Cost ManagementPR continues to execute on operating costs, highlighted by cash opex guidance flat/slightly lower YoY (and ~6% better vs. our forecasts), which is differentiated among E&P peers.
Financial PerformancePR unveiled its 2025 outlook which was stronger than expected, with oil volume guidance ~3% above consensus for in-line capex.
Production EfficiencyPermian Resources Corporation is able to average 172.5 mbd of oil for 2025 for the same capex budget that was needed to produce 159 mbd last year.