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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Should Value Investors Buy Permian Resources Corporation (PR) Stock?

Permian expects to generate close to $1.2 billion in positive cash flow in 2023 at current strip. It forecasts controllable cash costs (LOE, cash G&A and GP&T) in the $7.25 to $8.75 per BOE range for 2023.

Permian Resources: Improved Cost Structure Enhances Its Value

Centennial Resource (PR) is well positioned to outperform the market, as it exhibits above-average growth in financials.

3 Reasons Why Centennial Resource (PR) Is a Great Growth Stock

News for Permian Resources Corp Stock (PR)