earnings
confidence high
sentiment positive
materiality 0.85
Permian Resources Q1 2026: production 412.9 MBoe/d, free cash flow $513M, raises oil guidance
Permian Resources Corp
2026-Q1 EPS reported
$0.05
revenue$1,388,146,000
- Total average production 412.9 MBoe/d (192.3 MBbls/d oil, 103.3 MBbls/d NGL, 703 MMcf/d gas).
- Cash capex $466M; operating cash flow $815M; adjusted free cash flow $513M.
- D&C costs reduced to ~$685/lateral foot (6% reduction vs 2025).
- Increased full-year oil production guidance mid-point by 3.5 MBbls/d to 192.5 MBbls/d.
- Declared Q2 base dividend $0.16/share, payable June 30, 2026 to holders of record June 16.