earnings
confidence high
sentiment positive
materiality 0.80
Permian Resources Q2 production 385.1 MBoe/d, raises 2025 guidance, declares $0.15 dividend
Permian Resources Corp
2025-Q2 EPS reported
$0.72
revenue$2,574,047,000
- Q2 average production 385.1 MBoe/d (176.5 MBbls/d oil); cash from operations $1.0B, adjusted FCF $312M.
- Raised 2025 oil guidance to 178.5 MBbls/d and total production to 385.0 MBoe/d; capex unchanged at $1.92-2.02B.
- Closed APA New Mexico bolt-on (~13,000 net acres) in June; received inaugural Fitch BBB- investment grade rating.
- Repurchased 4.1M shares for $43M at $10.52/share; $957M remaining on $1B buyback authorization.
- Declared Q3 base dividend of $0.15/share ($0.60 annualized), payable Sept 30 to holders of record Sept 16.
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