secwatch.observer — SEC 8-K summary
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Issuer:     Permian Resources Corp (PR)
CIK:        0001658566
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001658566-23-000089
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Permian Resources Q3 adjusted net income $220M; closes $4.5B Earthstone acquisition
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- Q3 crude production 89.8 MBbls/d (+6% QoQ); total 172 MBoe/d (+4% QoQ).
- Net cash from operations $481M; adjusted free cash flow $165M (cash capex $380M).
- Declared base dividend $0.05/share and variable dividend $0.07/share, payable Nov 28.
- Closed $4.5B Earthstone acquisition on Nov 1; adds ~400k net acres, targets $175M in annual synergies.
- Issued $500M 7.0% senior notes due 2032; net debt/EBITDAX 0.9x; no maturities until 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1658566/000165856623000089/0001658566-23-000089-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1658566/000165856623000089/cdev-20231107.htm
  HTML page:      https://secwatch.observer/filing/0001658566-23-000089

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer