---
schema_version: "secwatch.filing_event.v1"
accession: "0001658566-24-000048"
form_type: "8-K"
ticker: "PR"
cik: "0001658566"
company_name: "Permian Resources Corp"
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T18:54:22.883894+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Permian Resources Q1 beats, raises full-year guidance, boosts dividend 20%

## Summary
- Q1 crude oil prod 151.8 MBbls/d, total 319.5 MBoe/d; cash flow ops $648M, adj FCF $324M ($0.42/share).
- Earthstone synergy target raised to $225M/yr ($50M increase); integration complete ahead of schedule.
- Full-year oil guidance mid-point raised 2% to 150 MBbls/d; total prod guidance 320 MBoe/d.
- Base dividend increased 20% to $0.06/share quarterly ($0.24 annualized); variable dividend $0.14/share payable May 29.
- Bolt-on acquisitions added ~11,200 net acres for ~$270M; redeemed $356M of 6.875% notes.

## SEC filing metadata
- accession: 0001658566-24-000048
- form_type: 8-K
- ticker: PR
- cik: 0001658566
- company_name: Permian Resources Corp
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1658566/000165856624000048/0001658566-24-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1658566/000165856624000048/pr-20240507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001658566-24-000048
- JSON: https://secwatch.observer/filing/0001658566-24-000048.json
- Plain text: https://secwatch.observer/filing/0001658566-24-000048.txt

## Key facts
- Earnings Releases
  Permian Resources Corp updated its first quarter of 2024 guidance (raised).
  - Period: first quarter of 2024
  - Guidance: raised
  - Result: reported results
  source text: Permian Resources Corporation (the "Company" or "Permian Resources") issued a press release announcing its financial and operational results for the first quarter of 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1658566/000165856624000048/0001658566-24-000048-index.htm

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