Nov 4, 4:07 PM ET
Permian Resources reported third quarter 2026 net income attributable to Class A common stock of $420 million, or $0.49 per diluted share, up from $59 million, or $0.08 per diluted share, a year earlier. Oil and gas sales rose to $1.96 billion from $1.32 billion, and the company raised the midpoint of its 2026 oil production guidance to 202.5 MBbls/d while widening its capital expenditure range to $1.975 billion to $2.075 billion.
- Oil and gas sales were $1,957.7 million for the quarter, compared with $1,321.8 million in the third quarter of 2025.
- Diluted earnings per share were $0.49, compared with $0.08 a year earlier.
- The company completed about 175 transactions for upfront cash consideration of $1.15 billion, including the Ridge Runner acquisition, which closed October 30, 2026.
- Quarterly base dividend declared at $0.16 per share, payable December 31, 2026.
Read the filing on SEC.gov ↗
Aug 5, 4:10 PM ET
Permian Resources reported second-quarter 2026 oil and gas sales of $1.86 billion and net income attributable to Class A common stock of $792 million, up from $1.20 billion and $207 million a year earlier. The company raised the midpoint of its 2026 oil production guidance to 199.0 MBbls/d and its cash capital expenditure range to $1.9–2.0 billion, citing higher working interest and acquisitions. The board also declared a $0.16 per share quarterly base dividend.
- Oil and gas sales were $1.86 billion for the quarter, versus $1.20 billion in the second quarter of 2025.
- Diluted earnings per share were $0.93, versus $0.28 a year earlier.
- 2026 oil production guidance midpoint raised to 199.0 MBbls/d; cash capital expenditures range set at $1.9–2.0 billion.
- Acquisitions totaled $1.05 billion year-to-date; third quarter base dividend of $0.16 per share is payable September 30, 2026.
Read the filing on SEC.gov ↗
May 19, 4:32 PM ET
At its May 19, 2026 annual meeting, shareholders approved an amendment raising the maximum Class A shares issuable under the 2023 Long Term Incentive Plan from 71,718,560 to 101,718,560. They also elected ten directors, approved a non-binding advisory vote on executive pay, and ratified KPMG LLP as auditor for 2026. A larger share reserve allows more equity awards, which can dilute existing shareholders, and the plan amendment drew 190,600,884 against votes.
- Plan amendment: 101,718,560 maximum Class A shares, up from 71,718,560; 486,136,079 votes for, 190,600,884 against, 1,279,492 abstain
- Ten directors elected, with terms expiring at the 2027 Annual Meeting
- Non-binding say-on-pay approved with 671,484,023 votes for and 5,284,121 against
- KPMG LLP ratified as independent auditor for fiscal year ending December 31, 2026 with 724,751,914 votes for
Read the filing on SEC.gov ↗
May 6, 4:16 PM ET
Permian Resources' subsidiary OpCo entered a new $3.0 billion senior unsecured credit facility with JPMorgan Chase Bank as administrative agent, maturing April 30, 2031, and terminated its prior credit agreement without penalty. The filing does not report any change in operating or financial results, and the new facility can be increased to $4.0 billion at OpCo's request.
- New $3.0 billion senior unsecured credit facility dated April 30, 2026, with a scheduled maturity of April 30, 2031
- Prior credit agreement dated February 18, 2022, was set to mature in February 2028 and had $2.5 billion in elected commitments as of April 30, 2026
- Pricing at April 30, 2026: SOFR margin of 150 basis points, Alternate Base Rate margin of 50 basis points, commitment fee of 20 basis points
- Financial covenant requires a Total Indebtedness to Capitalization Ratio of no greater than 65%
Read the filing on SEC.gov ↗
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