - Pickering Eng Partners Leo Mariani - Roth Gabe Daoud - TD Cowen Paul Diamond - Citi Noah Hungness - Bank of America Geoff Jay - Daniel Energy Partners John Abbott - Wolfe Research Operator Good morning, and welcome to Permian Resources Conference Call to discuss its Second Quarter 2024 Earnings. Today's call is being recorded.

Permian Resources Corporation (PR) Q2 2024 Earnings Call Transcript

Permian Resources (PR) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.27 per share a year ago.

Permian Resources (PR) Q2 Earnings and Revenues Beat Estimates

MIDLAND, Texas--(BUSINESS WIRE)--PR Announces Strong 2Q24 Results & FY Guidance.

Permian Resources Announces Strong Second Quarter 2024 Results and Increased Full Year Guidance

MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources,” “we,” “us” or “our”) (NYSE: PR) today announced the final results and expiration of its previously announced cash tender offer to purchase (the “Tender Offer”) any and all of the outstanding 7.75% Senior Notes due 2026 (the “Notes”) of Permian Resources Operating, LLC, a subsidiary of Permian Resources (“OpCo”). As of 5:00 p.m., New York City time, on August 2, 2024, the expiration time for the Tender Offer (th.

Permian Resources Corporation Announces Final Results and Expiration of Tender Offer for Its 7.75% Senior Notes due 2026

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MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources,” “we,” “us” or “our”) (NYSE: PR) today announced the pricing terms of the previously announced cash tender offer to purchase (the “Tender Offer”) any and all of the outstanding senior notes (the “Notes”) listed in the following table upon the terms and conditions described in the Offer to Purchase, dated July 29, 2024 (the “Offer to Purchase”), of Permian Resources Operating, LLC, a subsidiary of Permian Resourc.

Permian Resources Corporation Announces Pricing Terms of Tender Offer for Its 7.75% Senior Notes due 2026

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Permian Resources (PR) is set to acquire certain Delaware Basin assets from Occidental (OXY). The acquired assets are expected to be accretive to key metrics over both short and long term.

Permian Resources (PR) to Expand Delaware Basin Footprint

News for Permian Resources Corp Stock (PR)