---
schema_version: "secwatch.filing_event.v1"
accession: "0001658566-25-000038"
form_type: "8-K"
ticker: "PR"
cik: "0001658566"
company_name: "Permian Resources Corp"
filed_at: "2025-05-07T23:59:59+00:00"
generated_at: "2026-05-22T08:21:47.749003+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Permian Resources Q1 adj. FCF record $460M, acquires APA Permian assets for $608M, cuts capex midpoint 3%

## Summary
- Q1 daily oil production 175 MBbls/d, total 373 MBoe/d; cash capex $501M; adj. FCF $460M (record).
- Announced purchase of APA Corp's Northern Delaware Basin assets for $608M; ~13,320 net acres, 12 MBoe/d (~45% oil); expected close Q2 2025.
- Reduced full-year cash capex midpoint by $50M to $1.95B; maintained production guidance; acquisition adds ~12 MBoe/d in H2 2025.
- Q2 base dividend $0.15/share ($0.60 annualized, 5.0% yield); April share repurchase of 4.1M shares at $10.52 avg.
- Ended Q1 with $702M cash, debt $4.0B, leverage 0.8x; redeemed $175M Earthstone notes; liquidity $3.2B.

## SEC filing metadata
- accession: 0001658566-25-000038
- form_type: 8-K
- ticker: PR
- cik: 0001658566
- company_name: Permian Resources Corp
- filed_at: 2025-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1658566/000165856625000038/0001658566-25-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1658566/000165856625000038/pr-20250507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001658566-25-000038
- JSON: https://secwatch.observer/filing/0001658566-25-000038.json
- Plain text: https://secwatch.observer/filing/0001658566-25-000038.txt

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