PR

MIDLAND, Texas, July 10, 2026--(BUSINESS WIRE)--Permian Resources Corporation ("Permian Resources" or the "Company") (NYSE: PR) announced today that it will report second quarter 2026 financial and operating results after the market closes for trading on Wednesday, August 5, 2026. Management will host an earnings conference call on Thursday, August 6, 2026, at 9:00 a.m. Central (10:00 a.m. Eastern). Interested parties are invited to participate on the call by dialing (833) 461-5787 (Conference ID: 413137922) at least 15 minutes prior to the start of the call or via the internet at www.permianres.com. A replay of the call will be available on the Company’s website following the call. About Permian Resources Headquartered in Midland, Texas, Permian Resources is an independent oil and natural gas company focused on driving peer-leading returns through the acquisition, optimization and development of high-return oil and natural gas properties. The Company’s assets are located in the Permian Basin, with a concentration in the core of the Delaware Basin. Through its position of approximately 500,000 net acres in West Texas and Southeast New Mexico, Permian Resources is the second largest Permian Basin pure-play E&P. For more information, please visit www.permianres.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260710088660/en/ Contacts Hays Mabry – Vice President, Investor Relations(432) [email protected]

It has been about a month since the last earnings report for Permian Resources (PR). Shares have added about 0.4% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Permian Resources due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Permian Resources reported first-quarter 2026 adjusted earnings of 39 cents per share, beating the Zacks Consensus Estimate of 38 cents by 3%. This outperformance was primarily driven by stronger production volumes, improved well performance, reduced downtime and continued drilling and completion efficiencies. However, the bottom line declined from the year-ago quarter’s adjusted earnings of 43 cents due to weaker NGL and natural gas realizations, along with higher operating expenses. The company’s oil and gas sales of $1.39 billion missed the Zacks Consensus Estimate of $1.4 billion by 0.83%. However, revenues increased slightly from the year-ago quarter’s $1.38 billion, aided by a higher year-over-year contribution from oil sales (10.6%) and purchased gas sales during the quarter. On May 6, 2026, the Midland, TX-based exploration and production company declared a quarterly base dividend of 16 cents per Class A common share, translating to an annualized dividend of 64 cents. The payout is scheduled for June 30, 2026, for its shareholders on record as of June 16. Management reiterated that the base dividend remains a top capital allocation priority. Beyond the base dividend, the company intends to focus on debt repayment, cash accumulation, accretive acquisitions and opportunistic share repurchases, depending on market conditions. The company reported total average production of 412.9 thousand barrels of oil equivalent per day (MBoe/d), comprising 47% oil and 72% liquids, in the first quarter, up from 373.2 MBoe/d in the year-ago period. The figure beat the Zacks Consensus Estimate of 411,665 Boe/d due to strong runtime, improved recent well performance and efforts to accelerate incremental oil volumes in March through increased workover activity. The company also accelerated oil production volumes during March. Crude oil production averaged 192.3 thous...

The most recent earnings report from Permian Resources Corporation (NYSE:PR) was disappointing for shareholders. However, our analysis suggests that the soft headline numbers are getting counterbalanced by some positive underlying factors. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. To properly understand Permian Resources' profit results, we need to consider the US$264m expense attributed to unusual items. While deductions due to unusual items are disappointing in the first instance, there is a silver lining. We looked at thousands of listed companies and found that unusual items are very often one-off in nature. And, after all, that's exactly what the accounting terminology implies. Assuming those unusual expenses don't come up again, we'd therefore expect Permian Resources to produce a higher profit next year, all else being equal. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Unusual items (expenses) detracted from Permian Resources' earnings over the last year, but we might see an improvement next year. Because of this, we think Permian Resources' earnings potential is at least as good as it seems, and maybe even better! Unfortunately, though, its earnings per share actually fell back over the last year. Of course, we've only just scratched the surface when it comes to analysing its earnings; one could also consider margins, forecast growth, and return on investment, among other factors. If you want to do dive deeper into Permian Resources, you'd also look into what risks it is currently facing. While conducting our analysis, we found that Permian Resources has 4 warning signs and it would be unwise to ignore these. This note has only looked at a single factor that sheds light on the nature of Permian Resources' profit. But there is always more to discover if you are capable of focussing your mind on minutiae. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. So you may wish to see this...

