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 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

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) Reports Next Week: Wall Street Expects Earnings Growth

MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Announces Pricing of Upsized $1,000.0 Million Private Placement of 6.25% Senior Notes Due 2033.

Permian Resources Announces Pricing of Upsized $1,000.0 Million Private Placement of 6.25% Senior Notes Due 2033

MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced the pricing of an underwritten public offering (the “equity offering”) of an aggregate 26,500,000 shares of its Class A Common Stock, par value $0.0001 per share (“Class A common stock”), at a price to the public of $15.30 per share. Concurrently with the equity offering, subject to market conditions, Permian Resources Operating, LLC, a subsidiary of Permian Resources.

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

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Occidental Petroleum

Occidental Petroleum Corp. OXY said Monday it has agreed to sell Delaware Basin assets in Texas and New Mexico to Permian Resources Corp. PR for about $818 million, and said it has separately completed other asset sales totaling about $152 million. Houston-based Occidental said the $970 million of proceeds would be used to reduce debt, part of a previously announced $4.5 billion to $6.0 billion divestiture program that is due to be completed within 18 months of the close of the acquisition of CrownRock L.P.

Occidental agrees to sell assets in Texas and New Mexico to Permian Resources for about $818 million

U.S. oil and gas producer Occidental Petroleum said on Monday it would sell certain Delaware Basin assets in Texas and New Mexico to Permian Resources for about $818 million.

Occidental Petroleum to sell some assets for $818 mln to Permian Resources

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

Permian Resources Corporation Announces Tender Offer for Its 7.75% Senior Notes Due 2026

MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources,” “we,” “us” or “our”) (NYSE: PR) announced today that, subject to market conditions, Permian Resources Operating, LLC, a subsidiary of Permian Resources (the “Issuer”), intends to offer for sale in a private placement under Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”), to eligible purchasers $750.0 million in aggregate principal amount of senior unsecured notes d.

Permian Resources Announces $750.0 Million Private Placement of Senior Notes Due 2033

MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced that it has entered into a definitive agreement with Occidental (NYSE: OXY) to purchase ~29,500 net acres, ~9,900 net royalty acres and ~15,000 Boe/d predominantly located directly offset the Company's existing position in Reeves County, Texas for $817.5 million, subject to customary post-closing adjustments. The effective date of the transaction is July 1, 2024, with.

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

MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced the commencement of an underwritten public offering (the “equity offering”) of an aggregate 26,500,000 shares of its Class A Common Stock, par value $0.0001 per share (“Class A common stock”). Concurrently with the equity offering, subject to market conditions, Permian Resources Operating, LLC, a subsidiary of Permian Resources (the “Issuer”), intends to offer for sal.

Permian Resources Corporation Announces Public Offering of Class A Common Stock

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Permian Resources (PR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Permian Resources (PR) Could Beat Earnings Estimates Again

MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) announced today that it will report second quarter 2024 financial and operating results after the market closes for trading on Tuesday, August 6, 2024. Management will host an earnings conference call on Wednesday, August 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) 267-6316 (Conference ID: PRCQ224) at.

Permian Resources Announces Second Quarter 2024 Earnings Conference Call

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