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.

MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced the commencement of an underwritten public offering of an aggregate 51,765,000 shares of its Class A Common Stock, par value $0.0001 per share (“Class A common stock”), by certain affiliates of EnCap Investments L.P., NGP Energy Capital Management L.L.C., Pearl Energy Investments, Riverstone Investment Group LLC and a certain member of the Company's Board of Directors.

Permian Resources Corporation Announces Secondary Public Offering of Class A Common Stock

Permian Resources (PR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Permian Resources (PR) Upgraded to Buy: Here's What You Should Know

Permian Resources Corporation (NYSE:PR ) Q1 2024 Results Conference Call May 8, 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 John Freeman - Raymond James Scott Hanold - RBC Gabe Daoud - TD Cowen Derrick Whitfield - Stifel Leo Mariani - Roth MKM Oliver Huang - TPH Geoff Jay - Daniel Energy Partners Paul Diamond - Citi Kevin MacCurdy - Pickering Energy Partners Operator Good morning and welcome everyone to Permian Resources Conference Call to Discuss its First Quarter 2024 Earnings Conference Call. Today's call is being recorded.

Permian Resources Corporation (PR) Q1 2024 Earnings Call Transcript

Permian Resources (PR) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.34 per share a year ago.

Permian Resources (PR) Beats Q1 Earnings and Revenue Estimates

MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced its first quarter 2024 financial and operational results and revised 2024 guidance. Recent Financial and Operational Highlights Delivered Permian Resources' best quarter to-date: Production outperformance due to accelerated Earthstone efficiencies and continued strong well results Robust free cash flow driven by operational execution and realization of cost synergies.

Permian Resources Announces Strong First Quarter 2024 Results and Increases Full Year Guidance

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Permian Resources (PR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Permian Resources (PR) Ahead of Earnings?

Permian Resources (PR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Permian Resources (PR) Earnings Expected to Grow: Should You Buy?

MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) announced today that it will report first quarter 2024 financial and operating results after the market closes for trading on Tuesday, May 7, 2024. Management will host an earnings conference call on Wednesday, May 8, 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: PRCQ124) at least 15.

Permian Resources Announces First Quarter 2024 Earnings Conference Call

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MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) announced today that Permian Resources Operating, LLC (the “Issuer”), a subsidiary of Permian Resources, has given notice of its intention to redeem all of the Company's outstanding $356,351,000 aggregate principal amount 6.875% Senior Notes due 2027 (the “Notes”) on April 5, 2024 (the “Redemption Date”). The redemption is being made in accordance with the terms and conditions of the.

Permian Resources Announces Full Redemption of 6.875% Senior Notes Due 2027

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The Permian basin has become a hotspot for merger and acquisition activity in the oil and gas industry. The region has experienced significant growth in production, with estimates of recoverable reserves around 50 billion barrels of oil and 300 trillion cubic feet of natural gas. The Permian basin offers low-cost production and proximity to major refining and processing facilities, making it an attractive investment opportunity.

Expect Further Consolidation In The Permian Basin This Year

This oil stock broke out of a base and hit a high after the company's earnings report and 2024 plans were released.

This Energy Stock Hits Buy Point, But Beware

Permian Resources Corporation (PR) Q4 2023 Earnings Call Transcript

Although the revenue and EPS for Permian Resources (PR) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Permian Resources (PR) Q4 Earnings: A Look at Key Metrics

MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced its fourth quarter and full year 2023 financial and operational results and 2024 operational plans. Permian Resources' full year and fourth quarter 2023 information discussed within this release includes results from Earthstone Energy, Inc. (“Earthstone”) for the months of November and December, unless otherwise specified. Fourth Quarter 2023 Financial and Operational.

Permian Resources Announces Strong Fourth Quarter 2023 Results and Provides Highly Capital Efficient Full Year 2024 Plan

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.

Earnings Preview: Permian Resources (PR) Q4 Earnings Expected to Decline

Permian Resources (PR) announces newly acquired acreages and divestiture of non-core assets.

Permian Resources (PR) Continues Portfolio Optimization

Permian is now projected to generate slightly under $1.3 billion in 2024 free cash flow at current strip. This is close to $400 million less than my October projections, due to weaker strip prices. Permian has been active in making smaller acquisitions to maintain and increase its inventory.

Permian Resources Continues To Make Smaller Acquisitions (Rating Upgrade)

MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) announced today that it will report fourth quarter and full year 2023 financial and operating results after the market closes for trading on Tuesday, February 27, 2024. Management will host an earnings conference call on Wednesday, February 28, 2024 at 8:00 a.m. Central (9:00 a.m. Eastern). Interested parties are invited to participate on the call by dialing (888) 259-6580 (Conferenc.

Permian Resources Announces Fourth Quarter and Full Year 2023 Earnings Conference Call

MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced a series of recent portfolio optimization transactions consisting of two bolt-on acquisitions, a sizeable acreage swap, a divestiture of non-core assets and additional grassroots acquisitions. “Since closing the Earthstone transaction, Permian Resources has added 14,000 net acres and 5,300 net royalty acres located in the core of the Delaware Basin at attractive valua.

Permian Resources Announces Portfolio Optimization Transactions

Shares of Permian Resources Corp. PR, +0.90% shed 1.4% in premarket trading Tuesday, after the Texas-based oil and gas company announced a public offering of 39.4 million shares by selling stockholders. The offering represents 5.1% of the total shares outstanding.

Permian Resources stock falls after public stock offering by shareholders

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MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources”) (NYSE: PR) announced today that Permian Resources Operating, LLC (the “Issuer”), a subsidiary of Permian Resources, has priced its previously announced private placement pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”), to eligible purchasers of $500.0 million aggregate principal amount of 7.000% senior notes due 2032 (the “Notes”). The Notes mature on J.

Permian Resources Announces Pricing of $500.0 Million Private Placement of Additional 7.000% Senior Notes Due 2032

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