Interested in Permian Resources Corporation? Here are five stocks we like better. Permian Resources delivered a record quarter with free cash flow per share of $0.60 and more than $500 million in free cash flow, while oil and total production both beat expectations. Operating efficiency improved sharply as drilling and completion costs hit company records, recycled water use reached about 70%, and microgrids helped cut electricity costs at well sites. The company is using transportation, hedging, and capital discipline to navigate weak gas prices, while keeping flexibility to scale activity up or down and continuing to prioritize its dividend, debt reduction, and selective acquisitions. If There's a Domestic Manufacturing Boom, These 3 Stocks Could Win Permian Resources (NYSE:PR) reported what executives described as a record quarter for free cash flow and operational efficiency, while emphasizing that the company is preserving flexibility amid volatile commodity markets. On the company’s first-quarter 2026 earnings call, Co-CEO Will Hickey said Permian Resources generated free cash flow per share of $0.60, the highest level in the company’s history, and record free cash flow of more than $500 million for the quarter. Oil production averaged 192,000 barrels per day, while total production reached 413,000 barrels of oil equivalent per day, both exceeding company expectations. → Rocket Lab Just Hit a New All-Time High—Time to Buy or Let It Breathe? High Yield Revival: 3 Cash-Rich Dividend Payers on Sale Hickey said the outperformance was driven by better-than-expected results from recent wells and reduced downtime in March, when the company added workover rigs in response to higher oil prices. He said the company accelerated oil production volumes “in response to higher oil prices in March” and is focused on bringing barrels forward into what management views as a constructive price environment. Permian Resources reported drilling and completion costs of approximately $685 per lateral foot in the first quarter, with both drilling cost per foot and completion cost per foot setting company records. Hickey said the company drilled the fastest well in its history, averaging more than 2,500 feet per day, and delivered its longest quarterly average lateral length, with roughly one-quarter of wells exceeding 2.5 miles. → MP Materials Is Quietly Building a Rare Earth...

Riley Exploration Permian REPX has become an interesting Permian Basin oil and gas idea after its reported first-quarter results. The company delivered an earnings beat, higher year-over-year production and positive free cash flow, even as weak natural gas and NGL realizations weighed on results. For investors looking at Permian-focused exploration and production names, REPX offers a different profile from larger peers such as Diamondback Energy FANG and Permian Resources PR: it is smaller, more growth-oriented and trading at a discounted valuation. Diamondback Energy and Permian Resources also posted solid Q1 updates, but REPX’s production growth and improving estimates make the stock worth a closer look. REPX reported first-quarter 2026 adjusted earnings of $1.02 per share, topping the Zacks Consensus Estimate of 99 cents by 3%. Revenues of $114 million rose 11.1% from the year-ago period but came in slightly below expectations. The bigger story was production. Total equivalent production averaged 35.6 thousand barrels of oil equivalent per day (MBOE/d), up from 24.4 MBOE/d a year earlier, while oil production averaged 20.2 thousand barrels per day. Management said production exceeded the high end of guidance, while capital spending came in below the low end of its guided range. Like Diamondback Energy and Permian Resources, REPX benefited from strong Permian activity. However, the quarter also showed the basin’s biggest near-term challenge: gas takeaway constraints. Riley Exploration Permian’s natural gas and NGL revenues after fees were negative, reducing total net revenue. Diamondback Energy and Permian Resources also faced weak gas realizations, showing that this is not just a REPX issue but a broader Permian theme. REPX’s oil-heavy output mix helped soften the impact. Riley Exploration Permian shares have gained more than 30% in three months, outperforming other Permian-focused E&Ps such as Diamondback Energy, which is up 19%, and Permian Resources, which has advanced 17%. That relative strength suggests investors are recognizing the company’s growth story. Image Source: Zacks Investment Research Still, the stock does not look expensive. From a valuation standpoint, REPX trades at a discount to the Oil and Gas - Exploration and Production - United States subindustry on a forward price-to-earnings basis. Image Source: Zacks Investment Research The earn...

