Permian Resources Corporation ( (PR) ) has released its Q2 earnings. Here is a breakdown of the information Permian Resources Corporation presented to its investors.
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Permian Resources Corporation, an independent oil and natural gas company based in Midland, Texas, focuses on acquiring, optimizing, and developing high-return oil and natural gas properties primarily in the Permian Basin, with a significant presence in the Delaware Basin.
Permian Resources Corporation reported robust financial and operational performance for the second quarter of 2025, highlighted by increased production and a strong balance sheet. The company also raised its full-year production guidance, reflecting its strategic acquisitions and operational efficiencies.
Key financial metrics for the quarter included a total average production of 385.1 MBoe/d, with oil production at 176.5 MBbls/d. The company generated $1.0 billion in cash from operating activities and reported an adjusted free cash flow of $312 million. Permian Resources also achieved a significant milestone by receiving an investment-grade credit rating from Fitch, underscoring its strong financial position.
Strategically, Permian Resources completed the acquisition of APA New Mexico assets, adding approximately 13,000 net acres to its portfolio. The company also repurchased $43 million of its stock and entered into multiple transportation and marketing agreements to enhance netbacks, positioning itself for improved realizations in the coming years.
Looking ahead, Permian Resources remains focused on maximizing shareholder returns through its low-cost leadership and high-quality asset base. The company is well-positioned to navigate any commodity price environment, supported by its strong liquidity and financial flexibility.