Permian Resources Corporation ( (PR) ) has released its Q3 earnings. Here is a breakdown of the information Permian Resources Corporation presented to its investors.
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Permian Resources Corporation is an independent oil and natural gas company based in Midland, Texas, focusing on the acquisition, optimization, and development of high-return oil and natural gas properties primarily in the Permian Basin, specifically the Delaware Basin.
In its third quarter 2025 earnings report, Permian Resources Corporation announced strong financial and operational results, with increased production and improved cost efficiencies. The company also revised its full-year guidance upwards, reflecting its robust performance and strategic advancements.
Key highlights from the report include a total average production of 410.2 MBoe/d, with significant contributions from oil, natural gas liquids, and natural gas. The company reported cash capital expenditures of $480 million and adjusted free cash flow of $469 million. Notably, Permian Resources reduced its drilling and completion costs by 11% compared to the previous year and decreased total controllable cash costs by 6% quarter-over-quarter. The company also strengthened its balance sheet by reducing debt by $460 million and maintaining a leverage ratio of 0.8x.
Permian Resources’ strategic focus on cost control and operational efficiency has positioned it well for future growth. The company increased its full-year production guidance and continues to identify opportunities for high-return acquisitions, particularly in the Delaware Basin. With a strong balance sheet and a comprehensive capital allocation strategy, Permian Resources aims to maximize shareholder value through sustainable dividends, debt reduction, and strategic acquisitions.
Looking ahead, Permian Resources remains committed to leveraging its operational expertise and financial strength to drive long-term growth and shareholder returns. The company’s management is optimistic about its ability to continue delivering strong performance and capital efficiency in the coming quarters.