Permian Resources Q2 production 376.4 MBoe/d, raises 2026 oil guidance to 199.0 MBbls/d, acquires $1.05B in acreage

Permian Resources Corp

Q2 oil production 198.1 MBbls/d (+3% QoQ); realized oil price $97.81/bbl; adjusted FCF $751M.
Acquired ~54,000 net acres and ~20,000 NRAs for $1.05B via ~190 transactions; ~$13,000/acre.
Raised 2026 oil production guidance mid-point to 199.0 MBbls/d; capex guidance mid-point to $1.95B.
Declared Q3 base dividend $0.16/share, payable Sept 30, record Sept 16; annualized yield 3.1%.
Redeemed $875M of legacy Earthstone notes; total debt reduced 35% to $2.7B; net debt/EBITDAX 0.5x.

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