Permian Resources Corporation PR reported first-quarter 2026 adjusted earnings of 39 cents per share, beating the Zacks Consensus Estimate of 38 cents by 3%. This outperformance was primarily driven by stronger production volumes, improved well performance, reduced downtime and continued drilling and completion efficiencies. However, the bottom line declined from the year-ago quarter’s adjusted earnings of 43 cents due to weaker NGL and natural gas realizations, along with higher operating expenses. The company’s oil and gas sales of $1.39 billion missed the Zacks Consensus Estimate of $1.4 billion by 0.83%. However, revenues increased slightly from the year-ago quarter’s $1.38 billion, aided by a higher year-over-year contribution from oil sales (10.6%) and purchased gas sales during the quarter. Permian Resources Corporation price-consensus-eps-surprise-chart | Permian Resources Corporation Quote On May 6, 2026, the Midland, TX-based exploration and production company declared a quarterly base dividend of 16 cents per Class A common share, translating to an annualized dividend of 64 cents. The payout is scheduled for June 30, 2026, for its shareholders on record as of June 16. Management reiterated that the base dividend remains a top capital allocation priority. Beyond the base dividend, the company intends to focus on debt repayment, cash accumulation, accretive acquisitions and opportunistic share repurchases, depending on market conditions. The company reported total average production of 412.9 thousand barrels of oil equivalent per day (MBoe/d), comprising 47% oil and 72% liquids, in the first quarter, up from 373.2 MBoe/d in the year-ago period. The figure beat the Zacks Consensus Estimate of 411,665 Boe/d due to strong runtime, improved recent well performance and efforts to accelerate incremental oil volumes in March through increased workover activity. The company also accelerated oil production volumes during March. Crude oil production averaged 192.3 thousand barrels per day (MBbls/d), up from 175 MBbls/d in the prior-year quarter. The figure beat the Zacks Consensus Estimate of 189.6 MBbls/d. NGL production came in at 103.3 MBbls/d, up 20.1% year over year. However, it missed the Zacks Consensus Estimate by 1.01%. Meanwhile, natural gas production totaled 703 million cubic feet per day (MMcf/d), up 4.4% year over year, but missed the Zacks Cons...

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Permian Resources (NYSE:PR) and the best and worst performers in the U.S. shale E&P industry. US shale oil producers extract crude from tight rock formations using horizontal drilling and hydraulic fracturing (fracking) techniques, primarily in basins like the Permian, Bakken, and Eagle Ford. Tailwinds include short-cycle investment flexibility allowing rapid production adjustments, technological improvements enhancing well productivity, and proximity to refining and export infrastructure. Capital discipline has improved financial returns. Headwinds include commodity price sensitivity affecting drilling economics, accelerating well decline rates requiring continuous capital investment, and increasing regulatory and ESG scrutiny. Water usage, induced seismicity concerns, and evolving environmental regulations present ongoing operational challenges. The 11 U.S. shale E&P stocks we track reported a satisfactory Q1. As a group, revenues beat analysts’ consensus estimates by 2.7%. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 5.6% since the latest earnings results. Controlling roughly 450,000 net acres in America's most productive oil patch, Permian Resources (NYSE:PR) is an oil and natural gas producer that drills wells and extracts hydrocarbons from underground reservoirs in West Texas and New Mexico. Permian Resources reported revenues of $1.39 billion, flat year on year. This print fell short of analysts’ expectations by 0.7%. Overall, it was a slower quarter for the company with a miss of analysts’ EBITDA estimates. Unsurprisingly, the stock is down 5% since reporting and currently trades at $20.14. Is now the time to buy Permian Resources? Access our full analysis of the earnings results here, it’s free. Holding the largest acreage position in the Williston Basin, Chord Energy (NASDAQ:CHRD) drills for and produces crude oil, natural gas liquids, and natural gas in North Dakota's Williston Basin. Chord Energy reported revenues of $1.67 billion, up 37.1% year on year, outperforming analysts’ expectations by 33.1%. The business had an exceptional quarter with a beat of analysts’ EPS and EBITDA estimates. Chord Energy achieved the biggest analyst estimat...

