earnings
confidence high
sentiment positive
materiality 0.82
Permian Resources Q4 2024 oil production 171.3 MBbls/d, 2025 guides 8% oil growth vs 2024
Permian Resources Corp
2024-FY EPS reported
$1.45
revenue$5,000,734,000
- Q4 2024 total production 368.4 MBoe/d; cash from ops $872M, adjusted FCF $400M.
- FY2024 oil production up 63% YoY; cash from ops $3.4B, adjusted FCF $1.4B.
- 2025 guidance: oil 170-175 MBbls/d, total 360-380 MBoe/d, capex $1.9-2.1B.
- Closed $180M Barilla Draw divestiture in Q1 2025; redeemed $175M of 9.875% Senior Notes due 2031.
- Quarterly base dividend raised to $0.15/sh (4.3% yield), payable March 31, 2025.