Reports Q3 revenue $1.32B, consensus $1.33B. “Third quarter results clearly demonstrate Permian Resources (PR)’ leadership in the Delaware Basin,” said Will Hickey, Co-CEO of Permian Resources. “Strong well performance and continued cost reductions drove another step-change in capital efficiency. Our team remains focused on leveraging its operational and technical expertise to further strengthen our cost leadership position. During the quarter, we reduced D&C costs to approximately $725 per foot and continue to identify additional opportunities to capture further efficiencies.”
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