MIDLAND, Texas, May 06, 2026--(BUSINESS WIRE)--Permian Resources Corporation ("Permian Resources" or the "Company") (NYSE: PR) today announced its first quarter 2026 financial and operational results and revised 2026 guidance. Recent Financial and Operational Highlights Reported total average production of 412.9 MBoe/d, including 192.3 MBbls/d of oil, 103.3 MBbls/d of NGLs and 703.0 MMcf/d of natural gas Announced cash capital expenditures of $466 million, cash provided by operating activities of $815 million and adjusted free cash flow1 of $513 million Reduced D&C costs to ~$685 per lateral foot, representing a 6% reduction compared to 2025 results Demonstrated continued bolt-on and ground game success, executing on ~40 transactions for $205 million Declared quarterly base dividend of $0.16 per share Increased mid-point of full year guidance for oil production by 3.5 MBbls/d to 192.5 MBbls/d Received investment grade credit ratings from S&P and Moody’s and maintained strong balance sheet with leverage1 of ~0.8x Completed simplification of Permian Resources’ corporate structure to further enhance peer-leading shareholder alignment Continue to prioritize flexibility to respond quickly to range of market conditions Successfully accelerated first quarter crude oil production and anticipate modest acceleration of production and capital in the second quarter Maintain significant flexibility to respond to market conditions in the second half of 2026 and beyond Management Commentary "We delivered a strong first quarter across the board, with record-low D&C costs per foot, 2% oil production growth quarter-over-quarter and more than $500 million of free cash flow," said Will Hickey, Co-CEO of Permian Resources. "This performance highlights our ability to drive higher production and free cash flow per share, while continuing to lower costs." "Since inception, Permian Resources has generated consistent free cash flow per share growth throughout cycles," said James Walter, Co-CEO of Permian Resources. "This has been driven by a combination of lowering costs, executing accretive acquisitions and delivering high-return organic growth. Going forward, our business plan remains the same, and we'll continue to leverage these unique advantages to drive outsized returns for our investors." Financial and Operational Results During the quarter, average daily crude oil production...

Permian Resources (PR) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.42 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +4.00%. A quarter ago, it was expected that this company would post earnings of $0.28 per share when it actually produced earnings of $0.37, delivering a surprise of +32.14%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Permian Resources, which belongs to the Zacks Oil and Gas - Exploration and Production - United States industry, posted revenues of $1.39 billion for the quarter ended March 2026, missing the Zacks Consensus Estimate by 0.83%. This compares to year-ago revenues of $1.38 billion. The company has not been able to beat consensus revenue estimates over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Permian Resources shares have added about 59.7% since the beginning of the year versus the S&P 500's gain of 6%. While Permian Resources has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Permian Resources was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #1 (Strong Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can...

MIDLAND, Texas, May 06, 2026--(BUSINESS WIRE)--Permian Resources Corporation ("Permian Resources" or the "Company") (NYSE: PR) today announced that its Board of Directors declared a quarterly base cash dividend of $0.16 per share of Class A common stock, or $0.64 per share on an annualized basis. The base dividend is payable on June 30, 2026 to shareholders of record as of June 16, 2026. About Permian Resources Headquartered in Midland, Texas, Permian Resources is an independent oil and natural gas company focused on driving peer-leading returns through the acquisition, optimization and development of high-return oil and natural gas properties. The Company’s assets are located in the Permian Basin, with a concentration in the core of the Delaware Basin. Through its position of approximately 500,000 net acres in West Texas and Southeast New Mexico, Permian Resources is the second largest Permian Basin pure-play E&P. For more information, please visit www.permianres.com. SOURCE Permian Resources Corporation View source version on businesswire.com: https://www.businesswire.com/news/home/20260506757354/en/ Contacts Hays Mabry – Vice President, Investor Relations (432) 315-0114 [email protected]

