Reports Q1 revenue $1.24B, consensus $1.2B. “In our first full quarter post closing Earthstone, Permian Resources delivered strong operational and financial results, building upon our operational momentum from last year,” said Will Hickey, Co-CEO of Permian Resources. “Outstanding well results and higher operational efficiencies across both legacy Permian Resources and Earthstone assets drove robust production during the quarter. This outperformance provided us with the confidence to increase standalone production guidance and represents a solid start to the year.”
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