Permian Resources ( (PR) ) has provided an announcement.
Permian Resources announced strong financial and operational results for the fourth quarter and full year 2024, with significant increases in crude oil and total average production, and a robust balance sheet. The company also unveiled its 2025 operational plan, which aims to enhance capital efficiency and increase production by 8% while maintaining a similar capital budget, thereby maximizing shareholder value.
More about Permian Resources
Permian Resources Corporation, headquartered in Midland, Texas, operates in the oil and gas industry, focusing on the exploration and production of crude oil and natural gas. The company is known for its operations in the Delaware Basin, emphasizing capital efficiency and cost leadership.
YTD Price Performance: -5.38%
Average Trading Volume: 7,252,396
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $11.3B
For detailed information about PR stock, go to TipRanks’ Stock Analysis page.