---
schema_version: "secwatch.filing_event.v1"
accession: "0001658566-23-000036"
form_type: "8-K"
ticker: "PR"
cik: "0001658566"
company_name: "Permian Resources Corp"
filed_at: "2023-05-08T23:59:59+00:00"
generated_at: "2026-06-15T13:33:35.593847+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Permian Resources Q1: net income $102M, production beats guidance, $0.10/share dividend

## Summary
- Net income attributable to Class A Common Stock $102M ($0.35 basic EPS); adjusted net income $192M ($0.34 adj basic EPS).
- Total production 153.8 MBoe/d (oil 78.3 MBbls/d); cash from ops $438M; adjusted FCF $101M (accrued cap ex).
- Declared base dividend $0.05/share and inaugural variable dividend $0.05/share, payable May 24; repurchased $29.4M shares.
- Closed $98M bolt-on acquisition in Lea County, NM (4,000 net acres) and divested water infrastructure for $125M.
- Net debt/LQA EBITDAX ~1.0x; liquidity $1.2B; added oil hedges H2 2023 at $77.32/bbl, 2024 at $75.48/bbl.

## SEC filing metadata
- accession: 0001658566-23-000036
- form_type: 8-K
- ticker: PR
- cik: 0001658566
- company_name: Permian Resources Corp
- filed_at: 2023-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1658566/000165856623000036/0001658566-23-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1658566/000165856623000036/cdev-20230508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001658566-23-000036
- JSON: https://secwatch.observer/filing/0001658566-23-000036.json
- Plain text: https://secwatch.observer/filing/0001658566-23-000036.txt

## Key facts
- Earnings Releases
  Permian Resources Corp reported first quarter 2023 results: net income $102 million, EPS $0.35 per basic share.
  - Period: first quarter 2023
  - Net income: $102 million
  - EPS: $0.35 per basic share
  - Result: reported results
  source text: The Company also reported net income attributable to Class A Common Stock during the first quarter of $102 million, or $0.35 per basic share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1658566/000165856623000036/0001658566-23-000036-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.