For the quarter ended March 2026, Permian Resources (PR) reported revenue of $1.39 billion, up 0.9% over the same period last year. EPS came in at $0.39, compared to $0.42 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $1.4 billion, representing a surprise of -0.83%. The company delivered an EPS surprise of +4%, with the consensus EPS estimate being $0.38. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Permian Resources performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Average daily net production - Natural gas: 702,979.00 Mcf/D versus 707,364.80 Mcf/D estimated by seven analysts on average. Average daily net production - Total: 412,850.00 BOE/D versus 411,665.30 BOE/D estimated by seven analysts on average. Average daily net production - Oil: 192,349.00 BBL/D versus 189,524.70 BBL/D estimated by seven analysts on average. Average daily net production - NGL: 103,338.00 BBL/D versus the six-analyst average estimate of 104,390.50 BBL/D. Average sales prices - Gas - Including Derivative Cash Settlements: $1.33 versus the five-analyst average estimate of $1.64. Average sales prices - Oil - Including Derivative Cash Settlements: $68.10 compared to the $68.99 average estimate based on four analysts. Average sales prices - NGL - Excluding the effects of GP&T: $16.60 versus the four-analyst average estimate of $17.35. Average sales prices - Natural gas - Excluding the effects of GP&T: $-0.29 versus $0.24 estimated by three analysts on average. Average sales prices - Oil - Excluding the effects of hedging: $70.91 versus $71.74 estimated by three analysts on average. Net Revenues- Oil sales: $1.23 billion compared to the $1.19 billion average estimate based on four analysts. Net Revenues- NGL sales: $154.39 million compared to the $161.37 million average estimate based on four analysts. Net Revenues- Natural gas sales: $-18.5 millio...

Oil and gas producer Permian Resources (NYSE:PR) missed Wall Street’s revenue expectations in Q1 CY2026, with sales flat year on year at $1.39 billion. Its GAAP profit of $0.05 per share was 86.9% below analysts’ consensus estimates. Is now the time to buy Permian Resources? Find out in our full research report. Revenue: $1.39 billion vs analyst estimates of $1.40 billion (flat year on year, 0.7% miss) EPS (GAAP): $0.05 vs analyst expectations of $0.38 (86.9% miss) Adjusted EBITDA: $1.01 billion vs analyst estimates of $1.03 billion (72.7% margin, 1.9% miss) Operating Margin: 33.7%, down from 36.6% in the same quarter last year Free Cash Flow Margin: 25.1%, down from 28.7% in the same quarter last year Oil production: up 9.9% year on year Market Capitalization: $18.74 billion Controlling roughly 450,000 net acres in America's most productive oil patch, Permian Resources (NYSE:PR) is an oil and natural gas producer that drills wells and extracts hydrocarbons from underground reservoirs in West Texas and New Mexico. Cyclical sectors like Energy often flatter weaker operators during favorable price environments, but a longer-term lens separates those from businesses that can consistently perform across market cycles. Thankfully, Permian Resources’s 54.3% annualized revenue growth over the last five years was incredible. Its growth surpassed the average energy upstream and integrated energy company and shows its offerings resonate with customers, a great starting point for our analysis. Within Energy, a singular timeframe, even if it’s quite long-term, only sheds light on how well a company rode the last commodity cycle. To better assess whether a company compounds through cycles, we validate our view with an even longer, ten-year view. Permian Resources’s annualized revenue growth of 44.4% over the last ten years is below its five-year trend, but we still think the results suggest decent demand. While looking at revenue is important, it can also introduce noise around commodity prices and M&A. Analyzing production, on the other hand, highlights what is happening inside the asset base and whether the economic footprint of a company is expanding. Over the last two years, Permian Resources’s oil production averaged 36.2% year-on-year growth while its natural gas production averaged 47% year-on-year growth. This quarter, Permian Resources’s $1.39 billion of revenue...