Profile
Sector:
EnergyIndustry:
Oil & Gas Equipment & ServicesCountry:
United StatesIPO:
15 April 2016Website:
http://www.permianres.comNext earnings report:
02 August 2024Last dividends:
20 May 2024Next dividends:
N/APrice
after hours | 32 min agoAnalysts recommendations
Institutional Ownership
PR Latest News
Shares of Permian Resources Corp PR were climbing in early trading on Wednesday.
Permian increased its 2024 production guidance by 2%. It has been seeing strong well results as well as reduced downtime from Earthstone's assets. The integration of Earthstone has gone well, and it now expects another $50 million per year in synergies above its original $175 million target.
MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) announces today that, in connection with its post-merger integration of Earthstone Energy Inc. (Earthstone) and its subsidiaries, it has completed the liquidation of Lynden Energy Corp. (Lynden), a corporation organized under the laws of British Columbia, and as a result it has applied to the British Columbia Securities Commission (BCSC), as principal regulator, and the Ontario Secur.
Permian Resources (PR) is experiencing positive changes in earnings estimates and has a favorable Zacks Earnings ESP as we enter earnings season.
Permian Resources Corporation will release its first quarter 2024 financial and operating results on May 7, 2024, after the market closes. An earnings conference call will be held on May 8, 2024 at 9:00 a.m. Central time, and interested parties can join by dialing (800) 225-9448 (Conference ID: PRCQ124) at least 15 minutes prior to the call.
Permian Resources Corporation (PR) Q4 2023 Earnings Call Transcript
Although the revenue and EPS for Permian Resources (PR) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Permian Resources (PR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Permian Resources (PR) announces newly acquired acreages and divestiture of non-core assets.
Permian is now projected to generate slightly under $1.3 billion in 2024 free cash flow at current strip. This is close to $400 million less than my October projections, due to weaker strip prices. Permian has been active in making smaller acquisitions to maintain and increase its inventory.
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What type of business is Permian Resources?
Permian Resources Corporation, an independent oil and natural gas company, focuses on the development of crude oil and related liquids-rich natural gas reserves in the United States. Its assets primarily focus on the Delaware Basin, a sub-basin of the Permian Basin. The company's properties consist of acreage blocks primarily in Reeves County, West Texas and Lea County, New Mexico. As of December 31, 2021, it leased or acquired approximately 73,675 net acres; and owned 991 net mineral acres in the Delaware Basin. The company was formerly known as Centennial Resource Development, Inc. and changed its name to Permian Resources Corporation in September 2022. Permian Resources Corporation was incorporated in 2015 and is headquartered in Midland, Texas.
What sector is Permian Resources in?
Permian Resources is in the Energy sector
What industry is Permian Resources in?
Permian Resources is in the Oil & Gas Equipment & Services industry
What country is Permian Resources from?
Permian Resources is headquartered in United States
When did Permian Resources go public?
Permian Resources initial public offering (IPO) was on 15 April 2016
What is Permian Resources website?
https://www.permianres.com
Is Permian Resources in the S&P 500?
No, Permian Resources is not included in the S&P 500 index
Is Permian Resources in the NASDAQ 100?
No, Permian Resources is not included in the NASDAQ 100 index
Is Permian Resources in the Dow Jones?
No, Permian Resources is not included in the Dow Jones index
When does Permian Resources report earnings?
The next expected earnings date for Permian Resources is 02 August 2024