---
schema_version: "secwatch.filing_event.v1"
accession: "0001658566-24-000076"
form_type: "8-K"
ticker: "PR"
cik: "0001658566"
company_name: "Permian Resources Corp"
filed_at: "2024-08-06T23:59:59+00:00"
generated_at: "2026-05-31T12:19:07.270205+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Permian Resources Q2 oil production up 1%, raises FY guidance, announces $817.5M OXY bolt-on

## Summary
- Q2 oil production 152.9 Mbbls/d (+1% QoQ); total 338.8 MBoe/d; D&C costs down 13% YoY to ~$830/ft.
- Adjusted free cash flow $332M ($0.43/share); total return of capital $193M ($0.25/share) via dividends and buybacks.
- Announced $817.5M acquisition from Occidental for ~29,500 net acres and ~15,000 Boe/d; close expected Q3 2024.
- Raised 2024 standalone oil guidance mid-point 1.5% to 152 Mbbls/d, total to 325 MBoe/d; capex unchanged.
- Issued $1B 6.25% senior notes due 2033 to fund acquisition and refinance 7.75% notes due 2026; targeting IG by 2025.

## SEC filing metadata
- accession: 0001658566-24-000076
- form_type: 8-K
- ticker: PR
- cik: 0001658566
- company_name: Permian Resources Corp
- filed_at: 2024-08-06T23:59:59+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/1658566/000165856624000076/0001658566-24-000076-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1658566/000165856624000076/pr-20240806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001658566-24-000076
- JSON: https://secwatch.observer/filing/0001658566-24-000076.json
- Plain text: https://secwatch.observer/filing/0001658566-24-000076.txt

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