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Permian Resources (PR)
NYSE:PR
Earnings Data
Report Date
Jul 30, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.31Last Year’s EPS
0.36Same Quarter Last Year
Strong Buy
Based on 18 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: 9.42%
|Next Earnings Date:Jul 30, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a positive sentiment with strong financial performance, strategic acquisitions, and effective cost management. Despite some concerns about market volatility and lower oil prices, the company is well-positioned to capitalize on future opportunities.Company Guidance
During the Permian Resources Q1 2025 earnings call, the company provided robust guidance, highlighting a record free cash flow per share of $0.54, driven by lower per-unit costs and strong production performance. The company reported oil production of 175,000 barrels per day and total production of 373,000 barrels of oil equivalent per day. They achieved an adjusted operating cash flow of $900 million and adjusted free cash flow of $460 million with $500 million in cash CapEx. The balance sheet was strengthened with liquidity reaching $3.2 billion and leverage reducing to 0.8x. Permian Resources redeemed $175 million in high-interest notes, saving approximately $17 million annually in interest expenses, and improved credit ratings with Moody's at BA1 and S&P at BB+. The company also announced a $608 million bolt-on acquisition in New Mexico, likely to deliver over 5% free cash flow per share accretion, and executed a share buyback of 4.1 million shares at an average price of $10.52. They forecast reduced capital expenditure by $50 million while maintaining production at the high end of their guidance, amidst an opportunistic hedging strategy with 25% of 2025 oil production hedged at over $73 per barrel.Record Free Cash Flow Per Share
Permian Resources achieved the highest free cash flow per share in its history at $0.54 per share, driven by lower per unit cost and strong production performance.
Strong Liquidity and Reduced Leverage
The company increased cash on the balance sheet from $479 million at year-end to approximately $700 million by March 31, reducing leverage from 1x to 0.8x.
New Mexico Bolt-On Acquisition
Announced a $608 million acquisition in New Mexico, adding 13,300 net acres and 8,700 net royalty acres with high return investments and low declines.
Production Exceeds Expectations
Oil production reached 175,000 barrels per day and total production was 373,000 barrels of oil equivalent per day, exceeding expectations.
Cost Reductions Achieved
Reduced controllable cash cost by 4% and D&C cost by 3%, achieving $750 per foot for the quarter.
Opportunistic Share Buyback
Executed a share buyback of 4.1 million shares at an average price of $10.52 during early April.
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PR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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PR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| May 07, 2025 | $11.89 | $13.01 | +9.42% |
| Feb 25, 2025 | $13.52 | $13.86 | +2.51% |
| Nov 06, 2024 | $14.27 | $14.66 | +2.73% |
| Aug 06, 2024 | $13.24 | $13.40 | +1.21% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Permian Resources (PR) report earnings?
Permian Resources (PR) is schdueled to report earning on Jul 30, 2025, TBA Not Confirmed.
What is Permian Resources (PR) earnings time?
Permian Resources (PR) earnings time is at Jul 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PR EPS forecast?
PR EPS forecast for the fiscal quarter 2025 (Q2) is 0.31.
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