Permian Resources Corp PR
Permian Resources Corporation is an independent oil and natural gas company focused on driving returns to our stockholders through the acquisition, optimization and development of high-return crude oil and associated liquids-rich natural gas reserves. Throughout this Annual Report, unless the context otherwise indicates, all references to the "Company," "Permian Resources," "we," "us," or "our" refer to Permian Resources Corporation and its consolidated subsidiary, Permian Resources Operating, LLC ("OpCo").
Our principal business objective is to generate leading shareholder returns by leveraging our technical expertise and operational flexibility to optimally develop our oil and natural gas resources. We are focused on enhancing our high-quality scaled asset base, executing a capital-efficient development program, maintaining a conservative balance sheet and financial policy, and maximizing returns to our shareholders. We also look for opportunities to optimize our portfolio of high-return, long-life inventory through accretive acquisitions that meet our strategic and disciplined financial objectives.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.07B | $5.00B | $3.12B | $2.13B | $1.03B | $580.5M | $944.3M | $891.0M | $429.9M | — |
| SG&A | $186.5M | $174.6M | $161.9M | $159.6M | $110.5M | $72.9M | $79.2M | $63.3M | $49.9M | — |
| Total operating expenses | $3.60B | $3.26B | $2.02B | $1.12B | $699.4M | $1.36B | $864.0M | $608.3M | $324.6M | — |
| Operating income | $1.46B | $1.74B | $1.10B | $1.01B | $370.6M | -$780.1M | $79.4M | $283.2M | $114.1M | — |
| Interest expense | $283.1M | $296.2M | $177.2M | $95.6M | $61.3M | $69.2M | $56.0M | $26.4M | $5.7M | — |
| Pre-tax income | $1.38B | $1.55B | $1.04B | $870.1M | $138.7M | -$770.3M | $22.2M | $272.2M | $113.5M | — |
| Income tax | $284.2M | $300.3M | $155.9M | $120.3M | $569.0K | $85.1M | $5.8M | $59.4M | $29.9M | — |
| Net income | $1.1M | $1.3M | $879.7K | $749.8K | $138.2K | -$682.8M | $15.8M | $199.9M | $75.6M | -$387.0K |
| EPS, basic | 1.31 | 1.54 | 1.36 | 1.80 | 0.49 | -2.46 | 0.06 | 0.76 | 0.32 | — |
| EPS, diluted | 1.28 | 1.45 | 1.24 | 1.61 | 0.46 | -2.46 | 0.06 | 0.75 | 0.32 | — |
| Shares, diluted (wtd. avg.) | $731.0M | $684.5M | $389.1M | $322.8M | $310.2M | $277.4M | $276.6M | $266.9M | $239.8M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $153.7M | $479.3M | $73.3M | $69.9M | $9.9M | $8.3M | $15.5M | $21.4M | $125.9M | $134.1M |
| Total current assets | $1.31B | $1.12B | $650.4M | $463.8M | $86.5M | $65.6M | $120.1M | $130.2M | $202.6M | $151.3M |
| Property, plant and equipment | $57.1M | $50.4M | $43.6M | $15.2M | $11.2M | $12.7M | $14.6M | $8.8M | $5.5M | $2.2M |
| Total assets | $17.91B | $16.90B | $14.97B | $8.49B | $3.80B | $3.83B | $4.69B | $4.26B | $3.62B | $2.65B |
| Accounts payable | $70.5M | $46.0M | $94.5M | $51.4M | $9.7M | $5.1M | $21.5M | $56.0M | $64.0M | $11.2M |
| Total current liabilities | $1.68B | $1.33B | $1.24B | $605.6M | $167.9M | $131.9M | $254.5M | $247.7M | $199.8M | $91.5M |
| Long-term debt | $3.55B | $4.18B | $3.85B | $2.14B | $825.6M | $1.07B | $1.06B | $691.6M | $390.8M | — |
| Total liabilities | $6.38B | $6.38B | $5.74B | $2.84B | $1.05B | $1.22B | $1.42B | $1.02B | $612.6M | $98.7M |
| Retained earnings | $1.57B | $1.08B | $569.1M | $237.2M | -$262.3M | -$400.5M | $282.3M | $266.5M | $66.6M | -$8.9M |
| Total equity | $10.28B | $9.14B | $9.23B | $5.66B | $2.75B | $2.60B | $3.27B | $3.24B | $3.00B | $2.55B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $3.61B | $3.41B | $2.21B | $1.37B | $525.6M | $171.4M | $564.2M | $670.0M | $259.9M | — |
| Stock-based compensation | $70.4M | $60.4M | $78.4M | $116.5M | $37.5M | $21.0M | $29.0M | $20.7M | $13.8M | — |
| Investing cash flow | -$2.87B | -$3.10B | -$1.58B | -$1.21B | -$226.5M | -$326.3M | -$933.0M | -$1.07B | -$992.3M | — |
| Financing cash flow | -$1.06B | $97.7M | -$631.2M | -$106.6M | -$297.5M | $147.7M | $362.9M | $294.2M | $724.2M | — |
| Dividends paid | $447.7M | $466.9M | $141.9M | $14.4M | $0 | $0 | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001658566-26-000062.
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