Permian Resources Corporation

Latest Results (14.11.2025):

Permian Resources Corporation reported its third quarter 2025 financial results, demonstrating robust production performance, enhanced cost efficiencies, and a strengthened balance sheet. The company achieved total average production of 410.2 MBoe/d with notable increases in oil production, generated significant operating cash flow, and reduced both capital expenditures and operating costs while maintaining a solid dividend and strategic acquisitions to drive shareholder value.

Production and Operational Excellence

The company produced 410.2 MBoe/d, including 186.9 MBbls/d of oil, 105.8 MBbls/d of NGLs, and 704.8 MMcf/d of natural gas. Improved well performance and a large-scale Texas development contributed to a 6% increase in oil production sequentially and an upward revision in full-year production guidance.

Capital Expenditures and Cash Flow

In the third quarter of 2025, Permian Resources invested $480 million in cash capital expenditures and generated $766 million in cash from operating activities, delivering an adjusted free cash flow of $469 million. These results underline the company’s strong cash generation and disciplined capital allocation.

Cost Management and Efficiency Improvements

The Company achieved significant cost efficiencies by reducing drilling and completion costs to approximately $725 per lateral foot—an 11% improvement over 2024—and lowering total controllable cash costs by 6% quarter-over-quarter to $7.36 per Boe, driven by operational enhancements and cost control measures.

Strengthened Balance Sheet

Permian Resources further improved its balance sheet by reducing debt by 11% to $3.6 billion, maintaining a net debt-to-EBITDAX ratio of 0.8x, and holding total liquidity in excess of $2.6 billion. This solid financial position supports the company’s flexible capital allocation strategy.

Shareholder Returns and Strategic Initiatives

The Company declared a base dividend of $0.15 per share for Q4 2025, translating to an annualized yield of 4.8%. In addition, the quarter saw continued investments in strategic acquisitions and a share repurchase program, underscoring Permian Resources Corporation’s commitment to creating long-term shareholder value.